Norada Real Estate

APRIL 20, 2023

Can a seller accept another offer while under contract? If a house is under contract, can I still make an offer? When a seller accepts an offer from a buyer, they sign a contract that outlines the terms of the sale. Can a Seller Accept Another Offer While Under Contract?

Backup offer 52

Backup offer Due diligence Finance Inspection 52

GeekEstate

FEBRUARY 23, 2024

Finalists are divided into three categories (Construction & Design, Finance, and Policy & Regulatory Reform) and have demonstrated innovative, achievable, and scalable solutions to the housing affordability crisis. They recently announced the Top 25 Finalists for the 2024 Ivory Prize for Housing Affordability.

Construction 67

Construction Finance Land Design 67

Toronto Realty Blog

AUGUST 25, 2023

In one of our company meetings, an agent was announcing a listing he had and he said to the group, “…and the seller is willing to take back a mortgage if anybody has a buyer who’s interested.” I honestly hadn’t seen much in the way of unique mortgage offerings until a few weeks ago, or maybe a couple of months.

Mortgages 82

Mortgages MLS Commercial Banks 82

Toronto Realty Blog

SEPTEMBER 25, 2023

They are certainly not the first to try this and will almost certainly not be the last, but their tech offering quickly became more of a simple valuation assurance for your property, and from there it manifested into a guaranteed purchase option for sellers looking to buy before selling.

Brokerage 97

Brokerage Industrial MLS Equity 97

GeekEstate

SEPTEMBER 20, 2022

Inspectify : Through its vertically integrated product offering, Inspectify enables scale for property acquisitions through our nationwide network of home inspectors and contractors. The post iOi Pitch Battle Participants Announced appeared first on GeekEstate Blog. at the JW Marriot L.A. Interested in attending next week?

Inspection 119

Inspection Property Management Technology Agents 119

Toronto Realty Blog

NOVEMBER 14, 2022

A listing agent telling me, “Don’t forget, our offer day is Tuesday,” on their sixth listing, over five months, and this marking the second time they have under-listed the house and held an offer night – that’s ridiculous. Then again, examples are always worthwhile. ” I read the article twice.

Purchase and sale agreement 81

Purchase and sale agreement Brokerage Agents Finance 81

Toronto Realty Blog

JANUARY 27, 2023

I’ve written blogs about “escape clauses” before, but for those that don’t know what it is, perhaps a refresher is needed. As it sounds, the clause allows you to “escape” from your conditionally-accepted offer. You, being the seller , that is. SCE What in the world is that?

Purchase and sale agreement 77

Purchase and sale agreement Sales MLS Closing 77

HomeLight

JUNE 14, 2023

An escalation clause allows you to automatically increase your offer, ensuring that you remain ahead of competing bids without having to constantly revise your offer price. Conversely, sellers hoping to attract the highest offers can use escalation clauses to increase their selling price. Step one: Talk to an expert!

Finance 70

Finance Agents Proof of funds As-is 70

Notorious ROB

APRIL 5, 2023

Anytime you buy or sell something, there are three processes that have to happen: Execution : the buyer agrees to buy and the seller agrees to sell. For real estate, the Execution step is when a Sales Contract is signed — that’s when a seller agrees to sell and the buyer agrees to buy the property. What Makes DPX Unique?

Purchase and sale agreement 97

Purchase and sale agreement MLS Brokerage Agents 97

Toronto Realty Blog

MARCH 30, 2022

I read the comments on the blog most of the time, just so you know. I recognize how political in nature my blogs have become and while this might have come with age and maturity, I also think it’s a by-product of where we are as a society, and how much the topic of “real estate” affects us. The topics come to me.

Purchase and sale agreement 74

Purchase and sale agreement Inspection Finance Construction 74

Toronto Realty Blog

SEPTEMBER 13, 2023

Believe it or not, I don’t have a never-ending bucket of topics for the blog. And when I’ve got a great topic or story for the blog, I do not want to forget. TorontoRealtyBlog Did I ever tell the story about how a colleague of mine, in her first year of real estate, sold a house to a homeless person?

Inspection 85

Inspection Agents As-is Banks 85

Toronto Realty Blog

JUNE 2, 2021

I’ve always strived to bring truth and transparency to Toronto Realty Blog, and while the readers and the general public have appreciated it for fourteen years, don’t ever underestimate the flak I take behind the scenes. I recently read that “In a perfect world, every offer made on a property would be conditional.

Pre-approval 97

Pre-approval Inspection Purchase and sale agreement Due diligence 97

Toronto Realty Blog

AUGUST 30, 2023

Consider that developers will aim to sell 80% of the units before they ever get a shovel in the ground, both in order to get financing, but also to ensure the project is viable, but also because they want to hold back a few units to sell in 4-5 years when the project is done. ” We were in shock. It made absolutely zero sense.

Development 87

Development Agents As-is Sales 87

Toronto Realty Blog

AUGUST 11, 2021

Not so funny for those prospective tenants who keep submitting offers only to find they’re competing with six or eight other candidates, that’s for sure! With the interest level, with the number of showings, with the prices, and with the offers. Offers: 11. Conditional Offers: 2. Offers: 18. Offers: 13.

Inspection 104

Inspection Finance Agents Closing 104

Toronto Realty Blog

JULY 18, 2021

But save that for another day… I ended up with six offers on the property on our scheduled “offer afternoon,” (notice I didn’t say “offer night” because I prefer to do offers at 3pm nowadays – also a topic for another day), and they ranged anywhere from just above the list price to about 13% over.

Banks 105

Banks Agents Closing Brokerage 105

Easy Agent Pro

APRIL 30, 2021

Seller/Buyer workshops for real estate client education. Some of the same categories can be used for determining who to target for a seller seminar. First-time sellers are particularly in need of knowledge. Since they’re more relaxed, the most common “freak outs” are avoided. Senior homebuyers. Ranch/farm properties.

Due diligence 111

Due diligence FHA loan Land Agents 111

HomeLight

JUNE 16, 2023

That can mean adding a home sale contingency to their offer, which makes it weaker and less attractive to sellers, or finding temporary housing between transactions. Let’s take a closer look at Flyhomes’ main offerings and as well as how the company has been reviewed by past customers.

Home sale contingency 89

Home sale contingency Staging Loans Closing 89

Windemere Buying

JANUARY 25, 2023

This blog post contains contributions from Penrith Home Loans. A mortgage rate buydown is a form of financing that allows you to secure a lower interest rate on your mortgage by paying more money upfront in the form of discount points, also known as mortgage points, at closing. What are mortgage buydowns?

Mortgages 94

Mortgages Loans Principal Closing costs 94

Real Trends

APRIL 21, 2022

In a letter posted on Zillow Group ’s blog page on Wednesday, SVP of business operations Stephen Capezza told agents that Zillow would be moving to a “post pay” or “success fee” payment structure in Raleigh and Denver. The percentage an agent pays depends upon the sale price of the property.

Agents 115

Agents Finance Loans Design 115

HomeLight

MARCH 28, 2022

Agent referral services, iBuyers with instant cash offers, and home trade-in programs, have all played a role in making home buying a selling faster and more convenient. Finally, the independent finance site Moneyunder30 rated HomeLight 9/10. The finance site caters its advice to young adults. For home sellers.

Agents 92

Agents MLS Finance Sales 92

HomeLight

DECEMBER 2, 2022

We Buy Houses companies in Gainesville, Florida make all-cash offers for homes that often need some work, enabling sellers who lack the time, expertise, and money for repairs to move quickly and receive the cash proceeds from their home sooner if they need it. Receive your offer within a week and close in as little as 10 days.

Purchase and sale agreement 82

Purchase and sale agreement Closing costs Closing Investor 82

Windemere Buying

JULY 20, 2022

In a seller’s market , many buyers are competing for a limited number of homes. This creates fierce competition amongst buyers and ideal selling conditions for sellers. Sellers will commonly receive multiple offers for their home, often over their original asking price. Pre-approval gives you credibility as a buyer.

Pre-approval 52

Pre-approval Inspection Closing Loans 52

Marco Santarelli

OCTOBER 23, 2023

In this blog post, we will explore some of the ways you can find homes under 50k in California , and where to look for them. Therefore, it is always advisable to verify the availability and condition of the property with the listing agent or owner before making an offer. How to Find Homes Under 50k in California?

Due diligence 52

Due diligence Banks Short sale Sales 52

McKissock

DECEMBER 14, 2021

The standard residential appraisal report form’s definition of Market Value states in part: “ Implicit in this definition is the consummation of a sale as of a specified date and passing of title from seller to buyer under conditions whereby: buyer and seller are typically motivated…”.

Marketing 80

Marketing Sales Finance Title 80

Norada Real Estate

JUNE 22, 2022

Financing turnkey rental properties is the most difficult question to solve for a buyer with no experience in the real estate market. ” But, if an investor does not have that much cash in hand, finance is required to meet the purchase price of an investment property. What is a Turnkey Rental Property?

Finance 96

Finance FHA loan Investor Loans 96

Toronto Realty Blog

JUNE 15, 2022

2) Sellers hand-picked their closing date. I’ve written blogs on “selling before buying” on a couple of occasions, but for the most part, I’d estimate that 95% of our clients will buy before selling. We also expected that the seller would simply give us a closing date, and we’d make do.

Closing 75

Closing Purchase and sale agreement Pre-approval Agents 75

Broke Agent Media

APRIL 1, 2023

I asked ChatGPT to write this blog for me, but it spat out pure garbage. For example, you could say something like, “Did you know that homes sell for 30% more if the seller follows you around during the showings and explains everything about the house to the buyer!?” Until then, here are my April content ideas for agents!

Agents 96

Agents As-is Finance Design 96

Toronto Realty Blog

JUNE 30, 2021

This isn’t a building where we see the “list low, hold back offer” strategy. But that deal fell through on the fifth day of a five-day condition on financing, and we were back on the market. A few days ago, we had an offer on paper for $575,000 but it fell apart. The buyer was free to have his or her pick.

Purchase and sale agreement 119

Purchase and sale agreement Agents Closing Finance 119

Easy Agent Pro

OCTOBER 3, 2023

Perhaps you excel in negotiation skills, have extensive knowledge of a particular neighborhood, or offer exceptional customer service. Initiate dialogue by sharing valuable content that offers insight into local real estate markets. Share informative blog posts, market reports, and tips for buyers and sellers.

Agents 71

Agents Marketing Branding Development 71

Louisville Homes

OCTOBER 26, 2021

In a seller’s market , many homes for sale wind up in bidding wars. However, sellers will always prioritize buyers who are paying in cash. They won’t have to worry about financing options falling through. By bidding close to what the sellers are looking for you increase your chance of winning the bid. Cash is king.

Pre-approval 52

Pre-approval Earnest money deposit Finance Closing costs 52

Toronto Realty Blog

APRIL 25, 2022

I just couldn’t stomach the thought of putting so much effort into a blog post, when all the while, I know full well that people will skip the blog itself and head straight for the comments section to provide their two cents. At least, not a two-way discussion. Many people already have their minds made up!

Agents 90

Agents As-is Title search Marketing 90

Marco Santarelli

SEPTEMBER 6, 2020

Unlike the misconception, passive income ideas do require an upfront work to earn, like writing an e-book or building and monetizing a blog. Passive income is money that is usually (but not always) received regularly without any or only little effort. It has renewed interest in passive income ideas. What is Passive Income?

Lending 135

Lending Loans Investor Branding 135

Toronto Realty Blog

FEBRUARY 3, 2023

TorontoRealtyBlog Last night in Roncesvalles, a house on a very popular street had a set “offer date” and received six offers. Sure, we could surmise that if this was January of 2022, there would have been eight offers. All six offers were conditional. All six offers were conditional. It was slow.

Sales 75

Sales Agents As-is Marketing 75

The Close

NOVEMBER 25, 2022

As a military relocation professional, I’ve worked with hundreds of military buyers and sellers over my 15 years in real estate. This is a niche with recession-proof buyers, zero percent financing, and hot leads that need to close quickly. Easy financing through VA loans. But is it the right niche for you?

VA loan 82

VA loan Loans Loan Officer Finance 82

HomeLight

NOVEMBER 10, 2021

Disclaimer: Information in this blog post is meant to be used for educational purposes only and provide a high level overview of some of the top iBuyer programs. Or you end up bleeding cash over repairs for the furnace and roof to attract a decent offer. Request a cash offer. However, program details can frequently change.

Home sale contingency 97

Home sale contingency Sales Closing Short sale 97

Toronto Realty Blog

JUNE 7, 2023

The last house they bid on was listed for $999,900 and they felt it could sell upwards of $1,400,000, but they were only able to offer their max: $1,300,000. The house received eight offers and sold for $1,355,000. They had now made three offers and lost three times. At 5:30pm, they still had the only offer registered.

Development 67

Development Agents Pre-approval As-is 67

Toronto Realty Blog

AUGUST 10, 2020

I had one seller all set to rush to market for August 25th, but their conditional sale of a Guelph home fell through. In years past, I would be advising sellers to wait until after Labour Day. With the annual dump of listings post-Labour Day, I think it’s advantageous for some sellers to hit the market now.

Days on market 83

Days on market Sales Marketing As-is 83