HomeLight

SEPTEMBER 14, 2022

One way to price your home correctly is to know the market value by having a comparative market analysis ( CMA ) or a pre-listing appraisal done. Another option to find out your home’s current value is to get a pre-listing appraisal. This strategy can give sellers a better chance of having their contingency offer accepted. “I

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Marketing Inspection Staging Seller concession 110

Redfin

MARCH 3, 2022

From appraisal issues to home inspection roadblocks, there’s a lot that can go awry before finally closing on your property. For example, a termite inspection could show that there is damage that’ll require major repairs or the appraisal value of the home comes in lower than the price you offered on the home. Clouds on the title.

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Closing Title search Purchase and sale agreement Title 61

HomeLight

NOVEMBER 10, 2021

Collect those now to have them ready for your real estate agent, home inspector, and property appraiser. “I Sellers typically pay between 6%-10% of the final sale price in closing costs to cover: Agent commissions. Seller concessions. Transfer or excise taxes. Prorated property taxes. Recording fees. Escrow fees.

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Inspection Title Seller concession Agents 117

Realty Biz

JANUARY 19, 2024

For example, the last few years have been heavily skewed towards sellers. In many instances, buyers must remove contingencies to remain competitive. It involves understanding the home inspection, negotiating the purchase, and dealing with contingencies. These may include financing contingencies or appraisal contingencies.

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Debt-to-income ratio Pre-approval Purchase and sale agreement Inspection 115

HomeLight

JUNE 16, 2022

You can probably expect to run into these typical expenses for home sellers in Massachusetts: Prepping your house for sale. Seller concessions. Seller concessions. Seller concessions are indirect costs that you may offer to the buyer to make your home more attractive. Seller concessions.

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Seller concession Closing costs Inspection Closing 88

HomeLight

APRIL 17, 2024

They also estimate 1% in seller concessions if you list with them, but there’s no cancellation fee. Another had to walk away from the purchase when the appraisal came in lower than the offer and Opendoor wouldn’t negotiate, telling them instead to bring the difference in cash to closing. Sitejabber : 1.3

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Seller concession Inspection Rent back Closing 88

HomeLight

JUNE 24, 2022

Another option is for sellers to get a pre-listing appraisal, although, according to Papa, it’s not common in the current market. Additionally, an agent who is knowledgeable about trends in your zip code is going to be relying on the same factors of analysis as an appraiser, she says. Seller concessions.

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Seller concession Closing costs Inspection Homeowner’s association 82

HomeLight

MARCH 31, 2021

While researching the home sales process, you’ve likely come across the term “seller credit.” A seller credit is a type of seller concession where the seller offers the buyer money at closing to sweeten the deal. Kauffman confirms that seller credits are an important building block of the negotiation process.

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Closing Seller concession Sales Closing costs 91

HomeLight

MARCH 19, 2022

Few (or zero) repair requests, contingencies , or seller concessions. Communicate through the inspection and appraisal. If your buyers request a laundry list of repairs based on the home inspection report or the home appraisal comes under contract value , things can get tense. An all-cash offer.

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Closing Due diligence Agents Staging 95

HomeLight

APRIL 26, 2023

Not having agent representation could also lead to paying more in seller concessions. Invest in an appraisal If you want to further reduce guesswork, top agents recommend paying an appraiser to provide a professional opinion of value for your home.

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MLS Agents Sales Proof of funds 69

HomeLight

OCTOBER 11, 2022

Not having agent representation could also lead to paying more in seller concessions. Invest in an appraisal. If you want to further reduce guesswork, top agents recommend paying an appraiser to provide a professional opinion of value for your home. Study the contingencies carefully to know what you’re getting into.

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MLS Purchase and sale agreement Pre-approval Agents 100

HomeLight

OCTOBER 1, 2022

Not having agent representation could also lead to paying more in seller concessions. Invest in an appraisal. If you want to further reduce guesswork, some agents recommend paying an appraiser to provide a professional opinion of value for your home. Marketing your home is time-consuming. Make sense of the research.

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MLS Pre-approval Agents Sales 94

HomeLight

OCTOBER 14, 2022

Not having agent representation could also lead to paying more in seller concessions. Invest in an appraisal. If you want to further reduce guesswork, top agents recommend paying an appraiser to provide a professional opinion of value for your home. When you’re refinancing [your home], it’s a different kind of appraisal.

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Purchase and sale agreement MLS Seller disclosure Agents 90

HomeLight

DECEMBER 6, 2022

Not having agent representation could also lead to paying more in seller concessions. She says FSBO sellers often make the mistake of pricing their home too high so there’s room for negotiation, but then the house ends up in the wrong category and is not marketed to the right buyers. Invest in an appraisal.

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Purchase and sale agreement MLS Pre-approval Agents 80

HomeLight

NOVEMBER 21, 2022

Not having agent representation could also lead to paying more in seller concessions. Invest in an appraisal. If you want to reduce guesswork further, top agents recommend paying an appraiser to provide a professional opinion of value for your home. Marketing your home is time-consuming. See the next step!).

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Purchase and sale agreement MLS Pre-approval Agents 79

HomeLight

APRIL 27, 2023

Not having agent representation could also lead to paying more in seller concessions. Invest in an appraisal If you want to further reduce guesswork, top agents recommend paying an appraiser to provide a professional opinion of value for your home. Marketing your home is time-consuming.

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MLS Agents Sales Mortgage pre-approval letter 67

HomeLight

OCTOBER 11, 2022

Not having agent representation could also lead to paying more in seller concessions. In order to get a true valuation, you need to think like an appraiser,” warns Rodriguez. Invest in an appraisal. You’ll need to study up on the contingencies and other parts of the agreement to understand everything that goes into it.

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Purchase and sale agreement MLS Agents Sales 88

HomeLight

OCTOBER 14, 2022

Not having agent representation could also lead to paying more in seller concessions. And, if they meet with an appraiser, they might not know what to give them for an accurate appraisal. Invest in an appraisal. That said, know that appraisals only get you so far. Marketing your home is time-consuming.

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MLS Agents Sales Mortgage pre-approval letter 74

HomeLight

DECEMBER 13, 2022

Not having agent representation could also lead to paying more in seller concessions. Invest in an appraisal. If you want to reduce guesswork further, top agents recommend paying an appraiser to provide a professional opinion of value for your home. Marketing your home is time-consuming. Make sense of the research.

Purchase and sale agreement 88

Purchase and sale agreement MLS Agents Sales 88

HomeLight

MARCH 23, 2022

A preapproval isn’t a guarantee that you’ll ultimately be able to get a mortgage — this is why buyers typically include a financing contingency in an offer, so they’re protected in case financing falls through at a later stage. Buyers who go this route may even be able to remove their financing contingency. Underwritten preapproval.

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HomeLight

OCTOBER 18, 2022

Negotiate concessions. Discuss inspection contingency. To determine how much you will make, first, you need to know: What expenses and closing costs sellers in California can expect. To prepare for the home appraisal. The appraiser’s role is to provide a professional opinion on your home’s value.

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Purchase and sale agreement Inspection Closing costs Staging 93