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Down payments drop for the first time in nearly 2 years

Real Estate News

Skip to Content Agents Brokerages MLS/Assn Tech Industry By the Numbers Consumer Shutterstock By the Numbers Down payments drop for the first time in nearly 2 years A new Redfin report suggests homebuyers may be seeking less expensive homes as ongoing economic concerns add pressure to large purchase decisions. Redfin found that 15.3%

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20% down? How to help buyers who don’t know that’s a myth

Real Estate News

Skip to Content Agents Brokerages MLS/Assn Tech Industry By the Numbers Consumer Shutterstock Agents 20% down? Majorities of both groups use conventional loans, and many (29% of first-time buyers and 10% of repeat buyers) use FHA loans, which offer down payments as low as 3.5%. Write to Meghan Roos.

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Assumable Mortgages: What to Know Before Taking Over a Home Loan

Redfin

FHA loans These loans are popular for their flexible credit requirements and low down payment options, which make homeownership more accessible. FHA loans are assumable , but the buyer must meet the lenders approval criteria, including a sufficient credit score and stable income.

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Selling a House ‘As Is’ in Vermont

HomeLight

MLS has a field to mark a listing as is? Be aware of minimum property standards for certain loans When you place your home on the market, its hard to predict if your top offer will come from a cash buyer or a buyer pre-qualified for a home loan.

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Selling a House ‘As Is’ in Minneapolis

HomeLight

Fast facts about selling a house ‘as is’ in Minneapolis Median sales price in Minneapolis $408,000 Average days on market (DOM) for Minneapolis 28 days Disclosures Minnesota law requires sellers to disclose material facts about the property through the Minnesota Seller’s Property Disclosure Statement MLS has a field to mark a listing “as is”?

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Selling a House ‘As Is’ in South Carolina

HomeLight

Be aware of minimum property standards for certain loans When you place your South Carolina home on the market, it’s hard to predict if your top offer will come from a cash buyer or a buyer pre-qualified for a home loan. If your house complies with FHA, it complies with most other lenders’ requirements.

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Selling a House ‘As Is’ in Plymouth

HomeLight

MLS has a field to mark a listing as is? Be aware of minimum property standards for certain loans When you place your home on the market, its hard to predict if your top offer will come from a cash buyer or a buyer pre-qualified for a home loan. No Is a real estate attorney required?