Redfin

MARCH 12, 2021

As you close in on making an offer on a home, your real estate agent – or the seller’s agent – will ask about “earnest money.” Earnest money is a type of security deposit, also known as a “good faith” deposit, offered to show the seller of a home that you’re serious about purchasing the property.

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Redfin

JUNE 21, 2023

From relationship building to conducting due diligence, you’ll be equipped with the knowledge and strategies to enter the world of real estate investing and buy your first investment property with ease. If so, you’re in luck because this Redfin article is tailor-made just for you. Let’s get started!

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HomeLight

OCTOBER 17, 2022

To help you navigate these murky waters, we spoke with a top real estate agent in Georgia and researched Georgia home seller requirements to answer some of the most common disclosure questions. Find a Top Agent to Help You Navigate Disclosures. Find Agent. What is a seller’s disclosure? When transferring real estate in the U.S.,

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CT Homes

MAY 29, 2020

Contingency periods should not be unnecessarily long, and should fall in the range of 3 to 10 days depending on the complexity of any necessary due diligence. The earnest money deposit should be substantial and submitted to escrow within 72 hours of offer acceptance or sooner. Access to Capital.

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CT Homes

OCTOBER 30, 2020

Real estate agents are vital in most transactions, but there are times when selling on your own could benefit your bottom line. Real estate agents are vital in most transactions, but there are times when selling on your own could benefit your bottom line. Throughout the country real estate is exploding.

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Realty Biz

FEBRUARY 20, 2021

Home inspection: often called a due diligence contingency, will give the buyer rights to have the house inspected. Contingencies in Real Estate Explained. Do you know what a real estate contingency is and how it works? We will take an in-depth look at the most common real estate contingencies you need to understand when buying a home.

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Realty Biz

NOVEMBER 11, 2020

How your real estate agent markets your property when an offer has been accepted can have vital implications. For example, some agents will mark your home contingent, while others will mark pending. They will also get their earnest money deposit back , and the home will go back on the market. Appraisal Contingency.

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Realty Biz

SEPTEMBER 14, 2023

Their responsibilities vary depending on the buyer, seller, or lender involved, as well as state requirements and complexities of the transaction. Hiring a reliable real estate attorney is essential for a smooth and legally sound transaction. I have written about what real estate attorneys do for sellers. Now, we will focus on buyers.

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HomeLight

OCTOBER 5, 2020

You definitely don’t want to overpay, especially considering you might need to pour a lot of money into repairs and other problems once the home is yours. To help you calculate how much a foreclosed home might sell for at auction, we talked to expert real estate agents with years of experience in the field of foreclosures.

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HomeLight

JUNE 23, 2022

If you need assistance navigating the legalities of keeping earnest money from a real estate transaction, HomeLight always encourages you to reach out to your own advisor. What is earnest money? Earnest money is often referred to as a “good faith” deposit.

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HomeLight

APRIL 19, 2021

Condos cost 30% more on average than co-ops,” says Dylan Hoffman , a local agent with over 19 years of experience, who’s sold 37% more properties than the average New York agent. We interviewed real estate experts with decades of experience to help you win a bid on your own home in Manhattan’s hyper-competitive, fast-paced market.

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HomeLight

JULY 26, 2022

But this sign looks different from the real estate agent signs you usually see and it lists the homeowner’s contact information. A “for sale by owner,” or FSBO (pronounced “fizz-bo”) home, is a home that is being sold by its owner who hasn’t hired a listing agent. Is it a yard sale? A political sign? A contractor’s information?

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HomeLight

AUGUST 9, 2022

With the help of real estate experts, we’re breaking down all the details for how much you should pay and when the down payment is due. When is the down payment due? But that doesn’t mean the money will leave your account just yet. To make a long story very short, your down payment is officially due at the time of closing.

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HomeLight

APRIL 30, 2021

1 buyer is obviously the cash buyer” explains top Long Beach , California agent Ramon Sanchez , who works with 77% more single-family homes than the average area agent. “So Because of the due diligence involved with issuing mortgages, it takes a lot longer to close on a home with one. First-time buyers.

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HomeLight

OCTOBER 30, 2020

All-cash offers are beloved by sellers and real estate agents alike — and they’re more than three times as likely to be chosen from the pack. We talked to two top real estate agents to walk us through what can hold up even an all-cash deal. Suddenly, you have less money than you realized. Why do sellers love cash so much?

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HomeLight

MARCH 22, 2022

It’s an attractive location if you have a family and want a lot of space,” says expert real estate agent Madison Griffith with Ginger & Co. It can be challenging, but a good agent will work to find a place at the price you need,” Griffith shares. North Carolina continues to stand out as a top destination for homebuyers.

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HomeLight

OCTOBER 15, 2020

From its role in the Civil Rights movement to its growing reputation as the Hollywood of the South , new residents have flocked to Atlanta for decades. People come for the wealth of jobs (Atlanta is home to Fortune 500 companies such as Delta Air Lines, Coca-Cola, and Home Depot), the four-season climate, and the affordable cost of living.

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HomeLight

MARCH 16, 2023

We get a massive amount of investors coming to us looking for us to help them with investment properties, and a lot of them are cash,” says James Krueger , a top-performing real estate agent who sells properties 42% faster than the average Houston agent. The newbie with little experience doesn’t have the money to keep it long term.

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HomeLight

JUNE 9, 2023

If a buyer asked you to front them the money to buy your house from you, you’d think they were crazy. Connect with a top agent near you to get an expert opinion on how much your house will sell for, what to fix before listing, and the latest local housing market trends. Selling your house soon? Learn More What is owner financing?

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HomeLight

OCTOBER 29, 2020

Choosing a qualified agent and searching for the perfect home in terms of ideal size, location, price, and condition can already feel like a journey, but making an offer on a property is when the challenge really begins. Is it an understatement to say that buying a house can be a complicated process? Source: (JJ Badenhorst / Unsplash).

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HomeLight

MAY 24, 2022

If you only pay cash for the down payment, and take out a mortgage for the remainder of the purchase price, it keeps more money in your pocket. Byron Ford , an agent in New Bedford , Massachusetts, works with 76% more single-family homes than other agents in his area. Real Estate Agent. Why pay cash for a home?

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HomeLight

JULY 31, 2021

The bills are stacking up or perhaps you lost some income recently, and the money tied up in your home would help a ton at a time like this. turn four walls and a roof into money in the bank, without the need for inconvenient showings, nail-biting appraisals , or a 50-day closing. What you have is a house. What you need is cash.

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HomeLight

SEPTEMBER 1, 2022

With the help of Daniel Real , a top agent in Modesto, California who works with 75% more single family homes than the average Modesto agent , we’ll give you the information you need to succeed as a California homebuyer. Real Estate Agent. Real Estate Agent at PMZ Real Estate. But, it doesn’t have to be! Daniel Real.

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The Close

DECEMBER 29, 2022

Whether you’re a veteran agent or a rookie hoping to sound authoritative during your first transaction, you need to be able to succinctly explain common real estate terms and definitions to your clients. It might feel stressful, but handling contingencies well is actually a time when you, as the agent, can really shine.

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