Realtor.com

NOVEMBER 28, 2022

“There are bridge loans that will allow for short-term use of equity from your current property to serve as a down payment for the next property if this is needed. ” Current rates on bridge loans range from 6% to 16% with the idea that you’re paying off the loan as quickly as possible, as soon as your original house sells.

Marketing 119

Marketing Pre-approval Equity Finance 119

RIS Media

JULY 30, 2021

Stefan Peterson, zavvie chief data officer and co-founder, explains the impact on the typical consumer: “A Denver buyer with a traditional mortgage and a loan contingency had to make offers on an average of seven homes before winning the day.” Released recently zavvie, the report also details that iBuyers are back.

Loan contingency 101

Loan contingency Residential Loans Marketing 101

Realty Biz

JANUARY 7, 2021

Buyers and sellers often think the negotiations are complete as soon as both parties sign the purchase agreement. The fact is that another round of negotiations is frequently needed after the house is professionally inspected. The inspector’s job is never to decide if the agreed price is correct or what it should be. Negotiate a new price.

Inspection 120

Inspection Purchase and sale agreement Loan contingency Loans 120

HomeLight

APRIL 25, 2022

It seemed like it would be a lot more difficult to put them through the stress of having a sales contingency and trying to work around their schedules, making sure the house stays clean for showings and so on — it would really inconvenience their lives.”. I just 100% highly recommend the HomeLight Trade-In process.

Loan contingency 79

Loan contingency Agents Sales Finance 79

RIS Media

FEBRUARY 28, 2022

According to the report, consumers gained an advantage when working with a Power Buyer versus using a traditional mortgage with a loan contingency. iBuyers registered a breakout year in 2021, by increasing revenue fivefold year-over-year according to a new report from zavvie. Using a Cash Offers program, homebuyers averaged just 1.1

Seller concession 71

Seller concession Loan contingency Mortgages Loans 71

RIS Media

FEBRUARY 17, 2022

According to zavvie, consumers gained a huge advantage when working with a Power Buyer versus using a traditional mortgage with a loan contingency. national market share, compared with about 14,000 in 2020, when the pandemic temporarily paused iBuying—a 5x increase. Using a “cash offers” program, homebuyers averaged just 1.1

Seller concession 80

Seller concession Loan contingency Mortgages Loans 80

HomeLight

AUGUST 31, 2021

A cash offer simply means that a buyer already has the funds available to buy the house and can pay for it without securing a mortgage loan. From the seller’s point of view, it doesn’t make much difference whether the cash comes from the buyer’s personal bank account or from a mortgage loan. Updated August 31, 2021.

Due diligence 73

Due diligence Inspection Pre-approval Pre-qualification 73

HomeLight

MARCH 23, 2022

But there’s a catch: Because you don’t typically have to provide any documentation, nothing is verified, and this loan amount isn’t guaranteed. In the words of Leslie Peterson , a top agent in San Francisco , California: “It’s just a crazy market right now.”. Peterson is right. Single Family Homes. Get as far into underwriting as possible.

Pre-approval 90

Pre-approval Marketing Inspection Finance 90

Redfin

SEPTEMBER 2, 2020

You’ve been house hunting for weeks, possibly months, and now you’ve finally found a beautiful home that would be just perfect for your family. Already familiar with how to make an offer on a house , you submit what you believe is a competitive offer and anxiously wait for a response. What is a bidding war? 3) Present an all-cash offer.

Pre-approval 78

Pre-approval Loan contingency Agents Banks 78

HomeLight

JANUARY 13, 2022

You’re getting ready to call your agent to schedule a showing when you notice that the listing says the property is “active contingent.”. What on earth does active contingent mean? In this guide, we’ll take the term “active contingent listing” and break down what it means. What does active contingent mean?

Backup offer 74

Backup offer Inspection contingency Purchase and sale agreement Home sale contingency 74

HomeLight

NOVEMBER 29, 2021

Your house is spotless, if you can ignore the open house signs and marketing flyers strewn across the dining room floor. It’s time to sell your home, and you’ve made the bold decision to do so on your own — without hiring a Realtor®. Research your home’s market value and set a competitive listing price.

Purchase and sale agreement 80

Purchase and sale agreement MLS Inspection Agents 80