HomeLight

JANUARY 29, 2021

Lenders set limits on seller concessions depending on the loan type, whether the home is a primary or secondary residence and the size of the down payment. For example, the Department of Housing and Urban Development caps seller concessions for FHA loans at 6% of the sale price. MLS listing fee. Mortgage pay off.

Closing costs 98

Closing costs Closing Seller concession Title search 98

HomeLight

MARCH 3, 2025

MLS has a field to mark a listing as is? Consider a pre-listing inspection A pre-listing home inspection is the same as a standard home inspection except that the seller pays for it before listing their home on the market. If applicable, provide a list of additional add-on disclosure forms here with links.]

As-is 52

As-is Purchase and sale agreement Inspection Finance 52

HomeLight

MAY 8, 2024

Consider a pre-listing inspection A pre-listing home inspection is the same as a standard on, except that the seller pays for it before listing their home on the market. Cash eliminates the lender-ordered appraisal as well as the time it takes to close on the buyer’s loan, creating a faster and clearer path to settlement.

As-is 111

As-is Inspection Finance Residential 111

Redfin

JANUARY 28, 2025

FHA loans These loans are popular for their flexible credit requirements and low down payment options, which make homeownership more accessible. FHA loans are assumable , but the buyer must meet the lenders approval criteria, including a sufficient credit score and stable income.

Loans 31

Loans Mortgages VA loan Purchase and sale agreement 31

HomeLight

OCTOBER 5, 2020

You can also help yourself by doing the inspection upfront, knowing the seller likely won’t get any repairs done. Bank statements can also be used for certain mortgage loans if you have a non-traditional job or a side gig. Fair to good credit: You need a minimum credit score of 580 to qualify for an FHA loan.

Short sale 97

Short sale Sales Pre-approval Pre-qualification 97

The Close

AUGUST 6, 2024

As their agent, you must also know how to protect your clients through the as-is selling process and understand the nuances such as navigating inspections and disclosures. 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.

As-is 98

As-is Agents Purchase and sale agreement Inspection 98

HomeLight

MAY 28, 2021

You’re scrolling through your MLS listings , and there’s a shockingly affordable new property available. An example: Let’s say a property is listed as-is, and a home inspection finds a leaky roof and foundation issues. Another misconception is that a home inspection isn’t allowed.

As-is 100

As-is Inspection Title search Inspection contingency 100

HomeLight

JANUARY 22, 2024

Consider a pre-listing inspection A pre-listing home inspection is the same as a standard one except that the seller pays for it before listing their home on the market. Megel says that a pre-listing inspection makes little sense for sellers considering an as-is sale. “If Yes Is a real estate attorney required?

As-is 110

As-is Inspection Renovation Equity 110

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. If your offer is accepted, you start the process of inspections, title checks, and negotiations while securing a mortgage loan and signing the papers when it’s all said and done.

Banks 98

Banks Inspection contingency Inspection FHA loan 98

HomeLight

DECEMBER 23, 2021

Whether you’re selling a mid-century ranch in an established neighborhood, a 1920s arts and crafts bungalow on a tree-lined avenue, or a brand new contemporary white box in a just-built subdivision, a home inspection may very well reveal code violations. It came to light during the home inspection.

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Inspection Title Renovation Inspection contingency 111

HomeLight

MAY 23, 2022

MLS has field to mark a listing “as is”? Something that Allen does see with some as-is sellers, is that they’ve had the house under contract before and have gone through the inspection period — only to have major defects pop up during the process. There’s a lot of really good things about having your house pre-inspected.

As-is 118

As-is Purchase and sale agreement Inspection Closing costs 118

HomeLight

APRIL 11, 2024

MLS has a field to mark a listing “as is”? Consider a pre-listing inspection A pre-listing home inspection is the same as a standard home inspection except that the seller pays for it before listing their home on the market. No, but it is commonly mentioned in the Remarks field Is a real estate attorney required?

As-is 110

As-is Inspection Finance Investor 110

HomeLight

DECEMBER 29, 2023

MLS has a field to mark a listing “as is”? Fields notes that despite sellers listing a home “as-is,” buyers are allowed to request an inspection, and depending on the state of the home, buyers may still be able to request repairs — or even cancel the contract. Fields highly recommends getting a pre-listing home inspection. “A

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As-is Inspection Finance Investor 111

HomeLight

DECEMBER 31, 2023

Fast facts about selling a house ‘as is’ in Arizona Median sales price in Arizona $430,990 Average days on market (DOM) for Arizona 56 Disclosures Arizona law requires sellers to disclose material facts about the property through the Residential Seller’s Property Disclosure Statement (SPDS) MLS has a field to mark a listing “as is”?

As-is 109

As-is Inspection Finance Loans 109

HomeLight

JANUARY 22, 2024

MLS has a field to mark a listing “as is”? Make sure they post absolutely everything that is going on with the house that they’re aware of just to avoid any potential issues at an inspection. So, the appraisal is a second inspection that is done on the property,” he says. “So, Yes Is a real estate attorney required?

As-is 111

As-is Inspection Finance Investor 111

HomeLight

DECEMBER 29, 2023

MLS has a field to mark a listing “as is”? However, Minnesota does allow certain exceptions for sellers who haven’t lived in the home, such as having a qualified third-party inspector provide an inspection report or submitting the Minnesota Disclosure Alternatives form. Yes Is a real estate attorney required?

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As-is Inspection Finance Investor 111

HomeLight

AUGUST 24, 2022

MLS has field to mark a listing “as is”? Buyers are still going to do their inspection, they’re going to do their own due diligence and they are going to be paying their inspector. Consider a pre-listing inspection. Instead, the agent will write ‘as is’ in the MLS remarks section. Disclosures. Todd Auslander.

As-is 111

As-is Inspection Closing costs Investor 111

HomeLight

FEBRUARY 21, 2023

MLS has field to mark a listing “as is”? According to an example document from the Georgia Realtors Association, sellers must disclose any known material defects that aren’t obvious or would not be found by a buyer upon completing a reasonable inspection. No Is a real estate attorney required?

As-is 105

As-is Inspection Investor Closing costs 105

HomeLight

MAY 23, 2022

MLS has field to mark a listing “as is”? A lot of times, sellers are trying to remove some future liability by listing their house ‘as is,’ but buyers do, of course, still have the opportunity to inspect it and ask for any repairs or a price reduction,” Rynders says. “So Consider a pre-listing inspection. Disclosures.

As-is 116

As-is Inspection Investor Closing costs 116

HomeLight

MAY 19, 2022

MLS has field to mark a listing “as is”? These are any problems the purchaser wouldn’t be able to discover for themselves during a visual inspection, as well as anything that would pose a health or safety hazard. Consider a pre-listing inspection. So once you do that inspection, you must disclose all of that.”.

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As-is Inspection Investor Closing costs 119

Easy Agent Pro

JANUARY 31, 2022

If that doesn’t work, drastic measures might, such as showing them (during the consultation) a stack of MLS listings of homes they can afford. . But delusions about how far their FHA loan (with a 580-credit score) will take them aren’t the only misconceptions and expectations they have.

FHA loan 110

FHA loan Agents Loans MLS 110

HomeLight

NOVEMBER 10, 2021

Or that FHA loan limits vary widely, too? Buyers who are moving from one area of the country to another could be shocked at the difference in prices and loan limits. When it’s time for the inspection, they’ll reassure you that a damp basement is normal for the town, or tell you to get it checked out by a professional.

Inspection 98

Inspection Title Agents Pre-approval 98

HomeLight

JULY 25, 2022

MLS has field to mark a listing “as is”? Consider a pre-listing inspection. A pre-listing home inspection is the same as a standard home inspection except that the seller pays for it before listing their home on the market. Possibility of reducing negotiations from the inspection. Average days on market for Texas.

As-is 111

As-is Purchase and sale agreement Inspection Investor 111

HomeLight

MAY 23, 2022

MLS has field to mark a listing “as is”? Consider a pre-listing inspection. A pre-listing home inspection is the same as a standard home inspection except that the seller pays for it before listing their home on the market. Schaus does warn that there can be a downside to these pre-inspections, as well.

As-is 112

As-is Purchase and sale agreement VA loan Inspection 112

HomeLight

DECEMBER 29, 2023

Consider a pre-listing inspection A pre-listing home inspection is the same as a standard one, except that the seller pays for it before listing their home. I’ll give an inspection contingency, that’s it. For an as-is, the sale can be a win-win situation for the seller. I commonly have as-is sales,” Sierra says. “I’ll

As-is 110

As-is Inspection Finance Loans 110

HomeLight

MAY 23, 2022

MLS has field to mark a listing “as is”? Buyers need to ask direct questions and pay close attention to the results of a home inspection so that they can determine the condition of the property and its features. The buyer may request answers in writing, especially after a home inspection. Consider a pre-listing inspection.

As-is 111

As-is Inspection Sales Investor 111

HomeLight

AUGUST 23, 2022

MLS has field to mark a listing “as is”? Consider a pre-listing inspection. A pre-listing home inspection is the same as a standard home inspection except that the seller pays for it before listing their home on the market. Possibility of reducing negotiations from the inspection. . $281,176 (June 2022).

As-is 111

As-is Investor Closing costs Inspection 111

HomeLight

JULY 25, 2022

Frequently, the inspection serves as the buyers’ safety net. “If If the inspection shows some damage that nobody was aware of,” Tom explains, “it usually results in renegotiation of the deal — either the price or the repair gets fixed.”. MLS has field to mark a listing “as is”? Consider a pre-listing inspection.

As-is 110

As-is Purchase and sale agreement Inspection Closing costs 110

HomeLight

APRIL 29, 2022

An as-is home sale often indicates that the home has some “big-ticket items” that won’t pass the required inspection or appraisal, he adds. MLS has field to mark a listing “as is”? Not in Northwest MLS, the largest MLS in the region ; agents instead will include “as is” in the property notes. Disclosures.

As-is 95

As-is Purchase and sale agreement Investor Inspection 95

HomeLight

DECEMBER 23, 2021

The appraiser’s visual onsite inspection of the home, which can take anywhere from 30 minutes to a few hours and involve taking measurements and photos. If a property is located in a city with a good source of solid data through the local MLS, the appraisal would probably be at the lower end of the price range,” says Spurgeon.

Loans 111

Loans VA loan FHA loan Inspection 111

HomeLight

AUGUST 12, 2022

MLS has field to mark a listing “as is”? As far as marketing, Bullington maximizes the power of the public and private remarks fields in the multiple listing service (MLS). Consider a pre-listing inspection . Disclosures. As is” could be included in the listing’s public or private remarks. Is a real estate attorney required?

As-is 111

As-is Purchase and sale agreement Investor Inspection 111

HomeLight

FEBRUARY 27, 2023

In order to determine your home’s worth, an appraiser conducts a walk-through inspection of the home and then examines the sale prices of comparable homes in your area. Shockley points out that FHA loans have additional requirements that can add time, so the cost of the appraisal can be higher.

Equity 105

Equity Agents Construction VA loan 105

Redfin

AUGUST 29, 2024

However, there are a lot of things to learn about how to buy a house, like current mortgage rates, your credit score, home inspections, and closing costs. Closing costs typically include appraisal costs, home inspection fees, title insurance, and more. After the inspection is completed, you’ll receive a report detailing the results.

Earnest money deposit 63

Earnest money deposit Purchase and sale agreement Pre-approval Debt-to-income ratio 63

HomeLight

MARCH 2, 2023

Here are some factors that can influence the cost of a home appraisal in Georgia: Urban vs. rural Urban properties tend to be smaller and have more information readily available in the local MLS, which makes them faster and thus cheaper to appraise.

FHA loan 101

FHA loan Agents Loans Sales 101

HomeLight

JANUARY 30, 2025

MLS has a field to mark a listing as is? Consider a pre-listing inspection A pre-listing home inspection is the same as a standard home inspection except that the seller pays for it before listing their home on the market. Hillary Smith says that pre-listing inspections arent typically worth it in her experience.

As-is 52

As-is Inspection Seller disclosure Finance 52

HomeLight

AUGUST 12, 2022

MLS has field to mark a listing “as is”? Consider a pre-listing inspection. A pre-listing home inspection is the same as a standard home inspection except that the seller pays for it before listing their home on the market. Hernandez does not recommend the seller pay for a pre-listing inspection. “We

As-is 111

As-is Purchase and sale agreement Natural hazards disclosure Closing costs 111