HomeLight

OCTOBER 5, 2020

As fate would have it, right when you’re ready to start seriously searching for a home to buy, your dream house is listed for sale as a short sale. If you don’t know about short sale requirements for buyers, you might feel like you’re out of luck. What’s a short sale?

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Short sale Sales Pre-approval Pre-qualification 73

HomeLight

DECEMBER 2, 2021

One of them is a short sale. The process is complicated and confusing, often leaving a worrisome question in its wake: How long does a short sale stay on your credit? What is a short sale? Helali advises consulting your loan servicer, as requirements vary amongst lenders. The process. The timeline.

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Short sale Sales Loans Banks 77

Realty Biz

FEBRUARY 21, 2021

Miami-Dade County total home sales posted a double-digit increase for the fifth consecutive month in January 2021 as pent-up demand and record-low mortgage rates continue fueling transactions, according to the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system. Miami single-family home sales rose 9.1%

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Sales Short sale FHA loan Fixed-rate mortgage 91

HomeLight

OCTOBER 27, 2021

A home is in preforeclosure when the owner has stopped making mortgage payments for several months and their loan is delinquent or in default — so the owner is approaching foreclosure. Step 2: Get preapproved for a loan. Source: (airfocus / Unsplash). Step 1: Know the basics — what’s a preforeclosure? Step 3: Find your house.

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Purchase and sale agreement Inspection Homeowner’s association Title 82

HomeLight

DECEMBER 29, 2023

Fast facts about selling a house ‘as is’ in Minnesota Median sales price in Minnesota $334,900 Average days on market (DOM) for Minnesota 32 days Disclosures Minnesota law requires sellers to disclose material facts about the property through the Minnesota Seller’s Property Disclosure Statement. Yes Is a real estate attorney required?

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As-is Inspection Finance Investor 87

HomeLight

SEPTEMBER 1, 2020

If the former homeowner defaulted on an FHA loan, the home may become inventory for various HUD programs, including the Good Neighbor Next Door program. You can buy a short sale, or you can buy a bank-owned property — but the foreclosure is just what’s happening in the process.”. Source: faiq daffa / Unsplash).

Banks 75

Banks Inspection contingency Inspection FHA loan 75

HomeLight

MAY 23, 2022

MLS has field to mark a listing “as is”? 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. Be aware of minimum property standards for certain loans. Disclosures. Is a real estate attorney required?

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As-is Purchase and sale agreement VA loan Inspection 79