Realty Biz

AUGUST 22, 2022

In my eagerness to buy my first home, I made a full-price offer with the only continency being that my mortgage was approved. In a few short weeks, the market has gotten much softer in this neighborhood and I’m not even sure the house will appraise for my purchase offer. Ask your agent or lawyer to point out the cancellation clauses.

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Purchase and sale agreement Earnest money deposit Pre-approval Home sale contingency 96

HomeLight

JANUARY 3, 2024

Sometimes you come across a home for sale that checks off every box on your list, but the listing status says that it’s “under contract” or “sale pending.” We analyze over 27 million transactions and thousands of reviews to determine which agent is best for you based on your needs. Get Started What does ‘under contract’ mean?

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Purchase and sale agreement Earnest money deposit Inspection contingency Pre-approval 97

Housing Wire

DECEMBER 8, 2023

Are you looking to get licensed as a real estate agent in Arizona? We’ve reviewed all the key information to determine the best Arizona real estate schools to help you get licensed quickly and efficiently with a state-approved, online program at an Arizona real estate school. out of 5 stars Rating: 4.5 out of 5.

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HR Purchase and sale agreement Pre-approval Staging 338

HomeLight

MARCH 13, 2023

A cash sale may provide the speed and efficiency you need. Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. Buyers were liquid with cash and there are a lot of sellers going that route rather than waiting on a traditional sale.

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Sales Purchase and sale agreement Due diligence Inspection 88

HomeLight

MAY 27, 2021

When you signed the listing contract to put your house on the market, you had high hopes for a quick sale. And now you’ve realized that even the listing agreement with your agent has expired. And now you’ve realized that even the listing agreement with your agent has expired. Where does that leave you?

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Purchase and sale agreement Staging Agents Brokerage 97

HomeLight

MARCH 16, 2023

Do you need to connect with cash home buyers in Houston for a fast sale? Whatever your reason for needing a quick sale without making expensive repairs, Houston is teeming with cash home buyers ready to make you an offer no matter your home’s condition. Need to Sell Your House Fast in Houston? No showings, no repairs, no open houses.

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Sales Purchase and sale agreement Earnest money deposit Investor 64

Realtor.com

JANUARY 7, 2021

Although this is a major milestone on the march toward closing, there are many points where this deal can go off the rails—like if you find out your home buyer wasn’t approved for a mortgage. Why home buyers aren’t always approved for a mortgage. Still, pre-approval is not a guarantee that a buyer will get a loan.

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Loans Purchase and sale agreement Pre-approval Debt-to-income ratio 133

HomeLight

JUNE 9, 2023

The final sale hangs in the balance, waiting for certain conditions or “contingencies” to be met. These conditions can be anything from the buyer securing a mortgage, the home inspection clearing, or the sale of the buyer’s current home. ” Step one: Talk to a few buyer's agents!

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Home sale contingency Inspection contingency Purchase and sale agreement Inspection 139

Realty Biz

JULY 1, 2023

Escrow acts as a neutral third party that holds funds and documents until all conditions of the home purchase are met. Step 1: Initiating the Transaction Learning about escrow and initiating the process is an important step that occurs once the buyer and seller have agreed upon the terms of the home purchase.

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Purchase and sale agreement Earnest money deposit Title search Pre-approval 75

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

Toronto Realty Blog

FEBRUARY 27, 2023

Thank you for taking us back to that place that we all thought we had left for good: pre-construction. about the pre-construction condo industry just as soon as this blog was launched back in 2007. Pre-construction “experts.” Blog reader Densha asked about pre-construction condo delays and it’s a good topic.

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Construction Pre-approval Purchase and sale agreement Development 70

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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Pre-approval Purchase and sale agreement Title search Title 104

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. The typical amount is around 1% of the purchase price (ex. $5k 5k for a $500K home). Is earnest money refundable?

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Earnest money deposit Purchase and sale agreement Due diligence Home sale contingency 106

HomeLight

OCTOBER 4, 2021

We talked to expert agents experienced in the rent-to-own process to show you exactly where to look and what pitfalls to watch out for. Talk to an experienced agent. A rent-to-own home is an agreement that allows the renter to buy the home from the landlord after a specific lease period. Lease purchase. Table of Contents.

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Purchase and sale agreement Pre-approval Agents Brokerage 141

HomeLight

SEPTEMBER 15, 2021

Even if you’re listing your home without a Realtor’s® help, you’ll still need to gather the necessary paperwork for the sale and fill it out correctly. We hope it helps illuminate this tricky part of the sale, while giving you an honest idea of just how complex real estate transactions can be! Original sale contract.

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Purchase and sale agreement Inspection Title Pre-approval 112

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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Closing Earnest money deposit Inspection contingency Purchase and sale agreement 139

Easy Agent Pro

SEPTEMBER 5, 2023

By becoming familiar with local market dynamics, setting realistic budget goals, and working alongside an experienced real estate agent, you can position yourself as a powerful and informed buyer. Carefully consider factors like inventory levels, average sale prices, and average days on the market before making decisions.

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Earnest money deposit Seller concession Purchase and sale agreement Pre-approval 76

Point2Homes

JANUARY 31, 2023

With a budget in place, your next step should be to get pre-approved for a mortgage. Without being pre-approved, you’ll need to delay your offer while you secure financing. Check out comparable properties to make sure that the sale price is fair or whether there’s a little wiggle room to negotiate.

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Earnest money deposit Purchase and sale agreement Pre-approval Inspection 98

Redfin

DECEMBER 6, 2023

Purchasing a home in New York marks a monumental step, unveiling a rich tapestry of choices across its dynamic neighborhoods and bustling boroughs. The state’s median sale price is higher than the national average of $413,944, standing at $484,300, showcasing its premium real estate positioning. year-over-year.

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Purchase and sale agreement Pre-approval Closing costs Sales 58

Real Trends

SEPTEMBER 27, 2022

The report also found that homes listed for sale received an average of 2.8 of offers written by Redfin agents faced competition in August. In addition to homebuyer competition slipping, the number of pending home sales being canceled has also increased. of homes that went under agreement that month. offers, down from 3.4

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Purchase and sale agreement Pre-approval Inspection Agents 80

HomeLight

NOVEMBER 16, 2021

We examined a range of programs for you to explore and consulted an experienced agent to help you understand what’s available and whether it’d be a good fit for you. Through the Home Partners program, prospective rent-to-own homebuyers start by filling out a pre-qualification application. Source: (Jonathan Francisca / Unsplash).

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Purchase and sale agreement Pre-approval Debt-to-income ratio Pre-qualification 80

HomeLight

AUGUST 31, 2021

These are all areas where a knowledgeable buyer’s agent who’s got lots of new-build experience and local builder connections can be invaluable. And if you thought buying new construction without an agent would save you a few bucks in commission, think again. In this article: The value of a real estate agent in buying new construction.

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Agents New Construction Purchase and sale agreement Construction 127

HomeLight

OCTOBER 20, 2022

For Sale By Owner (FSBO). 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. Original sales contract. Many FSBO sellers will purchase a pre-listing appraisal.

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Purchase and sale agreement Pre-approval Inspection MLS 99

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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Purchase and sale agreement Inspection MLS Inspection contingency 96

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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Purchase and sale agreement Title Title search Finance 91

HomeLight

AUGUST 11, 2022

If you own the home with your spouse or partner, the process is relatively straightforward when both parties are available to sign all of the documents involved in the sale process. Oldham and his wife Jennifer are top-selling agents in California who work with 70% more single-family homes than the average San Jose area agent.

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Purchase and sale agreement Title Pre-approval Tenancy in common 126

First Team Real Estate

DECEMBER 7, 2020

Here’s how to review details in a tidy, orderly manner so you can make sense of your home sale. With multiple-offer scenarios being the standard in hot markets today, understanding how to browse a pile of home offers and backup offers is what First Team agents do best for their clients by supplying the very best counsel possible.

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Purchase and sale agreement Pre-approval Title Backup offer 98

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

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. Overcoming common challenges is also vital.

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Purchase and sale agreement Title Staging Inspection 92

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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Purchase and sale agreement Proof of funds Backup offer Finance 89

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. If you need to move even more swiftly than that, selling to an online direct buyer through a platform like HomeLight’s Simple Sale could take as little as 10 days.

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Purchase and sale agreement Home sale contingency Title search Inspection 83

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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Closing Purchase and sale agreement Title search Earnest money deposit 108

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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Purchase and sale agreement Inspection Title MLS 88

Redfin

MAY 24, 2022

Either way, it’s time to find a real estate agent to guide you through what can be a challenging – and sometimes stressful – process. Or, maybe you’re listing your home for sale in Anchorage, AK , you most likely want top dollar for your property. Steps to take before hiring a real estate agent.

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Agents Pre-qualification Purchase and sale agreement Pre-approval 70

HomeLight

JUNE 21, 2022

But you’ll still have to get over the home inspection hurdle that could reveal issues requiring repairs or cause buyers to renegotiate a lower sales price or even walk away from the deal. It’s critical to know what home inspectors look for because serious problems could derail the sale altogether. What is a home inspection?

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Inspection Purchase and sale agreement Pre-approval Inspection contingency 120

Toronto Realty Blog

JUNE 2, 2021

” It’s only a matter of time before we’re told by the listing agent, “Thank you for your offer, but we’re going ahead with an another buyer.” When it comes to the purchase of real estate in Toronto, there are three conditions we’re accustomed to seeing: 1) Conditional on financing.

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Pre-approval Inspection Purchase and sale agreement Due diligence 96

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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Earnest money deposit Purchase and sale agreement Closing costs Closing 92