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How to Buy a Foreclosure: Your Go-To Guide to Distressed Properties

HomeLight

But right as you’re about to call your real estate agent, you notice there’s a line in there that labels it a foreclosure. We talked with veteran real estate agents with a combined 30-plus years working with foreclosures to bring you a comprehensive guide to the often confusing world of distressed properties. Pre-foreclosure.

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New Year, New Home? 9 Myths About Buying a New-Construction House That Actually Aren’t True

Realtor.com

“It’s true, on the average, that new homes of similar sizes historically outprice pre-owned by about 16%,” says Stephen Haines , president of Artisan Built Communities. “Depending on the age of the pre-owned homes, one should understand the remaining life expectancy of these components,” says Haines.

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4 signs a pending home sale will fall through

Real Trends

Aspiring and veteran real estate agents should be well aware that the same applies to the home buying and selling process: uncertainty hangs over every deal. A pending sale may be referred to as “under contract” by some real estate agents. It should be reassuring for all real estate agents that not many home sales fall through.

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131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

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. It might feel stressful, but handling contingencies well is actually a time when you, as the agent, can really shine.

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The Ultimate Guide to Buying a House in North Carolina

Redfin

The city’s diverse neighborhoods offer a range of affordable suburbs , from historic districts like Fisher Park to modern developments in the suburbs. Get pre-approved from a lender Getting pre-approved from a lender is equally important with several significant benefits.

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How to Buy a House in the Bay Area: 14 Steps to Close the Sale

HomeLight

With the help of top Bay Area agent Carl Medford , who has 22 years of experience and specializes in helping first-time homebuyers, we’ve put together a comprehensive guide that breaks down all the ins and outs of buying a house in the Bay Area. Looking to Buy Your Dream Home in the Bay Area? Loans are between 3%-3.5%

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This Checklist and Timeline Is Your GPS for Buying a House

HomeLight

“If you want to buy a house, you need to have money saved up,” says April Mason , an agent in Corpus Christi , Texas, who has completed 24% more sales than the average agent in her market. Start by doing an internet search for down payment assistance in your city or state. Hiring an agent. Shopping online.