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Insights Into The Maryland Housing Market: Trends And Forecasts For 2024

Realty Biz

This article explores the key factors home buyers need to know about the Maryland housing market this year. Getting Pre-Approved For A Mortgage In a seller’s market like Maryland, getting pre-approved for a mortgage loan should be one of the first steps for hopeful buyers. For minor fixes, request a credit at closing.

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Buyer’s Market vs Seller’s Market: What’s the Difference?

The Close

In real estate, the market is tied to the basic economic rule of supply and demand, which determines if a market is a buyer’s market vs seller’s market. Sure, certain seasons might have more foot traffic than others, but the housing market could vary drastically from neighborhood to neighborhood.

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What Does Contingent Mean in Real Estate?

HomeLight

A property listed as “contingent” in real estate means the seller has accepted an offer, but the deal isn’t fully closed yet. These conditions can be anything from the buyer securing a mortgage, the home inspection clearing, or the sale of the buyer’s current home. What are the most common contingencies?

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Countdown to Closing: How Long Does it Typically Take to Sell a House?

HomeLight

home was on the market for an average of 24 days , with Ellie May estimating an average of 46 days to close on a purchase loan. That’s 70 days — or a little over two months — from listing to closing. In fact, 24 days from list to offer is pretty swift, historically speaking.

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Selling a House ‘As Is’ in Louisiana

HomeLight

However, it’s important to note that selling a house “as is” usually means accepting a lower offer than if you sold on the traditional market. Real estate attorneys are not considered essential for closing in the state of Louisiana Real estate transfer taxes? No Is a real estate attorney required?

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Download these 9 real estate prospecting letter templates that actually work

Housing Wire

If you opt for the handwritten note option, I’d shorten this by removing the last paragraph and jumping straight from the data to the closing sentence. You’ll want to include the list price, sale price, and days on market. This property is currently listed for (asking price) and came on the market on (listing date).

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Why Milwaukee is a Hotspot for Cash Home Buyers: Trends and Insights

Realty Biz

With a booming real estate market, affordable neighborhoods, and attractive investment opportunities, Milwaukee has become a hotspot for those looking to buy homes for cash or sell houses fast in Milwaukee for cash. But what exactly is driving this trend, and what insights can we gain from the local market?