RIS Media

SEPTEMBER 21, 2020

Approved for short sale : A term that indicates that a bank has approved a homeowner for a reduced listing price on a home, and said home is ready for resale. Closing : A meeting during which ownership of a home is transferred from seller to buyer, usually attended by the buyer, the seller, both real estate agents and the lender.

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Pre-approval Pre-qualification Title search Inspection 66

RIS Media

OCTOBER 2, 2020

A title search can reveal a variety of issues that may create financial or legal problems. Even if you were pre-approved when you started house hunting, your circumstances may have changed since then and you may no longer qualify for the same amount and loan terms. Talk to Your Agent. Legal and Financial Matters.

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Pre-approval Title search Title Renovation 109

Redfin

MARCH 3, 2022

It’s recommended to get pre-approved before house hunting to give yourself a realistic idea of how much home you can afford ; however, a mortgage pre-approval doesn’t guarantee that your loan application will be approved. Clouds on the title. You can ask the seller to lower the price.

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Closing Title search Purchase and sale agreement Title 61

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.

Pre-approval 100

Pre-approval Short sale Banks Finance 100

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. Problems with the title. How it can delay closing. Dodge move.

Closing 112

Closing Purchase and sale agreement Title search Earnest money deposit 112

Realtor.com

JANUARY 2, 2023

“It’s true, on the average, that new homes of similar sizes historically outprice pre-owned by about 16%,” says Stephen Haines , president of Artisan Built Communities. “Depending on the age of the pre-owned homes, one should understand the remaining life expectancy of these components,” says Haines.

New Construction 105

New Construction Construction Pre-approval Inspection 105

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. Will the buyer have an exceptional real estate agent? For a real estate agent, terms like contingent come as second nature.

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Backup offer Sales Home sale contingency Earnest money deposit 128

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. To help you set the best price on your home, a top real estate agent will provide you with comps and a pricing recommendation. Days on market.

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Purchase and sale agreement Home sale contingency Title search Inspection 88

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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Pre-approval Title search Agents Technology 98

Windemere Selling

MARCH 14, 2022

This is why many sellers find a pre-listing inspection to be beneficial: it provides transparency about the home’s condition ahead of time and can help to streamline the buying process, which can be especially helpful when selling in competitive markets. As a seller, it’s important to be transparent in listing any issues with the home.

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Purchase and sale agreement Home sale contingency Inspection contingency Pre-approval 52

Point2Homes

JUNE 23, 2021

From there, the bank will collaborate with REO specialists and real estate agents to sell the property. The best way to avoid this scenario is to get pre-approved with the lender selling that property. Even if your offer is taken into consideration, it can go through a lengthy approval process. Buying an REO Property.

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Pre-approval Banks Title search Inspection 71

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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Sales Home sale contingency Pre-approval Inspection 60

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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Purchase and sale agreement Inspection contingency Seller concession Backup offer 52

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). You may not be able to waive a clear title search in your area—in some parts of the country, it isn’t even legal.

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Pre-approval Title search Title Inspection 90

Windemere Buying

AUGUST 31, 2022

If they discover issues with the property, this contingency allows you and your agent to present the seller with a new offer that accounts for the home’s lessened condition, or to cancel the contract entirely. Even if you are pre-approved for your mortgage , you may not be able to obtain the right loan for the home.

Home sale contingency 52

Home sale contingency Inspection contingency Title Pre-approval 52

HomeLight

JANUARY 12, 2022

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. And in some scenarios, the seller won’t be required to attend in-person if they pre-sign the deed and other documents. Title issues: (~11% of delays).

Closing 112

Closing Purchase and sale agreement Pre-approval Inspection 112

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 to hire a listing agent .

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Staging Pre-approval Title search Agents 108

HomeLight

JANUARY 29, 2021

We spoke with probate attorneys and a top-performing real estate agent to bring you 10 essential steps for selling an inherited house. Run a title search to surface liens or judgments attached to the property, such as unpaid taxes, a home equity line of credit, or a reverse mortgage. Partner with an agent who does probate.

Pre-approval 109

Pre-approval Title Renovation Title search 109

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 98

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.

Pre-approval 54

Pre-approval Debt-to-income ratio Closing costs Title 54

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. This may include survey fees, which confirm the size and dimensions of the property’s land.

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Closing costs Closing Purchase and sale agreement Title 75

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 107

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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Purchase and sale agreement Pre-approval Inspection MLS 103

HomeLight

JUNE 23, 2022

It’s really good faith money,” says Kelly Allen , a top agent and seller representative specialist in Marietta, Georgia. It is simply a period of time that the buyer sets to secure financing approval from a lender for the purchase of the home. Real Estate Agent. Real Estate Agent at Keller Williams Realty Atl North.

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Earnest money deposit Purchase and sale agreement Due diligence Home sale contingency 108

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. Start by doing an internet search for down payment assistance in your city or state. Hiring an agent. Shopping online.

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Pre-approval Purchase and sale agreement Title Closing 98

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

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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Purchase and sale agreement Inspection contingency Home sale contingency Inspection 84

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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Sales Investor Due diligence Renovation 83

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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Closing Earnest money deposit Sales Title 90

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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Pre-approval Debt-to-income ratio Title search Closing costs 50

HomeLight

DECEMBER 7, 2021

Because it can be a complicated process, we researched the subject and spoke with Clarissa Marshall , who is in the top 1% of all real estate agents in her area in Asheville, North Carolina. Real Estate Agent. Real Estate Agent at eXp Realty. Buyer will review the report with their agent. What does the inspection cover?

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Inspection Purchase and sale agreement Pre-approval Closing 91

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 97

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. Financing contingency: This contingency gives you the right to back out of the deal if your mortgage approval falls through.

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Closing Earnest money deposit Inspection contingency Purchase and sale agreement 139

Redfin

APRIL 21, 2023

Get pre-approved from a lender Before you start looking for a house in Florida, you first need to pre-approved for a mortgage. Pre-approval helps you understand the price range of homes you can afford and saves you time by allowing you to focus on properties that are within your budget.

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Pre-approval Closing costs Title Loans 55

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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Closing Earnest money deposit Sales Inspection 95

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 Pre-approval Agents 90

Redfin

AUGUST 3, 2022

Find a real estate agent you trust. A real estate agent will be with you every step during the home buying process and will offer expert knowledge of the local housing market. Find a real estate agent who listens to you, understands your goals and needs for buying a house, and has the resources to help you succeed.

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Pre-approval Purchase and sale agreement Title Debt-to-income ratio 72