Real Trends

DECEMBER 27, 2022

How often does a pending home sale fall through? A pending sale may be referred to as “under contract” by some real estate agents. A sale is considered pending until the seller formally accepts an offer from a buyer. It should be reassuring for all real estate agents that not many home sales fall through.

Sales 60

Sales Home sale contingency Pre-approval Inspection 60

Realty Biz

MARCH 13, 2024

While rising prices and mortgage rates present challenges, it’s still possible to find your dream home with the right strategy. This article explores the key factors home buyers need to know about the Maryland housing market this year. Check multiple times per day as inventory moves fast. But don’t let down your guard just yet.

Pre-approval 91

Pre-approval Marketing Inspection Closing costs 91

HomeLight

MAY 8, 2024

As is” is a type of home sale where it’s understood that no improvements will be made to the property. An as-is sale may also indicate that the functionality and longevity of specific home components, such as the water heater or the roof, are in less than perfect condition and may need considerable repair.

As-is 83

As-is Inspection Finance Residential 83

Housing Wire

APRIL 22, 2024

You’ll want to include the list price, sale price, and days on market. Your neighbors at (address) just sold their property for (sale price). I’m sure you’ve seen the for sale sign in the yard at (address). This property is currently listed for (asking price) and came on the market on (listing date).

Brokerage 334

Brokerage Investor Agents Pre-approval 334

HomeLight

NOVEMBER 9, 2021

The recent housing market has been hot and competitive due to an extreme lack of inventory. For a seller in a hurry, the shortage of homes means you can anticipate fewer days on market (DOM). How it might take 12-75 days to sell your home. What do days on market mean? Direct Buyer (Simple Sale).

Purchase and sale agreement 80

Purchase and sale agreement Home sale contingency Title search Inspection 80

HomeLight

APRIL 11, 2024

We have seen a slight increase in out-of-state sales in the last three years,” Marchesiello adds. As is” is a type of home sale where it’s understood that no improvements will be made to the property. I think there’s a potential lock on financial profitability on the sale when we highlight the as-is term.

As-is 84

As-is Inspection Finance Investor 84

HomeLight

JANUARY 22, 2024

This oftentimes will have to do with unique circumstances that don’t really lend themselves to renovating a property for sale. Sell 'As Is' With a Cash Offer in Virginia HomeLight’s Simple Sale platform will provide a no-obligation, all-cash offer for Virginia homes in almost any condition. Which types of homes are sold ‘as is’?

As-is 84

As-is Inspection Renovation Equity 84

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.

As-is 91

As-is Inspection Finance Investor 91

HomeLight

MARCH 18, 2022

However, you aren’t the first seller to need a housing market express lane , and you do have options to improve your shot at a quick sale. Here’s an in-depth look at how you can sell your house in as few as 7 days. Selling your house for cash is a creative way to land a quick sale. Compare against an open market sale.

Inspection 93

Inspection Investor Sales Agents 93

HomeLight

FEBRUARY 13, 2024

Price too high, and you risk your home sitting on the market; too low, and you might not get the full value of your investment. Here’s how to strike the perfect balance: Analyze comparable sales in your area: Look at recent sales of homes that are similar to yours in terms of size, age, condition, and location.

Staging 82

Staging Inspection Agents Sales 82

Realty Biz

DECEMBER 19, 2023

Factors driving cash home buying in Milwaukee include the rise of real estate investment companies, the desire for quick sales, and the appeal of renovation opportunities. No contingencies: Cash buyers won't require an appraisal or inspection, which can speed up the process and save you money.

Purchase and sale agreement 84

Purchase and sale agreement Finance Inspection Renovation 84

HomeLight

DECEMBER 29, 2023

Fast facts about selling a house ‘as is’ in Oklahoma Median sales price in Oklahoma $235,000 Average days on market (DOM) for Oklahoma 44 days Disclosures Oklahoma law requires sellers to disclose material facts about the property through the Residential Property Condition Disclosure Statement.

As-is 86

As-is Inspection Finance Investor 86

Realty Biz

JULY 6, 2022

Sellers are driving the market and often get more than the asking price. Falling sales prices are a clear indicator that the seller’s market is losing steam. The comparable sales will often be based on a different market. The Number of Homes For Sale Rises. Homes Take Longer to Sell.

Home sale contingency 136

Home sale contingency Marketing Inspection contingency Inspection 136

Real Trends

MAY 15, 2023

According to both reports, any of the sellers willing to give up their 2-3% mortgage rates are most likely moving because they have to. In May there were 4,682,670 home sales with an average sale price of $220,00. According to ATTOM’s report, May, June and April are the best months to sell your home.

Agents 89

Agents Inspection Days on market Marketing 89

HomeLight

SEPTEMBER 1, 2022

We can’t always predict what the future holds — let’s be honest, we probably didn’t see ourselves locked down because of a pandemic or foresee the crazy real estate market that followed. Median home sale prices in California increased by 5.4% of the mortgage loan amount. of the mortgage loan amount. Jumbo loans.

Earnest money deposit 86

Earnest money deposit VA loan FHA loan Loans 86

HomeLight

DECEMBER 29, 2023

Fast facts about selling a house ‘as is’ in Minnesota Median sales price in Minnesota $334,900 Average days on market (DOM) for Minnesota 32 days Disclosures Minnesota law requires sellers to disclose material facts about the property through the Minnesota Seller’s Property Disclosure Statement.

As-is 87

As-is Inspection Finance Investor 87

HomeLight

DECEMBER 31, 2023

Fast facts about selling a house ‘as is’ in Arizona Median sales price in Arizona $430,990 Average days on market (DOM) for Arizona 56 Disclosures Arizona law requires sellers to disclose material facts about the property through the Residential Seller’s Property Disclosure Statement (SPDS) MLS has a field to mark a listing “as is”?

As-is 78

As-is Inspection Finance Loans 78

HomeLight

MAY 24, 2022

If you live in a state or municipality that doesn’t allow you to sell a home without a working septic system, then you will have to repair or replace it before the sale. First things first: Get your septic system inspected by a certified inspector — a private contractor, someone from the health department, or a wastewater professional.

Inspection 105

Inspection Due diligence Agents Investor 105

HomeLight

JANUARY 3, 2023

Higher interest rates have been cooling the housing market nationwide, and real estate in Colorado is no exception. Inventory is starting to rise along with the average number of days on market as of September 2022. Year-over-year, monthly sales in the Phoenix metro area were down nearly 25%.

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Purchase and sale agreement Inspection MLS Inspection contingency 92

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. But, the seller has an advantage in that particular market, ” according to Alicia Sierra , a top St. Which types of homes are sold ‘as is’?

As-is 83

As-is Inspection Finance Investor 83

HomeLight

AUGUST 25, 2020

The overarching question, as you make your way down your pre-sale checklist , is likely something along the lines of: “How long is this going to take?”. 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. Your sale could be different.

Closing 117

Closing Pre-approval Inspection Days on market 117

The Close

FEBRUARY 20, 2024

When supply exceeds demand, we see a buyer’s market. This phenomenon means there are fewer buyers than there are homes for sale. Competition is lower for a home, and the number of days on market increases for listings. A buyer’s market can be determined by calculating the months of inventory.

Marketing 92

Marketing Debt-to-income ratio MLS Pre-approval 92

HomeLight

AUGUST 24, 2022

According to Todd Auslander , who completes 27% more sales than the average Stamford, Connecticut agent, selling a house ‘as is’ in Connecticut is mostly done when the owner inherits the house, lives out of state, or the house is in really bad condition. Median sales price in Connecticut. Median sales price in Connecticut.

As-is 92

As-is Inspection Investor Closing costs 92

HomeLight

APRIL 27, 2023

When you need to sell your house fast in Texas due to life’s unexpected twists and turns, such as experiencing a divorce, the loss of a loved one, or struggling to make your mortgage payments, you have two options to sell your home quickly: 1) seek a cash offer or 2) recruit a top real estate agent. The company has 4.6

Inspection 80

Inspection Investor Closing Staging 80

HomeLight

APRIL 21, 2022

After listing your home for sale, you eagerly, nervously … anxiously await the news that someone wants to buy it. You found your new home and want to avoid carrying two mortgages. Your house has been on the market three months or more. Contingencies : Various types of purchase contingencies can delay a sale.

Inspection contingency 102

Inspection contingency Home sale contingency Pre-approval Agents 102

HomeLight

SEPTEMBER 27, 2022

After new home sales set records in 2021 , the Texas housing market cooled in recent months, generally seeing decreases for homes under $400,000 that offset increases for homes priced over $750,000. Prepping your home for sale. Pre-listing inspection, if desired or needed: $279 to $400. What's Your Texas Home Worth?

Seller concession 66

Seller concession Closing costs Homeowner’s association Title 66

HomeLight

DECEMBER 10, 2021

And while meditation and yoga have many health benefits, you should also approach your home sale holistically. Difference in age could mean difference in budgets and prequalified mortgages, which could affect how you determine your best selling price. Cut, clean, declutter and wash because the sale — not the devil — is in the details.

Inspection 85

Inspection Agents Days on market Sales 85

HomeLight

MARCH 30, 2021

Some people just focus on a home inspection and that’s not enough. Days on market: The speed at which houses are selling can be telling. If houses are sitting on the market for a while, you may get a better deal … but is there a reason why buyers are shying away from a particular area? Get an inspection.

Due diligence 100

Due diligence Inspection Title Pre-approval 100

HomeLight

MAY 23, 2022

“Either there are a couple of issues with the house that they want to disclose but not necessarily repair or they’re selling a house as part of an estate sale and don’t know a lot about it.”. HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. Median sales price in Wisconsin.

As-is 101

As-is Inspection Investor Closing costs 101

HomeLight

MAY 19, 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 Maryland. Average days on market for Maryland. Sell 'As Is' With a Cash Offer. Request Cash Offer. Disclosures.

As-is 94

As-is Inspection Investor Closing costs 94

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. Often, the decision to go for sale by owner (or “FSBO”) is motivated by a desire to save on agent commissions. That 6% is deducted from the seller’s proceeds at closing.

Purchase and sale agreement 72

Purchase and sale agreement Inspection Title Inspection contingency 72

HomeLight

DECEMBER 2, 2021

Depending on other factors such as your location, your home’s condition, and current market conditions, that estimate can run up to 10%. We break down what the cost of a home sale could look like based on the average U.S. home sales price of $453,300, as reported by the Federal Reserve Bank of Saint Louis. Home pre-inspection.

Seller concession 106

Seller concession Staging Inspection Renovation 106

HomeLight

MAY 23, 2022

Josh Muncey , a real estate agent with over $500 million in career sales and 16 years of experience selling in greater Boston, Massachusetts, says, “it’s hard to find a market in the Boston area that’s not feeling red hot lately.”. HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition.

As-is 86

As-is Inspection Investor Sales 86

HomeLight

MAY 23, 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 Indiana. Average days on market for Indiana. Sell 'As Is' With a Cash Offer. Request Cash Offer. Disclosures.

As-is 90

As-is Purchase and sale agreement Inspection Closing costs 90

The Close

DECEMBER 29, 2022

Furthermore, in today’s market, understanding our complex mortgage industry could actually help you close more deals and maybe even save clients money. So we’ve included a handy download with questions your clients should ask their mortgage broker. Adjustable-rate mortgage (ARM). Active contingent.

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Purchase and sale agreement Title Proof of funds Pre-approval 98

HomeLight

JUNE 8, 2021

If you don’t have the patience for this timeline, including the 49 days you’ll spend waiting for a traditional buyer’s mortgage to wrap, you’ll need to get creative with your plans. Myles Daniel , a real estate investor in Greenville, SC, spoke with HomeLight about the types of challenges or situations that can require a fast sale.

Short sale 107

Short sale Agents Sales Days on market 107

HomeLight

FEBRUARY 8, 2023

Instead, she says it’s best to price a home at the market value to attract more buyers, and then multiple bids could potentially drive up the ultimate sale price. Once you’ve accepted an offer on your New York State home, you’ll have to deduct all of the expenses associated with the sale to arrive at your total proceeds.

Purchase and sale agreement 78

Purchase and sale agreement Inspection Investor Agents 78