Housing Wire

DECEMBER 8, 2023

Are you looking to get licensed as a real estate agent in Arizona? We’ve reviewed all the key information to determine the best Arizona real estate schools to help you get licensed quickly and efficiently with a state-approved, online program at an Arizona real estate school. When you buy through our links, we may earn a commission.

HR 338

HR Purchase and sale agreement Pre-approval Staging 338

HomeLight

JANUARY 3, 2024

Sometimes you come across a home for sale that checks off every box on your list, but the listing status says that it’s “under contract” or “sale pending.” We analyze over 27 million transactions and thousands of reviews to determine which agent is best for you based on your needs. Get Started What does ‘under contract’ mean?

Purchase and sale agreement 96

Purchase and sale agreement Earnest money deposit Inspection contingency Pre-approval 96

Realtor.com

JANUARY 7, 2021

Although this is a major milestone on the march toward closing, there are many points where this deal can go off the rails—like if you find out your home buyer wasn’t approved for a mortgage. Why home buyers aren’t always approved for a mortgage. Still, pre-approval is not a guarantee that a buyer will get a loan.

Loans 133

Loans Purchase and sale agreement Pre-approval Debt-to-income ratio 133

HomeLight

MAY 27, 2021

When you signed the listing contract to put your house on the market, you had high hopes for a quick sale. And now you’ve realized that even the listing agreement with your agent has expired. And now you’ve realized that even the listing agreement with your agent has expired. Where does that leave you?

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Purchase and sale agreement Staging Agents Brokerage 96

Realty Biz

JULY 1, 2023

Escrow acts as a neutral third party that holds funds and documents until all conditions of the home purchase are met. Step 1: Initiating the Transaction Learning about escrow and initiating the process is an important step that occurs once the buyer and seller have agreed upon the terms of the home purchase.

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Purchase and sale agreement Earnest money deposit Title search Pre-approval 75

HomeLight

JUNE 9, 2023

The final sale hangs in the balance, waiting for certain conditions or “contingencies” to be met. These conditions can be anything from the buyer securing a mortgage, the home inspection clearing, or the sale of the buyer’s current home. ” Step one: Talk to a few buyer's agents!

Home sale contingency 137

Home sale contingency Inspection contingency Purchase and sale agreement Inspection 137

HomeLight

MARCH 13, 2023

A cash sale may provide the speed and efficiency you need. Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. Buyers were liquid with cash and there are a lot of sellers going that route rather than waiting on a traditional sale.

Sales 86

Sales Purchase and sale agreement Due diligence Inspection 86

Easy Agent Pro

SEPTEMBER 5, 2023

By becoming familiar with local market dynamics, setting realistic budget goals, and working alongside an experienced real estate agent, you can position yourself as a powerful and informed buyer. Carefully consider factors like inventory levels, average sale prices, and average days on the market before making decisions.

Earnest money deposit 76

Earnest money deposit Seller concession Purchase and sale agreement Pre-approval 76

HomeLight

JANUARY 12, 2022

You’ve accepted an offer on your house and both you and the buyer have signed the purchase contract. According to the loan software firm ICE Mortgage Technology, it took 50 days on average to close on a purchase loan for a house, as of Q3 2021. Signing the purchase agreement: 1-3 days. So if you list your home on Jan.

Closing 110

Closing Purchase and sale agreement Pre-approval Inspection 110

Point2Homes

JANUARY 31, 2023

With a budget in place, your next step should be to get pre-approved for a mortgage. Without being pre-approved, you’ll need to delay your offer while you secure financing. Check out comparable properties to make sure that the sale price is fair or whether there’s a little wiggle room to negotiate.

Earnest money deposit 98

Earnest money deposit Purchase and sale agreement Pre-approval Inspection 98

Real Trends

SEPTEMBER 27, 2022

The report also found that homes listed for sale received an average of 2.8 of offers written by Redfin agents faced competition in August. In addition to homebuyer competition slipping, the number of pending home sales being canceled has also increased. offers, down from 3.4 offers in June 2022. a year ago.

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Purchase and sale agreement Pre-approval Inspection Agents 80

Redfin

DECEMBER 6, 2023

Purchasing a home in New York marks a monumental step, unveiling a rich tapestry of choices across its dynamic neighborhoods and bustling boroughs. The state’s median sale price is higher than the national average of $413,944, standing at $484,300, showcasing its premium real estate positioning. year-over-year. year-over-year.

Purchase and sale agreement 59

Purchase and sale agreement Pre-approval Closing costs Sales 59

First Team Real Estate

DECEMBER 7, 2020

Here’s how to review details in a tidy, orderly manner so you can make sense of your home sale. With multiple-offer scenarios being the standard in hot markets today, understanding how to browse a pile of home offers and backup offers is what First Team agents do best for their clients by supplying the very best counsel possible.

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Purchase and sale agreement Pre-approval Title Backup offer 98

Redfin

MAY 24, 2022

Either way, it’s time to find a real estate agent to guide you through what can be a challenging – and sometimes stressful – process. Or, maybe you’re listing your home for sale in Anchorage, AK , you most likely want top dollar for your property. Steps to take before hiring a real estate agent.

Agents 74

Agents Pre-qualification Purchase and sale agreement Pre-approval 74

HomeLight

JANUARY 3, 2023

Year-over-year, monthly sales in the Phoenix metro area were down nearly 25%. Sellers who may have been wondering about how to sell a house by owner in Colorado during the hot seller’s market of 2021-2022 may now face stronger headwinds and more discerning buyers, according to top real estate agents surveyed by HomeLight.

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Purchase and sale agreement Inspection MLS Inspection contingency 94

Toronto Realty Blog

SEPTEMBER 19, 2022

I have been perhaps the harshest critic of the pre-construction condominium industry in Ontario over the past two decades. It’s an odd position for a real estate agent, of all people, to take. Some of you, reading this, have made money in pre-construction. I have no doubt about that.

Construction 74

Construction Industrial Purchase and sale agreement Pre-approval 74

Toronto Realty Blog

JUNE 2, 2021

The world isn’t perfect. It’s never going to be. No product, service, business, or industry is perfect either. Whatever industry you work in has its pros and cons, and you know this. You probably discuss it with your colleagues or maybe your friends as well. Real estate is far, far from perfect. ” I agree. Not in our market.

Pre-approval 96

Pre-approval Inspection Purchase and sale agreement Due diligence 96

HomeLight

JULY 31, 2020

There’s a house for sale that you want to buy. In the February 2020 Realtors Confidence Index survey by the National Association of Realtors, 77% of real estate agents responded that contracts closed on time, and 19% reported delays but eventually closed; 4% of contracts were terminated. Loan approval. Easy, right? Dodge move.

Closing 107

Closing Purchase and sale agreement Title search Earnest money deposit 107

Redfin

AUGUST 21, 2020

Purchasing your first home is a big move. For some, it represents the independence they’ve been striving for, while others see their home purchase as a path to financial security and a way to create a safe haven for their family. . This information is a standard requirement for a real estate agent’s listing agreement.

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Pre-approval Purchase and sale agreement Inspection Title 78

HomeLight

NOVEMBER 9, 2021

During a seller’s market like the one, we had in the summer of 2021, a top real estate agent could help you find a buyer for your home in as few as 75 days from listing to closing. If you need to move even more swiftly than that, selling to an online direct buyer through a platform like HomeLight’s Simple Sale could take as little as 10 days.

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Purchase and sale agreement Home sale contingency Title search Inspection 81

HomeLight

JUNE 21, 2022

But you’ll still have to get over the home inspection hurdle that could reveal issues requiring repairs or cause buyers to renegotiate a lower sales price or even walk away from the deal. It’s critical to know what home inspectors look for because serious problems could derail the sale altogether. What is a home inspection?

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Inspection Purchase and sale agreement Pre-approval Inspection contingency 122

HomeLight

MARCH 31, 2022

Early 2022 data from Florida Realtors® indicates a 23% increase in median sales price and a 33.3% Early 2022 data from Florida Realtors® indicates a 23% increase in median sales price and a 33.3% Once you’ve seen what’s required, you can roll up your sleeves and get started with your FSBO sale in Florida. Quick FSBO overview.

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Purchase and sale agreement Inspection Title MLS 87

HomeLight

NOVEMBER 1, 2021

If you’re selling your home in a hot market rampant with bidding wars that drive up the purchase offers on home sales, you may realize that your home is unlikely to appraise for the inflated purchase offer or even for your asking price. Short sales or foreclosures in your area have driven home prices artificially low.

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Purchase and sale agreement Proof of funds Backup offer Finance 88

Realty Biz

AUGUST 2, 2023

In my experience as a real estate agent over the last thirty-plus years, many homeowners will search " sell my house fast " for the best-selling strategy. In my experience as a real estate agent over the last thirty-plus years, many homeowners will search " sell my house fast " for the best-selling strategy.

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Purchase and sale agreement Title Staging Inspection 92

HomeLight

JUNE 28, 2021

Your real estate agent has been forwarding you offers on your home all day. Why do some offers have one price on the purchase agreement and another price on the escalation addendum? An offer your friend submits to escalate the purchase price doesn’t qualify. The buyer will generally specify a maximum purchase price.

Earnest money deposit 68

Earnest money deposit Purchase and sale agreement Pre-approval Pre-qualification 68

Windemere Buying

FEBRUARY 28, 2022

After preliminary stages like getting pre-approved , searching for homes, and finding a buyer’s agent , various contracts and buyer-seller agreements will enter the fold as the purchase of a home is finalized. Sometimes, the escrow funds are held in the account after the sale of the home has been finalized.

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Purchase and sale agreement Pre-approval Closing costs Staging 52

Windemere Buying

JUNE 22, 2022

You’ve applied for financing , worked with your agent to search for available listings, put in time attending open houses, and have found the place you’re ready to call home. The seller rejects your offer: If a seller rejects your offer, your agent may be able to relay information from the listing agent as to why it was insufficient.

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Purchase and sale agreement Inspection contingency Seller concession Backup offer 52

Windemere Selling

MARCH 14, 2022

This is why many sellers find a pre-listing inspection to be beneficial: it provides transparency about the home’s condition ahead of time and can help to streamline the buying process, which can be especially helpful when selling in competitive markets. As a seller, it’s important to be transparent in listing any issues with the home.

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Purchase and sale agreement Home sale contingency Inspection contingency Pre-approval 52

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. 1) Get Pre-Approved for a Home Loan. Furthermore, you’ll receive a pre-approval letter from your lender indicating how much of a mortgage you’ve been approved for.

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Pre-approval Purchase and sale agreement Marketing Inspection contingency 67

Redfin

MAY 5, 2023

Due to the state’s thriving economy, low cost of living, and a growing population, Texas has become a magnet for buyers and investors, which has resulted in median sale prices climbing steadily in recent years. If you’re ready to embark on a journey toward homeownership, Redfin is here to help.

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Purchase and sale agreement Pre-approval Seller disclosure Earnest money deposit 65

Realty Biz

JUNE 7, 2021

So when you add that to the time it takes for a buyer to purchase a house, sellers can fairly easily vacate their properties in under 3 months. As long as everything proceeds smoothly, there should be no reason you can’t complete the time frame agreed upon in the purchase and sale agreement regarding the closing.

Closing 120

Closing Purchase and sale agreement Inspection Title 120

HomeLight

APRIL 29, 2021

The home sale process involves a long list of steps, and your execution of each impacts your final sale price. As with most things in life, preparation is the key to a successful home sale. With 24 years of experience under his belt, Thompson shared a few gems about navigating the home sale journey.

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Purchase and sale agreement Pre-approval Inspection Inspection contingency 90

Redfin

AUGUST 3, 2023

Despite this shifting demand, the median sale price has continued its steady ascent, increasing by 1.3% Whether you’re drawn to a condo in Alpharetta , a historic house in Macon , or the scenic beauty of the Blue Ridge Mountains, Georgia offers a diverse range of real estate options to suit every lifestyle. year-over-year.

Purchase and sale agreement 51

Purchase and sale agreement Pre-approval Debt-to-income ratio Loans 51

HomeLight

JULY 31, 2022

Here are some options for pulling a successful sale, regardless of where you stand on your mortgage. This minimum equity ensures that you’ll have the funds for necessary home sale expenses (such as staging , repairs , and closing costs ), plus some leftover profit to put towards your next down payment or security deposit.

VA loan 65

VA loan Purchase and sale agreement Short sale Pre-approval 65

Point2Homes

JULY 28, 2020

Put simply, escrow is a legally binding arrangement in which a third party takes custody of sums of money, deeds, and documents, until a specified agreement is reached between two parties. The first is during the purchase process and is typically referred to as escrow. Escrow During the Purchase Process. Let’s find out below.

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Purchase and sale agreement Mortgage pre-approval letter Earnest money deposit Pre-approval 57

Redfin

SEPTEMBER 17, 2020

Even if you have a well-versed real estate agent by your side, the thought of negotiating can be daunting. However, when armed with the right information and a great real estate agent, you can successfully negotiate the best deal. In a buyer’s market, there are more homes listed for sale than there are homebuyers.

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Pre-approval Purchase and sale agreement Closing costs Inspection 72

Realty Biz

JANUARY 29, 2021

As a first time home buyer 2021 understanding the what is currently going on in the market is the first step in successfully purchasing your first home. As a first time home buyer 2021 understanding the what is currently going on in the market is the first step in successfully purchasing your first home. Find A Buyer’s Agent.

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Marketing Purchase and sale agreement Inspection Pre-approval 118