Notorious ROB

OCTOBER 24, 2022

Brokers and agents spend a few years making a fortune, then spend a few years losing it all. Again, this is extremely common since real estate agents know the value of real estate as an investment asset. Some brokers and agents working today remember those bad old days; many do not because they were not in the business in 2007-2011.

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Brokerage Bankruptcy Property Management Title 88

HomeLight

NOVEMBER 9, 2021

To provide you with the best definition of a home appraisal, who performs a home appraisal, and how it must be done, we spoke with top Florida real estate agent Joe LoCicero , who sells more than 22% faster than average agents in his area, and Diana Benson, owner and operator of Benson Appraisals in Gilbert, Arizona.

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Purchase and sale agreement Equity Bankruptcy Finance 87

Realty Biz

AUGUST 31, 2021

You are probably looking for a quick sale because you are facing foreclosure, bankruptcy, going through a divorce, or just need to sell and leave the state. In the case of a cash buyer, the closing process can take place much faster since they are not waiting for financing approval or bank financing.

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Bankruptcy Renovation Finance Staging 64

The Close

JANUARY 20, 2023

Wholesale real estate investing is a good choice if you’re looking for short-term opportunities to break into the investing industry by leveraging your existing skills as an agent. Many novice investors think they can just contact a local agent and select from the properties that are available in the MLS.

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Investor Finance MLS Property Management 90

Realty Biz

JUNE 7, 2021

Ensure you involve a real estate agent to assist in handling any complications that may come up. Financing : As a buyer, you have to ensure that your lender is ready and willing and all paperwork is in place to avoid any delays in purchasing your home. Be alert to the everyday challenges that cause a delay in the closing timeline.

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Closing Purchase and sale agreement Inspection Title 121

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. Buyer’s financing method. To help you set the best price on your home, a top real estate agent will provide you with comps and a pricing recommendation.

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Purchase and sale agreement Home sale contingency Title search Inspection 83

Kyle Handy

JANUARY 20, 2023

Many don’t trust real estate agents because they’ve had problems in the past. So a real estate agent will often discover that all the really good deals are already taken. They want to sell their house without an MLS listing or an agent, so they list it on Zillow and wait for potential offers to come in.

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Realty Biz

AUGUST 29, 2022

But what is a short sale exactly, and how is it any different than a regular sale, bankruptcy, or foreclosure? It is usually best to hire a real estate agent to help you with your short sale so the process will progress faster and more efficiently. More than 5.6 million homes were sold in the United States alone in 2020.

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Short sale Sales Bankruptcy Banks 109

Realty Biz

DECEMBER 29, 2021

From finding the right agent to work with , to sorting through listings until you find your dream home, to figuring out innovative ways to keep your costs down , to outbidding all the other buyers in 2021’s red hot market, it’s easy to overlook one of the most important (and most nerve-wracking) aspects of buying a home — the financing.

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FHA loan Loans Bankruptcy Mortgages 104

HomeLight

APRIL 29, 2022

Much like other online platforms created in the late 1990s and early 2000s — think Amazon which primarily sold books and Facebook which was only available to college students — what began as a specialized site has grown into something much larger that now includes home loans, closing services, and Zillow Premier Agents.

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Realty Biz

AUGUST 20, 2023

By understanding the ins and outs of mortgage pre-approval, you will be better equipped to navigate the home-buying process and make informed decisions regarding your budget and financing options. Preparing Your Finances for Mortgage Pre-approval Preparing your finances is an essential step to getting pre-approved for a mortgage.

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HomeLight

AUGUST 31, 2020

Wenatchee, Washington-based real estate agent J. One of the biggest mistakes you can make as a homeowner is failing to tell your real estate agent about the lien. Honestly, an experienced agent is your best ally when facing a tax lien while trying to sell your house. “If For example, let’s say your tax lien was filed in error.

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Bankruptcy Equity Title Closing 93

The Close

JUNE 22, 2023

Despite this, many agents have a hard time persuading would-be investors that a downturn is the right time to jump into the real estate market and start investing. Many people, even real estate agents, don’t realize that there are actually three real estate submarkets happening in the residential space at the same time.

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Investor Debt-to-income ratio New Construction Construction 116

Realty Biz

OCTOBER 4, 2022

Financing a home can be challenging, though. Rent-to-own is a great way to buy a house after bankruptcy or when you have a ding in your credit. With this type of financing, you lock in a price at the beginning of the lease. Owning a home remains a critical part of the American Dream. Benefits of Homeownership.

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Purchase and sale agreement Mortgages Loans Bankruptcy 69

The Residential Specialist

JUNE 30, 2021

For agents who have clients who are going through a divorce, special skills are necessary to ensure a smooth experience. Divorcing couples, who may be going through one of the most financially difficult and emotionally charged times in their lives, present unique challenges to their listing agents. “In By Cara Finnegan. No, they don’t.

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HomeLight

JULY 31, 2020

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. So the answer to “how long does it take to close on a house?” Loan approval. How it can delay closing.

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HomeLight

JANUARY 25, 2023

Closing costs: No prep costs, no agent commissions, and no fees charged by HomeLight. In addition to providing cash-for-homes options, it also runs a broader homebuilding, financing, and real estate operation. In Lakeland, Florida, it typically takes around 124 days to sell a home on the market using an agent.

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Rent, Buy & Sell

SEPTEMBER 1, 2020

Your rental houses can provide stability to your finances as it adds income on top of the day job you have. That said, here are some tips to protect your rental houses: House model with real estate agent and customer discussing for contract to buy house, insurance or loan real estate background. Go Through Estate Planning.

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Property Management Bankruptcy Finance As-is 52

HomeLight

OCTOBER 7, 2022

In this guide, we’ll take a deep dive into how to go about selling a house that’s in an irrevocable trust — the parties involved, the steps required, the pros and cons, mistakes to avoid, and the benefits of partnering with an experienced real estate agent. Step 2: The trustee contacts a real estate agent.

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Agents Sales Bankruptcy As-is 88

HomeLight

AUGUST 10, 2022

With 15 years in the business, Diamond Equity Investments say they’ll buy houses being sold for any reason such as bankruptcy or foreclosure, in any condition — even fire damage — and that have baggage like large liens, title issues, or low equity. Closing costs: No prep costs, no agent commissions, and no fees charged by HomeLight.

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Closing costs Purchase and sale agreement Closing Staging 75

HomeLight

AUGUST 10, 2022

Closing costs: No prep costs, no agent commissions, and no fees charged by HomeLight. The company states that they regularly provide solutions for sellers in a pending foreclosure or facing bankruptcy and will buy houses in any condition, even requiring complete renovations. Individual investor fees may vary.

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Closing costs Purchase and sale agreement Closing Inspection 75

HomeLight

OCTOBER 27, 2020

Chris Austin , an experienced agent in the Kansas City, Missouri, area, warns that if you start home shopping without getting preapproved, “You could be growing a taste for something you can’t afford — or maybe you can afford more than you think.” A preapproval helps you establish your home shopping budget. Bank statements.

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Pre-approval Due diligence Loans Bankruptcy 104

HomeLight

JULY 28, 2022

The owners, who have lived through a home fire and bankruptcy both, understand difficult situations and place their focus on people helped over properties turned. Closing costs: No prep costs, no agent commissions, and no fees charged by HomeLight. Then compare cash offers to what a top agent might be able to get for your home.

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Closing costs Purchase and sale agreement Closing Staging 71

Redfin

MARCH 3, 2022

Financing issues. Unless you’re submitting an all-cash offer, you’ll need to obtain financing to purchase your home. Fortunately, you have a few options and your real estate agent will advise you on the best plan to resolve the situation and avoid a delayed closing. You can ask the seller to lower the price. ” 5. “Not

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Closing Title search Purchase and sale agreement Title 62

HomeLight

JULY 12, 2022

The online-quote model can benefit home sellers who are looking to achieve one or more of the following objectives: Minimize public interaction: If you, your spouse, kids, and pets don’t want to be inconvenienced by a parade of potential buyers, agents, inspectors, appraisers, and contractors, online quote companies offer few interruptions.

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Purchase and sale agreement Investor Equity Closing 81

HomeLight

OCTOBER 22, 2021

That is, “[w]ith a probate sale, you need a court order — you can’t just have a buyer and seller agreeing,” says Mark Moskowitz , a top-selling agent who completes 17% more sales than the average agent in the Agoura Hills area of Los Angeles. The executor hires a real estate agent. More on these complexities later.).

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Probate sale Sales MLS Inspection 91

C4D Crew

JULY 9, 2020

According to Veronica Baxter, an established legal assistant to Philadelphia Bankruptcy Attorney David Offen says,” “Under federal law, a lender or servicer cannot begin the state foreclosure process until your loan is more than 120 days past due. Those 60 days have expired.

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Mortgages Loans VA loan Bankruptcy 52

Marco Santarelli

SEPTEMBER 6, 2020

If they are sued or go into bankruptcy, you’re joined at the hip as their business partner. If ever that company files for bankruptcy, they have to settle their liabilities first before anything else. Companies need money to finance their business so they earn it by either borrowing or sharing stocks through an IPO.

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Lending Loans Investor Branding 135

HomeLight

FEBRUARY 23, 2024

Ahead, we’ll explore the advantages of receiving a cash offer through HomeLight’s Simple Sale platform versus leveraging the expertise of a top Chicago real estate agent. Going through divorce: A quick sale of your marital home can simplify the divorce process and help both parties to move on.

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Bankruptcy Sales Inspection Equity 97

HomeLight

JUNE 30, 2021

Making an offer on a house without a Realtor® or a real estate agent is kind of like trying to represent yourself in a court of law — it’s possible, but it’s not a good idea. and what’s an agent? A real estate agent is licensed to help people buy, sell, or rent different housing or real estate property types. or an agent?

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Purchase and sale agreement Inspection contingency Home sale contingency Inspection 79

HomeLight

MAY 23, 2022

Top-rated North Carolina real estate agent Ashley Schaus had a listing recently that was in really rough shape. If the buyer’s agent didn’t put anything to that effect into the contract or into a separate addendum, I always go back and include that language.”. Steps to list ‘as is’ with the help of a real estate agent.

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As-is Purchase and sale agreement VA loan Inspection 83

HomeLight

AUGUST 26, 2020

They’re much more forgiving,” says Phoenix -based agent Andrew Monaghan , who has 19 years of experience placing buyers in their dream homes. “It After a foreclosure or bankruptcy, lenders require a certain amount of time before they will consider lending to you. Chapter 7 Bankruptcy. down payment. Down payments. Conventional.

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FHA loan Loans Debt-to-income ratio Bankruptcy 53

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. Buyer financing. So can a financing contingency be negotiable? Home appraisals.

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Purchase and sale agreement Pre-approval Earnest money deposit Inspection 78

HomeLight

JANUARY 13, 2022

You’re getting ready to call your agent to schedule a showing when you notice that the listing says the property is “active contingent.”. Barnes has completed 10% more deals than the average agent in his area. Financing contingencies. Financing contingencies may also be called loan contingencies. you think to yourself.

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Backup offer Inspection contingency Purchase and sale agreement Home sale contingency 75

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. Your agent can help you find a title company to handle the title search, and title insurance, which is always recommended.

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Purchase and sale agreement Closing Title search Title 102

HomeLight

JUNE 30, 2022

We asked our top agents for their best advice for first-time buyers and we’re going to delve into the top dos and don’ts when buying a home; some may be odd, others may be more obvious, and several you may have never considered. Line up financing. Work with an agent. Research different neighborhoods.

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Purchase and sale agreement Inspection Earnest money deposit Closing costs 71

HomeLight

APRIL 26, 2022

But how do you find an agent with this type of experience? Top agents Annpauline Creamer , who ranks #8 out of 665 agents in the Mahopac, New York area; and Edward Kaminsky , who has completed over 1,000 transactions in Los Angeles County with 35 years of experience, share their expert insights from the real estate side.

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