The Close

DECEMBER 29, 2022

Whether you’re a veteran agent or a rookie hoping to sound authoritative during your first transaction, you need to be able to succinctly explain common real estate terms and definitions to your clients. This tool, also known as a like-kind exchange, allows investors to defer paying capital gains taxes on a sale. ” A. .”

Purchase and sale agreement 98

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

HomeLight

JUNE 28, 2021

Your real estate agent has been forwarding you offers on your home all day. Why do some offers have one price on the purchase agreement and another price on the escalation addendum? An offer your friend submits to escalate the purchase price doesn’t qualify. The buyer will generally specify a maximum purchase price.

Earnest money deposit 66

Earnest money deposit Purchase and sale agreement Pre-approval Pre-qualification 66

Realty Biz

JANUARY 12, 2021

It’s about working with a professional agent to narrow your search and help you navigate through the purchase process. It also requires qualifying for a bank loan based on passing a set of rigid qualification standards. It means proving you are pre-qualified for a loan before you know what house you might buy.

Purchase and sale agreement 69

Purchase and sale agreement Pre-qualification Pre-approval MLS 69

Toronto Realty Blog

MAY 17, 2023

On Monday, I told a story about the worst experience of my career, which saw me lose a listing in the most brutal of ways: by watching a “FOR SALE” sign for another agent, hammered into the lawn as I stood there with a buyer, on the very morning that I was supposed to sign the listing paperwork. ” How? ” Huh?

Purchase and sale agreement 83

Purchase and sale agreement Inspection Closing Agents 83

HomeLight

AUGUST 16, 2021

We’ve rounded up expert advice from all across our Buyer Resource Center and enlisted the help of top Massachusetts agent Rosemary Mancuso to walk us through what first-time buyers need to buy a house. Plus, if you do decide to take the leap, you’ll be ready to tackle your home purchase like a pro. HomeLight to the rescue! Start here.

Closing costs 103

Closing costs Purchase and sale agreement Inspection Loans 103

HomeLight

MARCH 17, 2021

The planning stage (1 to 3 years before purchase). “If you want to buy a house, you need to have money saved up,” says April Mason , an agent in Corpus Christi , Texas, who has completed 24% more sales than the average agent in her market. The shopping stage (1 to 6 months before purchase).

Pre-approval 98

Pre-approval Purchase and sale agreement Title Closing 98

HomeLight

DECEMBER 6, 2022

When the time comes to move, some tenacious homeowners in New Jersey are eager to take over the reins of their home sale and figure out how to sell a house by owner. With millions of homes sold each year, a modest portion of sellers — about 7% in 2021 and 10% in 2022 — choose to list “For Sale By Owner” (or FSBO — pronounced fizz-bow).

Purchase and sale agreement 73

Purchase and sale agreement MLS Pre-approval Agents 73

Toronto Realty Blog

MARCH 25, 2022

The group also wants first-time homebuyers to have access to mortgage terms of up to 30 years for insured mortgages and recommended making mortgage qualification stress tests consistent for both insured and uninsured mortgages, setting the stress test level to two percentage points above the contract rate. “To March 24, 2022.

Purchase and sale agreement 78

Purchase and sale agreement Construction Pre-approval Development 78