Housing Wire

JANUARY 17, 2024

For real estate professionals, this option presents an opportunity to capture more sales. With this option, older homebuyers can increase their purchasing power with fewer financial worries and limitations as they move towards or through retirement. Yet staggeringly few are aware of its existence. What is reverse purchase financing?

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Finance Seller concession Loan Officer Loans 428

Redfin

APRIL 13, 2021

But what if you recently bought a home, are closing costs tax-deductible? Before answering that question, it’s a good idea to understand what closing costs are and what is typically included in them. What Are Closing Costs? Closing costs are the fees you pay when you obtain a mortgage loan.

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Closing costs Closing Title search Title 68

RIS Media

FEBRUARY 4, 2022

In 2021, our sales associates and independent brokerages continued to recognize the value in leveraging Weichert’s technology, marketing, training and coaching support to compete and grow, as evidenced by our impressive year-end results.”. “In Streamlined Service Begets Success. It was a fast-paced market—and still is.

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Residential Brokerage Technology Closing costs 97

Housing Wire

JUNE 11, 2021

Have you budgeted for closing costs? Before you get overwhelmed, take comfort that critical milestones of home inspection, appraisal and closing processes are all great ways to get more acquainted with your prospective new home. The buyer typically covers the cost of the appraisal. Home Inspection.

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Inspection Closing Closing costs Title search 423

Housing Wire

DECEMBER 8, 2020

Residential real estate marketplace Sundae has announced it closed $36 million in Series B funding on Tuesday, led by QED Investors and with additional participation from Founders Fund , Susa Ventures , Navitas Capital , Prudence Holdings and General Global Capital. million in Series A funding this June. “Our

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Investor Closing costs Inspection Closing 353

HomeLight

DECEMBER 30, 2023

You may be building an online watchlist of homes you’re interested in seeing, but then you notice a label tagging your favorite property listing as “under contract” or “sale pending.” In this post, we’ll explain terms like “under contract,” “sale pending,” and “active under contract” and how they might impact your home-buying journey.

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Home sale contingency Purchase and sale agreement Inspection contingency Inspection 100

Realtor.com

DECEMBER 10, 2020

But it’s not the only negotiable part of the sale—there are plenty of other ways to haggle aside from list price. “In In this market, trying to negotiate a sales price probably won’t get you far.”. Make sure to attend and review the findings of the home inspection,” says Steve Kaminski , head of residential lending at TD Bank. “It’s

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Closing costs Inspection Closing Rent back 142

The Residential Specialist

FEBRUARY 27, 2024

New home construction can be a profitable niche for real estate professionals who are willing to dedicate the time and effort By Myrna Traylor Most residential real estate professionals enter the real estate field with an eye on the largest market—resales of existing homes. New construction is always seen as much more expensive.

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Construction Inspection New Construction Residential 97

Keeping Current Matters

OCTOBER 21, 2020

A decade ago, there wasn’t a forbearance option, and most banks did not put in other programs, like modifications and short sales, until very late in the crisis. The real estate market has a shortage of listings for sale. In 2008, homes for sale flooded the market. Here is why this time is different.

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Equity Banks Closing costs Loans 211

HomeLight

NOVEMBER 3, 2023

You can then make a strong offer on your next home with no home sale contingency. What is a residential bridge loan in Utah? A bridge loan can be your lifeline when you’re eager to secure your new home but are still awaiting the sale of your current one. When inventory is scarce and prices are high, the pressure mounts.

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Equity Loans Debt-to-income ratio Home sale contingency 100

HomeLight

APRIL 11, 2023

Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. Receive your offer within a week and close in as little as 10 days. They usually present a take-it-or-leave-it sale price. If you accept the offer, you’ll both sign a sales contract. You receive a firm offer.

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Purchase and sale agreement Closing costs Closing Agents 80

HomeLight

JANUARY 3, 2023

Year-over-year, monthly sales in the Phoenix metro area were down nearly 25%. Often, the decision to go for sale by owner (or, “FSBO”) is motivated by a desire to save on agent commissions. Once you’ve seen what’s required, you can roll up your sleeves and get started with your FSBO sale in Colorado. Quick FSBO overview.

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Purchase and sale agreement Inspection MLS Inspection contingency 96

HomeLight

JUNE 20, 2023

California homeowners looking to upgrade from their starter home to more permanent digs may be surprised by the amount they’ll owe at the end of the sale: Closing costs in California typically range from 6% to 8% of total home sale price. It would get prorated at the closing table.”

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Closing costs Closing Title Agents 87

HomeLight

JANUARY 22, 2024

Why do sellers consider selling making a as-is home sale? Fast facts about selling a house ‘as is’ in Colorado Median sales price in Colorado $545,000 Average days on market (DOM) for Colorado 50 Disclosures Colorado law requires sellers to disclose material facts about the property through the Colorado Seller’s Property Disclosure Form.

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As-is Inspection Finance Investor 94

HomeLight

DECEMBER 29, 2023

Typically, the reasons are like an estate sale where they’ve inherited the property, and they don’t have the funds or the inclination to prepare the property for the market. “It’s It’s a seller’s market, and they strongly prefer an “as is” sale,” she adds. Looking to sell a house “as is” in Missouri?

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As-is Inspection Finance Investor 86

Realty Biz

APRIL 19, 2022

Our house is on a residential street, but it is less than a block from a major road that goes into town. Ask Brian is a weekly column by Real Estate Expert Brian Kline. If you have questions on real estate investing, DIY, home buying/selling, or other housing inquiries please email your questions to askbrian@realtybiznews.com.

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Equity Loans Closing costs Residential 90

HomeLight

FEBRUARY 16, 2023

Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. Receive your offer within a week and close in as little as 10 days. They usually present a take-it-or-leave-it sale price. If you accept the offer, you’ll both sign a sales contract. You receive a firm offer.

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Purchase and sale agreement Closing costs Closing Agents 78

HomeLight

DECEMBER 1, 2022

Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. Receive your offer within a week and close in as little as 10 days. They usually present a take-it-or-leave-it sale price. If you accept the offer, you’ll both sign a sales contract. Close the sale and get paid quickly.

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Purchase and sale agreement Closing costs Closing Investor 75

The Close

APRIL 30, 2024

Pricing real estate is an art and science. When it’s time for a price reduction, real estate agents must conduct market research and rely on the data. We also need to know how to have a price reduction conversation with our clients since pricing for homeowners can be emotionally driven. But it’s critical to dig deeper.

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Agents Short sale Staging Sales 77

Realtor.com

NOVEMBER 7, 2022

Builder incentives are promotions offered by developers that, much like a coupon, cut the cost of purchasing property in that community. Builder incentives are promotions offered by developers that, much like a coupon, cut the cost of purchasing property in that community. ” How financial incentives with builders work. .

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New Construction Construction Finance Closing costs 76

Realty Biz

FEBRUARY 19, 2024

Zoning determines land use, such as residential, commercial, or agricultural. Can you imagine buying a lot only to discover it has crept too close to the neighboring lot line? Understanding how big an acre is will be a good start for what you need for land. I have sold small building lots to large parcels of land.

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Land Due diligence Title search Finance 127

Realtor.com

NOVEMBER 17, 2022

Getty Images While buying any home is an expensive endeavor these days, buying a brand-new home—where everything is in pristine condition—will understandably cost a bit more. Two, it saves the cost of demolishing or removing whatever items you are ultimately going to replace. Buy into the community early.

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New Construction Construction Development Renovation 126

Realty Biz

JULY 11, 2022

It seems to me that it will just cost me money and time. Let’s start with the cost to hire a buyer’s agent. As the buyer, you get the service mostly for free, although at least part of it is figured into the sale’s price. Ask Brian is a weekly column by Real Estate Expert Brian Kline. Answer: Hello Stuart.

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Agents Inspection Closing costs Seller disclosure 83

Realtor.com

MARCH 8, 2021

This down payment is based on the combined cost of the land and estimated construction costs. For instance, if the land you are buying costs $150,000 and your estimated homebuilding expenses are $250,000, your down payment must be at least 20% of $400,000, or $80,000. What is a construction loan? For instance?

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Loans Construction Land Finance 120

HomeLight

MARCH 31, 2022

price increase , pushing median sale prices to upward of $350,000. With such impressive sales figures, some sellers may be curious about how to sell a house by owner in Arizona — a decision that could help them save on agent commissions. Median sales price: $449,900 (Feb. Disclaimer : HomeLight does not provide legal advice.

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Purchase and sale agreement Inspection MLS Inspection contingency 87

RIS Media

JULY 14, 2021

Now, when customers use all the company’s “All Under One Roof SM ” services, they also receive the program’s incentives, including closing-costs savings, a free one-year home warranty and a $5,000 closing date guarantee. “The ‘We Do It All, Guaranteed!’

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Closing costs Title Brokerage Closing 97

Realty Biz

SEPTEMBER 28, 2022

Most states mandate that homeowners fill out a residential disclosure form which includes specific disclosures about the roof. If a seller wants to sell their house for the top dollar, they may want to consider fixing their home before putting it on sale. We’ll now discuss how to market to as-is residential property owners.

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Purchase and sale agreement Inspection Investor Closing costs 76

HomeLight

JANUARY 10, 2023

With such impressive sales figures, some sellers may be curious about how to sell a house by owner in California — a decision that could help them save on agent commissions. Often, the decision to go for sale by owner (or, “FSBO”) is motivated by a desire to save on agent commissions. Average time on market: 24 days (November 2022).

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Purchase and sale agreement Natural hazards disclosure Inspection Title 88

HomeLight

AUGUST 31, 2021

Without an agent, you may be faced with doing all the paperwork and legwork yourself, which could cost you money or even your perfect home down the line. Fortunately, hair grows back. Buying a house , however, is an investment that will likely last you years, if not decades. That’s why your trusted real estate agent is so important.

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Agents Closing costs Inspection Closing 128

HomeLight

APRIL 28, 2023

When the time comes to move, some tenacious homeowners in Texas are eager to take over the reins of their home sale and figure out how to sell a house by owner. When the time comes to move, some tenacious homeowners in Texas are eager to take over the reins of their home sale and figure out how to sell a house by owner.

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Purchase and sale agreement Inspection Title Inspection contingency 74

HomeLight

MAY 19, 2022

HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. Skip repairs and close in as few as 10 days. Median sales price in Maryland. They want to sell as-is.”.

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As-is Inspection Investor Closing costs 98

HomeLight

MAY 26, 2021

Now it’s all about preparing for your closing. According to the National Association of Realtors®, only 22% of residential sales are cash sales, so it’s likely that you’re taking out a mortgage to finance your home purchase. One piece of information your lender will look at closely is the home appraisal.

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Inspection Residential Due diligence Title search 92

Realty Biz

APRIL 12, 2023

New residential construction home framing against a blue sky To learn more, check out these ways a real estate agent will work in your favor during the new construction home buying process. This brings balance to the process to make sure the sale is mutually beneficial and there are no unpleasant surprises for you.

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New Construction Construction Inspection Finance 52

HomeLight

MARCH 31, 2022

Early 2022 data from Florida Realtors® indicates a 23% increase in median sales price and a 33.3% Early 2022 data from Florida Realtors® indicates a 23% increase in median sales price and a 33.3% Once you’ve seen what’s required, you can roll up your sleeves and get started with your FSBO sale in Florida. Quick FSBO overview.

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Purchase and sale agreement Inspection Title MLS 88

Realty Biz

MARCH 23, 2021

I know that listing a home for sale means preparation, lots and lots of preparation. What you need to do is figure out how much it will cost to sell the house you have right now. Because of the real estate agent commission, it typically costs the seller more in closing costs than the buyer.

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Equity Closing costs Staging Banks 62

Realty Biz

MARCH 22, 2022

You’ve been daydreaming about buying your first home for many months – if not years. Now it is springtime, and your daydream has become a sunny summer afternoon watching the kids run through the sprinkler on your freshly mowed lawn. Thinking you need a 20% down payment to buy your home. That is true. Then you need to decide.

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Closing costs VA loan Loans FHA loan 79

HomeLight

AUGUST 12, 2022

HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. Skip repairs and close in as few as 10 days. Median sales price in Illinois. Real estate attorneys are not considered essential for closing in the state of Illinois. Looking to sell a house “as is” in Illinois?

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As-is Purchase and sale agreement Investor Closing costs 91