HomeLight

MAY 24, 2022

The recent real estate market has been head spinning, and perhaps the home that sold across the street for way over asking price has got you wondering — should I sell my house in 2022? Or the idea of cashing out the equity on your two-story home and downsizing to a single-level house sounds appealing. million in March, down 4.5%

Pre-approval 98

Pre-approval Equity Agents Closing costs 98

Realtor.com

SEPTEMBER 18, 2020

Dustin Chambers for The Wall Street Journal Americans with mortgages have accumulated nearly $10 trillion in home equity thanks to a decade of rising home prices. If they bought in the last two or three years, even if they bought five months ago, they have equity.”. American Homes 4 Rent is still buying properties off the open market.

Investor 104

Investor Equity Rent back Commercial 104

HomeLight

JUNE 30, 2021

Christina Roberto , an agent in Georgetown, Texas, who works with 78% more single-family homes than the average agent in her area, has had offers with sales contingencies accepted even in a hot seller’s market. In a hot market, sellers might be seeing offers without any contingencies, which makes a sales contingency a tough sell.

Rent back 102

Rent back Inspection contingency Earnest money deposit Finance 102

HomeLight

JULY 29, 2022

Each option may have advantages that depend on market conditions. Our Home Value Estimator tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes. Start by understanding the market. In a buyer’s market.

Debt-to-income ratio 106

Debt-to-income ratio Loans Rent back Equity 106

HomeLight

APRIL 17, 2024

Selling a home the traditional way can be stressful and time consuming, especially in a shifting market. Request Offer Editors note: Opendoor and Offerpad provide an option to list your home on the market. In normal home sales, many real estate agents are negotiating rent-back periods for home sellers.

Seller concession 91

Seller concession Inspection Rent back Closing 91

HomeLight

MARCH 28, 2022

If you purchased the home recently, such as a year or two ago, it’s possible you haven’t built up much equity yet. Home equity is a homeowner’s financial stake in their property that they own free of their mortgage loan obligation.). How’s the real estate market? It’s an extremely competitive market for buyers.”.

Purchase and sale agreement 108

Purchase and sale agreement Equity Agents Staging 108

HomeLight

OCTOBER 1, 2020

Here’s how it works: The appraiser will find at least three nearby comparable homes ( “comps” ) that are about the same size and age as yours, which were sold recently (typically within the past three to six months), and the appraiser will then use regression models and their market knowledge to come up with the value of your coveted property.

Purchase and sale agreement 83

Purchase and sale agreement Short sale Rent back Sales 83

HomeLight

JANUARY 28, 2021

A report from CoreLogic recently revealed that homeowners enjoyed an average annual equity gain of $17,000 in Q3 2020, pushing equity levels to record heights nationwide. As first timers enter the market, they don’t unlock any inventory when they make a purchase. A spike in buyer demand signals a seller’s market for many cities.

As-is 101

As-is Purchase and sale agreement Agents Equity 101

HomeLight

APRIL 27, 2022

And according to a recent survey, 83% of real estate agents expect these trends to continue into 2022, though a more balanced market may start to emerge in the second half of the year as interest rates rise. According to Kypreos, the first day on the market is the most important. Source: (3844328/ Pixabay). Connect with a Top Agent.

Renovation 94

Renovation Agents Sales Rent back 94

Real Trends

JULY 15, 2022

The situation in today’s housing market is consistent with that of the previous two years: a lower inventory of houses available for sale than the demand. Today, people who own their homes aren’t willing to spend all their equity in their house compared to 15 years ago, so they aren’t interested in lowering its price.

Loan Officer 52

Loan Officer Agents Rent back Loans 52

HomeLight

SEPTEMBER 23, 2021

The time of year and market conditions you list your home in can significantly impact your sale speed and price. Real estate is hyperlocal — you need to understand your local market’s nuances, inventory, and demand to determine the best time to sell. Analyze the market — but know you can’t predict its movements.

Rent back 76

Rent back Home sale contingency Agents Sales 76

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.

Investor 98

Investor Finance Inspection Sales 98

HomeLight

JANUARY 28, 2022

Buy-and-hold investors are individuals who offer competitive prices for market-ready homes. Unlike iBuyers and buy-and-hold investors, fix-and-flippers buy homes in poor condition for considerably less than market value. Founded in 1996, We Buy Houses is not a franchise, rather it’s a marketing program. You’ll get a cash offer.

Purchase and sale agreement 104

Purchase and sale agreement Investor Agents Sales 104

HomeLight

SEPTEMBER 30, 2020

On the flip side, the U&O can allow the seller to remain in the home for a certain amount of time after closing (also known as a “rent-back” agreement). If the seller wants to stay for much longer than that, it could end up affecting the marketability of the property. Maintain homeowner’s insurance.

Purchase and sale agreement 54

Purchase and sale agreement Closing Rent back Investor 54