Toronto Realty Blog

JUNE 2, 2021

They would be conditional on a lawyer’s review, a home inspection commissioned by the buyer (but paid for by the government…), satisfactory and guaranteed mortgage financing, a catch-all for unfettered “due diligence,” and a mandated ten-day cooling-off period where the buyer can change his or her mind for any reason.

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Pre-approval Inspection Purchase and sale agreement Due diligence 96

RIS Media

OCTOBER 22, 2020

Evaluate your current credit situation and make a game plan to clean up your credit score, if needed, prior to starting the pre-approval process.” Be sure to also clarify the difference between pre-approvals and pre-qualifications. Due diligence for home improvements is also important, says Zillow.

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Pre-qualification Pre-approval Due diligence Finance 97

Point2Homes

JANUARY 31, 2023

With a budget in place, your next step should be to get pre-approved for a mortgage. Without being pre-approved, you’ll need to delay your offer while you secure financing. So, take your time and ask your real estate agent for advice. You can easily find templates online, or your real estate agent can supply one.

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Earnest money deposit Purchase and sale agreement Pre-approval Inspection 98

Point2Homes

SEPTEMBER 30, 2021

If you haven’t already, try hiring a real estate agent to market your home. The Buyer Is Not Pre-approved for a Loan. Although buyers are not required to be pre-approved for a loan in order to buy a house, expecting them to be is perfectly reasonable. Also, it’s worth inviting friends over and asking for feedback.

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Pre-approval Proof of funds Inspection contingency Due diligence 98

CT Homes

OCTOBER 19, 2020

Between mortgage pre-qualifications and seemingly endless paperwork the process can often be too much to handle. We eliminate all of the painstaking due diligence tasks and allow you to focus on what’s really important…finding your dream home. Some type of due diligence is dug up after escrow kills the deal.

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Pre-approval Termite Report Pre-qualification Due diligence 54

Redfin

MAY 24, 2022

Either way, it’s time to find a real estate agent to guide you through what can be a challenging – and sometimes stressful – process. Steps to take before hiring a real estate agent. Things to consider before finding a real estate agent. Get pre-approved: It’s also a good idea to get pre-approved on a home loan before you start.

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Agents Pre-qualification Purchase and sale agreement Pre-approval 73

HomeLight

AUGUST 31, 2021

submit your purchase offer with a pre-qualification or preapproval letter from a lender, these funds aren’t a sure thing until the loan is fully approved. Jason Bragg , a top-selling agent in North Carolina’s Winston-Salem area, reports that cash offers are especially common in 2021 among buyers who are downsizing.

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Due diligence Inspection Pre-approval Pre-qualification 77

Redfin

JUNE 21, 2023

From relationship building to conducting due diligence, you’ll be equipped with the knowledge and strategies to enter the world of real estate investing and buy your first investment property with ease. Let’s get started! First, there are property taxes.

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Due diligence Earnest money deposit Investor Inspection 58

Marco Santarelli

OCTOBER 4, 2023

Get pre-approved for a mortgage before you start shopping. Work with a qualified real estate agent who can help you navigate the competitive market. A good agent will be able to help you find the right home for your needs and budget, and they will be able to advocate for you during the negotiation process.

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Marketing Due diligence Investor Pre-approval 75

Louisville Homes

SEPTEMBER 9, 2022

If you plan to get a loan, make sure that you get your pre-approval before you start looking. Finding a professional local agent to work with you is essential. An experienced agent has been around the block, literally, and should know the ebbs and flows of your real estate market. Build your plan then stick to it.

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Due diligence Pre-approval Inspection New Construction 52

CT Homes

OCTOBER 19, 2020

Between mortgage pre-qualifications and seemingly endless paperwork the process can often be too much to handle. We eliminate all of the painstaking due diligence tasks and allow you to focus on what’s really important…finding your dream home. Lender Pre-Approval. Pre-Opened Escrow.

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Pre-approval Termite Report Pre-qualification Due diligence 52

CT Homes

OCTOBER 19, 2020

Between mortgage pre-qualifications and seemingly endless paperwork the process can often be too much to handle. We eliminate all of the painstaking due diligence tasks and allow you to focus on what’s really important…finding your dream home. Lender Pre-Approval. Pre-Opened Escrow.

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Pre-approval Termite Report Pre-qualification Due diligence 52

Realty Biz

NOVEMBER 11, 2020

How your real estate agent markets your property when an offer has been accepted can have vital implications. For example, some agents will mark your home contingent, while others will mark pending. Will the buyer have an exceptional real estate agent? For a real estate agent, terms like contingent come as second nature.

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Backup offer Sales Home sale contingency Earnest money deposit 110

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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Sales Purchase and sale agreement Due diligence Inspection 88

HomeLight

JUNE 28, 2021

HUD’s Office of Housing also includes the Federal Housing Administration (FHA), an agency that insures mortgage loans issued by FHA-approved lenders to protect against losses if a borrower defaults on a loan. The buyer must work with a HUD-approved real estate agent/broker for all bidding (HUD homes are sold at auction).

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Pre-approval Pre-qualification FHA loan Inspection 92

Marco Santarelli

OCTOBER 19, 2023

Tips for Buyers in the Akron Housing Market Get pre-approved for a mortgage before you start shopping for a home. Work with a real estate agent who is familiar with the Akron housing market. A good agent can help you find homes that meet your needs and budget, and they can negotiate on your behalf.

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Marketing Investor Due diligence Pre-approval 93

Dwell Real Estate

MARCH 4, 2021

Bidding wars are common—in most of 2020, over half of home offers written by Redfin agents faced competitive bids, according to the company’s study. Get Pre-approved Pre-approval is a step most buyers will take anyway, but it’s absolutely essential for anyone in a competitive bidding situation.

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Pre-approval Pre-qualification Due diligence Closing 40

Dwell Real Estate

MARCH 4, 2021

Bidding wars are common—in most of 2020, over half of home offers written by Redfin agents faced competitive bids, according to the company’s study. Get Pre-approved Pre-approval is a step most buyers will take anyway, but it’s absolutely essential for anyone in a competitive bidding situation.

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Pre-approval Pre-qualification Due diligence Closing 40

Redfin

MAY 2, 2023

Additionally, it’s important to review your credit report and score, as these can impact your ability to get approved for a mortgage and affect your interest rate. Connect with a local agent in Colorado Connecting with a local real estate agent is crucial when buying a home in Colorado.

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Pre-approval FHA loan Loans Finance 59

Redfin

MARCH 3, 2022

It’s recommended to get pre-approved before house hunting to give yourself a realistic idea of how much home you can afford ; however, a mortgage pre-approval doesn’t guarantee that your loan application will be approved. Delayed approvals from Homeowners Associations. “Not How to remedy the situation.

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Closing Title search Purchase and sale agreement Title 62

HomeLight

MAY 28, 2021

These nostalgic houses can be a great purchase, as long as buyers do their due diligence. Courtney Kattengell , a New Orleans real estate agent and Designated Historic Homes Specialist, appreciates the value of these very special homes. “It Societies may need to grant approval for everything from additions to paint colors.

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Due diligence Renovation Pre-approval Construction 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 simply a period of time that the buyer sets to secure financing approval from a lender for the purchase of the home. Real Estate Agent. Real Estate Agent at Keller Williams Realty Atl North.

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Earnest money deposit Purchase and sale agreement Due diligence Home sale contingency 108

HomeLight

JANUARY 5, 2022

Real Estate Agent. Real Estate Agent at The Kaminsky Real Estate Group. Do: Consider hiring a real estate agent. Hiring a real estate agent is not compulsory when you sell a house to a friend. It’s always tougher to negotiate with a friend,” says Edward Kaminsky , a top real estate agent in Los Angeles County. “If

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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 77

HomeLight

MARCH 19, 2022

I tell my sellers that we are a team, and if they’ll do their part, I’m going to do my part,” says Brandi Abram , a top-selling real estate agent in Lawrence, Kansas. A Realtor® is not exactly the same thing as a real estate agent, though they’re similar. In fact, 82% of recent sellers hired the first agent they met.

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Closing Due diligence Agents Staging 90

HomeLight

SEPTEMBER 15, 2021

Without further ado, we’ve done the research to round up the key documents needed to sell a house and run them by two top real estate agents and a real estate attorney who’ve seen these forms countless times. Pre-listing inspection report. Past utility bills. Comparative market analysis. Listing agreement. Proposed marketing plan.

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Purchase and sale agreement Inspection Title Pre-approval 114

Hank Miller Team

APRIL 4, 2022

Zero or a day or two of due diligence is common; buyers that are focused are willing to take this risk provided they get a good feel for the home during the showing. Instead of just a generic pre-approval letter, they are formally applying for the loan ahead of time and know they will qualify once a home is found.

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Due diligence Pre-approval Inspection Investor 75

HomeLight

OCTOBER 29, 2020

Choosing a qualified agent and searching for the perfect home in terms of ideal size, location, price, and condition can already feel like a journey, but making an offer on a property is when the challenge really begins. That being said, pre-approvals aren’t yet a guarantee of funds and they usually carry an expiration date.

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Purchase and sale agreement Pre-approval Earnest money deposit Inspection 79

HomeLight

MARCH 13, 2023

Regarding the impact of higher interest rates, if a buyer is already “liquid,” they might prefer to use their money to buy real estate rather than invest in the stock market, says Ross Speed , a top agent in Austin, who works with over 74% more single-family homes than the average agent in the market.

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Sales Investor House Flipping Pre-approval 67

HomeLight

AUGUST 16, 2021

Perrin Cornell , a top agent in Wenatchee , Washington, who works with 82% more single-family homes than the average agent in his area. Reynolds adds that “using a real estate agent who’s familiar with foreclosures in your local area may be valuable and more time-efficient” than simply searching online. Let the bidding begin!

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Title Due diligence Finance Inspection 110

Marco Santarelli

AUGUST 26, 2023

Local Real Estate Agents: Partnering with a knowledgeable local real estate agent is essential. Financing and Pre-Approval: Secure mortgage pre-approval before you begin house hunting. Key Tips Pricing Strategy: Collaborate with a local real estate agent to determine a competitive listing price.

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Marketing Due diligence Pre-approval Land 52

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

AUGUST 31, 2021

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. Alternatively, an established real estate agent will likely have the inside track on who’s who in the local cash buyer market and can also help you avoid getting lowballed.

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Proof of funds Investor Due diligence Closing 144

HomeLight

OCTOBER 12, 2022

We’ve consulted with a top real estate agent and researched items that must be disclosed to help make sense out of the seller disclosure form in Utah. Ask your real estate agent or attorney about anything you don’t understand. What is a seller’s disclosure? Seller disclosure forms are legal documents, so take them seriously.

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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. This means the buyer and seller have a pre-existing relationship of some kind (i.e.

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Purchase and sale agreement Title Title search Finance 92

HomeLight

MARCH 16, 2023

“We get a massive amount of investors coming to us looking for us to help them with investment properties, and a lot of them are cash,” says James Krueger , a top-performing real estate agent who sells properties 42% faster than the average Houston agent. HomeLight can connect you with a top-performing agent in your Houston market.

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Sales Purchase and sale agreement Earnest money deposit Investor 63

HomeLight

DECEMBER 6, 2022

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 the expertise to list your home FSBO, working with a top agent in New Jersey could be your best bet. Get Started.

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