HomeLight

OCTOBER 29, 2021

The average time to close a loan was 48 days in July 2021 , according to ICE Mortgage Technology, a company that produces mortgage management technology. Average time decreased from earlier in the year, when the market was extremely hot. In January 2021, the average time to close was 58 days.

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Closing Inspection Title Due diligence 111

HomeLight

MAY 28, 2021

When you see the term “sold as-is” on a listing or marketing material, that means the seller is telling you upfront they are selling the property in the exact condition you see it in. An inspection can tell you upfront the exact issues with the house so you know what money you might have to spend down the line. USDA loans.

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As-is Inspection Title search Inspection contingency 100

HomeLight

DECEMBER 29, 2021

FHA and VA loans have additional requirements an appraiser must evaluate, most of which relate to safety and soundness. You can’t always avoid [a low appraisal],” says Megan Walters , a top-rated agent who sells homes 40% faster than the average agent in her Columbia, Missouri, market. Are low appraisals common?

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Purchase and sale agreement VA loan Loans Agents 111

HomeLight

SEPTEMBER 1, 2022

For example, in Alachua County, FL, the maximum loan amount is $420,680 for a single-family home, while in Monroe County, FL the loan limit is $710,700. Find the FHA loan limit for homes in the county you are looking to purchase in here. VA loans : For veterans, service members, and surviving spouses. Maria Raymer.

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Earnest money deposit FHA loan Title Purchase and sale agreement 106

HomeLight

MARCH 13, 2023

Perhaps your Metro West resort-style condo isn’t bringing in the revenue you expected as a vacation rental and you don’t want to invest more money to list it on the market. Expanding population and job market fuel rental growth Greater Orlando’s population of 2.67 Need to Sell Your House Fast in Orlando? million people by 2030.

Sales 98

Sales Investor Due diligence Renovation 98

HomeLight

OCTOBER 29, 2021

Let’s be honest: 2020 (and the bulk of 2021) have been pretty intense for all of us, and in many regions, the real estate market seems to reflect that stress. Take a look at these tips and insight into finding your way to homeownership as a first time buyer , as well as some things that you really shouldn’t do in today’s market.

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Inspection Loans VA loan Title 98