HomeLight

MAY 28, 2021

An example: Let’s say a property is listed as-is, and a home inspection finds a leaky roof and foundation issues. You’ll be on the hook for the entirety of those repairs, and you can’t expect any financial help from the seller if you pursue the sale. In some as-is home sales, you might see a “where-is” specification added in.

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As-is Inspection Title search Inspection contingency 100

HomeLight

DECEMBER 29, 2021

Savvy sellers know that if their home is priced right, they stand a very good chance of having it appraise accordingly, and keep the sale on track. FHA and VA loans have additional requirements an appraiser must evaluate, most of which relate to safety and soundness. Improvements made to the property.

Purchase and sale agreement 111

Purchase and sale agreement VA loan Loans Agents 111

Redfin

MARCH 4, 2025

Whether youre looking at homes for sale in San Antonio, TX , or in Wilmington DE , there are options for you. There are several types of foreclosure sales – auctions, bank-owned properties, government-owned properties, preforeclosures, and short sales. Auctions The most common type of foreclosure sale is by an auction.

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Pre-approval FHA loan Short sale Banks 31

HomeLight

DECEMBER 29, 2023

Typically, the reasons are like an estate sale where they’ve inherited the property, and they don’t have the funds or the inclination to prepare the property for the market. It’s a seller’s market, and they strongly prefer an “as is” sale,” she adds. Either that or it’s not a distressed property.

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As-is Inspection Finance Loans 110

HomeLight

JULY 31, 2022

Even before you decided to put your home up for sale, you probably knew making minor repairs and sprucing up your home would increase the chances of attracting the right buyers and getting a great offer. It’s important to distinguish that appraisals are not intended to be a home inspection.

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Closing FHA loan Purchase and sale agreement Inspection 98

HomeLight

JANUARY 27, 2021

VA loans : Finally, there are VA loans that have advantageous features for qualifying military service members and their spouses. Other features: VA loans are a great option for qualifying buyers because they have low rates and fees, and require zero down. Definitely include an inspection contingency.

Closing costs 119

Closing costs Inspection Loans Earnest money deposit 119

Redfin

AUGUST 29, 2024

FHA loan: These loans are backed by the Federal Housing Authority (FHA) and primarily help low-to-moderate-income borrowers who are less likely to qualify for conventional loans. VA loan: Backed by the U.S. VA loans don’t require a down payment, among other benefits.

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

HomeLight

OCTOBER 29, 2021

Conventional loans closed in an average of 47 days in July 2021, while FHA loans took 51 days, and VA loans required an average of 52 to close. In that case, you could get your earnest money back if you have an inspection contingency and make the decision within the period the contract specifies.

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Closing Inspection Title Due diligence 111

HomeLight

SEPTEMBER 1, 2022

For example, in Alachua County, FL, the maximum loan amount is $420,680 for a single-family home, while in Monroe County, FL the loan limit is $710,700. Find the FHA loan limit for homes in the county you are looking to purchase in here. VA loans : For veterans, service members, and surviving spouses.

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Earnest money deposit FHA loan Title Purchase and sale agreement 106

HomeLight

SEPTEMBER 1, 2022

For example, in Fairfield County, CT, the maximum loan amount is $695,750 for single family homes, while in New Haven-Milford County, the loan limit is $420,680. Find the FHA loan limit for homes in the county you are looking to purchase in here. VA loans : For veterans, service members, and surviving spouses.

Earnest money deposit 111

Earnest money deposit FHA loan Purchase and sale agreement Inspection 111

HomeLight

AUGUST 24, 2022

According to Todd Auslander , who completes 27% more sales than the average Stamford, Connecticut agent, selling a house ‘as is’ in Connecticut is mostly done when the owner inherits the house, lives out of state, or the house is in really bad condition. Median sales price in Connecticut. Estate sales. Request Offer.

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As-is Inspection Closing costs Investor 111

HomeLight

OCTOBER 29, 2021

Housing shortages, bidding wars, and fast-moving sales abound, coupled with historically low interest rates. If you’re a service member or veteran, you probably qualify for a VA loan, which means you can take advantage of a loan with a 0% down payment. Contingencies are conditions that a buyer puts into their offer.

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Inspection Loans VA loan Title 98

Windemere Buying

OCTOBER 18, 2021

Not looking for other loans With a little resourcefulness, you can tap into new sources of financial support that will help to ease the burden of making a home purchase. VA Loans can be a lifesaver for active service and veteran personnel, offering zero down payment and lower-than-average mortgage rates.

Pre-approval 52

Pre-approval Pre-qualification Debt-to-income ratio Inspection 52

HomeLight

JUNE 30, 2022

Even in a competitive housing market, where buyers are waiving inspection contingencies , it’s always a good idea to get an inspection so you know what exactly is wrong with the house before you take ownership. Some loan programs, such as those backed by the FHA , allow for a down payment as small as 3.5%

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Purchase and sale agreement Inspection Earnest money deposit Closing costs 96

Redfin

FEBRUARY 10, 2021

Later in the year, the worst of the pandemic will hopefully be behind us, and as businesses reopen and daily activities become safer, a new batch of homebuyers and sellers will enter the housing market, making for the strongest year of home sales since 2006. ”. There is a shortage of homes for sale. We’re in a seller’s market.

Debt-to-income ratio 76

Debt-to-income ratio Pre-approval Inspection Loans 76

HomeLight

AUGUST 12, 2022

HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. Median sales price in California. As is” is a type of home sale where it’s understood that no improvements will be made to the property. Sell 'As Is' With a Cash Offer. Skip repairs and close in as few as 10 days.

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