HomeLight

AUGUST 31, 2020

You may have heard that short sales, foreclosures, or bank-owned properties offer great opportunities for a steal , but what do these different terms mean, and how does the homebuying transaction work for each? What’s the difference between buying a short sale vs. a foreclosure, and where can the best deals be had?

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Short sale Sales Banks Inspection 89

HomeLight

FEBRUARY 28, 2022

Simple Sale , a solution from HomeLight, is an online platform where sellers in Colorado (and across the country) can request a cash offer for their home. Simple Sale has a network of cash buyers on its platform, and partner investors have a wide range of investment strategies, including fix-and-flip and buy-and-hold.

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Closing costs Closing Sales Staging 78

HomeLight

AUGUST 24, 2022

In addition, 34% of Florida housing units are occupied by renters, so the state remains a hotspot for investor activity. Imagine you list your home for sale and attract a buyer right away who is also willing to offer a top price. However, this buyer needs a mortgage to finance the deal, and that can take months.

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Purchase and sale agreement Title search Proof of funds Title 105

HomeLight

JULY 31, 2021

The main method is to request a cash offer from an investor or cash-buying company that will likely purchase your home “as is.” Our guide aims to address the urgency of needing cash with the level of thought and care that a sale of this weight requires. says Andy Kolodgie , a real estate investor in Washington, D.C. Good bones.

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Earnest money deposit Inspection Proof of funds Inspection contingency 98

The Close

DECEMBER 29, 2022

This tool, also known as a like-kind exchange, allows investors to defer paying capital gains taxes on a sale. If you want to work with real estate investor clients, read our own Sean Moudry’s simple, yet thorough run down: “ How to Explain 1031 Exchange Rules to Your Clients.” Construction loan. Contingency.

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Purchase and sale agreement Title Proof of funds Pre-approval 97