Housing Wire

APRIL 22, 2024

With Wise Pelican, you can try both — it’s a fantastic resource for beautifully designed postcards and letters. I’d be happy to email you a copy of their pre-approval letter. Perhaps they don’t receive strong enough offers or struggle to address issues that arise at home inspection.

Brokerage 467

Brokerage Investor Agents Pre-approval 467

Marco Santarelli

MARCH 22, 2025

Remember the days of rocketing prices, houses selling within hours of being listed, and having to waive inspections just to stand a chance? Heres my advice: Get your finances in order: Understand your budget, get pre-approved for a mortgage, and know what you can realistically afford. It was wild! But things are changing.

Marketing 92

Marketing Due diligence Pre-approval Inspection 92

Marco Santarelli

MARCH 20, 2025

As per reports, the East Coast markets have not yet recovered to pre-pandemic levels, which keeps the market pace snappy. If you're thinking about buying or selling in one of these hot markets, here's what you need to know: For Buyers: Get Pre-Approved: Having a pre-approval letter in hand shows sellers that you're a serious buyer.

Pre-approval 52

Pre-approval New Construction Marketing Inspection 52

Redfin

MARCH 4, 2025

Step 1: Get pre-approved If you’re buying with a loan, include a pre-approval letter with your offer. A mortgage pre-approval can also reassure the letter that your financing is likely to be approved during closing. Combine inspections. Do some homework up front.

Pre-approval 31

Pre-approval Inspection contingency Agents Inspection 31

HomeLight

JULY 30, 2024

Reverse mortgages are designed to help retirees with limited income use the accumulated wealth in their homes to cover basic living expenses and healthcare costs. Apply for the loan: Work with an FHA-approved lender to complete your reverse mortgage application and obtain pre-approval. How does a reverse mortgage work?

Mortgages 115

Mortgages Pre-approval Equity Loans 115

HomeLight

JULY 25, 2022

While they typically report to people on the other side of the transaction, the appraisal and inspection report generated by these professionals can impact your bottom line. In the December 2021 survey, 19% of buyers waived the inspection contract contingency, down from its height of 27% in July 2021. Request Estimate.

Inspection 111

Inspection Pre-approval Loans Finance 111

RIS Media

FEBRUARY 18, 2021

Your buyers even may have obtained pre-approval from a lender. According to the Chimney Safety Institute of America (CSIA) , the National Fire Protection Association (NFPA) Standard 211 says, “Chimneys, fireplaces and vents shall be inspected at least once a year for soundness, freedom from deposits and correct clearances.

Pre-approval 111

Pre-approval Inspection Closing costs Design 111

Realty Biz

APRIL 11, 2021

With that in mind, many market experts recommend seeking loan pre-approval before beginning your property search. This involves two main activities, researching and inspecting. You can then schedule an inspection to see whether these properties actually meet your requirements.

Pre-approval 110

Pre-approval Inspection Sales Loans 110

The Close

NOVEMBER 12, 2024

Inspect the land: Take a stroll on the property—bring your favorite boots. Zoning & Potential Zoning Issues Every piece of land has a zoning designation specifying how to use the property. Step 5: Get a Pre-approval & Arrange Financing Many folks are curious about how to buy land without dropping a ton of cash.

Land 98

Land Investor Finance Development 98

Realtor.com

JANUARY 2, 2023

“It’s true, on the average, that new homes of similar sizes historically outprice pre-owned by about 16%,” says Stephen Haines , president of Artisan Built Communities. “Depending on the age of the pre-owned homes, one should understand the remaining life expectancy of these components,” says Haines.

New Construction 105

New Construction Construction Pre-approval Inspection 105

HomeLight

DECEMBER 27, 2021

By following these pre-listing suggestions step by step, you can achieve a smoother and more profitable home-selling experience. Follow a home inspection/appraisal checklist. Some repairs may be necessary in order to pass the home appraisal and/or home inspection. A home inspection is a requirement for many mortgage loans.

Pre-approval 116

Pre-approval Inspection Staging Renovation 116

HomeLight

MARCH 30, 2021

Some people just focus on a home inspection and that’s not enough. Pre-approval letters are usually good for 60 to 90 days, so don’t enter this stage until you’re serious about your home search. It’s in your best interest to shop around for good mortgage rates and terms prior to getting pre-approved.

Due diligence 105

Due diligence Inspection Title Pre-approval 105

Realty Biz

AUGUST 29, 2023

From selecting the right builder to planning for the future, designing your custom home, managing your budget, overcoming challenges, and being involved in the building process, we've got you covered. Explore various home designs and styles to find inspiration and identify elements that resonate with your preferences.

Construction 92

Construction Inspection Design Land 92

HomeLight

JULY 7, 2023

Cutting-edge platforms such as HomeLight’s Simple Sale are designed to connect Georgia homeowners with a network of pre-approved, cash buyers, helping to expedite the selling process and providing a swift home sale. The Simple Sale platform is designed to accommodate your schedule.

Pre-approval 94

Pre-approval Sales Inspection Design 94

HomeLight

FEBRUARY 28, 2021

These numbers will help immensely as you start the process of getting pre-approved for a mortgage. There are also additional expenses to consider, including taxes, home insurance, home maintenance, and inspection costs. Home inspections. In addition to a standard home inspection, don’t forget the termite inspection.

Inspection 102

Inspection Pre-approval As-is Agents 102

Realty Biz

JULY 1, 2023

Providing documentation of pre-approval - Providing proof of pre-approval from a lender will show that they're ready and willing to lend money when needed during escrow. The buyer may need to complete a satisfactory home inspection, secure mortgage financing, or sell their existing property within a specified timeframe.

Purchase and sale agreement 77

Purchase and sale agreement Earnest money deposit Title search Pre-approval 77

Redfin

MARCH 5, 2025

A mortgage pre-approval can give you a clearer picture of your financial standing and help you secure a deal faster. It’s essential to conduct thorough inspections and obtain contractor estimates to ensure the investment aligns with your budget. The 28/36 rule is a common mortgage budgeting guideline.

Debt-to-income ratio 39

Debt-to-income ratio Backup offer Finance Pre-approval 39

Lab Coat Agents

FEBRUARY 7, 2023

Skipping the Home Inspection – A professional home inspection can reveal potential problems with a home that you may not be able to see yourself. zBuyer is a turn-key marketing platform designed for real estate professionals. This can help you avoid buying a home that needs expensive repairs. Happy house hunting.

FHA loan 96

FHA loan VA loan Pre-approval Fixed-rate mortgage 96

HomeLight

MAY 19, 2022

If the home is part of a designated historic district. These are any problems the purchaser wouldn’t be able to discover for themselves during a visual inspection, as well as anything that would pose a health or safety hazard. Consider a pre-listing inspection. Home location considerations.

As-is 119

As-is Inspection Investor Closing costs 119

Realty Biz

NOVEMBER 11, 2020

You need to keep your regular needs in mind while designing your house, like how many rooms it will have depends on how many people will be living in it. You can take the services of a realtor who can manage a pre-inspection. This is the time to let the creative side of you flourish. This will assure a good deal.

Pre-approval 92

Pre-approval Inspection Loans Finance 92

Windemere Buying

MARCH 29, 2023

They bear a strong resemblance to each other but may offer customizable floor plan and design options to tailor the home to the buyer’s liking. You’ll get pre-approved for a mortgage early on and form a saving strategy for how to make a down payment. Tract homes make up new neighborhoods on land bought by the builder.

New Construction 87

New Construction Construction Pre-approval Land 87

HomeLight

AUGUST 20, 2021

Typically within a week after you’ve had the house inspected, you’ll most likely have to endure a home appraisal , a professional assessment of your home’s value. Design and appeal can offset actual age.” Ford shares an example: “In California, pre-1978 and pre-1992 housing were of lower quality.

FHA loan 105

FHA loan Inspection Pre-approval Loans 105

The Close

FEBRUARY 14, 2024

Myth #5: Buyers Prefer an ‘HGTV Style’ Home Remodel HGTV brought a lot of great things to homes—interior design on a budget, a newfound love for historic homes, and, of course, the dreaded open floor plan. I was new and didn’t know this, but their pre-approval was with an online lender with a less-than-stellar reputation.

Pre-approval 98

Pre-approval Earnest money deposit MLS Renovation 98

HomeLight

AUGUST 31, 2021

The Section 203(k) program, by contrast, is specifically designed to provide funds to both buy and renovate, upgrade, and repair a home. Only lenders that have been approved by the FHA can offer 203(k) loans. All repairs must be planned, specified, and approved in advance. What’s a 203(k) loan?

Loans 104

Loans FHA loan Pre-approval Finance 104

HomeLight

JUNE 30, 2021

Some states require only 40 hours of pre-licensing classes, while others may require more than 200 hours, for example. We’re bound by a certain code of ethics that really governs everything that we do and is designed to protect our clients and to put our clients first.”. Inspection contingency. Financing contingency.

Purchase and sale agreement 98

Purchase and sale agreement Inspection contingency Home sale contingency Inspection 98

Rent, Buy & Sell

FEBRUARY 1, 2021

The following pre-sale home renovations typically protect or increase a home’s value regardless of whether a real estate market is up or down. Pre-Sale Home Renovations That Add Value. Check with your local electric company to inquire about a free energy audit inspection. Replacing a roof in need of repair. Closing CTA.

Pre-approval 95

Pre-approval Renovation Sales Inspection 95

HomeLight

NOVEMBER 10, 2021

After you submit your documentation, you’ll know what kind of budget you have to work with, or your approval “ceiling.”. When it’s time for the inspection, they’ll reassure you that a damp basement is normal for the town, or tell you to get it checked out by a professional. Step 9: Order an inspection.

Inspection 98

Inspection Title Agents Pre-approval 98

HomeLight

JULY 7, 2023

Pre-foreclosure: If you are facing foreclosure , selling your house fast can help you avoid damaging your credit score and financial reputation. The Simple Sale platform is designed to accommodate your schedule. Once accepted, you can close the deal quickly since there are no mortgage approvals or inspections to wait for.

Pre-approval 97

Pre-approval Bankruptcy Sales Inspection 97

HomeLight

JANUARY 3, 2023

FSBO sellers in Colorado may consider getting a home inspection prior to listing their home for sale. However, be aware that if you get a pre-listing inspection, you will be required to share relevant findings with buyers and how you did or did not address them. Get a pre-listing appraisal. Closing date. Earnest money.

Purchase and sale agreement 115

Purchase and sale agreement Inspection Inspection contingency MLS 115

Easy Agent Pro

SEPTEMBER 4, 2021

Pre-internet meant receiving the courses via snail mail or spending time at a local real estate school or association of REALTORS®. An agent in Iowa must complete “… 36 hours of approved programs, courses or activities.” Lucky is the modern agent who gets to go online to brush up on (and be tested on) contracts, agency and ethics.

Pre-approval 124

Pre-approval Agents Inspection As-is 124

HomeLight

SEPTEMBER 15, 2022

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. Your home will be visible to pre-qualified, serious buyers. The sale is not contingent on an appraisal or inspection.

Pre-qualification 110

Pre-qualification Pre-approval Investor Sales 110

Easy Agent Pro

NOVEMBER 12, 2021

Is this a buyer who is dragging his/her feet getting pre-approved for a mortgage? In the meantime, you have new homeowners in your sphere that are seeking information on trends in home furnishings and design, essential home maintenance tasks and how to find the best plumber. . How the home inspection works .

Staging 116

Staging Pre-approval Title search Agents 116

HomeLight

JANUARY 29, 2021

Pros: You can sometimes avoid home inspection delays. Inspection issues account for 16% of closing delays , according to the National Association of Realtors. If you sell your home as-is to a cash buyer, they may not require you to complete repairs the home inspection deems necessary. You’ll be designing it yourself.

Inspection 90

Inspection MLS Staging Agents 90

HomeLight

MAY 28, 2021

Increasing your down payment , upping the earnest money , and obtaining pre-approval from a local lender can also improve your offer. Myrtle Beach is also a FEMA-designated flood hazard area. That’s why a thorough home inspection by a reputable company is important to identify potential problems that come with coastal living.

Inspection 93

Inspection Seller concession Pre-approval Agents 93

Redfin

MARCH 5, 2025

A mortgage pre-approval can give you a clearer picture of your financial standing and help you secure a deal faster. It’s essential to conduct thorough inspections and obtain contractor estimates to ensure the investment aligns with your budget. The 28/36 rule is a common mortgage budgeting guideline.

Debt-to-income ratio 35

Debt-to-income ratio Backup offer Finance Pre-approval 35

HomeLight

AUGUST 16, 2021

The higher your score, the more likely you’ll be approved for a mortgage, and the better rate you’ll be offered. Grab your free annual credit report for all three credit bureaus (Experian, TransUnion, and Equifax) from government-approved site AnnualCreditReport.com. Apply for a pre-approval with your top choice lenders.

Closing costs 105

Closing costs Purchase and sale agreement Inspection Loans 105

HomeLight

OCTOBER 20, 2022

Pre-listing inspection, if desired or needed: $279 to $400. Some common seller concessions or buyer incentives in Austin might be: Home inspection fees: $300 to $500. Sellers in Austin are required to complete one of the approved disclosure forms. Home inspection results. Paint for interior spaces: $1.10

Seller concession 110

Seller concession Purchase and sale agreement Closing costs Inspection 110