HomeLight

JUNE 24, 2024

For those not involved in real estate investment but needing to bridge the gap between buying and selling a home, this guide also offers alternatives to help you leverage your home’s equity. You can then make a strong offer on your next home with no home sale contingency.

Finance 97

Finance Hard money loan Home sale contingency Loans 97

HomeLight

JUNE 24, 2024

Unlike traditional loans, hard money loans are often favored by investors with tight timelines, limited initial capital, or unique credit challenges. Start Making Offers Without Waiting to Sell Your Home Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home.

Hard money loan 52

Hard money loan Home sale contingency Loans Lending 52

HomeLight

MAY 8, 2024

If you’re not a professional investor but looking for a solution to bridge the buy-sell timing gap , we’ll also share an innovative way to tap into your home’s equity, allowing you to buy before you sell. Here’s what you need to know to determine if these types of loans align with your investment and home-buying goals.

Hard money loan 111

Hard money loan Loans Home sale contingency Finance 111

Real Trends

JUNE 8, 2022

Ribbon also says it will waive mortgage, appraisal and home sale contingencies. Home prices across Ohio were up 11.7% year over year in February while the number of homes sold grew 1%, and the number of homes for sale fell 26.1%, according to Redfin. Home prices across Ohio were up 11.7%

Home sale contingency 71

Home sale contingency Staging Equity Investor 71

HomeLight

JANUARY 3, 2023

Year-over-year, monthly sales in the Phoenix metro area were down nearly 25%. Often, the decision to go for sale by owner (or, “FSBO”) is motivated by a desire to save on agent commissions. Once you’ve seen what’s required, you can roll up your sleeves and get started with your FSBO sale in Colorado.

Purchase and sale agreement 115

Purchase and sale agreement Inspection Inspection contingency MLS 115

HomeLight

MARCH 13, 2023

Whatever your reason for needing a quick sale without making a substantial investment, the Orlando real estate market is teeming with cash buyers ready to make a deal no matter your home’s condition. Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready.

Sales 98

Sales Investor Due diligence Renovation 98

HomeLight

MARCH 31, 2023

The bridge lender will lend the buyer the equity they have built in their existing house so they can move forward with the purchase of a new home. So in the past few years, I think it’s pretty easy [for borrowers to qualify] because of the equity spike. 3 spot amongst all states for the highest average rents in 2022.

Equity 104

Equity Loans Debt-to-income ratio Finance 104

HomeLight

JUNE 17, 2022

Lowering the price, even in a buyer’s market, is better than letting the house sit when you don’t live in the area, or need the money from the sale. You want to attract buyers to your luxury home. Luxury homes are usually in higher pricing brackets due to their size and extra amenities.

Inspection 111

Inspection Pre-approval Inspection contingency Renovation 111

HomeLight

MARCH 21, 2022

Reduce the stress of selling by requesting a cash offer from HomeLight’s Simple Sale platform today. House flippers are real estate investors that purchase properties at a discount with the intention of remodeling to add value, then resell those properties quickly for a profit. Example home trade-in companies: HomeLight Trade-In.

Closing costs 105

Closing costs Home sale contingency Investor Closing 105

HomeLight

MARCH 31, 2023

When it comes to real estate, a bridge loan (sometimes known as a swing loan or bridging loan) is a short-term loan to help homeowners during the transition of buying a new home while selling their current home. If you owe more than 80% of your current home’s value, you might not qualify. What are the drawbacks of a bridge loan?

Loans 101

Loans Debt-to-income ratio Equity Finance 101

HomeLight

JANUARY 4, 2022

It wasn’t long ago that the decision to sell your house for cash was associated with a neglected or foreclosed property whose value had plummeted, as an investor swooped in to snatch it up for a bargain. HomeLight’s nationwide Simple Sale platform provides cash offers for homes “as-is” in almost any condition.

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Investor Finance Inspection Sales 98

HomeLight

AUGUST 16, 2021

A REIT is a company that owns and operates income-producing properties, such as apartment buildings or commercial lease properties, for its investors. I decided I would rather invest that money where I could build equity.”. Then they can invest some sweat equity to improve the property.”. Tap into your retirement account.

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Purchase and sale agreement Equity FHA loan Home sale contingency 105

Real Trends

FEBRUARY 27, 2023

According to Altos Research , last week’s inventory fell again by 6,858 listings, which is more than we saw last year, but still not enough homes for sale. Connect with investors. Consider sources like ‘We pay cash for homes’ or ‘We buy ugly houses’ or similar. For sale by owners (FSBOs).

Marketing 94

Marketing MLS Pre-approval Home sale contingency 94

HomeLight

JANUARY 28, 2022

“We buy houses” operations are cash buyers or house buying companies that purchase homes directly from homeowners. There are three primary types of cash buyers: iBuyers , buy-and-hold investors , and fix-and-flip investors. Buy-and-hold investors are individuals who offer competitive prices for market-ready homes.

Purchase and sale agreement 111

Purchase and sale agreement Investor Agents Sales 111

HomeLight

APRIL 21, 2022

While it would be nice to pin down the causes of the housing shortage to just one or two variables, the reality is there are many factors that first caused and then further exacerbated a lack of homes for sale in America. Entry-level homes aren’t being built. Eviction moratorium/mortgage forbearance.

Construction 115

Construction Agents Home sale contingency Mortgages 115