HomeLight

MARCH 30, 2022

Investors making a cash offer are more likely to purchase a house as-is , so you can cut costs for renovations , staging , and curb appeal projects. You’ll avoid the inconvenience of showings, open houses, and renovations. Simple Sale, a solution from HomeLight, has a network of real estate cash buyers on its platform.

Sales 101

Sales Investor Renovation Due diligence 101

HomeLight

FEBRUARY 26, 2021

According to the 2020 Profile of Home Buyers and Sellers from the National Association of Realtors (NAR), 44% of buyers who purchased new homes did so to avoid renovations and problems with plumbing or electricity. A home inspection is part of a buyer’s due diligence. Enter real estate disclosures. How to get a cash offer.

As-is 101

As-is Sales Inspection Investor 101

HomeLight

AUGUST 24, 2022

There are plenty of reasons to have a real estate agent in your corner — visibility in the MLS , help with stagings and showings, assistance with negotiations and contracts, to name just a few — and now you can add sourcing a cash buyer to the list. Do your due diligence. Our network of experts shared some insider tips.

Purchase and sale agreement 106

Purchase and sale agreement Title search Proof of funds Title 106

HomeLight

APRIL 30, 2021

Any renovations and upgrades. Sales history and value adjustments over the years. Once the agent has done due diligence on the focal property, it’s time to widen the scope to see how it measures up to the surrounding homes. Type of heating, cooling, and roofing systems. Highlights and features (i.e,

Agents 77

Agents Marketing Due diligence Sales 77

HomeLight

JANUARY 25, 2021

According to a survey over 2,000 adults from real estate brokerage Coldwell Banker, 80% of Americans say they would prefer to buy a turkey home over one that requires renovations. She checks sold comps to see what renovations provide the best return on investment so she’s not tempted to over-improve a property. Next steps.

Purchase and sale agreement 106

Purchase and sale agreement Investor Inspection Due diligence 106

HomeLight

JULY 31, 2021

They can purchase a property at a discount, providing value through a quick sale to the owner, and leverage their funds and expertise toward a profitable renovation. This gives us a good idea of the condition of the property, so we know where we can provide value in the sale. In need of renovations or updates. Good bones.

Earnest money deposit 98

Earnest money deposit Inspection Proof of funds Inspection contingency 98

HomeLight

SEPTEMBER 1, 2020

You can buy a short sale, or you can buy a bank-owned property — but the foreclosure is just what’s happening in the process.”. Bank-owned homes may not be the best-staged or the most recently renovated. First, it’s worth noting that the term “bank-owned foreclosure” is a bit of a misnomer.

Banks 86

Banks Inspection contingency Inspection FHA loan 86