Point2Homes

DECEMBER 8, 2020

But, what does contingent mean and how does it affect your purchase? However, before the sale can go to closing, certain contingencies must be met. These clauses are defined in the sales contract and often have to do with home inspections, mortgage approvals and appraisals. How is Contingent Different from Pending?

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HomeLight

DECEMBER 30, 2021

If you work with a buyer’s agent, you’ll sign a contract. When you make an offer to buy a house, you’ll sign and initial contracts for each offer, and when one is accepted, it’s now officially a purchase agreement , which becomes a legal document. He says that: “In my market, the contract is everything. Real Estate Agent.

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HomeLight

JULY 31, 2022

Here are some options for pulling a successful sale, regardless of where you stand on your mortgage. Essentially, equity is the market value of your property minus the amount of money you still owe on your mortgage loan. To determine your home’s equity, you first need to assess your property’s fair market value. Here are a few.

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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. The appraisal is lower than the purchase price.

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Closing Purchase and sale agreement Title search Earnest money deposit 108

HomeLight

NOVEMBER 1, 2021

If you’re selling your home in a hot market rampant with bidding wars that drive up the purchase offers on home sales, you may realize that your home is unlikely to appraise for the inflated purchase offer or even for your asking price. Short sales or foreclosures in your area have driven home prices artificially low.

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HomeLight

SEPTEMBER 1, 2022

Once you have the purchase agreement in hand, you might think there are no more obstacles in your way, but the home still has to appraise for the amount you agreed to pay for it. Before the pandemic created a hot market, about 8% of appraisals came in lower than the offer on the home. What is a low appraisal?

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The Close

AUGUST 18, 2022

Real estate prospecting letters—letters agents send to buyers, FSBO, FRBO and Expired listing homeowners—are still one of the best ways to generate leads in 2022. Dear [First name], Timing the real estate market to sell your home quickly and for the best price can sometimes be more art than science. LUXVT’s , Upmarket Agent.

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Marco Santarelli

OCTOBER 23, 2023

If you manage to locate and contact the owner of an abandoned house, you may be able to negotiate a purchase agreement with them. You may also need to hire a lawyer or a real estate agent to help you with the process. However, this process can take several years and may not result in a clear title for the buyer.

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HomeLight

JANUARY 25, 2021

Even in a hot real estate market, “move-in” ready remains king among today’s homebuyers. House flippers usually purchase houses for cash as-is, saving homeowners the expense of making repairs that lenders might require, along with the stress of showing and staging the home. Find House Flippers Near You. You need to relocate fast.

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HomeLight

NOVEMBER 9, 2021

You just heard about short sales, and they sound intriguing. But it would be a mistake to think you’re automatically getting a deal with a short sale. Rick Ruiz is an agent in Las Vegas , Nevada, who works with 70% more single-family homes than the average agent in his area. First: What’s a short sale?

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HomeLight

FEBRUARY 16, 2023

Individual program details frequently change — please visit a company’s website for the most up-to-date information on each program’s fees, market coverage, business model, and more. Maybe you’ve inherited property that’s not in the best shape, and a quick sale is the simplest way to settle the debts of an estate.

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HomeLight

DECEMBER 6, 2022

Individual program details frequently change — please visit a company’s website for the most up-to-date information on each program’s fees, market coverage, business model, and more. Perhaps you need a fast home sale to start a new job right away. The timeframe may vary depending on the company and market.

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Purchase and sale agreement Closing costs Closing Sales 86

Realty Biz

APRIL 12, 2021

Finding an experienced real estate agent to help you through the process is crucial. Plenty of real estate agents compete for the position through online advertisements, posters, and yard signs, but with so many to choose from, it can be tough to find the right one. Brokers also employ many agents. Put Together a List.

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Purchase and sale agreement Agents Short sale As-is 103

HomeLight

AUGUST 10, 2022

Individual program details can also frequently change — please visit a company’s website for the most up-to-date information on each program’s fees, market coverage, business model, and more. HomeLight’s Simple Sale platform provides full cash offers for homes in almost any condition nationwide and in Atlanta.

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HomeLight

AUGUST 24, 2022

Individual program details can also frequently change — please visit a company’s website for the most up-to-date- information on each program’s fees, market coverage, business model, and more. Maybe your company is transferring you from Atlantic City to Las Vegas, and you don’t have time for a lengthy home sale process.

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HomeLight

JANUARY 31, 2022

If you need assistance navigating the legalities of your sale, HomeLight always encourages you to reach out to your own advisor. Most notably, the ongoing shift to remote working has caused rent growth to shrink in metropolitan areas and skyrocket in suburban markets. works on many sales of rental properties.

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HomeLight

DECEMBER 23, 2021

You may have already decided to sell your rental property in a seller-friendly market or are weighing the possibility of it. However, if your property is occupied, you need to be aware of a tenant’s rights when a house is for sale as they pertain to your area, as well as the specific terms of your lease agreement.

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HomeLight

DECEMBER 1, 2021

Maybe you got caught up in a bidding war, bought at a market peak, and buyer interest (along with home values) has since cooled. Batterman works with 74% more single family homes than the average agent in the area. Maybe the real estate market took a dive and you went overboard on past home renovations.

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HomeLight

JANUARY 6, 2023

Individual program details can also frequently change — please visit a company’s website for the most up-to-date information on each program’s fees, market coverage, business model, and more. Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. You receive a firm offer.

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HomeLight

OCTOBER 1, 2020

Here’s how it works: The appraiser will find at least three nearby comparable homes ( “comps” ) that are about the same size and age as yours, which were sold recently (typically within the past three to six months), and the appraiser will then use regression models and their market knowledge to come up with the value of your coveted property.

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HomeLight

JULY 6, 2023

That’s why it’s important for your real estate agent to keep your property’s status up to date, both in the multiple listing service (MLS) that agents cooperatively use, as well as in online marketplaces, which pull data from the MLS. contingent,” so you can present your home accurately and still meet your selling goals.

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HomeLight

JANUARY 10, 2023

HomeLight’s Simple Sale platform provides all-cash offers for homes nationwide, including in Florida. Along with providing full cash offers to purchase homes in “as is” condition, Florida Cash Home Buyers also offers another sale option which they refer to as “Novation.”. Simple Sale. Website: [link].

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Closing costs Purchase and sale agreement Closing Sales 82

HomeLight

MAY 23, 2022

Top-rated North Carolina real estate agent Ashley Schaus had a listing recently that was in really rough shape. Schaus did advise her client to contact a junk removal company to clear out the house, but that was the only preparation made before the house hit the market. “[The Median sales price in North Carolina. Disclosures.

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HomeLight

JULY 27, 2021

That person is a buyer’s agent. So, let’s think about this helpful real estate agent showing you around. The seller covers both the seller’s agent’s fees and the buyer’s agent’s fees in most cases. In fact, a 2020 NAR study found that 77% of sellers reported paying for agents’ fees. See that person?

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HomeLight

JANUARY 13, 2022

You’re getting ready to call your agent to schedule a showing when you notice that the listing says the property is “active contingent.”. In May 2020, 76% of closed sales contained purchase contingencies, a survey from the National Association of Realtors® (NAR) found. What on earth does active contingent mean?

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HomeLight

JULY 29, 2022

You can avoid getting into this situation by avoiding making other big purchases or applying for other loans once you are approved for a mortgage and under contract. First, when deciding to purchase a home, you’ll naturally try to make sure you’re at a stable point in your career. Alert your agent immediately if there’s a problem.

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HomeLight

JUNE 24, 2022

If you live in a community property state and your home, classified as community property , was acquired during the marriage, the proceeds from the sale are typically split strictly and equally 50-50. The market conditions aren’t ideal right now to sell. Community property (the minority of states). However, while James L.

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Purchase and sale agreement Equity Sales Agents 104

HomeLight

MAY 24, 2022

If you only pay cash for the down payment, and take out a mortgage for the remainder of the purchase price, it keeps more money in your pocket. In a competitive market, paying cash could help you beat out other homebuyers. Real Estate Agent. Real Estate Agent at Keller Williams South Shore. A cash sale: Start to finish.

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HomeLight

MAY 23, 2022

According to Indiana real estate agent Jesse Allen , the biggest reason he sees people try to sell their homes “as is” in Indiana is because they don’t have the funds to make any repairs and their property is in a state of disrepair. “We HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition.

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HomeLight

AUGUST 24, 2022

Looking to connect with a Florida cash home buyer for a quick sale in the Sunshine State? The destination’s great weather and tax-friendliness bring a steady stream of buyers to the market, and cash buyers help make sellers’ homes fly. A cash offer can lead to a speedier and lower hassle sale. How to find cash buyers in Florida.

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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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HomeLight

JANUARY 19, 2023

Individual program details can also frequently change — please visit a company’s website for the most up-to-date information on each program’s fees, market coverage, business model, and more. Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. You receive a firm offer.

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

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The Close

JUNE 28, 2022

An attractive and effective real estate brochure is a must-have at your events, to launch new listings, and as leave-behind marketing materials when pitching new buyers or sellers. We also highlight 26 of our favorites for you to consider when building your print marketing strategy. Created By: Lab Coat Agents. Size: 8 ½” x 11”.

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HomeLight

OCTOBER 27, 2021

“If you can get to a home as a preforeclosure before it goes into foreclosure, that’s the best route,” explains Donny Piwowarski , a top-selling agent who works with 84% more single-family homes than the average agent in his region of Tracy , California. “A A preapproval will also help you be as competitive as possible in a hot market.

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HomeLight

APRIL 29, 2021

Today’s multi-family market is bustling with activity , saturated with aspiring and accomplished investors looking to purchase properties just like yours. According to the National Association of Realtors, the multi-family market has been the most “attractively bought property asset” in recent years. Where are you located? .

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HomeLight

OCTOBER 1, 2020

Christina Griffin is a top agent who’s listed and sold thousands of foreclosures in Florida. They sold the Norwalk, Ohio, home three years after purchase for $160,000 — even though they’d intended to stay long-term, a job opportunity in Costa Rica proved too much to resist. Why might you be interested in buying a foreclosure?

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