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. Purchase agreement.

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Purchase and sale agreement Title Closing costs Seller disclosure 83

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 108

HomeLight

JULY 26, 2022

Is it a yard sale? No…it’s a for sale sign!!! 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.

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Earnest money deposit Purchase and sale agreement Title Inspection 93

HomeLight

SEPTEMBER 13, 2022

With some guidance from a top real estate agent and a veteran real estate attorney, we’ll cover seven important steps to consider when selling a house to a family member, as well as some questions you might have about the process. Sign a purchase agreement. Closing timeline. Closing costs , and who will be paying them.

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Purchase and sale agreement Title Title search Finance 91

HomeLight

DECEMBER 30, 2021

If you work with a buyer’s agent, you’ll sign a contract. When you make an offer to buy a house, you’ll sign and initial contracts for each offer, and when one is accepted, it’s now officially a purchase agreement , which becomes a legal document. Real Estate Agent. Real Estate Agent at Americorp Real Estate.

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Purchase and sale agreement Title Short sale Closing 74

HomeLight

AUGUST 9, 2022

It’s the first financial move you’ll make in securing your new home purchase. Down payment due dates can be a bit of a gray area. 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? Real Estate Agent.

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Earnest money deposit VA loan Purchase and sale agreement FHA loan 91

HomeLight

APRIL 11, 2023

Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. Receive your offer within a week and close in as little as 10 days. They usually present a take-it-or-leave-it sale price. If you accept the offer, you’ll both sign a sales contract.

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Purchase and sale agreement Closing costs Closing Sales 84

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. This tool, also known as a like-kind exchange, allows investors to defer paying capital gains taxes on a sale.

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Purchase and sale agreement Title Proof of funds Pre-approval 98

HomeLight

SEPTEMBER 15, 2021

Even if you’re listing your home without a Realtor’s® help, you’ll still need to gather the necessary paperwork for the sale and fill it out correctly. We hope it helps illuminate this tricky part of the sale, while giving you an honest idea of just how complex real estate transactions can be! Original sale contract.

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Purchase and sale agreement Inspection Title Pre-approval 110

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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Earnest money deposit Purchase and sale agreement Due diligence Inspection 76

HomeLight

JULY 29, 2022

What can go wrong on the buyer’s side at closing. You can avoid getting into this situation by avoiding making other big purchases or applying for other loans once you are approved for a mortgage and under contract. First, when deciding to purchase a home, you’ll naturally try to make sure you’re at a stable point in your career.

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Closing Purchase and sale agreement Title Home sale contingency 102

HomeLight

SEPTEMBER 30, 2022

Here, we’ve enlisted the expert advice of top agents, industry insiders, and recent homebuyers to address key questions to ask when buying a new construction home. Their insight and experiences can help you avoid costly problems, prevent unpleasant surprises, and make a smarter purchase. Real Estate Agent. Michele Friedler.

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Construction Purchase and sale agreement New Construction Inspection 103

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. Source: (LinkedIn Sales Solutions / Unsplash). Real Estate Agent. Real Estate Agent at eXp Realty. What does the inspection cover?

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Inspection Purchase and sale agreement Pre-approval Closing 86

HomeLight

JULY 12, 2022

If you are thinking about selling your home, those low-hassle, convenient, fast-sale pitches may pique your interest. You may be curious about getting an online quote for the sale of your home. These buyers will provide an online quote to purchase your home—often sight-unseen. Like you, they thought there had to be a catch.

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Purchase and sale agreement Investor Equity Closing 80

HomeLight

APRIL 29, 2022

“Some people have a lot more time and energy to engage and make the best of the sale, and some people don’t,” says George Graham , a top real estate agent in the Seattle, Washington, area. An as-is home sale often indicates that the home has some “big-ticket items” that won’t pass the required inspection or appraisal, he adds.

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As-is Purchase and sale agreement Investor Inspection 69

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

AUGUST 24, 2022

Maybe your company is transferring you from Atlantic City to Las Vegas, and you don’t have time for a lengthy home sale process. HomeLight’s Simple Sale platform provides full cash offers for homes in almost any condition nationwide and in New Jersey. Get an offer in as few as 48 hours and close in as little as 10 days.

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Closing costs Purchase and sale agreement Closing Staging 76

Marco Santarelli

SEPTEMBER 6, 2023

Financial Planning: Assessed land value is a critical factor when planning the financial aspects of a land investment, including budgeting, financing, and setting a reasonable purchase price. Negotiation Skills: Your negotiation skills and ability to reach a mutually beneficial agreement with the seller can impact the final purchase price.

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Land Purchase and sale agreement Investor Due diligence 52

HomeLight

DECEMBER 13, 2022

When the time comes to move, some tenacious homeowners in Virginia are eager to take over the reins of their home sale and figure out how to sell a house by owner. With millions of homes sold each year, a modest portion of sellers — about 7% in 2021 and 10% in 2022 — choose to list “For Sale By Owner” (or FSBO — pronounced fizz-bow).

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Purchase and sale agreement MLS Agents Sales 83

Norada Real Estate

FEBRUARY 21, 2022

Looking to purchase and profit from a rental property? Imagine this – After you make the down payment and pay all closing costs, the renter pays off your mortgage. However, it requires due diligence, on your part, to ensure you get the best return on your investment. How good is that?

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Purchase and sale agreement Investor Due diligence As-is 110

Redfin

MARCH 3, 2022

But before you can get your keys, you’ll want to be cautious of any roadblocks or setbacks that could cause a delayed closing and postpone your move-in date. You’ll want to rethink purchasing that beautiful new couch and hold off on planning those backyard additions before the title has been cleared. Financing issues.

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Closing Title search Purchase and sale agreement Title 63

HomeLight

DECEMBER 6, 2022

When the time comes to move, some tenacious homeowners in New Jersey are eager to take over the reins of their home sale and figure out how to sell a house by owner. With millions of homes sold each year, a modest portion of sellers — about 7% in 2021 and 10% in 2022 — choose to list “For Sale By Owner” (or FSBO — pronounced fizz-bow).

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Purchase and sale agreement MLS Pre-approval Agents 75

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 2: Learn about loans.

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Loans Mortgages Title FHA loan 81