HomeLight

JANUARY 22, 2024

You can then make a strong offer on your next home with no home sale contingency. Learn More What makes up the ‘cost of living’ in Wyoming? When you’re planning to live in a new state, the cost of living there will be a combination of expenses required to maintain your desired lifestyle.

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HomeLight

JANUARY 30, 2024

You can then make a strong offer on your next home with no home sale contingency. Learn More What makes up the ‘cost of living’ in Vermont? When you’re planning to live in a new state, the cost of living there will be a combination of expenses required to maintain your desired lifestyle.

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Home sale contingency Closing costs Technology Sales 97

HomeLight

JANUARY 22, 2024

Discover the Innovative Way to Buy Your Next Home Before Selling Your Current Home Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. You can then make a strong offer on your next home with no home sale contingency.

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Home sale contingency Closing costs Technology Sales 86

Windemere Selling

NOVEMBER 30, 2022

The following information is meant to clarify some common real estate terms that describe a home for sale and its position in the closing process. For sellers, understanding this terminology will inform your conversations with your agent when it comes time to sell. What does contingent mean in real estate?

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HomeLight

JANUARY 30, 2024

You can then make a strong offer on your next home with no home sale contingency. Learn More What makes up the ‘cost of living’ in Maine? When you’re planning to live in a new state, the cost of living there will be a combination of expenses required to maintain your desired lifestyle.

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Home sale contingency Closing costs Technology Sales 90

HomeLight

JUNE 16, 2023

Editor’s note: Processes, rates, and services from real estate companies can change based on market conditions, housing trends, changes in technology, and customer needs. In many instances, a homeowner needs to use equity from their existing home to buy their next residence. Flyhomes does not yet serve all markets in the U.S.

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HomeLight

JANUARY 30, 2024

You can then make a strong offer on your next home with no home sale contingency. Learn More What makes up the ‘cost of living’ in Montana? When you’re planning to live in a new state, the cost of living there will be a combination of expenses required to maintain your desired lifestyle.

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Home sale contingency Closing costs Technology Equity 82

HomeLight

JULY 31, 2020

While seamless closings are ideal for everyone involved, they almost never happen unless the buyer is paying cash on the home, and even then there can be a roadblock or two. Buyers should also consider purchasing title insurance in case the title search misses something and a property claim is made after closing. Short sale.

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Redfin

JANUARY 25, 2021

4) Home sale contingency. This contingency is common for buyers who need the equity from the sale of their current home to purchase the next one, usually going toward the down payment and closing costs. 6) Kick-out contingency. 7) Home insurance contingency.

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HomeLight

JANUARY 3, 2023

Higher interest rates have been cooling the housing market nationwide, and real estate in Colorado is no exception. Inventory is starting to rise along with the average number of days on market as of September 2022. Year-over-year, monthly sales in the Phoenix metro area were down nearly 25%.

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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. Amidst a continuous pandemic, seller’s markets are still holding strong throughout the nation. As soon your agent understands what’s important to YOU, they can get to work anticipating the process.

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HomeLight

APRIL 15, 2022

They share photos of the home, complete a digital walkthrough, and have the property exterior inspected. After some email back-and-forth, they get their final iBuyer offer: Offer details: 98% of what a real estate agent estimated they could earn, minus a 5% service fee, a $2,000 repair credit, and 1% in closing costs. .

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HomeLight

MARCH 31, 2022

The seller’s market continues to boom in Florida. Early 2022 data from Florida Realtors® indicates a 23% increase in median sales price and a 33.3% drop in median time on the market. Once you’ve seen what’s required, you can roll up your sleeves and get started with your FSBO sale in Florida.

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Purchase and sale agreement Inspection Title MLS 93

HomeLight

MARCH 31, 2022

With such impressive sales figures, some sellers may be curious about how to sell a house by owner in Arizona — a decision that could help them save on agent commissions. While FSBO can work, it does come with some risks, including the possibility of selling your house for less than market value. What's Your Arizona Home Worth?

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HomeLight

DECEMBER 22, 2020

And it’s coming from urban real estate markets. Social distancing and stay-at-home directives have been the theme song of 2020, leading more and more urban dwellers to exit densely-populated city locations in favor of suburban residences. Nationally, a more typical “days on market” timeline would be less than 30 days.).

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Redfin

JANUARY 26, 2022

Depending on the state where your dream home resides, either the buyer’s agent or the real estate attorney will draft up the contract. In states where escrow agents handle the closing process, the buyer’s agent is responsible for preparing the PSA document. Purchase and sale agreement vs. purchase agreement.

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Purchase and sale agreement Earnest money deposit Sales Title 55

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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Redfin

MARCH 2, 2023

Regardless of your experience, navigating the housing market can be daunting, especially when it comes to understanding the complex jargon and legalities involved in purchasing a property. One important concept that all homebuyers should be familiar with though is the appraisal contingency. Are you a first-time homebuyer ?

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Purchase and sale agreement Earnest money deposit Finance Inspection 56

HomeLight

DECEMBER 6, 2023

Are you a homeowner in Chicago grappling with the challenge of selling your old home while eyeing your next dream house? Transitioning from one home to another often involves a delicate balance of timing and finances, especially in a market where inventory is scarce and prices are soaring. You’re not alone.

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HomeLight

JULY 31, 2022

One of the first steps is to pick a real estate agent to work with. But what if you decide that you don’t want to work with a buyer’s agent to buy your home? Well, welcome to your step-by-step guide to buying a home without a real estate agent. Find a home. You’ve decided it’s time to buy a house !

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Earnest money deposit Agents Purchase and sale agreement Title 91

HomeLight

MARCH 21, 2022

While selling to a We Buy Houses company offers a number of conveniences, house-buying businesses typically pay less than market value for the homes they purchase, and sometimes significantly so. They are another legitimate option for selling your home in the markets where they make purchases. House flippers.

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HomeLight

JUNE 23, 2022

However, if the buyer terminates the contract for any other reason not specified in these conditions, the seller is typically entitled to keep the earnest money as a concession for the time they took the home off the market to enter into the exclusive agreement. In competitive markets, this contingency is very unattractive to sellers.

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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

SEPTEMBER 27, 2023

Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. You can then make a strong offer on your next home with no home sale contingency. You’ve found a new home but don’t want to risk losing it to another buyer.

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Equity Loans Debt-to-income ratio Home sale contingency 88

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. You’ve found yourself a FSBO home. What is a FSBO home? 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 99

HomeLight

SEPTEMBER 25, 2023

Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. You can then make a strong offer on your next home with no home sale contingency. A contingency is a term or condition that must be met before the sale can be completed.

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Equity Loans Debt-to-income ratio Home sale contingency 86

HomeLight

MARCH 13, 2023

Perhaps your Metro West resort-style condo isn’t bringing in the revenue you expected as a vacation rental and you don’t want to invest more money to list it on the market. Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. Need to Sell Your House Fast in Orlando?

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HomeLight

DECEMBER 15, 2021

To help decipher them, Mikki Ramey , a top real estate agent in South Carolina, and Richard Helali, a mortgage lending expert with HomeLight Loans , gave us some pointers. A home sale contingency is a clause added to a purchase agreement that makes the sale reliant on you selling your previous home before you can close on the next home.

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HomeLight

OCTOBER 30, 2020

If you’re looking to buy a home, you’ve probably heard that cash is kind of a big deal in real estate. 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? Why do sellers love cash so much?

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HomeLight

JANUARY 4, 2022

While that still happens in scenarios where a seller can’t afford repairs or is facing serious issues with a property, cash sales have expanded beyond the distressed homes market, as sellers benefit from new technologies, instant sale platforms , and a competitive housing environment that has increased the percentage of cash offers.

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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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HomeLight

MARCH 31, 2023

To give you all the information you need to evaluate if a bridge loan is right for you, we spoke with Rick Ruiz , who sells homes 67% faster than other agents in the Las Vegas, Nevada area, and Heidi Daunt , Branch Manager and owner of Treehouse Mortgage Group with over 35 years of lending experience. Let’s dive in.

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HomeLight

APRIL 21, 2022

To help you evaluate your first offer, we’ll walk you through key consideration points, how to weigh the strength of the offer, encourage you to assess your objectives, and how to factor in market conditions. Your house has been on the market three months or more. It’s an inherited home you’re eager to sell. Find an Agent.

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Inspection contingency Home sale contingency Pre-approval Agents 107

HomeLight

MARCH 31, 2023

Find a Top California Agent With Experience in Bridge Loans Partner with a top agent who knows your California market and has experience with bridge loan programs. HomeLight can connect you with an experienced buyer’s agent who can help you navigate your entire homebuying journey. Let’s dive in.

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HomeLight

AUGUST 16, 2021

We have enlisted the help of one of Colorado’s top real estate agents, Alexa Elliot , who has helped many of her clients buy their first home in addition to helping buyers with investment properties. Hardiman was inspired to get into the market at the age of 26 when she realized her rent money was enough for a monthly house payment. “I

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HomeLight

DECEMBER 22, 2020

The couple would have to tackle both selling their current home and buying a new one — all during the coronavirus pandemic. Plus, they knew the competition would be hot: Tampa’s housing market is stronger than ever, and it’s seen impressive growth over the past year. Tampa’s housing market trends in a coronavirus world.

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HomeLight

APRIL 26, 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 Alabama market.

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