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Short Sale Mortgage Loans: What Borrowers Need To Know

HomeLight

But what if you’re buying a short sale? Does that mean you might encounter even more reasons to cry while trying to get a short sale mortgage loan ? Securing a short sale mortgage loan isn’t that different from purchasing a standard home. What’s a short sale ?

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A 2023 Guide to Flipping Houses in Georgia: 5 Cities to Consider

HomeLight

Flipping houses has never been a more desirable pursuit, no doubt thanks in part to the vast popularity of home renovation shows. Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit. During this time, 12.9%

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Selling a House ‘As Is’ in Maryland

HomeLight

“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 are limiting the number of buyers that could purchase the property because of the type of loan they have,” Umanzor says. What problems do you have to disclose in Maryland?

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Selling a House ‘As Is’ in Massachusetts

HomeLight

It’s worth noting there are many buyers out there looking for a renovation project. It’s worth noting there are many buyers out there looking for a renovation project,” says Muncey. “So, Be aware of minimum property standards for certain loans. So, we think about that market prep strategically.

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