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If you’re looking at a house with foundation issues , the question isn’t whether there’s a problem or not. It’s whether fixing it is worth it, especially if you’re seriously considering buying the home. Whether it’s a five-bedroom home in Houston or a small house in Cincinnati , foundation repairs are expensive, disruptive, and hard to predict. But ignoring them simply isn’t an option. So, how do you decide when to walk away from foundation issues? You follow the steps below. 1. Get a full diagnosis before you buy Don’t guess, and don’t take the seller’s word for it. Before you go under contract—or during your due diligence period—bring in a licensed structural engineer, not just a general home inspector or your handy friend. The structural engineer will evaluate what’s going on structurally, how bad it is, and what will be needed to stabilize the foundation. Once you have a report in hand, get a quote from a reputable foundation repair company. They can tell you what the repai...

Selling a house with a mortgage isn’t unusual. In fact, most homeowners still have a mortgage when they sell. The key is knowing how to navigate the process so you walk away with money in hand – without being blindsided by fees, delays, or worst-case scenarios where you owe money just to close. Whether you’re selling a home in Charlotte or a condo in Columbus , this isn’t the time for  guesswork. . What follows is a straightforward breakdown of how to sell your house with a mortgage, step by step. Step 1: Get your mortgage payoff statement Before you call a real estate agent, call your lender. Ask for a mortgage payoff statement, which tells you exactly how much you’ll owe on closing day. This number includes your remaining loan balance plus any unpaid interest, and in some cases, early payment fees or administrative costs. This payoff amount is the baseline for all your other calculations. Step 2: Estimate your net proceeds Once you’ve got the payoff in hand, the next ste...

from HomeLight Blog https://www.homelight.com/blog/buyer-pell-city-property-tax-calculator/

Buying your first home is an exciting milestone, from browsing listings on Redfin and touring open houses to imagining life in your new space. But the buying process also raises plenty of questions, and that’s totally normal. If you’re wondering what to expect, you’re not alone. We’ll walk through some of the most common first-time homebuyer questions. Whether you’re looking for a home in Hartford, CT or Newark, NJ , this guide will equip you with all the answers you need. Let’s get started. In this article: Understanding if you’re ready to buy a home Budgeting for your first home Finding the right mortgage Navigating the homebuying process What comes next? Getting started: Are you ready to buy a home? 1. What is a first-time homebuyer? Generally, a first-time homebuyer is someone who hasn’t owned a primary residence in the past three years . You can also be considered a first-time buyer if: You’ve shared ownership of a house with a spouse in the past, but are now ...

Key takeaways: Buying a house with an LLC is generally recommended only for experienced real estate investors, not the average homebuyer. While you can buy a house under an LLC, the pros and cons to doing so are complex and should be considered carefully.  This buying method is most useful for landlords, people who own multiple properties, or public figures who value privacy.  If you’ve ever rented a home, whether it’s in Wichita, KS or Washington, DC , you may have had an LLC, or limited liability company, listed as your landlord. While this is common for rental properties, some buyers also explore using an LLC to purchase a home. Buying a home with an LLC can be beneficial in certain circumstances, offering privacy and limiting liability for the owners. However, the drawbacks and complexities associated make this an unappealing process for the average homebuyer. We’ve analyzed the pros and cons of buying a house with an LLC to help you determine whether it’s the r...

If you’re looking to sell a house for cash in Riverside , it’s likely you want a quick, uncomplicated sale. With this type of transaction, you can skip home prep, avoid repairs and showings, and close on your timeline. The three big questions on your mind might be: The three big questions on your mind might be: How do I sell a house for cash in Riverside? What does this convenience cost? How much more can I get for my Riverside house if I make repairs? In this post, we’ll explain the two most common options for receiving an all-cash offer in Riverside, and what the offer amount might look like, depending on who you sell to and whether you make repairs or sell as-is. Compare Options: Investor Cash Offer vs. Top Agent No staging, no open houses, no repairs. Request a cash offer from HomeLight’s Simple Sale platform and close in as little as 10 days. You can also receive and compare an estimate of what a top agent might be able to get for your house. Request Offer Option...

If you’re looking to sell a house for cash in Atlanta, it’s likely you want a fast, uncomplicated sale. With this type of transaction, you can skip home prep, avoid repairs and showings, and close on your timeline. The three big questions on your mind might be: How do I sell a house for cash in Atlanta? What does this convenience cost? How much more can I get for my Atlanta house if I make repairs? In this post, we’ll explain the two most common options for receiving an all-cash offer in Atlanta, and what the offer amount might look like, depending on who you sell to and whether you make repairs or sell as-is. Compare Options: Investor Cash Offer vs. Top Agent No staging, no open houses, no repairs. Request a cash offer from HomeLight’s Simple Sale platform and close in as little as 10 days. You can also receive and compare an estimate of what a top agent might be able to get for your house. Request Offer Options to sell my house for cash in Atlanta Homeowners typical...

from HomeLight Blog https://www.homelight.com/blog/new-york-city-transfer-tax-calculator/

Key takeaways: A probate sale is a court-supervised process for selling a property owned by someone who has passed away. The process involves court appointments of an executor or administrator, property appraisal, and court confirmation of the sale. Probate sales often involve properties sold “as-is” and may have a longer closing timeline with fewer contingencies. Attending to the affairs of a loved one who has passed away is a sensitive and often complex undertaking. Among the many responsibilities may include managing their real estate assets in what is known as a probate sale.  For both potential buyers and those managing an estate, comprehending the intricacies of a probate sale is essential when engaging in this particular real estate transaction and this Redfin real estate guide will help you navigate this process. Now, let’s get started. What is a probate sale? A probate sale refers to the court-supervised process of selling a property that was owned by someon...

 from HomeLight Blog https://www.homelight.com/blog/closing-cost-calculator-vermont/

We Buy Houses companies in El Paso make all-cash offers for homes that often need some work, enabling sellers who lack the time, expertise, and money for repairs to move quickly and receive the cash proceeds from their home sooner if they need it. You may be looking to leave El Paso for a job relocation, to be closer to family, or to avoid the heat in the summer. Or, you may want to leave El Paso and relocate to somewhere with less traffic, and a slower pace of life. Whatever the reason you want to leave El Paso and sell your house, you’re probably on a tight timeline. Need to Sell Your House Fast in El Paso? Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. Receive your offer in 24 hours and close in as few as 10 days. No showings, no repairs, no open houses. Available to sellers in El Paso, Texas. Request Offer If you need to sell your El Paso home quickly, a We Buy Houses for Cash company could be the best solution. Howev...

It’s likely that you’ve spotted those “We Buy Houses” signs around South Carolina. These companies make all-cash offers for homes, even those in need of repairs. If you’re a homeowner in South Carolina and find yourself needing a quick sale, perhaps due to unexpected events or life changes, a cash sale can be your ticket out. It lets you bypass lengthy renovations, sidestep the traditional market, and dive straight into your next chapter. But is it the right move for you? In this post, we’ll delve into the process and the pros and cons of selling to Cash-For-Homes companies in South Carolina to help you weigh your options. Sell Fast in South Carolina With a Cash Offer or Top Agent Get an all-cash, no-obligation offer on your South Carolina home through HomeLight’s Simple Sale platform. Close in as few as 10 days with no repairs or showings. You can also request an expert estimate of what your home might sell for using a top South Carolina agent. Step 1: Request Offer Workin...