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How to Sell Your Home With a Rent-Back Agreement

HomeLight

You have options, such as a rent-back agreement, aka, a lease-back deal, that would allow you to stay in the home you just sold a bit longer to give you time to find a new place, to wait for the next home to be built , or to let your children finish the school year. What is a rent-back agreement?

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The share of owner-occupants buying foreclosures has doubled — here’s why

Housing Wire

Meanwhile, innovation-driven transparency is helping to make distressed property auctions more accessible for these owner-occupant buyers as well as for local community developer buyers who, it turns out, sell most of their renovated foreclosures to owner-occupants. I rented back to the previous owner, and they are still the tenant.

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How to Make an Offer on a House in 2024 That the Seller Is Going to Love

HomeLight

They’ll know what sellers are asking for in your area — from rent-back periods to an extended close date — and what could make your offer stand out. You’ll want to know how long the current owners have lived there, whether it’s been renovated, and how long it’s been on the market.

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How Much Should You Sell Your House For? Insider Tips for Pricing it Right in 2022

HomeLight

We might need what we call a leaseback,” or a rent-back , in which the seller leases the house back from the buyer until their new home is ready. They’ll advise you on how to clean and stage the house, and even guide you on some small renovations. If you’re not up for a renovation, don’t stress.

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Thinking About Writing a Love Letter to the Seller of Your Dream Home? It’s Not Always a Good Idea

HomeLight

Avoid mentioning plans to remodel or renovate. Avoid mentioning any plans to remodel or renovate the home in your offer letter. Lanham mentioned a rent-back period, or a quick close. If the appraisal comes in low , or the home inspection reveals major issues, you might want some wiggle room for negotiations.

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Turnkey Homes for Sale Are Selling Fast in 2023

Marco Santarelli

Location Matters While properties that need major renovation and updates, like a new kitchen or bathroom and major systems, are not selling well, these problems can be overlooked if the home is in a great location. Buyers are always looking for improvements that have already been done.

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How Will Kim Kardashian West and Kanye West Divide Up Their Real Estate Empire?

Realtor.com

The couple also reportedly poured a ton of cash (upward of $20 million) into an extensive renovation over the years. It seems that Kardashian West owns the land in and around the house, but the actual structure belongs to her soon-to-be ex. Complicated! Wyoming ranch: West. Kimye’s ranch sits on 9,000 acres near Cody, WY.

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