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Surprising Things You Should Know About Cash Homebuyers

Realty Biz

Cash sales remain strong, even as the real estate market recovers from the low housing inventory and soaring mortgage rates. These investors renovate and sell these properties at a profit. Cash Offers Have No Appraisal Requirement Selling your home to mortgaged buyers always requires a home appraisal to know your home’s worth.

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Are HUD Homes a Good Deal? How to Tell If the Properties Are a Fit

HomeLight

The Federal Housing Administration (FHA) is part of HUD’s Office of Housing, and it guarantees certain mortgage loans for lenders by providing mortgage insurance on loans for borrowers who may not qualify for a conventional mortgage ; the lenders in turn provide those mortgages to homebuyers.

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Buying a Historic Home? What to Know Before Buying and How to Preserve it

Redfin

This may include choices for paint color, window type, and renovations. Getting a mortgage for a historic home may seem like it would be the same as the standard home buying process. However, there are a few things to keep in mind as you navigate the mortgage application process. 7 tips for preserving historic homes.