Realty Biz

JULY 1, 2023

Depending on how far along in the escrow process you are, this can be done in a variety of ways: Providing a deposit - If you have not yet made an offer on a home, consider providing an earnest money deposit as your first step. According to Forbes Advisor, the required credit score for a mortgage depends on the type of loan you are seeking.

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Real Trends

AUGUST 8, 2022

In today’s market, with quickly rising interest rates, some agents are finding themselves with this unfortunate situation more often than usual. Deals fall through for several reasons including the following: Issues are found during inspection: A home inspection may reveal issues with the property causing the buyer to back out.

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Windemere Selling

MARCH 14, 2022

As a seller, it’s important to be transparent in listing any issues with the home. This is why many sellers find a pre-listing inspection to be beneficial: it provides transparency about the home’s condition ahead of time and can help to streamline the buying process, which can be especially helpful when selling in competitive markets.

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Windemere Buying

AUGUST 31, 2022

In a seller’s market , competition amongst buyers is high. Escalation clauses, bidding wars , and all-cash offers become commonplace as potential home buyers compete for a limited number of listings. To sweeten their offers in such market conditions, buyers will typically waive their contingencies. Home Sale Contingency.

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Realty Biz

MARCH 8, 2021

iBuying company Opendoor is responding to a slump in its business by helping customers who need to secure financing to buy a home make cash-backed offers that can improve the chances of their bid on a home being accepted. Opendoor will then buy the home itself, with cash, if the buyer’s financing request is rejected.

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HomeLight

JULY 31, 2020

These are the top home closing delays that could affect if and when you close on your new home, and how to overcome them. Loan approval. For most buyers, financing a home through a bank or lender with a mortgage loan is necessary to purchase the property. Image Source: (Shutterstock.com/Chokniti Khongchum).

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First Team Real Estate

DECEMBER 7, 2020

Here’s how to review details in a tidy, orderly manner so you can make sense of your home sale. Amidst a continuous pandemic, seller’s markets are still holding strong throughout the nation. Pre-approval: These days, being pre-approved for a loan is basically a requirement in competitive markets.

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Redfin

MARCH 3, 2022

Unless you’re submitting an all-cash offer, you’ll need to obtain financing to purchase your home. It’s recommended to get pre-approved before house hunting to give yourself a realistic idea of how much home you can afford ; however, a mortgage pre-approval doesn’t guarantee that your loan application will be approved.

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HomeLight

NOVEMBER 9, 2021

If you need to sell your home pronto, now is a great time. 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). Just how fast can you sell your home? Condition of your home.

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Purchase and sale agreement Home sale contingency Title search Inspection 80

HomeLight

APRIL 21, 2022

To help you evaluate your first offer, we’ll walk you through key consideration points, how to weigh the strength of the offer, encourage you to assess your objectives, and how to factor in market conditions. You found your new home and want to avoid carrying two mortgages. Your house has been on the market three months or more.

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HomeLight

JUNE 30, 2021

Even as an agent with over 400 homes under my belt and 11 years of experience, I would never buy in a market in which I’m not licensed without a real estate agent,” says Jessica Arledge , a top agent who works with over 76% more single-family homes than the average Savannah agent. Be careful with this one, though!

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HomeLight

MARCH 21, 2022

While selling to a We Buy Houses company offers a number of conveniences, house-buying businesses typically pay less than market value for the homes they purchase, and sometimes significantly so. They are another legitimate option for selling your home in the markets where they make purchases. House flippers.

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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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HomeLight

MARCH 31, 2022

The seller’s market continues to boom in Florida. Early 2022 data from Florida Realtors® indicates a 23% increase in median sales price and a 33.3% drop in median time on the market. Once you’ve seen what’s required, you can roll up your sleeves and get started with your FSBO sale in Florida. Get Estimate.

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Purchase and sale agreement Inspection Title MLS 85

HomeLight

MARCH 13, 2023

Perhaps your Metro West resort-style condo isn’t bringing in the revenue you expected as a vacation rental and you don’t want to invest more money to list it on the market. Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. Need to Sell Your House Fast in Orlando?

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HomeLight

APRIL 29, 2022

When you are ready to sell your home, the top online real estate companies can help meet all your immediate needs. As a seller, you will be able to find a top agent, market your home’s amenities, provide photos, and give valuable information about your property to a large audience of potential buyers.

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HomeLight

NOVEMBER 21, 2022

In recent years, the hot South Carolina real estate market and a steep rise in equity added extra incentive to maximize profits. Impulsive home purchases also weren’t unheard of during the pandemic, so maybe you haven’t owned your South Carolina home very long and are concerned about covering the cost of selling your house.

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HomeLight

APRIL 26, 2023

We’ll also provide a comprehensive overview of the full process to prep, market, and close on your home without the assistance of a real estate agent. If you don’t have the time or expertise to list your home FSBO, partner with a trusted, top agent in your Alabama market. less than agent-marketed sales.

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