HomeLight

NOVEMBER 1, 2021

To better understand what happens when homes appraise below the purchase price, we talked to top real estate agent Ethan Goodrich of Compass Realty in Boston, Massachusetts. They may also use gift funds from family members to make up the difference. Source: (Valmedia / Shutterstock). How is the appraised value of the home determined?

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Purchase and sale agreement Proof of funds Backup offer Finance 90

Point2Homes

SEPTEMBER 30, 2021

If you haven’t already, try hiring a real estate agent to market your home. Despite now having a little experience under your belt, selling your home can be just as tricky as buying it was. Signs of potential delays, scams or suspicious offers should all raise red flags. Lots of Viewings, but No Follow-ups.

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Realty Biz

SEPTEMBER 28, 2022

That is a main reason why most lenders require an inspection of the property before they lend the money. They will then request an inspection. They must ensure that they can recover any lost funds if the borrower fails to repay them. You do not have to spend money on inspections and other fixes. Photo by Miguel Á.

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Purchase and sale agreement Inspection Investor Closing costs 75

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. Look to see that the inspection period is not unnecessarily long.

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Earnest money deposit Inspection Proof of funds Due diligence 78

HomeLight

JUNE 29, 2021

A cash offer won’t always be the best deal,” says Enas Latif , a top real estate agent who sells homes 62% quicker than the average Harris Hill, New York agent. This means that the buyer has the funds to purchase the home in full. A cash offer may come from a homebuyer with liquid funds who wants an edge over the competition.

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Inspection contingency Proof of funds Inspection Pre-approval 56

HomeLight

JULY 31, 2020

With the help of Brad Graves , a top real estate agent in San Antonio, Texas , and some recent national home purchase data, we’ll examine the pros and cons of all-cash offers. This is important: if your real estate agent puts in an all-cash offer on your behalf, they will not include a financing contingency. What is an all-cash offer?

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Purchase and sale agreement Inspection contingency Proof of funds Finance 96

HomeLight

AUGUST 31, 2020

One thing to keep in mind, though, is that the seller probably isn’t going to have cash reserves available to fix any issues uncovered in the inspection before closing. The banks will actually require it to physically be on the market for a certain amount of time with a contract through a real estate agent,” he explains.

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HomeLight

APRIL 14, 2023

However, the initial offer is typically subject to change after they have inspected your home. Disclaimer: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of Central Florida area “we buy houses” companies should not be considered an endorsement.

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HomeLight

JUNE 14, 2023

Whether you’re considering using an escalation clause, need advice on bidding strategies, or just want help finding the perfect home, connect with a top-rated HomeLight agent today for their guidance. Each escalation clause can look different, with some having caps, and others asking for proof of higher offers.

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Finance Agents Proof of funds As-is 66

HomeLight

FEBRUARY 28, 2022

Some companies may make a preliminary offer at this stage, but it’s usually subject to change once they’ve inspected your property. Maybe you’ve just accepted a job offer in Salt Lake City and are looking for a quick, low-hassle way to sell your Fort Collins home during the winter. Request Offer.

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Closing costs Closing Sales Staging 75

HomeLight

JUNE 7, 2022

In 2022, most real estate agents won’t work with buyers that have not already been preapproved or prequalified. If this is your first time going through the process — or even if it’s been awhile — the first question on your mind is probably “How long will it take to get preapproved for a mortgage?” But why does preapproval matter?

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Mortgages Loans Lending Proof of funds 94

HomeLight

JUNE 19, 2023

Step one: Talk to a few buyer's agents! Tell us a little bit about your plans (where you’re looking to buy and when you want to make a purchase) and we’ll connect you with top-rated buyer’s agents in your area. There are real estate agents who specialize in land plots. It’s a plot of land.

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Land Proof of funds Purchase and sale agreement Title 108

HomeLight

AUGUST 31, 2021

Ask for proof of funds: You should always obtain documentation that a person or company is who they say they are and actually has the funds and abilities to complete a transaction of this size. Even if you’re selling “as is”, an inspection could still be required. Are cash-for home companies legit?

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Proof of funds Investor Due diligence Closing 144

HomeLight

OCTOBER 20, 2022

Although the appeal of FSBO lies primarily in saving the cost of paying a listing agent , the amount of paperwork, knowledge, and time necessary to sell a house without a real estate agent can be daunting. Pre-inspection. For Sale By Owner (FSBO). How Much Is Your Home Worth Now? Mortgage statement with payoff amount.

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Purchase and sale agreement Pre-approval Inspection MLS 100

HomeLight

SEPTEMBER 16, 2021

Pass the home inspection. While an online valuation won’t deliver the same level of accuracy of a professional appraisal or a real estate agent’s comparative market analysis , requesting one is quick — not to mention completely free. Handle any unique requirements of the sale. Clear title. Review and sign the closing documents.

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Title Inspection Proof of funds Investor 98

HomeLight

JANUARY 5, 2022

Real Estate Agent. Real Estate Agent at The Kaminsky Real Estate Group. Do: Consider hiring a real estate agent. Hiring a real estate agent is not compulsory when you sell a house to a friend. It’s always tougher to negotiate with a friend,” says Edward Kaminsky , a top real estate agent in Los Angeles County. “If

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HomeLight

MARCH 13, 2023

We’ve gathered insights from top real estate agents and investors to create this guide navigating Orlando’s cash home buyer market so you can sell your property in as fast a timeframe as you require. Looking for cash home buyers in Orlando? Need to Sell Your House Fast in Orlando? No showings, no repairs, no open houses.

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Sales Investor Due diligence Renovation 77

HomeLight

AUGUST 24, 2022

Work with a reputable local real estate agent. There are plenty of reasons to have a real estate agent in your corner — visibility in the MLS , help with stagings and showings, assistance with negotiations and contracts, to name just a few — and now you can add sourcing a cash buyer to the list. Skip the appraisal.

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Purchase and sale agreement Title search Proof of funds Title 104

HomeLight

JUNE 28, 2022

“Real estate fraud is one of the fastest-growing cyber scams across the country,” FBI Special Agent Siobhan Johnson told ABC News in Chicago. “Real estate fraud is one of the fastest-growing cyber scams across the country,” FBI Special Agent Siobhan Johnson told ABC News in Chicago. To cheat you out of money.

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Proof of funds Investor Title Agents 86

HomeLight

MAY 24, 2022

Byron Ford , an agent in New Bedford , Massachusetts, works with 76% more single-family homes than other agents in his area. Real Estate Agent. Real Estate Agent at Keller Williams South Shore. Why pay cash for a home? Mortgage interest is tax-deductible , and many homeowners appreciate the deduction. Michael Simpkins.

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Purchase and sale agreement Closing Title search Title 103

HomeLight

FEBRUARY 16, 2023

However, the initial offer is typically subject to change after they have inspected your home. Disclaimer: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of Davenport area “we buy houses” companies should not be considered an endorsement.

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Purchase and sale agreement Closing costs Closing Investor 78

HomeLight

JULY 31, 2021

To do that, you’re looking to work with a legitimate buyer who sees value in your home and is able (and willing) to front the funds for it, allowing you to get cash out of your home quickly and ideally at a decent value. What you have is a house. What you need is cash. If only there were a way to — poof! Value-add’.

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Earnest money deposit Inspection Proof of funds Inspection contingency 98

HomeLight

MARCH 13, 2023

Regarding the impact of higher interest rates, if a buyer is already “liquid,” they might prefer to use their money to buy real estate rather than invest in the stock market, says Ross Speed , a top agent in Austin, who works with over 74% more single-family homes than the average agent in the market. Well, you’re in luck.

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Sales Investor House Flipping Pre-approval 67

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 If you’re using cash, you’ll have to show proof of funds with your offer. So you’d be at the top of the list above the other buyers.”.

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Due diligence Finance Proof of funds Earnest money deposit 99

HomeLight

DECEMBER 14, 2021

You’re about to put on a cup of tea and curl up with a good book when you get a text from your real estate agent: “Buyer wants to see the house tomorrow. A home can average around 25 showings before being sold , according to a blog posted by Portland real estate agent Steven FitzMaurice. Does 1 p.m. work for you?”

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Staging Agents Proof of funds Pre-approval 75

HomeLight

DECEMBER 6, 2022

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 the expertise to list your home FSBO, working with a top agent in New Jersey could be your best bet. Get Started.

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Purchase and sale agreement MLS Pre-approval Agents 76

HomeLight

MAY 25, 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 North Carolina market. Unsure about selling FSBO in North Carolina?

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MLS Pre-approval Agents Sales 81

HomeLight

SEPTEMBER 30, 2020

Cheves Goble , an agent in Powder Springs, Georgia , who has worked with 80% more single-family homes than the average local agent, says preparation is key when looking at HUD homes. But when you open up the HUD website, you realize this experience is very different from browsing for homes on a popular real estate portal.

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Earnest money deposit FHA loan Pre-approval Finance 75

Real Trends

JULY 11, 2022

Whenever I come across struggling agents (whether in the business for 1 year or 10) that have the above-mentioned qualms, my typical coaching question is: What systems do you have in place to set expectations of homebuyers in today’s housing market? In most instances, the agent does not have a system in place to set expectations.

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Proof of funds Agents New Construction MLS 52

HomeLight

DECEMBER 6, 2022

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 the expertise to list your home FSBO, working with a top agent in Oregon could be your best bet. Get Started.

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MLS Agents Sales Inspection 81

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. Need to Sell Your House Fast in Houston? No showings, no repairs, no open houses.

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Sales Purchase and sale agreement Earnest money deposit Investor 63

HomeLight

APRIL 27, 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 Utah market. Unsure About Selling FSBO in Utah?

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MLS Agents Sales Mortgage pre-approval letter 79

HomeLight

DECEMBER 8, 2022

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 the expertise to list your home FSBO, working with a top agent in Washington State could be your best bet. Get Started.

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MLS Agents Sales Closing 84

HomeLight

SEPTEMBER 30, 2022

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. FSBO is a method of selling your home without the involvement of a listing agent. While the method can work for Wisconsinites, it does come with some risks.

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Purchase and sale agreement MLS Agents Inspection 77

HomeLight

NOVEMBER 21, 2022

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 the expertise to list your home FSBO, working with a top agent in South Carolina could be your best bet. Get Started.

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Purchase and sale agreement MLS Pre-approval Agents 75

HomeLight

NOVEMBER 21, 2022

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 the expertise to list your home FSBO, working with a top agent in Louisiana could be your best bet. Get Started.

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MLS Agents Sales Land 83

HomeLight

FEBRUARY 4, 2021

According to top Fremont real estate agent Nicole Causey , who has 17 years of experience and has completed over 600 transactions, Fremont had just 1.9 The perfect Fremont home is so close you can almost smell the whiff of takeout from De Afghanan and feel the breeze off the Quarry Lakes. months worth of inventory at its peak in 2020.

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Inspection Pre-approval Land Proof of funds 60