Realty Biz

AUGUST 20, 2023

By understanding the ins and outs of mortgage pre-approval, you will be better equipped to navigate the home-buying process and make informed decisions regarding your budget and financing options. Preparing Your Finances for Mortgage Pre-approval Preparing your finances is an essential step to getting pre-approved for a mortgage.

Pre-approval 94

Pre-approval Debt-to-income ratio Mortgages Loans 94

Redfin

MARCH 3, 2022

Financing issues. Unless you’re submitting an all-cash offer, you’ll need to obtain financing to purchase your home. Clouds on the title. Before you can close the deal, you’ll need to make sure that the title is clear. Make sure the title company is ordering lien letters and ask to see them before closing.

Closing 63

Closing Title search Purchase and sale agreement Title 63

HomeLight

JANUARY 13, 2022

Financing contingencies. Buyers who purchase their homes using a mortgage typically use financing contingencies , which give them time to apply for and receive the loan needed for the deal to go through. And if you can’t get financed for the house, you won’t still be obligated to buy it — a big benefit! Title contingencies.

Backup offer 97

Backup offer Inspection contingency Purchase and sale agreement Home sale contingency 97

HomeLight

MARCH 16, 2023

Investors offer alternatives to foreclosure and bankruptcy About 60% of sellers who contact Ramcharitar are behind on their mortgage payments. While some homeowners opt for foreclosure in a distressed situation, others decide to declare bankruptcy. There’s not much difference other than a quicker timeline and an easier transaction.

Sales 93

Sales Purchase and sale agreement Earnest money deposit Investor 93

HomeLight

JULY 31, 2021

Brian Martucci , a personal finance expert for Money Crashers , says that cash buyers tend to target the types of properties and sellers that reinforce the inherent advantages of their strategy. A 10-day closing translates as getting your home sold around five times faster than with a buyer who needs financing in today’s market.

Earnest money deposit 98

Earnest money deposit Inspection Inspection contingency Title 98

HomeLight

AUGUST 10, 2022

With 15 years in the business, Diamond Equity Investments say they’ll buy houses being sold for any reason such as bankruptcy or foreclosure, in any condition — even fire damage — and that have baggage like large liens, title issues, or low equity. Title search. Cash-for-homes companies often handle title issues.

Closing costs 97

Closing costs Purchase and sale agreement Closing Staging 97

HomeLight

AUGUST 10, 2022

The company states that they regularly provide solutions for sellers in a pending foreclosure or facing bankruptcy and will buy houses in any condition, even requiring complete renovations. Title search. Cash-for-homes companies often handle title issues. Must clear title before you can sell home. Agent commission.

Purchase and sale agreement 97

Purchase and sale agreement Closing costs Closing Inspection 97

HomeLight

JULY 28, 2022

The owners, who have lived through a home fire and bankruptcy both, understand difficult situations and place their focus on people helped over properties turned. Title search. Cash-for-homes companies often handle title issues. Must clear title before you can sell home. Financing contingency. average.

Closing costs 96

Closing costs Purchase and sale agreement Closing Staging 96

HomeLight

JANUARY 25, 2023

In addition to providing cash-for-homes options, it also runs a broader homebuilding, financing, and real estate operation. The company also highlights that they work to help people avoid common problems through their home sale, including foreclosures, credit issues, and bankruptcy. Easy Homes 123 Website: easyhomes123.com/we-buy-houses-lakeland

Purchase and sale agreement 97

Purchase and sale agreement Closing costs Closing Sales 97