The Close

NOVEMBER 12, 2024

Check out zoning laws, future developments, and what the locals say. Inspect the land: Take a stroll on the property—bring your favorite boots. Owning some land is appealing since it’s usually low-maintenance and cheaper than those fancy developed properties. Do your homework: Research the area like a detective.

Land 98

Land Investor Finance Development 98

RIS Media

APRIL 11, 2022

Help with lending pre-approval. To help make the process as seamless as possible, connect your client with a lender and secure mortgage pre-approval before flipping through hundreds of listings. Manage the inspection. This will guide your property search within the bounds of their budget and home-buying goals.

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Pre-approval Inspection Lending Staging 98

Redfin

MARCH 4, 2025

That means there’s no home inspection or appraisal. If the auction accepts financing, make sure you have a pre-approval ready. Department of Housing and Urban Development (HUD) website. Short sales A short sale is not the same as a foreclosure or a pre-foreclosure.

Pre-approval 35

Pre-approval FHA loan Short sale Banks 35

Realty Biz

FEBRUARY 28, 2023

Being prepared for some of the most common pitfalls can make it easier to plan ahead and develop a strategy to avoid them. Not getting a mortgage pre-approval Another common mistake among home buyers is shopping for a home before getting mortgage approval.

Pre-approval 95

Pre-approval Mortgages Closing costs Loans 95

Toronto Realty Blog

SEPTEMBER 19, 2022

I have been perhaps the harshest critic of the pre-construction condominium industry in Ontario over the past two decades. Some of you, reading this, have made money in pre-construction. I think I grew so disenfranchised with writing about the perils of pre-con that I finally stopped. I have no doubt about that.

Construction 98

Construction Industrial Purchase and sale agreement Pre-approval 98

Easy Agent Pro

AUGUST 27, 2023

Submit Encourage Clients To Get Their Pre-Approval Letter Real estate agents can help summer buyers by encouraging them to get pre-approval letters. Without a pre-approval letter, there is no way to know the budget that clients are working with. This is often a very fun time for both agents and clients.

Pre-approval 95

Pre-approval Staging Inspection Agents 95

The Close

SEPTEMBER 10, 2020

The motivation of this first strategy is to gain clarity on the seller’s wants and needs, and also to develop rapport with the listing agent. Make Sure You Have a Proper Approval Letter From a Reputable Lender. Include an As-is Home Inspection Contingency. You guessed it: the home inspection. CALL the Listing Agent.

Home sale contingency 116

Home sale contingency Pre-approval Earnest money deposit Marketing 116

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

JUNE 28, 2021

Department of Housing and Urban Development , a government agency first created by President Lyndon B. HUD’s Office of Housing also includes the Federal Housing Administration (FHA), an agency that insures mortgage loans issued by FHA-approved lenders to protect against losses if a borrower defaults on a loan. Johnson in 1965.

Pre-approval 105

Pre-approval Pre-qualification FHA loan Inspection 105

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 43

Debt-to-income ratio Backup offer Finance Pre-approval 43

Redfin

JULY 16, 2024

This guide will walk you through each phase of the mortgage loan process, from pre-approval to post-closing, with examples to illustrate key points. Step 4: Get pre-approved Submit pre-approval applications: Apply to multiple lenders to get pre-approved. Be prepared for negotiations.

Loans 69

Loans Pre-approval Earnest money deposit Mortgages 69

Toronto Realty Blog

AUGUST 29, 2022

From the article: British Columbia has announced a mandatory three-day period to allow homebuyers time to arrange an inspection and take other important steps like securing financing in the province’s high-pressure real estate market. Announces 3-Day Cooling Period For Home Sales To Reduce Risk To Buyers” July 21st, 2022.

Inspection 98

Inspection Purchase and sale agreement Pre-approval Finance 98

HomeLight

MARCH 30, 2021

Some people just focus on a home inspection and that’s not enough. Future developments: Research any commercial land purchases or leases in the area and see how they fit in with your desires. 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.

Due diligence 105

Due diligence Inspection Title Pre-approval 105

Realtor.com

DECEMBER 17, 2020

Remote mortgage pre-approvals, inspections, appraisals, and even closings are becoming the norm. And once you’ve developed those skills, you’re less likely to reach for the phone when you have something that needs fixing. Buyers expect more from their homes.

Pre-approval 144

Pre-approval Technology Closing Inspection 144

HomeLight

SEPTEMBER 15, 2021

Pre-listing inspection report. Home inspection report. A new contract can be signed without the old contract, and the new buyer will conduct new inspections and obtain a new title insurance policy.”. Give buyers time to conduct a lead inspection. Pre-listing inspection report. Proposed marketing plan.

Purchase and sale agreement 116

Purchase and sale agreement Inspection Title Pre-approval 116

Redfin

AUGUST 21, 2020

First, you’ll need a lender’s pre-approval for a mortgage to know the price range you can afford on a house. A real estate agent has developed good strategies to learn more about what might be going on with a seller, so try and find out why they are selling and how quickly they’re looking to move.

Pre-approval 78

Pre-approval Purchase and sale agreement Inspection Title 78

HomeLight

AUGUST 25, 2020

The overarching question, as you make your way down your pre-sale checklist , is likely something along the lines of: “How long is this going to take?”. Below are just some of the typical pre-listing preparations that Shapiro calls out as essential: Reduce clutter. Get a pre-listing inspection. Get the price right.

Closing 122

Closing Pre-approval Inspection Days on market 122

Windemere Buying

MARCH 29, 2023

New construction homes are kick-started from two primary sources: the homeowners themselves and developers. This tailored approach comes at a price; building a custom home generally costs more than purchasing a new build from a developer.

New Construction 87

New Construction Construction Pre-approval Land 87

HomeLight

AUGUST 31, 2021

The exact steps vary from state to state, but let’s take a general look : Pre-foreclosure: As the name implies, a pre-foreclosure isn’t in foreclosure yet, but it’s on the way there. Usually, a home goes into pre-foreclosure after several consecutive months of missed mortgage payments, and the lender issues a notice of default.

Pre-approval 111

Pre-approval Short sale Banks Finance 111

HomeLight

SEPTEMBER 30, 2020

The name comes from the US Department of Housing and Urban Development (HUD). Buyers with lower credit scores or lower down payments can sometimes get an FHA loan even if they can’t get approved for a conventional loan. HUD-approved housing counseling agencies provide advice on the process and can help you explore financing options.

Earnest money deposit 98

Earnest money deposit FHA loan Pre-approval Finance 98

HomeLight

FEBRUARY 28, 2021

According to the Vision Next: 25 by 2025 , El Paso is on a mission to develop a vibrant regional economy and safe, beautiful neighborhoods with exceptional recreation, while promoting cultural and educational opportunities. These numbers will help immensely as you start the process of getting pre-approved for a mortgage.

Inspection 102

Inspection Pre-approval As-is Agents 102

Lab Coat Agents

FEBRUARY 7, 2023

Other programs include the Veterans Affairs (VA) loan program, the United States Department of Agriculture (USDA) Rural Development program, and the Good Neighbor Next Door (GNND) program. Skipping the Home Inspection – A professional home inspection can reveal potential problems with a home that you may not be able to see yourself.

FHA loan 96

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

HomeLight

OCTOBER 27, 2021

From the neighborhood to the school district to who built the house and the development, this is your opportunity to dig into your new digs and make sure it’s right for you. Step 9: Get an inspection. With a preforeclosure “you can definitely ask for an inspection,” Piwowarski says. (These often require paid access.).

Purchase and sale agreement 110

Purchase and sale agreement Inspection Homeowner’s association Title 110

HomeLight

MARCH 6, 2023

A home inspection and a home appraisal both happen after an offer has been made and accepted. Think of it this way — the home inspection is for you, the home appraisal is for the bank. They won’t do a full home inspection , but they will look for obvious issues like a cracked foundation, missing roof shingles, and water damage.

Pre-approval 87

Pre-approval Banks Loans Inspection 87

Realty Biz

FEBRUARY 16, 2024

You need to finish a state-approved pre-licensing real estate course. In addition, the state can request to attend approved real estate courses every few years. Complete a pre-licensing education (varies from state to state but usually lasts around 135 hours) and pass a state licensing exam. Now comes the real challenge!

Pre-qualification 86

Pre-qualification Pre-approval Property Management Residential 86

HomeLight

MARCH 2, 2023

Closing costs in California average about 1% of the home’s sale price , and there are other pre-paid costs you might have as well. CalHFA works through approved lenders, and buyers apply for the program through their loan officer. Loans are between 3%-3.5% Visit this link on the U.S.

Closing 118

Closing Earnest money deposit Sales Inspection 118

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

HomeLight

AUGUST 31, 2021

Only lenders that have been approved by the FHA can offer 203(k) loans. All repairs must be planned, specified, and approved in advance. The house must be a single-family home or condo, or a two- to four-unit multifamily property or manufactured home, although mixed-use properties with limited commercial use may be approved.

Loans 104

Loans FHA loan Pre-approval Finance 104

HomeLight

MARCH 6, 2023

Closing costs in California average about 1% of the home’s sale price , and there are other pre-paid costs to consider as well. CalHFA works through approved lenders, and buyers apply for the program through their loan officer. During this time, review your credit score and determine if it’s considered excellent, good, fair, or poor.

Earnest money deposit 110

Earnest money deposit Closing Sales Title 110

HomeLight

MARCH 17, 2021

And buyers also need to have funds available for earnest money, inspection costs, and other upfront fees. Pre-qualification is just an estimate of what size loan you might qualify for. With a pre-approval, you typically submit your financial paperwork with your initial mortgage application, and the lender will verify the information.

Pre-approval 98

Pre-approval Purchase and sale agreement Title Closing 98

Realty Biz

AUGUST 29, 2023

Expect the builder to require you to be pre-approved for a mortgage before signing the contract. Delays can occur if decision-making processes are prolonged, so stay engaged and provide timely approvals when needed. Regular site inspections: Arrange regular examinations to monitor the construction progress.

Construction 92

Construction Inspection Design Land 92

Real Trends

JANUARY 3, 2025

Pre-Screen and Vet Your Clients Realtor safety begins long before youre at a property with a new client. Before agreeing to meet with a client, make sure to pre-screen them by asking detailed questions over the phone or email, such as: What specific features in a home are you looking for? Have you been pre-approved for a mortgage?

Agents 86

Agents Pre-approval Technology Inspection 86

HomeLight

FEBRUARY 8, 2021

The city is laced with a network of hiking trails and parks that surround high-quality schools and planned mid-century developments. Certain homes in California are subject to a Mello-Roos tax , which is a special tax that allows a district to finance a new development or make improvements to existing infrastructure.

Pre-approval 105

Pre-approval New Construction Agents Development 105

RIS Media

MAY 4, 2022

I made that my focus, and now I lead the development of our brand social campaigns. I then work with our creative team, helping brainstorm and ultimately approve those concepts. BH: Right now, TikTok is the leading platform for trend development and innovation. BH: Pre-planning sessions and calendars are your best friends.

Branding 98

Branding Commercial Pre-approval Development 98

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.”. Local agents also know the housing stock in the area — including which builders built which local developments, the common issues in their homes over time, or the most desirable new areas.

Inspection 98

Inspection Title Agents Pre-approval 98

HomeLight

SEPTEMBER 15, 2022

Experienced investors and developers are often present at these trade-offs, making it easier to deal with problem properties,” he says. Your home will be visible to pre-qualified, serious buyers. The sale is not contingent on an appraisal or inspection. Ensure that all bidders go through the pre-qualification process.

Pre-qualification 110

Pre-qualification Pre-approval Investor Sales 110

HomeLight

MARCH 13, 2023

Speed: One of the biggest benefits is a fast sale, as cash buyers are able to close the transaction quickly without the delays often associated with traditional home sales, such as waiting for financing approval or appraisal. Although there are no required disclosures because the property is being sold as-is, there is an inspection period.

Sales 105

Sales Purchase and sale agreement Inspection Due diligence 105