Realty Biz

SEPTEMBER 23, 2023

When choosing a buyer's agent, consider factors like experience and qualifications. Understanding the mortgage process, including prequalification and pre-approval, is also essential. Understanding the Mortgage Process When purchasing a home, understanding the mortgage approval process is essential.

Purchase and sale agreement 73

Purchase and sale agreement Pre-approval Agents Pre-qualification 73

RIS Media

SEPTEMBER 21, 2020

Approved for short sale : A term that indicates that a bank has approved a homeowner for a reduced listing price on a home, and said home is ready for resale. Mortgage interest rate : The price of borrowing money. Short sale : The sale of a home by an owner who owes more on the home than it’s worth.

Pre-approval 90

Pre-approval Pre-qualification Title search Inspection 90

HomeLight

OCTOBER 5, 2020

As fate would have it, right when you’re ready to start seriously searching for a home to buy, your dream house is listed for sale as a short sale. If you don’t know about short sale requirements for buyers, you might feel like you’re out of luck. What’s a short sale?

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Short sale Sales Pre-approval Pre-qualification 75

HomeLight

AUGUST 16, 2021

Properties get to this point after the borrower stops making mortgage payments for a period of time. If it sells, the lender recoups some of the outstanding loan amount through the sale. Go to your county’s office and ask for the pre-foreclosure list ,” he says. Reach out to people on the list, and give them an offer!”.

Banks 105

Banks Pre-qualification Investor Short sale 105

HomeLight

JULY 31, 2020

For most buyers, financing a home through a bank or lender with a mortgage loan is necessary to purchase the property. Because the entire sale hinges on securing this loan, it is a top criteria for closing, and it’s also the most common reason for a delay in the closing process. Short sale. Loan approval. Dodge move.

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Closing Purchase and sale agreement Title search Earnest money deposit 111

HomeLight

JANUARY 4, 2022

HomeLight’s 2020 agent survey found that buyers who would traditionally use a mortgage are finding ways to pay cash however they can. If you’d like to connect with an agent today who’s connected to local cash buyers, HomeLight makes it easy and fast to find a top real estate agent near you with your preferred qualifications.

Investor 98

Investor Finance Inspection Sales 98

The Close

DECEMBER 29, 2022

Furthermore, in today’s market, understanding our complex mortgage industry could actually help you close more deals and maybe even save clients money. So we’ve included a handy download with questions your clients should ask their mortgage broker. Adjustable-rate mortgage (ARM). Assumable mortgage. Acceleration clause.

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