HomeLight

APRIL 17, 2024

In normal home sales, many real estate agents are negotiating rent-back periods for home sellers. Opendoor charges a daily rate which is calculated based on: home value, utility costs, and days of rent-back. It’s worth it to talk to an experienced agent and see what they could do for you. Trustpilot : 4.6

Seller concession 93

Seller concession Inspection Rent back Closing 93

HomeLight

FEBRUARY 28, 2022

In a perfect world, you can put your current house on the market, sell quickly to get your equity out of your home to use for a down payment, and find your next dream home just as quickly. According to information collected by CoreLogic, a property data provider, homeowners averaged an equity gain of more than $56,000 in 2021.

Equity 116

Equity Debt-to-income ratio Closing Loans 116

HomeLight

JUNE 30, 2021

Christina Roberto , an agent in Georgetown, Texas, who works with 78% more single-family homes than the average agent in her area, has had offers with sales contingencies accepted even in a hot seller’s market. If the contingency isn’t met, it usually means that you can drop out of the purchase and get your earnest money back.

Rent back 103

Rent back Inspection contingency Earnest money deposit Finance 103

HomeLight

JULY 29, 2022

We’ll explain the market’s impact on this decision to sell or buy first, and provide advice from real estate experts such as Joel Barber , a top agent who works with 83% more single-family homes than the average Myrtle Beach, South Carolina, agent, to help you make the right choice. Transition via rent back.

Debt-to-income ratio 108

Debt-to-income ratio Loans Rent back Equity 108

HomeLight

MARCH 28, 2022

No staging, no repeated showings, no agent commissions. If you purchased the home recently, such as a year or two ago, it’s possible you haven’t built up much equity yet. Home equity is a homeowner’s financial stake in their property that they own free of their mortgage loan obligation.). Close in as little as 10 days.

Purchase and sale agreement 110

Purchase and sale agreement Equity Agents Staging 110

HomeLight

MAY 24, 2022

Or the idea of cashing out the equity on your two-story home and downsizing to a single-level house sounds appealing. When I talk to my clients, it’s really about looking at the big picture and then what’s right for them,” says Deidre Quinn , an award-winning agent in the Philadelphia area. Real estate market starts to cool off.

Pre-approval 98

Pre-approval Equity Agents Closing costs 98

HomeLight

JANUARY 4, 2022

Fifty-eight percent of surveyed agents expect the recent rise in cash offers to persist beyond the temporary housing craze, as sellers now have greater expectations for convenience, speed, and certainty. HomeLight’s 2020 agent survey found that buyers who would traditionally use a mortgage are finding ways to pay cash however they can.

Investor 98

Investor Finance Inspection Sales 98

HomeLight

OCTOBER 1, 2020

It’s good to understand the market of the moment,” says Madison-based real estate agent Lynn Holley , who works with 72% more single-family homes than the average agent in Madison. Are you able to offer the seller more time to stay in the home, or suggest a rent-back agreement? Talk to your agent.

Purchase and sale agreement 84

Purchase and sale agreement Short sale Rent back Sales 84

HomeLight

JANUARY 28, 2022

Michael Ramos is an experienced agent in San Jose , California, who sells homes 61% faster than average agents in his area. There are times in life when you need cash in your bank account, not in a home’s equity. Real Estate Agent. Real Estate Agent at Keller Williams - Melbourne. You’ll get a cash offer.

Purchase and sale agreement 106

Purchase and sale agreement Investor Agents Sales 106

HomeLight

JANUARY 28, 2021

A report from CoreLogic recently revealed that homeowners enjoyed an average annual equity gain of $17,000 in Q3 2020, pushing equity levels to record heights nationwide. The trend right now is moving out of the city,” echoes Martin Tokos , a real estate agent who works in and around Boston. So where do home prices stand?

As-is 102

As-is Purchase and sale agreement Agents Equity 102

HomeLight

SEPTEMBER 23, 2021

You want to get your house on the market when you have the most buyers looking because that’s when you get the best prices,” advises top real estate agent Nicole Van Den Bosch , who completes 32% more sales than the average agent in Show Low, Arizona. Consult a top real estate agent in your area for expert advice.

Rent back 77

Rent back Home sale contingency Agents Sales 77

Realty Biz

MAY 16, 2022

The call is made to your real estate agent within 30 minutes of seeing the home pop up online and you schedule a showing immediately. In instances such as this where an appraisal comes in low, a buyer will increase their down payment to provide more equity in the home. Give The Seller Their Closing and Agree to a Rent Back if Needed.

Earnest money deposit 95

Earnest money deposit Purchase and sale agreement Rent back Inspection 95