HomeLight

OCTOBER 5, 2020

To help you calculate how much a foreclosed home might sell for at auction, we talked to expert real estate agents with years of experience in the field of foreclosures. Constantine recommends you do your due diligence. Source: (bongkarn thanyakij / Pexels). How much do foreclosed homes sell for at auction? Appraised value.

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Due diligence Earnest money deposit Banks Inspection 54

HomeLight

MARCH 30, 2022

In a HomeLight survey of top agents, 58% expect the upswing in cash offers to continue throughout 2022 as sellers want convenience, speed, and certainty. When you add in agent commissions, you could save an average of $31,000 in selling costs, according to HomeLight data. Keep it simple with HomeLight’s Simple Sale platform.

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Sales Investor Renovation Due diligence 95

HomeLight

AUGUST 16, 2021

If you are already a listener, come join us to mastermind with other listeners, connect with the guests that you hear on the show, learn from other agents and share your knowledge, get exclusive content, influence future episodes, and more. You can find the group here: HomeLight Agent Mastermind – The Walkthrough. FreddieMac.

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Marketing Short sale Bankruptcy Banks 75

HomeLight

AUGUST 16, 2021

But the best, most personalized and local way is to connect with a real estate agent in your area who has helped other buyers looking for this type of property. “So making sure your data sources are current is crucial to finding these properties.”. There are online tips and tools available to help you find bank-owned homes.

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Banks Pre-qualification Investor Short sale 104

HomeLight

SEPTEMBER 1, 2020

According to top Florida Real Estate agent Troy Walseth , who has 27 years experience under his belt, “You really can’t buy a ‘foreclosure.’ You can buy a short sale, or you can buy a bank-owned property — but the foreclosure is just what’s happening in the process.”. Step 1: Find the right agent.

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Banks Inspection contingency Inspection FHA loan 78

HomeLight

FEBRUARY 26, 2021

I think that’s probably the most important piece of this,” says Kim Tupper , a real estate agent of more than a decade in southeastern Pennsylvania who sells properties more than 69% faster than the average agent in the Lincoln University area. But you can’t keep quiet about it, and neither can your agent.

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As-is Sales Inspection Investor 96

HomeLight

JANUARY 25, 2021

Jim Griffin , a top real estate agent in Johnson City, Tennessee, has helped connect cash investors with sellers looking to unload damaged property, such as a 1,600-square-foot home wrecked in a fire. The structure “had to be taken down to the studs,” Griffin says, not the ideal condition for a conventional sale. Next steps.

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Purchase and sale agreement Investor Inspection Due diligence 105

HomeLight

AUGUST 24, 2022

With Simple Sale, you can get an all-cash offer in as few as 48 hours and sell your home in as little as 10 days, skipping the months it can take to sell the traditional way. Closing costs: No prep costs, no agent commissions, and no fees charged by HomeLight. Reviews: Simple Sale is a HomeLight platform. Listing with an agent.

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Closing costs Purchase and sale agreement Closing Staging 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 92

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 109

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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Closing Purchase and sale agreement Title Home sale contingency 104

HomeLight

JULY 31, 2021

Whether you’re a retiree looking to downsize from a large suburban home or a landlord ready to unload a River Walk rental condo, finding cash home buyers in San Antonio will be the best way to fast-track the sale and move you closer to your goals. No additional repairs, prep costs, agent commissions, or hidden fees.

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Investor Title Due diligence Sales 105

HomeLight

AUGUST 24, 2022

Work with a reputable local real estate agent. There are plenty of reasons to have a real estate agent in your corner — visibility in the MLS , help with stagings and showings, assistance with negotiations and contracts, to name just a few — and now you can add sourcing a cash buyer to the list. Do your due diligence.

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Purchase and sale agreement Title search Proof of funds Title 105

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. Short sale or bank approval contingencies. It’s time to get creative. As the old saying goes, money talks.

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

HomeLight

MAY 24, 2022

Byron Ford , an agent in New Bedford , Massachusetts, works with 76% more single-family homes than other agents in his area. He speculates that this is likely due to “the competition we’re facing now. Everyone involved will need time to perform their due diligence. Real Estate Agent. Michael Simpkins.

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Purchase and sale agreement Closing Title search Title 104

HomeLight

MARCH 10, 2023

We tapped two top HomeLight agents to help you navigate the ins and outs of house flipping in the State of New York as well as provide some tips and tricks specific to New York properties. A Top Agent Can Be Your New York Real Estate Investment MVP Interested in flipping a house in New York? A top real estate agent can help.

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House Flipping Renovation Investor Finance 88

HomeLight

SEPTEMBER 30, 2021

“A foreclosed property is a property that has gone through the legal process of foreclosure where the bank seeks to regain ownership of the property to make good on a debt,” explains top Seattle real estate agent Ken Crotts , who works with over 66% more single family homes than the average area agent. But let’s back up a minute.

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Banks Inspection Equity Investor 104

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 70

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. Before you start house-hunting, find a real estate agent to guide you through the process. Step 9: Do your due diligence.

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Loans Mortgages Title FHA loan 82

HomeLight

JULY 31, 2021

“This gives us a good idea of the condition of the property, so we know where we can provide value in the sale. If the whole house has been renovated recently and the seller wants full market value, they’re typically better off working with an agent.”. Work with a real estate agent. Good bones. Strategic price point.

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Earnest money deposit Inspection Proof of funds Inspection contingency 98

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

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Purchase and sale agreement Title Proof of funds Pre-approval 97