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5 tips for buying a home in a seller’s housing market

Housing Wire

Need a real estate agent? Work with an experienced agent. Having a great real estate agent can give you the upper hand in a seller’s market. Thanks to their experience and expert negotiation skills, agents can also help you submit a more competitive offer when you do find that dream house. just this year.

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How to Protect Your Earnest Money When Buying a House

HomeLight

Before you submit your bid, it’s important to understand what an Earnest Money Deposit (EMD) is, how you can use one to strengthen your offer, and how to protect your money should anything come up during your home-buying process. Get Started What’s earnest money?

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Should I Waive a Home Inspection? Why Buyers Are Willing To Right Now

Realtor.com

Thankfully, our real estate agent was able to find a local inspector who had a last-minute opening. A home inspection “is a few hundred dollars for your peace of mind,” says Jean Rosalia , a residential and commercial real estate agent based in Virginia Beach, VA. Should you waive inspections in a condo or new-build home?

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Contingent vs. Pending: Real Estate Lingo Explained

RIS Media

When your real estate agent puts your home in the multiple listing service, it will have an “Active” status. Doing so could mean the forfeiture of their earnest money deposit. Lenders aren’t going to provide money for a property that the buyer’s offer has overvalued. Appraisal Contingencies.

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What Must Be Disclosed When Selling a House in Georgia?

HomeLight

To help you navigate these murky waters, we spoke with a top real estate agent in Georgia and researched Georgia home seller requirements to answer some of the most common disclosure questions. Find a Top Agent to Help You Navigate Disclosures. Find Agent. Lead-based paint: If constructed or manufactured prior to 1978.

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How to Guide Millennial Buyers in the Current Market

RIS Media

Agents and brokers say they are trying anything they can to help their millennial clients seize their share of the American Dream, including sweetening their offers to sellers. “We were looking at increasing earnest money deposits, and that was rough because a lot of them are first-time buyers, so they are just starting.”

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The Housing Market Isn’t Crashing…But It Is Shifting

HomeLight

Our Summer 2022 Top Agent Insights Survey is out now, and it shows how the real estate market is changing. But the agents who responded also said it’s not crashing. You can find the group here: HomeLight Agent Mastermind – The Walkthrough. HomeLight’s Summer 2022 Top Agent Insights Survey. Leave a Review.