Redfin

MARCH 4, 2025

Government-owned properties Some mortgages are government-backed, like VA loans and FHA loans. If a buyer with a government-backed loan goes into foreclosure, the government will take control of the property. Preforeclosures A preforeclosure is a home that is in the beginning stages of foreclosure.

Pre-approval 31

Pre-approval FHA loan Short sale Banks 31

Windemere Buying

OCTOBER 18, 2021

Not getting pre-approved Getting pre-approved is a key component of the early stages of the buying process and will help to maximize your chances of getting your offer accepted. 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

DECEMBER 29, 2023

If a buyer requests further deductions to the price based on their inspection, you may be able to point to how the estimated cost of certain repairs was already baked into the list price. I’ll give an inspection contingency, that’s it. For an as-is, the sale can be a win-win situation for the seller.

As-is 110

As-is Inspection Finance Loans 110

HomeLight

AUGUST 24, 2022

When you place your home on the market, it’s hard to predict if your top offer will come from a cash buyer or a buyer pre-qualified for a home loan. These are standards related to the overall condition of a property which will play a role in the willingness and/or ability of a lender to finance a buyer’s loan. No staging.

As-is 111

As-is Inspection Closing costs Investor 111

HomeLight

JUNE 30, 2022

Also during this stage, your lender will pull your credit report after getting your consent. 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.

Purchase and sale agreement 96

Purchase and sale agreement Inspection Earnest money deposit Closing costs 96

HomeLight

MARCH 13, 2023

Joseph has encountered active military who recently purchased homes with a VA loan, but got orders to ship out only to find that their home hadn’t appreciated much in a short time. With a cash home buyer, there are usually no financing or inspection contingencies typically found in traditional real estate contracts.

Sales 98

Sales Investor Due diligence Renovation 98

HomeLight

AUGUST 12, 2022

Often, that means advocating for the removal of inspection contingencies. “In When you place your home on the market, it’s hard to predict if your top offer will come from a cash buyer or a buyer pre-qualified for a home loan. No staging. Skip repairs. No repeated showings. No open houses.

As-is 111

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