HomeLight

SEPTEMBER 1, 2022

SmartMove Connecticut : Connecticut’s Housing Development Fund (HDF) SmartMove program allows first-time homebuyers the opportunity to purchase a home with as little as 1.0% An FHA loan is insured by the Federal Housing Administration and available from FHA-approved lenders. down payment. 500-579 = 10% down payment.

Earnest money deposit 111

Earnest money deposit FHA loan Purchase and sale agreement Inspection 111

Redfin

MARCH 4, 2025

Government-owned properties Some mortgages are government-backed, like VA loans and FHA loans. If a buyer with a government-backed loan goes into foreclosure, the government will take control of the property. Department of Housing and Urban Development (HUD) website. Can you buy a foreclosure with an FHA loan?

Pre-approval 34

Pre-approval FHA loan Short sale Banks 34

HomeLight

MARCH 2, 2023

Non-conforming loans are for borrowers who do not fit into the guidelines set by Fannie and Freddie and are not eligible to be purchased by them — jumbo loans are an example of this because they offer loan amounts above the limits set by Fannie and Freddie. Visit this link on the U.S.

Closing 118

Closing Earnest money deposit Sales Inspection 118

HomeLight

MARCH 6, 2023

Non-conforming loans are for borrowers who do not fit into the guidelines set by Fannie and Freddie and are not eligible to be purchased by them — jumbo loans are an example of this because they offer loan amounts above the limits set by Fannie and Freddie. Negotiate repairs Remember that everything is negotiable.

Earnest money deposit 110

Earnest money deposit Closing Sales Title 110

HomeLight

MAY 28, 2021

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. It’s also wise to add an inspection contingency in your purchase contract , so if the inspection shows more repairs than you expected, you can walk away.

As-is 100

As-is Inspection Title search Inspection contingency 100

HomeLight

DECEMBER 23, 2021

Most cities and municipalities adopt a set of universal building codes for residential construction that are developed and updated by the International Code Council (ICC), collectively referred to as the International Residential Code (IRC). According to both Barker and Davis, the home inspection is when most code violations are discovered.

Inspection 111

Inspection Title Renovation Inspection contingency 111

HomeLight

DECEMBER 29, 2023

Condominium, Co-op, or shared cost development. If a buyer requests further deductions to the price based on their inspection, you may be able to point to how the estimated cost of certain repairs was already baked into the list price. I’ll give an inspection contingency, that’s it. Roads, streets, and alleys.

As-is 110

As-is Inspection Finance Loans 110