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Frequently Asked Questions about Buyers Agents in Real Estate

Realty Biz

The agent also helps with the paperwork, including making offers, reviewing contracts, and coordinating inspections and appraisals. The amount required for a down payment can vary based on factors such as the type of loan, your credit history, and the lender's requirements. Negotiation skills to help you secure the best possible deal.

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Short Sale Mortgage Loans: What Borrowers Need To Know

HomeLight

But what if you’re buying a short sale? Does that mean you might encounter even more reasons to cry while trying to get a short sale mortgage loan ? Securing a short sale mortgage loan isn’t that different from purchasing a standard home. What’s a short sale ?

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Selling a House ‘As Is’ in Minnesota

HomeLight

However, Minnesota does allow certain exceptions for sellers who haven’t lived in the home, such as having a qualified third-party inspector provide an inspection report or submitting the Minnesota Disclosure Alternatives form. But if it is a turnkey house where they’re just ready to go to the next chapter, they’re tired, etc.,

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Selling a House ‘As Is’ in North Carolina

HomeLight

Schaus does business in the area of Fort Bragg, which means that Department of Veterans Affairs home loans ( VA loans ) are used very often by buyers. Considering 80% of Americans say they would prefer to buy a move-in-ready home, an “as is” sale likely has a reduced buyer pool from the start.

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Selling a House ‘As Is’ in Maryland

HomeLight

Even in the case of an as-is sale, you are still required to provide a list of latent defects to prospective buyers. These are any problems the purchaser wouldn’t be able to discover for themselves during a visual inspection, as well as anything that would pose a health or safety hazard. Consider a pre-listing inspection.

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How to Buy a Preforeclosure Successfully: A 13-Step Beginner’s Guide

HomeLight

If you’re going to be buying the preforeclosure with a mortgage, your purchase agreement is contingent on your ability to secure a loan, so getting preapproved is important. For this type of home purchase, you can get either a conventional loan or government loan (such as an FHA loan or VA loan ).

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Selling a House ‘As Is’ in Massachusetts

HomeLight

Buyers need to ask direct questions and pay close attention to the results of a home inspection so that they can determine the condition of the property and its features. The buyer may request answers in writing, especially after a home inspection. Consider a pre-listing inspection.

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