Remove Bankruptcy Remove Closing costs Remove Purchase and sale agreement
article thumbnail

How Long Does It Take to Close On a House With Cash in 2022? Here’s Your Timeline

HomeLight

If you only pay cash for the down payment, and take out a mortgage for the remainder of the purchase price, it keeps more money in your pocket. He estimates that on a $200,000 house, you could save between $5,000 and $6,000 in closing costs. A cash sale: Start to finish. Despite this, there are benefits to a cash offer.

article thumbnail

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. Receive your offer within a week and close in as little as 10 days.

Sales 93
Insiders

Sign Up for our Newsletter

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

article thumbnail

The Ultimate Mortgage Loan Documents Checklist For First-Time Homebuyers

HomeLight

As Richie Helali , mortgage sales leader at HomeLight Loans explains “You have to actually report the income. They will also consider your current and previous debts that resulted in foreclosures or bankruptcies. Bankruptcy paperwork. Closing costs. Closing Disclosure. Estimated tax and insurance costs.

Loans 105
article thumbnail

What Does Clear to Close Mean, And How Much Longer Before I’m a Homeowner?

HomeLight

Bankruptcy documents. What happens before the clear to close? According to Ellie Mae’s Origination Insight Report for 2019 , the average closing takes about 47 days from start to finish. During those weeks prior to getting the green light and being clear to close, there are quite a few things that need to happen first.

Closing 97
article thumbnail

Selling a House ‘As Is’ in North Carolina

HomeLight

HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. Skip repairs and close in as few as 10 days. Median sales price in North Carolina. “As is” is a type of home sale where it’s understood that no improvements will be made to the property. Request Cash Offer.

As-is 112
article thumbnail

Should I Get an Online Quote to Sell My House?

HomeLight

If you are thinking about selling your home, those low-hassle, convenient, fast-sale pitches may pique your interest. You may be curious about getting an online quote for the sale of your home. These buyers will provide an online quote to purchase your home—often sight-unseen. Like you, they thought there had to be a catch.

article thumbnail

Ready to Apply For a Loan? You’ll Need This List of Mortgage Documents

HomeLight

If you have a job where you get a predictable salary, and you don’t have any blemishes on your credit, the list of mortgage documents is relatively short, according to Richie Helali, mortgage sales leader at HomeLight Home Loans. Bankruptcy discharge papers. Proof of assets, such as bank statements or investment account statements.

Loans 98