Remove Inspection Remove Marketing Remove Short sale Remove Staging
article thumbnail

Definitions for Deal-Seeking Buyers: Short Sales, Foreclosures, and REO Homes

HomeLight

You may have heard that short sales, foreclosures, or bank-owned properties offer great opportunities for a steal , but what do these different terms mean, and how does the homebuying transaction work for each? What’s the difference between buying a short sale vs. a foreclosure, and where can the best deals be had?

article thumbnail

Finding and Buying Off-Market Real Estate

Realty Biz

In many American cities, the housing market is very hot. Thanks to low mortgage rates and the shift to working from home, cities like Las Vegas, Nashville, Phoenix, and Austin often have more demand for housing markets than stocks. Non-market decision The Multiple Listing Service (MLS) does not list all properties for sale.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Seller’s vs. Buyer’s Market: A Seller’s Guide to Decoding Market Conditions

HomeLight

From cocktail parties to backyard barbecues, it seems like everyone around you is talking about how hot the real estate market is. So does that mean you’re in a buyer’s market or a seller’s market? Like stock prices, the real estate market fluctuates. It can affect: How you prepare your home for sale.

Marketing 111
article thumbnail

I Need to Sell My House Fast, What Are My Options?

HomeLight

Even in today’s hot seller’s market where homes attract offers in as few as 16 days , it takes around 2-plus months to sell a house from list to close. And that doesn’t account for the weeks needed to clean, paint, and tidy up the property for its market debut. In a hot market, homes naturally sell fast.

article thumbnail

How Do I Find an REO Buyer’s Agent Who Knows Bank-Owned Home Sales?

HomeLight

In a normal home sale, if the home inspection finds issues, you can negotiate with the seller. But with an REO sale, you generally won’t get an additional discount on the price or to ask for repairs. These sales are different from normal sales. Rushing this stage could lead to a poor buying situation.

Banks 80
article thumbnail

Trying to Sell Your House in 7 Days?

HomeLight

A week is a short amount of time to accomplish any major project, let alone a task as complicated as selling a house. 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. With this route, you don’t list your home on the market.

article thumbnail

iBuyer vs. Real Estate Agent: How Do the Experiences Compare?

HomeLight

iBuyers generally offer much closer to market value for homes than house flippers. An agent assists in preparing a home to look its best through careful staging reminiscent of an eye-catching department store window display. One house, two different sales (iBuyer vs. agent). Selling through a real estate agent.

Agents 91