The Close

SEPTEMBER 2, 2020

1 What is the difference between an appraisal and inspection? 4 What is the difference between an FHA and conventional loan? 19 How does a VA loan work? 22 Is staging really effective? 48 How long does it take to stage a home? One for each week of the year. 2 How much down payment do I need to buy a home?

Purchase and sale agreement 124

Purchase and sale agreement Renovation VA loan Pre-approval 124

HomeLight

AUGUST 16, 2021

While you’re in the preparation stages of buying a home, it’s a good idea to spend some time in the neighborhoods you might end up in. It’s important the buyer knows what everything is going to cost, from inspection to deposits — we don’t want any surprises,” Mancuso says. Complete a home inspection. Kick off your house hunt.

Closing costs 104

Closing costs Purchase and sale agreement Inspection Loans 104

HomeLight

APRIL 11, 2024

Consider a pre-listing inspection A pre-listing home inspection is the same as a standard home inspection except that the seller pays for it before listing their home on the market. Preliminary offer: At this stage, some house-buying companies will provide a preliminary offer that is subject to change after a house assessment.

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As-is Inspection Finance Investor 90

HomeLight

JANUARY 22, 2024

Make sure they post absolutely everything that is going on with the house that they’re aware of just to avoid any potential issues at an inspection. Consider a pre-listing inspection A pre-listing home inspection is the same as a standard one except that the seller pays for it before listing their home on the market.

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HomeLight

MAY 23, 2022

Schaus does business in the area of Fort Bragg, which means that Department of Veterans Affairs home loans ( VA loans ) are used very often by buyers. Consider a pre-listing inspection. Schaus does warn that there can be a downside to these pre-inspections, as well. Pros of listing a home ‘as is’.

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As-is Purchase and sale agreement VA loan Inspection 85

HomeLight

DECEMBER 29, 2023

However, Minnesota does allow certain exceptions for sellers who haven’t lived in the home, such as having a qualified third-party inspector provide an inspection report or submitting the Minnesota Disclosure Alternatives form. They’re concerned about finding a buyer willing to purchase their home “as is” in its current state.

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HomeLight

MAY 23, 2022

Buyers need to ask direct questions and pay close attention to the results of a home inspection so that they can determine the condition of the property and its features. The buyer may request answers in writing, especially after a home inspection. Consider a pre-listing inspection.

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HomeLight

DECEMBER 29, 2023

Fields notes that despite sellers listing a home “as-is,” buyers are allowed to request an inspection, and depending on the state of the home, buyers may still be able to request repairs — or even cancel the contract. Fields highly recommends getting a pre-listing home inspection. “A A pre-listing inspection is a wonderful thing to do.

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As-is Inspection Finance Investor 92

HomeLight

DECEMBER 29, 2023

Consider a pre-listing inspection A pre-listing home inspection is the same as a standard one, except that the seller pays for it before listing their home. I’ll give an inspection contingency, that’s it. For an as-is, the sale can be a win-win situation for the seller. I commonly have as-is sales,” Sierra says. “I’ll

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As-is Inspection Finance Investor 88

HomeLight

MAY 19, 2022

These are any problems the purchaser wouldn’t be able to discover for themselves during a visual inspection, as well as anything that would pose a health or safety hazard. Consider a pre-listing inspection. So once you do that inspection, you must disclose all of that.”. Possibility of reducing negotiations from the inspection.

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As-is Inspection Investor Closing costs 101

HomeLight

JULY 25, 2022

Consider a pre-listing inspection. A pre-listing home inspection is the same as a standard home inspection except that the seller pays for it before listing their home on the market. I do not recommend to anyone to get a pre-listing inspection because every inspection is going to be different,” says Martin. “So

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As-is Purchase and sale agreement Inspection Investor 97

HomeLight

FEBRUARY 21, 2023

According to an example document from the Georgia Realtors Association, sellers must disclose any known material defects that aren’t obvious or would not be found by a buyer upon completing a reasonable inspection. The form will walk you through documenting what you know about the home’s occupancy, lead-based paint, systems, and components.

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As-is Investor Inspection Closing costs 76

HomeLight

OCTOBER 27, 2021

A home is in preforeclosure when the owner has stopped making mortgage payments for several months and their loan is delinquent or in default — so the owner is approaching foreclosure. At this stage, official notice of default has been issued and is publicly available. Step 9: Get an inspection. Step 3: Find your house.

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Purchase and sale agreement Inspection Homeowner’s association Title 87

HomeLight

AUGUST 24, 2022

Buyers are still going to do their inspection, they’re going to do their own due diligence and they are going to be paying their inspector. Consider a pre-listing inspection. A pre-listing home inspection is the same as a standard home inspection except that the seller pays for it before listing their home on the market.

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As-is Inspection Investor Closing costs 98

HomeLight

JULY 25, 2022

Frequently, the inspection serves as the buyers’ safety net. “If If the inspection shows some damage that nobody was aware of,” Tom explains, “it usually results in renegotiation of the deal — either the price or the repair gets fixed.”. Get an offer in as few as 48 hours and sell without the need for repairs, staging, or open houses.

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As-is Purchase and sale agreement Inspection Closing costs 88

HomeLight

MAY 23, 2022

A lot of times, sellers are trying to remove some future liability by listing their house ‘as is,’ but buyers do, of course, still have the opportunity to inspect it and ask for any repairs or a price reduction,” Rynders says. “So Consider a pre-listing inspection. Which types of homes are sold ‘as is’?

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As-is Inspection Investor Closing costs 107

HomeLight

MAY 23, 2022

Something that Allen does see with some as-is sellers, is that they’ve had the house under contract before and have gone through the inspection period — only to have major defects pop up during the process. There’s a lot of really good things about having your house pre-inspected. Consider a pre-listing inspection. Jesse Allen.

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As-is Purchase and sale agreement Inspection Closing costs 97

HomeLight

JUNE 30, 2022

Also during this stage, your lender will pull your credit report after getting your consent. Get a property inspection. It’s always recommended to get a home inspection. Some loan programs, such as those backed by the FHA , allow for a down payment as small as 3.5% Don’t fear negotiating with the seller post inspections.

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Purchase and sale agreement Inspection Earnest money deposit Closing costs 73

HomeLight

APRIL 12, 2023

Real estate closing costs are expenses incurred by buyers and sellers during the final stages of a real estate transaction when the transfer of ownership is completed. Down payments vary by lender , borrower, and loan and can be as little as 0% (VA loans) or as much as 10% (jumbo loans). What are closing costs?

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Closing costs Closing Purchase and sale agreement Title search 80

HomeLight

AUGUST 23, 2022

Lynn goes the extra mile for all of her clients by doing light staging to properties that need it. Consider a pre-listing inspection. A pre-listing home inspection is the same as a standard home inspection except that the seller pays for it before listing their home on the market. No staging. Expect lower offers.

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As-is Investor Closing costs Inspection 96

HomeLight

AUGUST 12, 2022

Consider a pre-listing inspection . A pre-listing home inspection is the same as a standard home inspection except that the seller pays for it before listing their home on the market. Since the term alone should lower expectations, staging isn’t necessary in an as-is home. Price to reflect ‘as is’ condition. Get Started.

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As-is Purchase and sale agreement Investor Closing costs 93

HomeLight

SEPTEMBER 1, 2022

Mortgage insurance premium (MIP) paid monthly for the life of the loan. VA loans are available to current service members and veterans who meet eligibility requirements. There are two types of VA loans — a VA direct home loan (uncommon) and a VA-backed home loan. DTI of 43% or lower.

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Earnest money deposit VA loan FHA loan Loans 93

HomeLight

DECEMBER 30, 2021

After being under the microscope at open houses and inspection, you may wonder: What’s the point of this final examination? According to the National Association of Realtors® Research Group’s 2021 data , 64% of buyers have conventional loans, 16% have FHA loans and 14% received VA loans. You’re ready to move on.

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Loans Agents Inspection Closing 117

HomeLight

MARCH 13, 2023

Joseph has encountered active military who recently purchased homes with a VA loan, but got orders to ship out only to find that their home hadn’t appreciated much in a short time. You don’t need the added stress of waiting for the buyer’s mortgage approval or a home inspection turning up any unpleasant surprises.

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Sales Investor Due diligence Renovation 81

HomeLight

APRIL 29, 2022

An as-is home sale often indicates that the home has some “big-ticket items” that won’t pass the required inspection or appraisal, he adds. Consider a pre-listing inspection. A pre-listing home inspection is the same as a standard home inspection except that the seller pays for it before listing their home on the market.

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As-is Purchase and sale agreement Investor Inspection 70

The Close

DECEMBER 29, 2022

A contingency might be the buyer selling their current house, requiring certain repairs to be made, or obtaining a clean termite inspection. It’s an official form certifying that a veteran has met the terms that qualify someone for a VA loan. Home inspection. Sure, deals can fall apart. Co-borrower. Related Article.

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

HomeLight

AUGUST 12, 2022

Consider a pre-listing inspection. A pre-listing home inspection is the same as a standard home inspection except that the seller pays for it before listing their home on the market. Hernandez does not recommend the seller pay for a pre-listing inspection. “We Possibility of reducing negotiations from the inspection.

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As-is Purchase and sale agreement Natural hazards disclosure Closing costs 98