HomeLight

JANUARY 28, 2022

We buy houses” companies are flippers who purchase properties “as is” for cash and renovate them, generating a profit at resale. We buy houses” operations are cash buyers or house buying companies that purchase homes directly from homeowners. Need a quick sale? But no one wants to be taken advantage of, conned, or ripped off. “We

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Purchase and sale agreement Investor Agents Sales 104

Redfin

FEBRUARY 2, 2021

A seller’s market is when there are more homebuyers in a particular area looking to purchase a home than actual houses listed for sale. According to Redfin’s Chief Economist Daryl Fairweather, “mortgage rates are as low as they may ever get, so if you are able to buy a home now, you can take advantage of low rates before they rise.”

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Pre-approval Purchase and sale agreement Marketing Inspection contingency 66

Redfin

MAY 7, 2021

In a seller’s market, you may be tempted to put an offer on a home that’s contingent on the sale of your current home. For those unfamiliar with HELOC or Bridge Loans, they use your home’s equity, the difference between your home’s value and the amount owed on your mortgage, to secure the loan. But there’s always a trade-off.

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Purchase and sale agreement Marketing Equity Loans 80

HomeLight

MARCH 28, 2022

Simple Sale provides cash offers for homes nationwide for when a traditional listing doesn’t work. If you purchased the home recently, such as a year or two ago, it’s possible you haven’t built up much equity yet. Look-back: You did not exclude the gain from the sale of another house within two years from the sale of this house.

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Purchase and sale agreement Equity Agents Staging 108

HomeLight

MAY 24, 2021

Home sales have skyrocketed, and home inventory is historically low. Get preapproved for a mortgage. Ask your agent specifically about list-to-sales-price for those comps — how much the house was listed for and how much it actually sold for in the end. Shop under your maximum comfortable mortgage amount. Not so fast.

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Pre-qualification Pre-approval Purchase and sale agreement Loans 100

HomeLight

SEPTEMBER 11, 2020

The seller will either accept your offer (in which case it becomes your purchase agreement ), or will counter your offer (you can accept or counter again), or the seller could also flatly decline. Get preapproved for a mortgage. No sales contingency? The first step is to clarify your budget and establish your limit.

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Earnest money deposit Purchase and sale agreement Inspection contingency Home sale contingency 79

Redfin

JULY 30, 2020

I never would have chosen to buy a house this way, but I’d rather take a risk with my home purchase than take a risk with my family’s health,” Sanchez said. “I In New York City, some sellers aren’t even allowing buyers into their homes until they’ve been pre-approved for a mortgage, according to local Redfin agent Martin Freiman. .

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Inspection contingency Purchase and sale agreement Pre-approval Inspection 74