Housing Wire
DECEMBER 8, 2023
Educate your clients about financing While many homebuyers can benefit from a 30-year, fixed-rate conventional mortgage , other borrowers might need access to other loan programs with more lenient guidelines. Should they consider new construction? Are they in a situation where they can compete for a home if necessary?
Realty Biz
DECEMBER 31, 2020
But 2021 will have more buyers in the market place as the economy recovers (again, watch the unemployment numbers for more clarity as the New Year unfolds). There will be another important snag for people that are on-the-edge of being able to qualify for a mortgage. According to the U.S. Expect bidding wars.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
RIS Media
MAY 19, 2021
Not all sales will have contingencies with them, but most will. Common real estate contingencies include the following: Inspection Contingencies. The most common contingency is the home inspection contingency. The home inspection can lead to some delays in the process, too, for around 10% of cases.
HomeLight
JULY 6, 2023
So what are the contract stipulations that put a listing into that “Contingent” stage, and how common is it for a property to hang in closing limbo? Here are 5 common contingencies in real estate contracts: Inspection contingency A buyer and their lender understandably want a home inspection to make sure they’re not investing in a lemon.
HomeLight
OCTOBER 13, 2021
You should receive a copy of the Closing Disclosure three days before closing so that you can review the terms of the mortgage. When you get to the closing table (with the primary documents in hand), there are going to be many, many documents and disclosures for you to sign, particularly if you are getting a mortgage. Loan application.
HomeLight
SEPTEMBER 1, 2022
Consider the following down payment assistance programs in Florida: Florida Assist (FL Assist) : The Florida Assist program will loan up to $10,000 in closing costs on approved FHA, VA, USDA, and conventional mortgage loans. The second mortgage is forgiven at 20% per year, over a 5-year term. Get preapproved for a mortgage.
HomeLight
AUGUST 9, 2022
The down payment on a home gets your foot in the door, and the mortgage lets you move in. It’s the first financial move you’ll make in securing your new home purchase. The size of your down payment can depend on a variety of factors, like where you’re buying, how much you have saved, and what kind of mortgage you’ll get.
Expert insights. Personalized for you.
384 
Let's personalize your content