HomeLight

JULY 31, 2020

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. Short sale. It can take weeks to months for the lender to approve a short sale.

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Closing Purchase and sale agreement Title search Earnest money deposit 109

HomeLight

SEPTEMBER 1, 2022

To shed light on your options when the appraisal is lower than desired, we talked to a seasoned real estate agent and two certified appraisers with a combined 50 years of experience in the appraisal industry. Foreclosures or short sales in the neighborhood. Find an Agent To Help You Make Sense of Your Home Appraisal.

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Purchase and sale agreement Earnest money deposit Short sale Loans 78

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

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. But other than reaching the closing table faster with cash, another advantage to a cash offer is that it saves you money long-term. Real Estate Agent. A cash sale: Start to finish.

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Purchase and sale agreement Closing Title search Title 103

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. If you’re obtaining traditional financing, waiving the financing contingency can put your earnest money deposit at risk.

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

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.

Purchase and sale agreement 98

Purchase and sale agreement Title Proof of funds Pre-approval 98

HomeLight

OCTOBER 1, 2020

Christina Griffin is a top agent who’s listed and sold thousands of foreclosures in Florida. Barry Karch works with 70% more homes than the average El Paso agent, which positioned him well to flip a house. He knew the market and what the home could capture in terms of sales price once it had been fixed up. A quick flip.

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Purchase and sale agreement Banks Earnest money deposit Equity 55