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.

Short sale

Housing Wire

OCTOBER 17, 2023

In its first paragraph, the CFPB blog post encourages mortgage servicers to provide distressed homeowners with a nudge toward a pre-foreclosure sale. Servicers can remind homeowners that a traditional sale might be one option to avoid foreclosure. …

MLS

HomeLight

AUGUST 16, 2021

And if the house you’ve landed on is listed as a short sale, you could be in for a long ride. Though short sales aren’t as prevalent today as they were following the Great Recession , they’re not impossible to find, and good deals for buyers can still be had. What exactly is a short sale?

Short sale

Housing Wire

JUNE 7, 2024

Listings are the life-blood of all successful real estate businesses, but making the leap from working primarily with buyers to working with sellers can be a challenge for many agents early in their careers. As overall home sales decline on a national level, signing listings is more difficult than ever for agents of all experience levels.

Purchase and sale agreement

CT Homes

APRIL 18, 2024

If you find yourself in a tough financial spot, it’s crucial to understand your options, particularly when it comes to a short sale vs foreclosure. What is a Short Sale? In contrast to a foreclosure, a short sale is a process initiated by the homeowner before the mortgage defaults become unmanageable.

Short sale

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

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 is expected to shoulder additional renovations and improvement expenses once they become the official homeowners. Expect lower offers.

As-is

HomeLight

APRIL 30, 2021

Your listing agent comes to you with a fairly thick package of paperwork and says: “Here’s the comparative market analysis (CMA) for your house — let’s talk about what we should sell it for.” So, we spoke with a couple of top agents in two different parts of the country to simplify it all for us. Any renovations and upgrades.

Agents

HomeLight

SEPTEMBER 23, 2024

A Top Agent Can Help You Find A House You Can Afford We analyze millions of home sales to find buyer’s agents who will show you the right home at the right price. Agents don’t pay us to be listed, so you get the best match. Our service is 100% free, with no catch. The pre-foreclosure period can last 3 to 10 months.

Pre-approval

HomeLight

FEBRUARY 4, 2022

Here’s a riddle for you: What do government websites, real estate agents, and a drive around the block have in common? This happens in one of two ways : through the local court or sheriff’s office in a judicial foreclosure, or through the mortgage company in a power of sale or non-judicial foreclosure. Barnett is one of these agents.

Agents

HomeLight

FEBRUARY 24, 2023

And according to top agent and real estate expert Heidi Jenkins , Ohio is a great state in which to practice your craft. After all, someone needs to buy that house you’ve just renovated , and your chances of a quick sale — at a desirable price — are much higher in a location where people want to live.

House Flipping

Realty Biz

MAY 9, 2022

Most of today’s real estate agents and agencies are looking to make a quick commission and move on, but not the team at Las Vegas’ highly respected Custom Fit Real Estate. At one point, he was going to have to do a short sale. The firm specializes in helping home sellers achieve maximum results. Then the pandemic hit.

Branding

HomeLight

MARCH 30, 2022

In a HomeLight survey of top agents, 58% expect the upswing in cash offers to continue throughout 2022 as sellers want convenience, speed, and certainty. Investors making a cash offer are more likely to purchase a house as-is , so you can cut costs for renovations , staging , and curb appeal projects. Move according to your time frame.

Sales

HomeLight

FEBRUARY 24, 2023

We also talked to Jeremy Larsen , a top-performing agent who specializes in investment properties in Fort Worth , to get some insider tips on the Texas real estate market. A Top Agent Can Be Your Texas Real Estate Investment MVP Interested in flipping a house in Texas? A top real estate agent can help.

House Flipping

HomeLight

NOVEMBER 30, 2022

Sebastian Frey is an experienced agent in Santa Cruz, CA , who works with quite a few flippers to help them locate properties. Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for big bucks. Real estate agent fees to sell the property.

House Flipping

HomeLight

MARCH 10, 2023

We tapped two top HomeLight agents to help you navigate the ins and outs of house flipping in the State of New York as well as provide some tips and tricks specific to New York properties. A Top Agent Can Be Your New York Real Estate Investment MVP Interested in flipping a house in New York? A top real estate agent can help.

House Flipping

HomeLight

MARCH 31, 2022

In this guide, we’ll walk you though what an “as is” sale really means — and what it doesn’t. To make sure you have the best information at your disposal, we talked with top-rated real estate agents across the country who offered their expert insights to help you make the best decision for your home and your future. Avoid foreclosure.

As-is

HomeLight

FEBRUARY 24, 2023

As home renovation shows have skyrocketed in popularity in recent years, so too has the business of flipping houses. Massachusetts remains one of the most promising states for house flipping, according to New Bedford-based real estate agent, Byron Ford , who specializes in investment properties. A top real estate agent can help.

House Flipping

HomeLight

APRIL 30, 2021

A real estate agent performs a comparative market analysis, or CMA , before your home hits the market to help arrive at a decent asking price. It’s also a helpful tool for homeowners who might be considering some renovations and wonder what the return on investment might be for adding that deck or upgrading the master bath.

Marketing

HomeLight

JANUARY 19, 2023

Flipping houses has never been a more desirable pursuit, no doubt thanks in part to the vast popularity of home renovation shows. To learn more about flipping houses in Georgia, we’re talking to Savannah-based real estate agent Jay Mills, a listings specialist with the Hupman Group , to get his perspective on what’s happening in his market.

House Flipping

HomeLight

FEBRUARY 26, 2021

According to the 2020 Profile of Home Buyers and Sellers from the National Association of Realtors (NAR), 44% of buyers who purchased new homes did so to avoid renovations and problems with plumbing or electricity. But you can’t keep quiet about it, and neither can your agent. Enter real estate disclosures.

As-is

HomeLight

FEBRUARY 26, 2021

According to HomeLight’s data, a deep clean can add more than $1,700 to a home’s sale price, and is likely to speed up the sale process. Eva Cedillo , a top-performing agent in San Joaquin County, California, says a deep clean is by far the most important step in fast-tracking a fixer-upper sale. “90%

Investor

HomeLight

DECEMBER 29, 2021

Not all real estate agents can tell you the after-repair value of the house on 5th Street or give you the estimated cap rate for a rental you’re eyeing near the university. Most real estate agents help traditional buyers find homes and work with seller clients who are marketing their primary residence. Find an Investor Agent.

Investor

HomeLight

FEBRUARY 24, 2023

We looked at the factors that can make or break a flip and talked to Florida real estate expert Jeff Riber , a Jacksonville agent with 25 years of experience. A Top Agent Can Be Your Florida Real Estate Investment MVP Interested in flipping a house in Florida? A top real estate agent can help.

House Flipping

HomeLight

NOVEMBER 29, 2021

In April 2021, cash sales represented 25% of existing home sales, a level unmatched since 2016, and had only cooled slightly to 23% as of July. Top-selling Las Vegas real estate agent Rick Ruiz reports that buyers paid cash for almost 15% of the homes he sold so far in 2021. He expects that percentage to continue to grow.

Marketing

HomeLight

FEBRUARY 9, 2023

Oakland, California real estate agent Daniel Donate , who specializes in investment properties, says that flipping houses in the state is definitely profitable right now. A Top Agent Can Be Your California Real Estate Investment MVP Interested in flipping a house in California? A top real estate agent can help.

House Flipping

HomeLight

MARCH 29, 2023

Whether you’ve inherited a house, want to put a divorce behind you, cash out your home’s equity, or relocate for work, your two best strategies if you need to sell your house fast are 1) pursuing a cash offer, or 2) working with a top real estate agent. They repair and renovate properties in hopes of turning a significant profit.

Sales

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

JULY 31, 2021

They can purchase a property at a discount, providing value through a quick sale to the owner, and leverage their funds and expertise toward a profitable renovation. This gives us a good idea of the condition of the property, so we know where we can provide value in the sale. In need of renovations or updates. Good bones.

Earnest money deposit

HomeLight

SEPTEMBER 1, 2020

According to top Florida Real Estate agent Troy Walseth , who has 27 years experience under his belt, “You really can’t buy a ‘foreclosure.’ You can buy a short sale, or you can buy a bank-owned property — but the foreclosure is just what’s happening in the process.”. Step 1: Find the right agent.

Banks

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!

Title

HomeLight

JANUARY 25, 2021

According to a survey over 2,000 adults from real estate brokerage Coldwell Banker, 80% of Americans say they would prefer to buy a turkey home over one that requires renovations. The structure “had to be taken down to the studs,” Griffin says, not the ideal condition for a conventional sale. Your property suffered severe damage.

Purchase and sale agreement

HomeLight

AUGUST 24, 2022

Work with a reputable local real estate agent. There are plenty of reasons to have a real estate agent in your corner — visibility in the MLS , help with stagings and showings, assistance with negotiations and contracts, to name just a few — and now you can add sourcing a cash buyer to the list. Focus on out-of-state buyers.

Purchase and sale agreement

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.”.

As-is

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.”. It’s worth noting there are many buyers out there looking for a renovation project. Josh Muncey.

As-is

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. What will it cost to renovate it so you command either market rent or a sale at a price that represents a margin you’re comfortable with?

Banks

HomeLight

JUNE 30, 2022

Sellers often share professional [service and maintenance] contacts and contracts with the new owner, says Cheryl Coleman , a top real estate agent in Huntington Beach, California, who has owned many short-term rental properties. “If How can I find an agent who specializes in investment properties when selling my Airbnb?

Investor