HomeLight

JANUARY 12, 2022

You’ve accepted an offer on your house and both you and the buyer have signed the purchase contract. According to the loan software firm ICE Mortgage Technology, it took 50 days on average to close on a purchase loan for a house, as of Q3 2021. Signing the purchase agreement: 1-3 days. So if you list your home on Jan.

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Closing Purchase and sale agreement Pre-approval Inspection 110

HomeLight

JULY 31, 2020

There’s a house for sale that you want to buy. In the February 2020 Realtors Confidence Index survey by the National Association of Realtors, 77% of real estate agents responded that contracts closed on time, and 19% reported delays but eventually closed; 4% of contracts were terminated. Loan approval. Easy, right?

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Point2Homes

JULY 28, 2020

Put simply, escrow is a legally binding arrangement in which a third party takes custody of sums of money, deeds, and documents, until a specified agreement is reached between two parties. The first is during the purchase process and is typically referred to as escrow. Escrow During the Purchase Process.

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HomeLight

JANUARY 3, 2023

Year-over-year, monthly sales in the Phoenix metro area were down nearly 25%. Sellers who may have been wondering about how to sell a house by owner in Colorado during the hot seller’s market of 2021-2022 may now face stronger headwinds and more discerning buyers, according to top real estate agents surveyed by HomeLight.

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HomeLight

MARCH 31, 2022

Early 2022 data from Florida Realtors® indicates a 23% increase in median sales price and a 33.3% With such impressive sales figures, some Florida sellers may be curious about how to sell a house by owner in Florida — a decision that could help them save on agent commissions. drop in median time on the market. Get Started.

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Redfin

MAY 5, 2023

Due to the state’s thriving economy, low cost of living, and a growing population, Texas has become a magnet for buyers and investors, which has resulted in median sale prices climbing steadily in recent years. to $341,300 and competition slowing down. And if you find your interest between two cities, fear not.

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HomeLight

JUNE 23, 2022

In many cases, if a homebuyer wants to back out of a contract and retrieve their earnest money, they’ll be able to find a way to do so within the confines of the real estate purchase contract. Earnest money is meant to compensate the seller for the time wasted in the event of a failed contract.

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HomeLight

JUNE 29, 2022

Before you post the “for sale” sign in your front yard, it’s important to prepare yourself for a critical part of the home-selling process : negotiating with buyers. Here are nine expert house negotiation tactics to help you on your way to a successful sale. Real Estate Agent. Chester Ardolino. Chester Ardolino. Transactions.

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HomeLight

MARCH 16, 2023

Do you need to connect with cash home buyers in Houston for a fast sale? Perhaps you’re relocating for your dream job in two weeks, but you don’t have the time or money to replace the roof on your University Place ranch that has sprung a leak. The newbie with little experience doesn’t have the money to keep it long term.

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Sales Purchase and sale agreement Earnest money deposit Investor 64

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. While widely considered a best-practice move when purchasing a house, home inspections have some wiggle room.

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Purchase and sale agreement Pre-approval Earnest money deposit Inspection 78

Realtor.com

OCTOBER 29, 2020

Most purchase agreements have contingencies —things that buyers must do before the real estate transaction is official, explains Jimmy Branham , a Coral Springs, FL, real estate agent at the Keyes Company. If something is wrong, you can request that it be fixed—or you can back out of the sale. Clear the title.

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Redfin

AUGUST 3, 2022

Homeownership offers stability and a sense of security and safety, but the process of making the biggest purchase of your life can seem overwhelming. Find a real estate agent you trust. A real estate agent will be with you every step during the home buying process and will offer expert knowledge of the local housing market.

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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. This tool, also known as a like-kind exchange, allows investors to defer paying capital gains taxes on a sale.

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