Remove Residential Remove Short sale Remove Staging Remove VA loan
article thumbnail

In the Military and Selling a House: Programs and Resources for Service Members

HomeLight

This minimum equity ensures that you’ll have the funds for necessary home sale expenses (such as staging , repairs , and closing costs ), plus some leftover profit to put towards your next down payment or security deposit. a reduction in “the interest rate on any pre-service loans to a maximum” of 6%. Home Loan program.

VA loan 69
article thumbnail

Selling a House ‘As Is’ in North Carolina

HomeLight

North Carolina state law requires sellers to disclose material facts about the property through the Residential Property and Owners’ Association Disclosure Statement. 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.

As-is 85
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

A Seller’s Home Appraisal Checklist: A Cheat Sheet for Your Home’s Final Exam

HomeLight

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. Since many lenders process a high volume of loans all around the country, local appraisers provide first-hand verification of the property’s condition. “I

Loans 117
article thumbnail

Selling a House ‘As Is’ in Maryland

HomeLight

Median sales price in Maryland. Maryland law requires sellers to disclose material facts about the property through the Maryland Residential Property Disclosure and Disclaimer Statement. When you place your home on the market, it’s hard to predict if your top offer will come from a cash buyer or a buyer pre-qualified for a home loan.

As-is 101
article thumbnail

Selling a House ‘As Is’ in Indiana

HomeLight

Median sales price in Indiana. Indiana law requires sellers to disclose material facts about the property through the Seller’s Residential Real Estate Sales Disclosure. This disclosure form is required for almost all residential home sales for properties hosting up to four units. Average days on market for Indiana.

As-is 97
article thumbnail

131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

It’s an official form certifying that a veteran has met the terms that qualify someone for a VA loan. VA loans might have a lot of red tape, but they can be excellent, affordable options for service members and their spouses. Freddie Mac is the common name for the Federal Home Loan Mortgage Corporation, or FHLMC.