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. Maybe your company is transferring you from Atlantic City to Las Vegas, and you don’t have time for a lengthy home sale process. Lauderdale, but they can’t make renovations on their aging row house.

Closing costs 77

Closing costs Purchase and sale agreement Closing Staging 77

HomeLight

AUGUST 16, 2021

What is an REO sale? If it sells, the lender recoups some of the outstanding loan amount through the sale. There is never a perfect investment situation. It is your skill as an investor to make educated decisions about your investment decisions.”. Source: (Andre W. Nguyen / Unsplash). Finding REO homes: How the experts do it.

Banks 104

Banks Pre-qualification Investor Short sale 104

Kyle Handy

JANUARY 20, 2023

You want to purchase a property from someone who needs to sell it at a fair value and then renovate it using your knowledge, skills, and connections. They aren’t closing these deals through PayPal but are trying to source a buyer as an FSBO homeowner. When flipping houses, you’re not just looking for distressed sellers.

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House Flipping Bankruptcy Investor Renovation 89

HomeLight

MARCH 31, 2022

If you want to sell your home, but it has large issues you don’t have the time, money or desire to fix, you may consider listing your house for sale “as is.”. In this guide, we’ll walk you though what an “as is” sale really means — and what it doesn’t. An “as is” sale is pretty self-explanatory, but it comes with a few caveats.

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As-is Inspection Investor Short sale 119

HomeLight

APRIL 15, 2022

A couple in Atlanta is ready to sell their charming and recently renovated three bed, two bath brick two-story home. After some email back-and-forth, they get their final iBuyer offer: Offer details: 98% of what a real estate agent estimated they could earn, minus a 5% service fee, a $2,000 repair credit, and 1% in closing costs. .

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Title House Flipping Title search Sales 84

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. 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. Source: (Rasanoa vz / Unsplash).

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Investor Inspection Renovation Sales 88

HomeLight

DECEMBER 31, 2020

Greg Kurzner , a leading real estate investor in Atlanta, bought and renovated a home in Stone Mountain, Georgia a few years ago. After commissions and closing costs, he profited about about $85,000. But selling too soon can be just as risky, causing you to forfeit sizable equity in a fast-appreciating property.

Equity 76

Equity Investor Closing costs Property Management 76

Redfin

DECEMBER 7, 2020

American homeowners have gained $2 trillion dollars in home equity since the beginning of the pandemic alone, thanks to double-digit price growth driven by soaring homebuyer demand as the supply of homes for sale fell to historic lows. And an impending wave of foreclosed homes will only make a small dent in the inventory drought.

Marketing 79

Marketing Equity Investor Loans 79

HomeLight

MARCH 21, 2022

Reduce the stress of selling by requesting a cash offer from HomeLight’s Simple Sale platform today. In as little as 48 hours, we’ll send over a competitive offer with the ability to close in as few as 10 days. Not all sellers have the time or budget for hefty renovations necessary for a proper listing, and that’s OK.

Closing costs 95

Closing costs Home sale contingency Investor Closing 95

HomeLight

FEBRUARY 24, 2023

Not only does Ohio have the seventh-lowest cost of living in the country — the cost of living index considers 100 to be the national average and Ohio sits at 89.4 — but the state’s home values continue to increase. The goal is to buy low and sell for a high profit — one that covers both the home’s initial cost and any improvements.

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House Flipping Renovation Finance Agents 95

HomeLight

DECEMBER 1, 2021

Maybe the real estate market took a dive and you went overboard on past home renovations. As the owner, you’re still responsible for the cost for maintenance, managing tenants to ensure timely payments, and the legal liability of renting to others. A refinance loan comes at a cost, though. Closing costs generally run 1% to 1.5%

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Purchase and sale agreement Short sale Loans Mortgages 106

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. Flipping houses has never been a more desirable pursuit, no doubt thanks in part to the vast popularity of home renovation shows. Whether you’re interested in flipping the occasional house as a (hopefully!)

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House Flipping Inspection Renovation Finance 97

HomeLight

JULY 25, 2022

Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes. Comparable properties nearby : Known as real estate comps , recent nearby home sales affect the sale price and value of your home. A family emergency.

Closing costs 88

Closing costs Equity Short sale Sales 88

HomeLight

JULY 25, 2022

Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes. Comparable properties nearby : Real estate comps are recent nearby home sales that affect the sale price and value of your home. Get Estimate.

Closing costs 92

Closing costs Equity Short sale Agents 92

HomeLight

FEBRUARY 24, 2023

As home renovation shows have skyrocketed in popularity in recent years, so too has the business of flipping houses. 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.

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House Flipping Inspection Renovation Finance 72

HomeLight

MARCH 10, 2023

That is especially true in the New York market, where house flipping margins have gotten thinner as home prices and repair costs have escalated, and buyers have been shut out of the market by higher interest rates. The goal is to buy low and sell for a high profit — one that covers both the home’s initial cost and any improvements.

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House Flipping Renovation Investor Finance 88

HomeLight

NOVEMBER 30, 2022

Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for big bucks. Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for big bucks.

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House Flipping Inspection Investor Renovation 101

HomeLight

FEBRUARY 9, 2023

Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit. The goal is to buy low and sell for a high profit — one that covers both the home’s initial cost and any improvements. “I Like many other areas in the U.S., percent in 2023.

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House Flipping Hard money loan Finance Investor 85

HomeLight

FEBRUARY 24, 2023

Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit. Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit.

House Flipping 93

House Flipping Renovation Investor Finance 93

HomeLight

JANUARY 4, 2022

While that still happens in scenarios where a seller can’t afford repairs or is facing serious issues with a property, cash sales have expanded beyond the distressed homes market, as sellers benefit from new technologies, instant sale platforms , and a competitive housing environment that has increased the percentage of cash offers.

Investor 98

Investor Finance Inspection Sales 98

HomeLight

FEBRUARY 24, 2023

Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit. The goal is to buy low and sell for a high profit — one that covers both the home’s initial cost and any improvements. The median price for a single-family home in the U.S.

House Flipping 76

House Flipping Renovation Investor Finance 76

HomeLight

JULY 31, 2021

turn four walls and a roof into money in the bank, without the need for inconvenient showings, nail-biting appraisals , or a 50-day closing. They look for motivated sellers who want to close quickly and avoid the potential complications of financing or sale contingencies, even if it means accepting a lower offer price,” he explains.

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Earnest money deposit Inspection Proof of funds Inspection contingency 98

Dwell Real Estate

JULY 1, 2020

Both baths have been renovated w/ tile flrs & stylish vanities. June 2020 15719 SEATON PLACE, BRADENTON Sold By: James Tassell | Built Price: $559,892 New Construction by Lennar/WCI Communities in Country Club East at Lakewood Ranch. A full appls package is included. The spacious MBr is complete w/ a lg WIC & MBa.

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Construction Renovation New Construction As-is 98

HomeLight

DECEMBER 15, 2022

Disclaimer : This article is meant to be used for educational purposes only and is not intended to be construed as financial or legal advice. If you are considering writing a letter to a seller when buying a home, HomeLight always encourages you to reach out to an advisor regarding your own situation. You’ve fallen in love… with a house.

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Inspection Closing Rent back Agents 90