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 78

Realty Biz

SEPTEMBER 23, 2023

Are you wondering what to ask a buyer's agent before hiring them? Buyer agents play a crucial role in real estate transactions. Understanding the difference between buyer and seller's agents and how buyer's agents are compensated is essential. A few types of real estate agents are vital to understand.

Purchase and sale agreement 73

Purchase and sale agreement Pre-approval Agents Pre-qualification 73

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.

Pre-approval 61

Pre-approval Pre-qualification Title search Inspection 61

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.

Purchase and sale agreement 98

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

HomeLight

AUGUST 16, 2021

But the best, most personalized and local way is to connect with a real estate agent in your area who has helped other buyers looking for this type of property. Go to your county’s office and ask for the pre-foreclosure list ,” he says. “So making sure your data sources are current is crucial to finding these properties.”.

Banks 103

Banks Pre-qualification Investor Short sale 103

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. Short sale. It can take weeks to months for the lender to approve a short sale.

Closing 109

Closing Purchase and sale agreement Title search Earnest money deposit 109

HomeLight

JANUARY 4, 2022

Fifty-eight percent of surveyed agents expect the recent rise in cash offers to persist beyond the temporary housing craze, as sellers now have greater expectations for convenience, speed, and certainty. HomeLight’s 2020 agent survey found that buyers who would traditionally use a mortgage are finding ways to pay cash however they can.

Investor 98

Investor Finance Inspection Sales 98