Remove Short sale Remove Title Remove VA loan
article thumbnail

13 Short Sale Tips So You Get a Dream Deal, Not a Nightmare Scenario

HomeLight

You may have heard a little bit about short sales — enough to know that this type of real estate listing can present some opportunities to get a good deal. But while short sales offer potential opportunities , they come with plenty of potential pitfalls as well. Know if a short sale is the best option for you.

article thumbnail

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

HomeLight

To best understand this program and see if it is right for you, you can explore the “VA Home Loan Guaranty Buyer’s Guide” and/or consult a real estate professional who has frequently worked with service members. VA-backed mortgage as marketing. Another benefit of VA loan assumption is lower closing fees.

VA loan 95
Insiders

Sign Up for our Newsletter

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

article thumbnail

How to Buy a Foreclosed Home: The Ultimate Step-by-Step Guide

Redfin

There are several types of foreclosure sales – auctions, bank-owned properties, government-owned properties, preforeclosures, and short sales. Lenders will typically clear the title and vacate the property before selling it to you. Preforeclosure can be tricky as sometimes the properties may never be for sale.

article thumbnail

Selling a House ‘As Is’ in North Carolina

HomeLight

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. 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. Exceptions.

As-is 112
article thumbnail

How to Get a Mortgage Loan: A Step-By-Step Guide for First-Timers

HomeLight

USDA loans are only available in specific areas, usually rural regions, and there is an income cap that varies by location. Designed for veterans, active-duty military, and qualifying spouses, VA-backed loans often require no down payment. Title search. The lender will fund the loan. Hire an attorney.

Loans 98
article thumbnail

Selling a House ‘As Is’ in Massachusetts

HomeLight

.” Regarding the presence of a septic system , sellers must not only disclose if the property has a septic system but also show that the system has been inspected within two years prior to the sale and provide a copy of the inspection report (Title V Certificate) to the buyers and the governing board of health. Insulation.

As-is 111
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. described and compares to the values in the area,” explains top Los Angeles agent Keri White , who is also a home loan, title and escrow specialist.

Loans 119