Remove Closing costs Remove Pre-qualification Remove Staging
article thumbnail

Bridge Loans in Ohio: Smart Equity Use to Buy Before You Sell

HomeLight

This equity is then used to provide you with the necessary funds to make a down payment and handle closing costs on your new home in Ohio. How a bridge loan unfolds: You can use the equity from your existing house to cover the down payment and closing costs of your new home. More on loan costs below.)

Equity 111
article thumbnail

How to Get Preapproved For A Mortgage: Loan Approval Explained

Realty Biz

As such, this qualification process will only give you a rough idea of the size of mortgage you can get. The Mortgage Pre-approval Process. The first stage of the preapproval process is finding a lender to give you a good deal on your mortgage. This reduces the chances that the sale will fall apart due to financing problems.

Loans 144
Insiders

Sign Up for our Newsletter

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

article thumbnail

Selling a Home at Auction: Pros, Cons, and How to Get Started

HomeLight

The National Association of Realtors agrees that auctions can accelerate a sale, in addition to offering these key benefits for sellers: Higher visibility among pre-qualified, prepared buyers who are ready to buy. Reduction of long-term carrying costs, such as property taxes and ongoing maintenance. Assist with the contract signing.

article thumbnail

How to Apply For a First-Time Home Buyers Loan: Simplifying the Process Into 8 Doable Steps

HomeLight

Sometimes you’ll even find grants to help you with closing costs and down payments. Our America’s Home Grant program offers credits for closing costs, and Our Down Payment Grant covers down payments. Get preapproved for a loan at this stage. At this stage, you should already be preapproved. Sound great?

Loans 105
article thumbnail

Buying New Construction for the First Time? Here Are the Dos and Don’ts You’ll Need to Know Before Jumping In

HomeLight

You’re choosing from pre-set finishes and you may get to choose paint colors, types of flooring , fixture finishes, and appliance packages. These allow you to choose a few paint colors and add-ons, but you will mostly get pre-built features that the builder has already decided on. Tour the model homes. Shop around for your mortgage.

article thumbnail

Sell Your House for Cash: For Some, the Convenience Can’t Be Beat

HomeLight

Skip repairs, staging, and showings. If you’d like to connect with an agent today who’s connected to local cash buyers, HomeLight makes it easy and fast to find a top real estate agent near you with your preferred qualifications. Another 17% say the biggest driver is “don’t want to prepare or stage the home.”. Request Offer.

article thumbnail

What is an iBuyer? What to Know Before You Sell Your Home to One

Redfin

You’ll be able to forgo tasks like staging your home, upgrading your curb appeal, or scheduling any maintenance on your home. Commission costs can vary from 4.5-7% You may also be expected to pay closing costs which can range from 2-5% of the home’s sale price. 7% of the final sale price of your home.