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Think The Cash Closing Process Is Always Fast? 11 Delays Buyers Should Watch Out For

HomeLight

A cash deal can close in as little as 7 days, while financed home purchases tend to take an average of 45 days to close. And if you add a home sale contingency into the mix (that is, if you need to sell your current home before you can buy a new one), closing the deal can take even longer. The title isn’t clear. Not always!

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Can you explain the escrow and title processes to your buyers and sellers?

Easy Agent Pro

In real estate, the purchase agreement serves as the escrow instructions. Close of escrow” refers to the fulfillment of the instructions (funds disbursed, title transferred etc.). And title insurance? Learn everything you can about title searches by visiting rocketmortgage.com , homelight.com and bankrate.com.

Title 122
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10 Things to Know About the ‘Sale Pending’ Phase, aka House Closing Limbo

HomeLight

You can put so much effort into prepping your house for sale that you forget what happens after you receive an offer. Putting your John Hancock on a home sale contract might feel like the completion of a major financial deal, but it’s actually just the beginning of the home sale process. What does “sale pending” mean?

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Assumable Mortgages: What to Know Before Taking Over a Home Loan

Redfin

When it comes to buying a home, most buyers are familiar with securing a brand-new mortgage. Instead of applying for a new home loan with todays mortgage rates and terms, the buyer steps into the seller’s position as the borrower and continues making payments under the original loan agreement.

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7 of the Top We Buy Houses for Cash Companies in Jacksonville, Florida

HomeLight

Maybe you need a no-hassle sale of an inherited home in sore need of repairs, or you need cash urgently for unexpected medical bills. Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. They usually present a take-it-or-leave-it sale price.

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7 of the Top We Buy Houses for Cash Companies in Davenport, Florida

HomeLight

Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. They usually present a take-it-or-leave-it sale price. If you accept the offer, you’ll both sign a sales contract. With a signed sales agreement, the closing process will begin.

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6 of the Top We Buy Houses for Cash Companies in Sarasota, Florida

HomeLight

Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. They usually present a take-it-or-leave-it sale price. If you accept the offer, you’ll both sign a sales contract. With a signed sales agreement, the closing process will begin. The company also has a 4.9-star