HomeLight

AUGUST 29, 2022

If you plan on applying for a mortgage, your lender will want to see at least two years of steady employment or business ownership if you’re self employed. Putting less than 20% down, however, might require you to purchase mortgage insurance , but it may be worth it to become a homeowner sooner than you anticipated.

Earnest money deposit 102

Earnest money deposit Title Inspection Title search 102

HomeLight

MARCH 13, 2023

You don’t need the added stress of waiting for the buyer’s mortgage approval or a home inspection turning up any unpleasant surprises. With a cash home buyer, there are usually no financing or inspection contingencies typically found in traditional real estate contracts.

Sales 88

Sales Investor Due diligence Renovation 88

HomeLight

MARCH 16, 2023

Naumann says buyers may not get a mortgage if big-ticket items like the roof or A/C aren’t in good condition. Investors offer alternatives to foreclosure and bankruptcy About 60% of sellers who contact Ramcharitar are behind on their mortgage payments. The buyer does due diligence during the option period in Texas.

Sales 72

Sales Purchase and sale agreement Earnest money deposit Investor 72