HomeLight

OCTOBER 1, 2020

If the appraiser only looked at sold listings while there are pending sales that might be more comparable to your would-be property, that’s something else that can affect a home’s appraised value. Short sales in the neighborhood . In some cases, short sales may be to blame for a low appraisal. So, what can you do?

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Purchase and sale agreement Short sale Rent back Sales 83

HomeLight

DECEMBER 15, 2022

Disclaimer : This article is meant to be used for educational purposes only and is not intended to be construed as financial or legal advice. If you are considering writing a letter to a seller when buying a home, HomeLight always encourages you to reach out to an advisor regarding your own situation. You’ve fallen in love… with a house.

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Inspection Closing Rent back Agents 85

HomeLight

AUGUST 26, 2021

Short answer: One to three days. You might not hear back at all, that said! Long answer: Why it can take at least a day to hear back about an offer on the house. Sellers need time to consider their options, and it could take longer than a day or week to hear back. Let’s help you set some expectations. The market is busy.

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Short sale Banks Agents Rent back 103

HomeLight

APRIL 21, 2022

Cash vs. financing : Cash offers usually result in a faster sale than mortgage-backed offers; if speed is an important aspect of the sale, this could make a significant difference. If you accept it, your sale can close in as few as 10 days, often concluding with a moving date of your choosing. Eventually, the call comes.

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Inspection contingency Home sale contingency Pre-approval Agents 102

HomeLight

NOVEMBER 10, 2021

What’s still novel? How about trying to buy a house online? While the COVID-19 pandemic accelerated adoption of digital home shopping tools, they’ve been around for some time. It is possible for homebuyers to shop for and buy a house online in which they’ve never actually set foot. But it will be different from a normal homebuying experience.

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Inspection Title Agents Pre-approval 84

HomeLight

JANUARY 4, 2022

While that still happens in scenarios where a seller can’t afford repairs or is facing serious issues with a property, cash sales have expanded beyond the distressed homes market, as sellers benefit from new technologies, instant sale platforms , and a competitive housing environment that has increased the percentage of cash offers.

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Investor Finance Inspection Sales 98

HomeLight

APRIL 29, 2021

Think back to the quiz you aced during 10th grade economics with Mrs. Patil: supply and demand. With competing buyers and rising home prices, you could net more than what recent sales in your neighborhood suggest. So does that mean you’re in a buyer’s market or a seller’s market? Like stock prices, the real estate market fluctuates.

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Marketing Sales Agents Construction 107