The Close

FEBRUARY 19, 2025

Whether youre a new or experienced real estate investor, you may have asked, What is a real estate short sale? The simple answer is that a short sale is when a homeowner owes more for their home than its current market value and puts it up for sale. What Happens in a Real Estate Short Sale?

Short sale

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. You may likely be asked to sign a buyer's agency agreement.

Purchase and sale agreement

Realty Biz

JULY 19, 2022

This article might be premature because across most of the country home sales continue happening rapidly. Many of these will be new investors that don’t have experience with the pre-foreclosures, short sales, and foreclosures, that occurred during the Great Recession. The bank lists the property with a real estate agent.

Purchase and sale agreement

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. Real Estate Agent. Real Estate Agent at Americorp Real Estate.

Purchase and sale agreement

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.

Purchase and sale agreement

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. Byron Ford , an agent in New Bedford , Massachusetts, works with 76% more single-family homes than other agents in his area. Real Estate Agent. A cash sale: Start to finish.

Purchase and sale agreement

HomeLight

OCTOBER 1, 2020

It’s good to understand the market of the moment,” says Madison-based real estate agent Lynn Holley , who works with 72% more single-family homes than the average agent in Madison. Short sales in the neighborhood . In some cases, short sales may be to blame for a low appraisal.

Purchase and sale agreement

HomeLight

JULY 31, 2022

Here are some options for pulling a successful sale, regardless of where you stand on your mortgage. This minimum equity ensures that you’ll have the funds for necessary home sale expenses (such as staging , repairs , and closing costs ), plus some leftover profit to put towards your next down payment or security deposit.

VA loan

The Close

AUGUST 6, 2024

As their agent, you must also know how to protect your clients through the as-is selling process and understand the nuances such as navigating inspections and disclosures. The buyer ultimately assumes all risks and responsibilities for any issues that may arise post-purchase. In other words, “what you see is what you get.”

As-is

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. When you’re financing your home purchase with a mortgage, the lender wants to make sure the property you’re buying is worth what you’re paying for it.

Purchase and sale agreement

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?

Purchase and sale agreement

HomeLight

DECEMBER 23, 2021

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. How does the eviction moratorium affect a possible sale? Consider drafting a repayment agreement with your tenant. What to know.

Purchase and sale agreement

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. We talked to experienced property investors and a top real estate agent to gather tips and tricks about the benefits and drawbacks of selling a home empty and occupied. Real Estate Agent. Transactions.

Purchase and sale agreement

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.

As-is

HomeLight

AUGUST 24, 2022

Looking to connect with a Florida cash home buyer for a quick sale in the Sunshine State? HomeLight’s Simple Sale platform provides all-cash offers, giving clients a fast, stress-free home selling experience without having to worry about additional repairs or prep work and with no additional fees, commissions, or upfront costs.

Purchase and sale agreement

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?

Backup offer

HomeLight

JANUARY 25, 2021

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. A traditional sale might be what you had in mind when you originally bought your home. Is the property damaged or are you facing a personal emergency?

Purchase and sale agreement

HomeLight

FEBRUARY 26, 2021

With tenant communications and handling repairs weighing on your to-do list, here’s what experienced rental property owners, landlords, and real estate agents say it will take to pull off a smooth rental property sale. Hire an investor-savvy real estate agent to market your property. Source: (Jessica Lewis / Unsplash).

Purchase and sale agreement

HomeLight

MAY 23, 2022

Top-rated North Carolina real estate agent Ashley Schaus had a listing recently that was in really rough shape. HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. Median sales price in North Carolina. Sell 'As Is' With a Cash Offer. Request Cash Offer. 359,600 (April 2022).

As-is

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.

MLS

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. Community property (the minority of states). Should I keep or sell the home in a divorce? However, while James L.

Purchase and sale agreement

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.

As-is

CT Homes

MARCH 7, 2024

A mortgage is essentially a loan from a bank or financial institution that enables you to purchase a home. Higher equity means more profit from the sale that goes directly into your pocket, making understanding your home’s equity crucial when planning to sell. Understanding the Basics What Does It Mean to Have a Mortgage?

Purchase and sale agreement

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. Homeowners who expected bidding wars will be slow to lower asking prices and will wait longer to relist their homes with a new agent. LUXVT’s , Upmarket Agent.

Purchase and sale agreement

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].

Purchase and sale agreement

HomeLight

JANUARY 6, 2023

Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. We Buy Houses companies in Orlando typically promise to give home sellers quick, convenient all-cash offers, and exceptionally speedy closings, often wrapping up the property sale in as few as seven days.

Purchase and sale agreement

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. A full-time agent.

Purchase and sale agreement

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. In most states, it’s perfectly legal to sell a property with tenants , and a seller can easily transfer lease agreements and security deposits to the new owner.

Investor

HomeLight

JANUARY 19, 2023

Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. They usually present a take-it-or-leave-it sale price. If you accept the offer, you’ll both sign a sales contract. With a signed sales agreement, the closing process will begin.

Purchase and sale agreement

HomeLight

DECEMBER 6, 2022

Perhaps you need a fast home sale to start a new job right away. Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. They usually present a take-it-or-leave-it sale price. If you accept the offer, you’ll both sign a sales contract.

Purchase and sale agreement

HomeLight

FEBRUARY 16, 2023

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. Or perhaps other life circumstances such as an illness, divorce, or downsizing have left you in a bind, and a quick home sale would give you peace of mind, extra money, and a fresh start.

Purchase and sale agreement

HomeLight

AUGUST 10, 2022

HomeLight’s Simple Sale platform provides full cash offers for homes in almost any condition nationwide and in Atlanta. Simple Sale (a HomeLight platform). Simple Sale , a solution from HomeLight, is an online platform where sellers in Atlanta (and across the country) can request a cash offer for their home. Request Offer.

Purchase and sale agreement

The Close

JUNE 28, 2022

Lab Coat Agents Stylish templates that will align perfectly with the rest of your branding. No membership fee: We love Lab Coat Agents (seriously, these guys rock), but to access their brochure templates, you have to become a monthly member of the LCA Marketing Center. Created By: Lab Coat Agents. ProspectsPLUS!

Purchase and sale agreement

HomeLight

AUGUST 24, 2022

Maybe your company is transferring you from Atlantic City to Las Vegas, and you don’t have time for a lengthy home sale process. HomeLight’s Simple Sale platform provides full cash offers for homes in almost any condition nationwide and in New Jersey. Simple Sale (a HomeLight platform). No repairs, no staging, no open houses.

Closing costs

Marco Santarelli

AUGUST 16, 2024

Factor in all costs: The purchase price is just the tip of the iceberg. Get pre-approved for a mortgage: This strengthens your position as a serious buyer and streamlines the purchase process. Check Our Inventory of Turnkey Rental Properties For Sale 2.2. Shop around for competitive interest rates and loan terms.

Due diligence

Marco Santarelli

AUGUST 27, 2020

According to the association of local realtors (LVR), July had the most amount of home sales since 2017 with more than 4,000 existing homes sold. In July, the median sales price of previously owned single-family homes, which comprises of the bulk of the Southern Nevada's housing market, increased to $330,000, a year-over-year increase of 8.9

Marketing

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.

Purchase and sale agreement