Lighter Side of Real Estate

AUGUST 5, 2020

Ask an agent to go see houses before getting pre-approved. If you haven’t actually qualified for financing, you should hold off on going to look at houses with a real estate agent (or even going to open houses), since there’s no guarantee that a mortgage company can lend you the money. Try to mislead the mortgage company.

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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. Loan approval. Repairs identified in the inspection. Problems with the title.

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Closing Purchase and sale agreement Title search Earnest money deposit 117

Redfin

MARCH 3, 2022

You’ll want to rethink purchasing that beautiful new couch and hold off on planning those backyard additions before the title has been cleared. From appraisal issues to home inspection roadblocks, there’s a lot that can go awry before finally closing on your property. Major damage is found during the home inspection.

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HomeLight

JANUARY 12, 2022

Next steps include the home inspection, appraisal, and final paperwork. The seller’s portion of closing day usually takes one to two hours , according to Sherry Wiggs , a top real estate agent in Westchester County, New York. Complete home inspection: 5-15 days. Generally, only buyers will receive the full inspection results ).

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HomeLight

NOVEMBER 9, 2021

During a seller’s market like the one, we had in the summer of 2021, a top real estate agent could help you find a buyer for your home in as few as 75 days from listing to closing. Most buyers get an inspection, which may initiate repairs or re-negotiations. Just how fast can you sell your home? Source: (CHUTTERSNAP / Unsplash).

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Windemere Selling

MARCH 14, 2022

Common Real Estate Contingencies Home Inspection Contingency A home inspection contingency allows the buyer to have the home professionally inspected within a certain window of time. If the seller chooses not to make the repairs outlined in the buyer’s home inspection report, the buyer can cancel the contract.

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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. Home Inspection Contingency. Home inspections are one of the biggest hurdles in home sales. Home Sale Contingency.

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Windemere Buying

JUNE 22, 2022

You’ve applied for financing , worked with your agent to search for available listings, put in time attending open houses, and have found the place you’re ready to call home. The seller rejects your offer: If a seller rejects your offer, your agent may be able to relay information from the listing agent as to why it was insufficient.

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Real Trends

DECEMBER 27, 2022

Aspiring and veteran real estate agents should be well aware that the same applies to the home buying and selling process: uncertainty hangs over every deal. A pending sale may be referred to as “under contract” by some real estate agents. It should be reassuring for all real estate agents that not many home sales fall through.

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Realtor.com

DECEMBER 7, 2019

But it isn’t something sellers or seller’s agents love. “I But keep in mind: Even with a pre-approval letter , things can still go awry in the final lending stages (including the appraisal—see the next item). Contingency: Home inspection. Contingency: Early move-in. Fear factor: 2. ” And those unknowns go both ways.

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Point2Homes

JUNE 23, 2021

From there, the bank will collaborate with REO specialists and real estate agents to sell the property. You will still need to check MLS listings, research the local market, consider your financing options, obtain an appraisal and inspection, make an offer , negotiate and close the deal. Buying an REO Property. Are REOs Worth It?

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HomeLight

AUGUST 31, 2021

But right as you’re about to call your real estate agent, you notice there’s a line in there that labels it a foreclosure. We talked with veteran real estate agents with a combined 30-plus years working with foreclosures to bring you a comprehensive guide to the often confusing world of distressed properties. Pre-foreclosure.

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Windemere Buying

AUGUST 31, 2022

Buyers are responsible for securing financing , having the home inspected, and getting the property appraised. Home Inspection Contingency. Even if you are pre-approved for your mortgage , you may not be able to obtain the right loan for the home. Image Source: Getty Images – Image Credit: andresr.

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The Residential Specialist

JUNE 23, 2020

Automating tedious tasks can free up more time for agents to interact and connect with clients. It used to be that every time an agent wanted to reach out and touch base with a client, they had to do so manually, and one at a time,” explains Christopher Linsell, an analyst for TheClose.com, a real estate website. By Matt Alderton.

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Realty Biz

AUGUST 2, 2023

In my experience as a real estate agent over the last thirty-plus years, many homeowners will search " sell my house fast " for the best-selling strategy. Working with a knowledgeable real estate agent is crucial in navigating the home showing and negotiation.

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Purchase and sale agreement Title Staging Inspection 93

Easy Agent Pro

NOVEMBER 12, 2021

I once read a post in EAP’s Beat Zillow Facebook group where an agent was complaining that so many of the blog posts pushed out to EAP clients are on non-real estate subjects. That said, the agent said he’d prefer that his clients learn about down payment assistance and other such topics. How the home inspection works .

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CT Homes

OCTOBER 28, 2021

The majority of individuals who sell their homes will do so with the assistance of a real estate agency, and the seller is responsible for paying the sales commissions to any real estate agents that helped the deal take place. Lenders also might charge an optional fee in exchange for lower interest rates during the lifespan of the loan.

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Redfin

JUNE 14, 2023

Get pre-approved from a lender Getting pre-approved from a lender is equally important with several significant benefits. Connect with a local agent in North Carolina Connecting with a local real estate agent in North Carolina is essential when navigating the complexities of the housing market.

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HomeLight

DECEMBER 7, 2021

Whether you’re buying, selling, or refinancing a home, you’re probably going to have to endure a home inspection. It can necessitate a lot of preparation and cause a certain amount of anxiety, but a home inspection is an important part of the process when you’re selling a home. But what’s inspected? Prepare for an inspection.

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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

OCTOBER 20, 2022

Although the appeal of FSBO lies primarily in saving the cost of paying a listing agent , the amount of paperwork, knowledge, and time necessary to sell a house without a real estate agent can be daunting. Many FSBO sellers will purchase a pre-listing appraisal. Preliminary title report. Pre-inspection.

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HomeLight

JUNE 23, 2022

It’s really good faith money,” says Kelly Allen , a top agent and seller representative specialist in Marietta, Georgia. Suppose the inspection uncovers issues that are unacceptable to the buyer. It is simply a period of time that the buyer sets to secure financing approval from a lender for the purchase of the home.

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HomeLight

MARCH 17, 2021

. “If you want to buy a house, you need to have money saved up,” says April Mason , an agent in Corpus Christi , Texas, who has completed 24% more sales than the average agent in her market. And buyers also need to have funds available for earnest money, inspection costs, and other upfront fees. Hiring an agent.

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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. Home inspections. Negotiable contingencies.

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HomeLight

JUNE 30, 2021

Making an offer on a house without a Realtor® or a real estate agent is kind of like trying to represent yourself in a court of law — it’s possible, but it’s not a good idea. and what’s an agent? A real estate agent is licensed to help people buy, sell, or rent different housing or real estate property types. or an agent?

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HomeLight

MARCH 6, 2023

With the help of top Bay Area agent Carl Medford , who has 22 years of experience and specializes in helping first-time homebuyers, we’ve put together a comprehensive guide that breaks down all the ins and outs of buying a house in the Bay Area. Looking to Buy Your Dream Home in the Bay Area? Loans are between 3%-3.5%

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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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HomeLight

NOVEMBER 10, 2021

Agent John Leinaar works in Kalamazoo , Michigan, an area where many pharmaceutical companies operate. He’s helped several families relocating from other states purchase homes remotely, and he works with 66% more single-family homes than other agents in his area. It will help your agent bring you the right houses, too.

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HomeLight

MARCH 2, 2023

If you’re shopping for a home in San Diego, a trusted buyer’s agent is a key member of your team. HomeLight analyzes millions of transactions and thousands of reviews to find you a proven, top-performing agent in just under two minutes. Find a Buyer's Agent What will it cost to buy a home in San Diego?

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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. It’s rarely advisable to waive an inspection contingency. Clear the title. Get final mortgage approval.

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HomeLight

SEPTEMBER 16, 2021

Compare your offer to an agent’s CMA. Pass the home inspection. Clear title. HomeLight can introduce you to a top real estate agent in your neighborhood for an expert opinion on what your home is worth so you can make sure you’re getting a fair price. . Skip the repairs, prep hassles and agent commissions.

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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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HomeLight

NOVEMBER 7, 2022

Together with local expert and HomeLight network real estate agent Shawn Manderscheid , we’ll look at some of the quirks of the local market. Manderscheid, who sells properties more than 56% quicker than the average agent in the Houston market, knows how to close the deal efficiently. Real Estate Agent. Find Agent.

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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.

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Redfin

SEPTEMBER 14, 2023

Get pre-approved for a mortgage Pre-approval involves a thorough assessment of your financial situation, creditworthiness, and potential loan options. Getting preapproved for a mortgage provides a clear picture of how much house you can afford , streamlining your home search.

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HomeLight

AUGUST 31, 2021

Complete inspections: If the deal moves forward, the cash buyer may still perform steps like the inspection and appraisal — it all depends on who you work with and how they operate. Even if you’re selling “as is”, an inspection could still be required. Request Cash Offer. Ask for proof of funds and EMD. Lower-maintenance sale.

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HomeLight

OCTOBER 20, 2022

Together with local expert and HomeLight network real estate agent Hillary Smith , we’ll look at some of the quirks of the local market. Smith, who has sold 100% of her listings and does so more than 43% faster than the average Austin agent, knows what it takes to get the job done. Partner With a Top-performing Austin Agent.

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