Redfin

MARCH 4, 2025

Investors may see foreclosure purchases as an opportunity to renovate and resell for a profit, while homebuyers may find a house they wouldnt otherwise be able to afford. Government-owned properties Some mortgages are government-backed, like VA loans and FHA loans. Can you buy a foreclosure with an FHA loan?

Pre-approval 34

Pre-approval FHA loan Short sale Banks 34

The Close

AUGUST 6, 2024

Notably, falling below MPR standards could be a deal breaker for some homebuyer programs, such as a Federal Housing Authority (FHA) loan or VA loan. Substandard conditions: When your client’s home is unlivable, selling as-is to a real estate investor may be the best option.

As-is 98

As-is Agents Purchase and sale agreement Inspection 98

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. Great for investors or cash buyers.

As-is 100

As-is Inspection Title search Inspection contingency 100

HomeLight

SEPTEMBER 1, 2020

If the former homeowner defaulted on an FHA loan, the home may become inventory for various HUD programs, including the Good Neighbor Next Door program. Make sure the offer includes any important contingencies, such as an inspection contingency. Step 9: Order an inspection. Source: faiq daffa / Unsplash).

Banks 98

Banks Inspection contingency Inspection FHA loan 98

HomeLight

DECEMBER 29, 2023

As is” sales often attract investors searching for their next flip or buyers seeking a bargain, perhaps on a home in a great location with lots of potential. You’re looking for an agent who doesn’t shy away from listings that need a little TLC and maybe has a strong network of investor connections.

As-is 110

As-is Inspection Finance Loans 110

HomeLight

AUGUST 24, 2022

As is” sales often attract investors searching for their next flip or buyers seeking a bargain, perhaps on a home in a great location with lots of potential. You’re looking for an agent who doesn’t shy away from listings that need a little TLC and maybe has a strong network of investor connections. Sell directly to a cash buyer.

As-is 111

As-is Inspection Closing costs Investor 111

HomeLight

DECEMBER 23, 2021

For example, FHA loans typically won’t allow buyers to purchase properties with unpermitted converted garages or outdated electrical panels. According to both Barker and Davis, the home inspection is when most code violations are discovered. HomeLight’s network of investors will buy houses in almost any condition.

Inspection 111

Inspection Title Renovation Inspection contingency 111