HomeLight

JULY 31, 2022

a reduction in “the interest rate on any pre-service loans to a maximum” of 6%. A VA loan assumption may be an attractive option for buyers if interest rates are significantly higher at the time of sale than they were when you secured your VA loan. Federal Housing Finance Agency Short Sale Assistance. Home Loan program.

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VA loan Purchase and sale agreement Short sale Pre-approval 69

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. Short sale. Image Source: (Shutterstock.com/Chokniti Khongchum).

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Closing Purchase and sale agreement Title search Earnest money deposit 110

HomeLight

OCTOBER 5, 2020

As fate would have it, right when you’re ready to start seriously searching for a home to buy, your dream house is listed for sale as a short sale. If you don’t know about short sale requirements for buyers, you might feel like you’re out of luck. What’s a short sale?

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Short sale Sales Pre-approval Pre-qualification 77

HomeLight

SEPTEMBER 30, 2020

But what if you’re buying a short sale? Does that mean you might encounter even more reasons to cry while trying to get a short sale mortgage loan ? Securing a short sale mortgage loan isn’t that different from purchasing a standard home. What’s a short sale ? Well, it depends.

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Short sale Loans Sales FHA loan 138

HomeLight

SEPTEMBER 20, 2022

Short sales can provide an excellent opportunity for potential homebuyers to score a good deal. If you’re in the market to buy a short sale home, you’ll need to prepare for a lengthy closing process and steel yourself to jump through some hoops not generally associated with traditional sales. What is a short sale?

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Short sale Sales Pre-approval Equity 84

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. You priced your home based on recent home sale(s) for which the buyer(s) paid well over appraised value.

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Purchase and sale agreement Proof of funds Backup offer Finance 92

HomeLight

MARCH 30, 2021

You may have heard a little bit about short sales — enough to know that this type of real estate listing can present some opportunities to get a good deal. But while short sales offer potential opportunities , they come with plenty of potential pitfalls as well. Know if a short sale is the best option for you.

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Short sale Sales Pre-approval Closing costs 60

HomeLight

AUGUST 25, 2020

That’s where selling a house off market can be the better option, says real estate agent Jim Griffin , a top real estate agent in Johnson City, Tennessee. An off-market transaction is a person-to-person deal; it doesn’t have to be with a real estate agent,” says Griffin. Source: (Ryunosuke Kikuno / Unsplash).

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Marketing MLS Pre-approval Sales 55

The Close

JUNE 15, 2022

Your 72-hour prelicensing course consists of a 48-hour salesperson pre-examination course and a 24-hour real estate practice course. The Basics $266: You’ll enjoy the 72-hour prelicense course, state-approved instructor support, and three e-books. Enroll Now. The CE Shop Offers: Prelicensing Exam Prep Continuing Education.

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Pre-approval Design Closing Staging 59

HomeLight

DECEMBER 9, 2021

But, unfortunately, an instant sale is that elusive unicorn a homeowner usually only dreams about. One of Cumberland County ’s top agents with 469 transactions under her belt, Kathryn Townsend , brings us back down to Earth and clarifies that a typical transaction can be wrapped up between 30 to 45 days. What is a quick home sale?

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Sales Short sale Agents Pre-approval 94

HomeLight

MAY 19, 2022

There are some misconceptions about what “as is” means, says top-rated Maryland real estate agent Juan Umanzor. “I Yes, according to Umanzor, there is an as-is addendum for agents to complete. The main options to sell a house “as is” include: List ‘as is’ with the help of a real estate agent. They want to sell as-is.”.

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As-is Inspection Investor Closing costs 101

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. That being said, pre-approvals aren’t yet a guarantee of funds and they usually carry an expiration date.

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Purchase and sale agreement Pre-approval Earnest money deposit Inspection 79

HomeLight

MAY 23, 2022

Josh Muncey , a real estate agent with over $500 million in career sales and 16 years of experience selling in greater Boston, Massachusetts, says, “it’s hard to find a market in the Boston area that’s not feeling red hot lately.”. Real Estate Agent. Real Estate Agent at Compass. Josh Muncey. Years of Experience.

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As-is Inspection Investor Sales 92

HomeLight

MARCH 19, 2022

I tell my sellers that we are a team, and if they’ll do their part, I’m going to do my part,” says Brandi Abram , a top-selling real estate agent in Lawrence, Kansas. A Realtor® is not exactly the same thing as a real estate agent, though they’re similar. In fact, 82% of recent sellers hired the first agent they met.

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Closing Due diligence Agents Staging 92

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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Inspection Title Agents Pre-approval 88

HomeLight

MARCH 21, 2022

With Simple Sale, you can get an all-cash offer in as few as 48 hours and sell your home in as little as 10 days, skipping the months it takes to sell the traditional way. Fees: No prep costs, no agent commissions, and no fees charged by HomeLight. Reviews: Simple Sale is a HomeLight platform, and HomeLight has 4.6 844-488-8455.

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Closing costs Home sale contingency Investor Closing 95

HomeLight

APRIL 21, 2022

For more expertise, top real estate agent Kris Shook , who works with 77% more single family homes than the average agent in Tacoma, Washington, shares insights. A Top-Rated Agent Can Help You Field Buyer Offers. An experienced agent can guide you on whether or not the offers you receive on your home are worth considering.

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Inspection contingency Home sale contingency Pre-approval Agents 106

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 In preparation for making your offer, talk to your agent about what seems fair.

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Purchase and sale agreement Inspection Homeowner’s association Title 87

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. Let the bidding begin!

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Title Due diligence Finance Inspection 109

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.

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Purchase and sale agreement Title Proof of funds Pre-approval 97

Marco Santarelli

DECEMBER 20, 2020

Buying through the MLS is still the most common way people find real estate or investment property for sale. Short for “Multiple Listing Service,” the MLS is the collection of most of the properties that all real estate agents are currently trying to sell on the market.

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Sales MLS Renovation Investor 80