HomeLight

MARCH 13, 2023

Request Offer Inside the Los Angeles cash-for-homes market If you’re looking for a cash home buyer in Los Angeles, you’re not alone: “In 2021 nearly one-third of all Los Angeles properties were purchased with cash,” says Matthew Ornelas , a Los Angeles area real estate agent who sells homes 38% quicker than the average Chino agent.

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HomeLight

APRIL 11, 2023

Closing costs: Sellers pay no closing costs; Express Homebuyers covers them. Closing costs: No prep costs, no agent commissions, and no fees charged by HomeLight. They also keep renovation costs as low as possible. Closing costs: Sellers pay no closing costs; WeBuyHouses.com covers them.

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Purchase and sale agreement Closing costs Closing Sales 85

HomeLight

OCTOBER 29, 2021

The closing process fills several weeks as you navigate through multiple steps to make it to the closing table. Whether you’re a first-time buyer or have been through closing several times, it’s easy to overlook a step or miss a deadline. It’s essential to stay on top of events leading up to the closing.

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HomeLight

DECEMBER 30, 2021

Here to help is top Chicago -based real estate agent Debra Dobbs , whose 37 years in the industry have made her a true documentation expert. Real estate agent contract. Your agreement with a buyer’s agent may be one of the first legal documents you’ll encounter when buying a home. Grab a pen and let’s review! Purchase agreement.

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Purchase and sale agreement Title Closing costs Seller disclosure 84

Norada Real Estate

JANUARY 26, 2023

How to Negotiate Deals Due diligence is essential when considering any real estate investment. Use a specialist : Have a real estate attorney or agent who is familiar with the local market and laws assist you with negotiating and closing the deal. Remember to pay the closing costs and pay off any outstanding loans.

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Investor Due diligence Renovation Property Management 52

The Close

APRIL 11, 2023

We’ve got some fresh new real estate jokes for just about every agent out there—and we bet more than a few of them will make you chuckle. Download 18 Hilarious Real Estate Jokes Agents-Only Jokes The Dual Agent How does a dual agent sleep? Check out this alarming article from ClickHole that every agent should read.

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Agents Due diligence Brokerage Land 145

HomeLight

AUGUST 24, 2022

Closing dates are set at the seller’s discretion, and they can have cash in hand within 7 days. Closing costs: No closing fees for sellers. Closing costs: No prep costs, no agent commissions, and no fees charged by HomeLight. Closing costs: No closing costs for sellers.

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Closing costs Purchase and sale agreement Closing Staging 77

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.” Be sure to talk to your real estate agent about how much earnest money you should offer in the housing market you’re competing in. Have your agent with the seller’s real estate agent.

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HomeLight

AUGUST 31, 2021

“Most people considering a rent-to-own purchase either don’t have a high enough income or good enough credit to buy a house right now,” says experienced Washington state agent Hao Dang , who’s sold over 76% more properties in the Seattle area than the average agent. Do your due diligence. Proceed with caution.

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Purchase and sale agreement Due diligence Closing costs Mortgages 122

HomeLight

JUNE 28, 2021

The buyer must work with a HUD-approved real estate agent/broker for all bidding (HUD homes are sold at auction). John Collinge , a multi-year top-producer awardee and 11-year top-selling real estate agent out of Anchorage, Alaska, suggests all HUD homebuyers have a cash reserve. Find a HUD-approved agent. No problem!

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Pre-approval Pre-qualification FHA loan Inspection 94

Realty Biz

SEPTEMBER 14, 2023

Facilitating the Transfer of Funds Large sums of money are involved during the purchase, including down payments, earnest money deposits , and closing costs. Start by seeking recommendations from trusted sources such as friends, family, or real estate agents who have previously worked with attorneys.

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RIS Media

OCTOBER 22, 2020

Have your buyers speak with different lenders to get the lowest possible rate, and have them ask questions about interest rate, down payment amount and estimated closing costs. Due diligence for home improvements is also important, says Zillow.

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Pre-qualification Pre-approval Due diligence Finance 72

HomeLight

MARCH 30, 2022

In a HomeLight survey of top agents, 58% expect the upswing in cash offers to continue throughout 2022 as sellers want convenience, speed, and certainty. Investors making a cash offer are more likely to purchase a house as-is , so you can cut costs for renovations , staging , and curb appeal projects. Learn More.

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Sales Investor Renovation Due diligence 95

HomeLight

MAY 26, 2021

To find out, we talked to experts like Barrett Spray , a real estate agent based in central Florida who has 27 years of experience helping clients navigate the homebuying process, chatted with two appraisers about the ins and outs of home appraisals, and tapped into HomeLight’s extensive homebuying resource database.

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Inspection Residential Due diligence Title search 94

Housing Wire

MARCH 22, 2024

“Florida, like many places, is seeing the insurance piece of the component impacting people’s payments in a way that is making it hard to them to navigate the market,” said Cyndee Haydon , a Seminole-based agent for Future Home Realty agent. It is very busy. Literally since Jan.

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Marketing Seller concession Due diligence Days on market 379

HomeLight

DECEMBER 30, 2021

If you work with a buyer’s agent, you’ll sign a contract. Matt Laricy is a top agent in Chicago , completing 41% more sales than the average agent in his area. Matt Laricy is a top agent in Chicago , completing 41% more sales than the average agent in his area. Real Estate Agent. Matt Laricy. Matt Laricy.

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Purchase and sale agreement Title Short sale Closing 75

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 83

Redfin

MAY 2, 2023

Connect with a local agent in Colorado Connecting with a local real estate agent is crucial when buying a home in Colorado. Additionally, a local agent can help you navigate the complex homebuying process, from finding the right property and negotiating a fair price to coordinating inspections and closing the sale.

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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. Closing costs can range from 2.5% A top agent will help you remain competitive even in a cash market. million in condos.

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Earnest money deposit Inspection Due diligence Agents 62

HomeLight

AUGUST 16, 2021

But the best, most personalized and local way is to connect with a real estate agent in your area who has helped other buyers looking for this type of property. That gives us some breathing room for closing costs, holding costs, and selling costs, while still having the ability to make a reasonable ROI,” he says.

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Banks Pre-qualification Investor Short sale 104

HomeLight

JUNE 23, 2022

It’s really good faith money,” says Kelly Allen , a top agent and seller representative specialist in Marietta, Georgia. It is usually held in the broker’s or title company’s trust or escrow account until closing. The earnest money typically goes towards the buyer’s down payment or closing costs. Real Estate Agent.

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Marco Santarelli

SEPTEMBER 6, 2023

Additional Costs: Factor in additional costs associated with land acquisition, such as closing costs, taxes, and potential development expenses. Contingencies: Include contingencies in your offer that protect your interests, such as a due diligence period for inspections and assessments.

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Land Purchase and sale agreement Investor Due diligence 52

Redfin

MARCH 3, 2022

“A seasoned mortgage broker will fully analyze your situation and application, anticipate any issues, and guide you through the process to a smooth closing,” says Trey Bolen at Lendid Home Loans. It’s also important that buyers come to closing prepared with all necessary closing documents and payment for closing costs.

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Closing Title search Purchase and sale agreement Title 62

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. Ever heard of the due diligence fee in North Carolina? Real Estate. “I

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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. But is the cash closing process always seamless? A cash deal can close in as little as 7 days, while financed home purchases tend to take an average of 45 days to close.

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Closing Inspection contingency Title search Purchase and sale agreement 111

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. Barrett Spray Real Estate Agent Close Barrett Spray Real Estate Agent at Keller Williams 5.0

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Sales Investor Due diligence Renovation 80

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 Anyone asking the seller to help them with closing costs. “There’s basically six levels of buyers in the marketplace right now, and the No.

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Due diligence Finance Proof of funds Earnest money deposit 100

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. You’ve found yourself a FSBO home. What is a FSBO home?

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HomeLight

AUGUST 9, 2022

As we mentioned, your lender will need to see that you do actually have the money as part of your loan approval process — a current bank statement will usually suffice — but you won’t need to transfer it out until closing day. Real Estate Agent. Real Estate Agent at Berkshire Hathaway HomeServices, PenFed Realty Texas.

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Earnest money deposit VA loan Purchase and sale agreement FHA loan 94

HomeLight

FEBRUARY 21, 2023

Top-performing Georgia real estate agent Teresa Cowart works with 77% more single-family homes than the average agent in her Richmond Hill market. For this reason, many top agents will recommend that sellers provide a disclosure statement. Your agent should also be willing to go the extra mile on marketing.

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HomeLight

AUGUST 24, 2022

According to Todd Auslander , who completes 27% more sales than the average Stamford, Connecticut agent, selling a house ‘as is’ in Connecticut is mostly done when the owner inherits the house, lives out of state, or the house is in really bad condition. No but agent write ‘as is’ in the remarks section according to Auslander.

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HomeLight

JULY 29, 2022

“One big thing that could delay closing is if, say, someone goes out two weeks before they close and they buy a car — or they buy all new furniture,” explains Pete Veres , a top-selling agent with 19 years of experience in Albuquerque, New Mexico. Talk to your agent and loan officer about these options. Real Estate Agent.

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HomeLight

AUGUST 31, 2021

Plus, you’ll save money on things like commissions, repairs, and closing costs.”. However, we always recommend that you do your due diligence on any buyer before you provide any sensitive information, sign a contract, or send any money. Check their BBB rating. Request Cash Offer. Ask for proof of funds and EMD.

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Proof of funds Investor Due diligence Closing 144

Marco Santarelli

SEPTEMBER 19, 2023

It can also help you communicate effectively with other industry professionals, such as real estate agents, brokers, and attorneys. This may include real estate agents, appraisers, lawyers, and contractors. Be sure to conduct due diligence and fully understand the terms of the purchase agreement.

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Purchase and sale agreement Finance Due diligence Investor 52

HomeLight

MAY 27, 2021

We include advice from an agent who has worked with hundreds of new buyers, descriptions of different loans, and information about the many kinds of paperwork you’ll deal with. Average closing costs in 2020 were $6,087, including prepaid taxes, according to ClosingCorp data. Step 9: Do your due diligence.

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Loans Mortgages Title FHA loan 82

HomeLight

DECEMBER 7, 2021

Because it can be a complicated process, we researched the subject and spoke with Clarissa Marshall , who is in the top 1% of all real estate agents in her area in Asheville, North Carolina. Real Estate Agent. Real Estate Agent at eXp Realty. Buyer will review the report with their agent. What does the inspection cover?

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HomeLight

JULY 25, 2023

Reduced closing fees Besides repair and staging costs, a cash offer can cut out additional closing costs. Many house-buying companies will cover closing costs in full for the seller, which can amount to 9% to 10% of the sale price. 77 days ( 34 to get an offer, and another 43 days to close, on average).

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