Remove Development Remove Inspection contingency Remove Title
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A homebuyer’s personal story from the post-Sitzer, post-settlement world

Housing Wire

In writing both offers, Angela and I made sure to fully disclose how I was expecting her to get paid , as well as all of my requests, including a home inspection contingency clause. I grew up in an 1850s farmhouse and was not going to skip an inspection or an appraisal contingency.

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Your Ultimate Guide to Buying a Home in Connecticut in 14 Steps

HomeLight

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% Order a title search. down, by way of a low interest (3.0%) second mortgage for up to 25% of the home’s purchase price.

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Buying Foreclosed Homes for Dummies in 11 Steps Even You (Yes, You!) Can Do

HomeLight

Department of Housing and Urban Development (HUD) maintains a list of its foreclosure homes. Your agent will help you write up a bid or offer and advise you on contingencies to include. But if the inspection turns up anything gnarly, with an inspection contingency, you can walk away from the sale. Absolutely.

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How to Buy a House in San Diego: 14 Steps to Close the Sale

HomeLight

Department of Housing and Urban Development (HUD) website to find the FHA loan limit in the county where you’re shopping for a home. While it is not always recommended to completely waive contingencies to impress a seller, you might consider pairing down to just the inspection contingency and financing contingency to remain competitive.

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How to Buy a House in the Bay Area: 14 Steps to Close the Sale

HomeLight

City Second Loan Program (CSLP) : Offering deferred down payment loans of up to $375,000 to qualified buyers, CSLP is part of the Mayor’s Office of Housing and Community Development’s Homebuyer Assistance Programs (MOHCD). Hayward: Buyers looking to get in on a developing neighborhood with lower prices will find that Hayward fits the bill.

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Do the Due: A Complete Due Diligence Guide and Checklist for Homebuyers

HomeLight

From area research to title research, we’ll walk you through the process — and provide you with a printable checklist as well. Future developments: Research any commercial land purchases or leases in the area and see how they fit in with your desires. Get yourself some title insurance. Free Homebuying Due Diligence Checklist.

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Are There Disadvantages to the Seller Paying the Buyer’s Closing Costs?

HomeLight

Lender’s title insurance. Property inspections. Owner’s title insurance policy premium and fees. For example, according to Fidelity National Title Insurance Company, Arkansas sellers customarily pay for the owner’s title insurance policy premium, while the buyer usually pays for the recording fees. Appraisal fee.