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How Long Does It Take to Close on a House From Start to Finish?

HomeLight

You’ve accepted an offer on your house and both you and the buyer have signed the purchase contract. But the time required to process and underwrite the loan will be in large part what dictates the length of your closing. 24, you can expect to close on the sale of your home somewhere between the end of February to mid-March.

Closing 112
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Moving for the Military? Your Guide to Selling a House Under PCS Pressure

HomeLight

Some will purchase your home with the intention of renting it out. Unlike flippers, iBuyers purchase homes in fairly good condition at a high volume, turn them around quickly, and aim to offer a seamless home-selling experience online with easy-to-use digital platforms. Access hundreds of pre-approved buyers nationwide.

VA loan 109
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Is there racial bias baked into GSE underwriting?

Housing Wire

The story, “The secret bias hidden in mortgage-approval algorithms,” included statements from fair housing activists who concluded that there is “systemic racism” in the mortgage process. The result here is that borrowers who have FICO scores below, say, 720 with a high loan to value (LTV) will often find a better deal by going to the FHA.

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Vital Steps to Take When Purchasing Your First Home

Realty Biz

From three decades working as a Realtor, there are common denominators for first-time home buyers going through the purchase process with ease. This includes understanding the terminology, legal aspects, and financial considerations of purchasing a property. It's advisable to reach out to multiple lenders and obtain pre-approval.

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Find Cash Home Buyers in Houston for a Fast, Simple Sale

HomeLight

Do you need to connect with cash home buyers in Houston for a fast sale? Whatever your reason for needing a quick sale without making expensive repairs, Houston is teeming with cash home buyers ready to make you an offer no matter your home’s condition. Need to Sell Your House Fast in Houston? No showings, no repairs, no open houses.

Sales 68
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This Checklist and Timeline Is Your GPS for Buying a House

HomeLight

The planning stage (1 to 3 years before purchase). Your debts include student loans, car loans, child support payments, and credit card bills, plus your mortgage. Paying off some loans before you start house-hunting can help you to qualify for a bigger home loan. Source: (Shopify Partners / Burst).

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Home Buying Checklist: A Survival Guide for Buyers

Redfin

Homeownership offers stability and a sense of security and safety, but the process of making the biggest purchase of your life can seem overwhelming. Debts include recurring bills, such as car payments, daycare payments, and student loans. If you’re a veteran, you may qualify for a no down payment mortgage known as a VA loan.