What if a home appraises for more than the offer?

Can You Buy a House With Cash and Without Proof of Income?

For buyers who value privacy, need to purchase quickly, or want non-traditional income sources, paying cash seem like an ideal way to purchase property with minimal disclosure. You can buy a home without a loan, but can you buy a house without proof of income? While cash purchases remove the lender from the equation, they don't erase all verifi

Can You Use a HELOC to Buy a Second Home?

When financing a second home, you usually need a larger deposit and the income to support the debt payments. You also need to find the right financing, because many loans are only available for your primary residence. Most people consider turning to the equity of their current home. But can you use a HELOC to buy a second home? A HELOC lets you

What is a Desktop Appraisal?

An appraisal is an invaluable part of the buying and selling process. It alerts the buyer to the value of the property to ensure they don’t overpay for it. Most lenders require buyers to get appraisals before they approve loans to confirm that the mortgage doesn’t exceed the actual property’s value.  However, not all appraisers need