HomeLight

MAY 23, 2022

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. Which types of homes are sold ‘as is’?

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HomeLight

MAY 23, 2022

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.

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HomeLight

DECEMBER 29, 2023

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. But if it is a turnkey house where they’re just ready to go to the next chapter, they’re tired, etc.,

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As-is Inspection Finance Investor 111

Realty Biz

SEPTEMBER 23, 2023

The agent also helps with the paperwork, including making offers, reviewing contracts, and coordinating inspections and appraisals. The amount required for a down payment can vary based on factors such as the type of loan, your credit history, and the lender's requirements. Negotiation skills to help you secure the best possible deal.

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Purchase and sale agreement Pre-approval Agents Pre-qualification 70

Realtor.com

DECEMBER 14, 2022

Those still scarred from the Great Recession will remember watching in horror as millions of homeowners lost their properties to foreclosures and short sales after their mortgage payments suddenly spiked. Just a few months ago, buyers were waiving inspections and promising to name their firstborn after sellers to get a house.

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Fixed-rate mortgage Mortgages Loans VA loan 102

Realtor.com

DECEMBER 14, 2022

Those still scarred from the Great Recession will remember watching in horror as millions of homeowners lost their properties to foreclosures and short sales after their mortgage payments suddenly spiked. Just a few months ago, buyers were waiving inspections and promising to name their firstborn after sellers to get a house.

Fixed-rate mortgage 99

Fixed-rate mortgage Mortgages Loans VA loan 99

HomeLight

DECEMBER 30, 2021

The only thing that stands between you and a sale is the appraisal. After being under the microscope at open houses and inspection, you may wonder: What’s the point of this final examination? Pre-listing appraisal: In the San Francisco Bay area, pre-sale appraisals and inspections are common. You’re ready to move on.

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Loans Agents Inspection Closing 119

HomeLight

JANUARY 19, 2023

Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit. An inspection might cost a few hundred dollars, but a $400 inspection can keep you away from a $10,000 or $20,000 problem,” he says.

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HomeLight

APRIL 29, 2022

“Some people have a lot more time and energy to engage and make the best of the sale, and some people don’t,” says George Graham , a top real estate agent in the Seattle, Washington, area. 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.

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As-is Purchase and sale agreement Investor Inspection 95

HomeLight

MAY 27, 2021

The size of your down payment will affect what kind of loan you qualify for and the rate you pay. You’ll also need money for other costs that come with buying a home, from paying for a home inspection to covering the various fees you’ll be charged at closing. Get a home inspection. How much money do you need to save?

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Loans Mortgages Title Title search 98

HomeLight

OCTOBER 27, 2021

If you’re going to be buying the preforeclosure with a mortgage, your purchase agreement is contingent on your ability to secure a loan, so getting preapproved is important. For this type of home purchase, you can get either a conventional loan or government loan (such as an FHA loan or VA loan ).

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Purchase and sale agreement Inspection Homeowner’s association Title 110

HomeLight

OCTOBER 1, 2020

When they arrived for the inspection , the home inspector told them that the house was in great shape cosmetically, but it needed a new roof. When buying a Fannie Mae house, there’s no way to negotiate for any repairs after a home inspection; it’s either buy the house or walk away. “It And then the first water bill came. “In

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Purchase and sale agreement Earnest money deposit Banks Equity 78

The Close

DECEMBER 29, 2022

.” If a property is active contingent, a buyer has submitted an offer to purchase a property, but the sale won’t be finalized until certain conditions, or contingencies, are met. A contingency might be the buyer selling their current house, requiring certain repairs to be made, or obtaining a clean termite inspection.

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Purchase and sale agreement Title Pre-approval Proof of funds 98