HomeLight

OCTOBER 30, 2020

And for sellers of distressed homes or inherited property, it can be an appropriate strategy to facilitate a streamlined closing. As long as you allocate the proper funds in your rehab budget for the expensive components, having an inspector point out the deficiencies in the current systems is useless information,” McCorkel says.

Inspection 98

Inspection As-is Inspection contingency Investor 98

Realty Biz

MARCH 19, 2022

From zoning restrictions to environmental conditions, many considerations go into finding the right land for sale. A real estate agent experienced in land sales can use the knowledge and connections to find you a lot that fits your bill. Additionally, they will successfully navigate through negotiations, due diligence, and closing.

Land 83

Land Sales Proof of funds Due diligence 83

CT Homes

MAY 29, 2020

A seller’s goal should be to find the highest offer with the strongest probability of closing. Below are just some of the markers that you should keep in mind when working with a cash buyer on the sale of your home. In fact, there is a flexibility that should be expected of the buyer to close on the Seller’s timeline!

Proof of funds 101

Proof of funds Earnest money deposit Due diligence Investor 101

HomeLight

AUGUST 31, 2020

You may have heard that short sales, foreclosures, or bank-owned properties offer great opportunities for a steal , but what do these different terms mean, and how does the homebuying transaction work for each? What’s the difference between buying a short sale vs. a foreclosure, and where can the best deals be had?

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Short sale Sales Banks Inspection 91

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. An inventory shortage — there are fewer homes for sale than there are home buyers, creating bidding wars.

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Purchase and sale agreement Proof of funds Backup offer Finance 97

Lab Coat Agents

MARCH 4, 2022

See attached chart: Note that the last 2 years have seen the highest number of sales EVER in these 6 counties in the GSMLS – scratching my head and wondering why anyone is saying there are no houses to sell? The key is learning to identify limiting beliefs in order to overcome them. Do you lead gen every day? But what if you CAN win?

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Proof of funds Inspection Loans Loan Officer 98

HomeLight

JUNE 29, 2021

Your sale is more likely to close and close faster with a cash offer than with an offer that hinges on a mortgage approval. While all-cash offers used to be relatively rare, they now make up 25% of all home sales. This means that the buyer has the funds to purchase the home in full. Good question.

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Inspection contingency Proof of funds Inspection Pre-approval 58

HomeLight

JULY 31, 2020

To be clear, an all-cash offer means you won’t be getting a mortgage loan for any portion of the sale. The sales contingency : A sales contingency means your current house must sell before you close on this new house. This is the opposite of liquidity, so usually all-cash offers do not contain a sales contingency.

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Purchase and sale agreement Inspection contingency Proof of funds Finance 98

HomeLight

SEPTEMBER 9, 2020

Once you’ve figured out where the money is coming from, it will be easier to take the next step: getting proof that you have the cash. Obtain proof of funds from the bank. Providing a proof-of-funds letter is more secure than forking over a bank statement, which contains sensitive information. Find your house.

Inspection contingency 106

Inspection contingency Proof of funds Inspection Title 106

HomeLight

APRIL 14, 2023

Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. Receive your offer within a week and close in as little as 10 days. Disclaimer: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. You receive a firm offer.

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Purchase and sale agreement Closing costs Closing Sales 88

The Close

FEBRUARY 14, 2024

So, let’s turn up the brightness and shed some light on the real estate industry. Setting the Right Expectations Myth #1: Going With the First Buyer Is Rarely the Best Choice After navigating hundreds of real estate deals, I can confidently say that your first offer is nearly always the best. This is one of the top blunders your sellers could make.

Pre-approval 98

Pre-approval Earnest money deposit MLS Renovation 98

HomeLight

FEBRUARY 28, 2022

Whatever the case, a We Buy Houses for Cash company could be the best solution if you’re looking for a quick and easy sale. HomeLight’s Simple Sale platform provides full cash offers for homes in almost any condition nationwide and in Colorado. Get an offer in as few as 48 hours and close in as little as 10 days.

Closing costs 81

Closing costs Closing Sales Staging 81

Point2Homes

SEPTEMBER 30, 2021

Real estate transactions often feature contingency clauses that allow both parties to back out of the sale under the circumstances stipulated in the contract. One common type you’ll encounter is a sale and settlement contingency. Signs of potential delays, scams or suspicious offers should all raise red flags.

Pre-approval 98

Pre-approval Proof of funds Inspection contingency Due diligence 98

Dwell Real Estate

JANUARY 30, 2020

January - April are the busiest months of the year for a Realtor and their schedules tend to fill fast between showings, inspections, closings and assisting other clients. When an offer is submitted, seller's prefer to see proof of funds and/or a pre-qualification letter to be sure they are dealing with a qualified buyer.

Pre-qualification 52

Pre-qualification Proof of funds Earnest money deposit Inspection 52

CT Homes

OCTOBER 30, 2020

Knowing how to navigate these hurdles allows you to not only find the right buyer, but move the transaction smoothly to closing. If you are not experienced in sales it is easy to get tempted into moving forward with the first offer that comes your way. The longer a buyer has been investing the more likely they are to close!

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Earnest money deposit Inspection Proof of funds Due diligence 78

HomeLight

APRIL 5, 2024

If you’re a homeowner in Oklahoma seeking a fast sale without the burden of listing on the open market, connecting with a cash buyer could be the stress-free solution you’re looking for. In this guide, we’ll explain how to find and sell to Oklahoma cash home buyers and walk you through the entire cash sale process, step-by-step.

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Proof of funds Sales Due diligence Investor 99

Redfin

JULY 30, 2021

All-cash offers also tend to have quicker closing dates since there’s no waiting for the mortgage underwriting process to finish. . Once you’ve received and accepted their offer, you can typically close between 10-90 days. However, if you sell your house for cash to a foreign investor, you may not be able to close that quickly.

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Proof of funds Equity Finance Investor 63

Realty Biz

SEPTEMBER 28, 2022

They must ensure that they can recover any lost funds if the borrower fails to repay them. If a seller wants to sell their house for the top dollar, they may want to consider fixing their home before putting it on sale. And if you do get an offer, they may require you to replace the roof before close. Photo by Miguel Á.

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Purchase and sale agreement Inspection Investor Closing costs 75

HomeLight

MAY 8, 2024

Deals can close in a matter of days or weeks, and with fewer contingencies, they are more likely to be carried to completion. In this guide, we’ll explain how to find reputable cash home buyers in Denver and outline the advantages of a cash home sale. Receive your offer in 24 hours and close in as little as 10 days.

Proof of funds 101

Proof of funds Due diligence Investor Agents 101

Kyle Handy

MAY 3, 2023

A real estate agent business plan is essential for success in today’s competitive market. It helps you set clear goals, define your vision, and outline the steps to achieve short-term and long-term objectives. Begin by identifying your ideal client. Reflect on your strengths as an agent and which clients you connect best with.

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Development Design Industrial Agents 68

HomeLight

JUNE 7, 2022

followed closely by “What do I need to do to apply for a mortgage?”. Go with the turn time that the lender states and then add an extra day to it, just to be safe,” says Richie Helali, a mortgage sales leader with HomeLight Home Loans who gave us the inside scoop on how long a mortgage preapproval really takes. Types of preapproval.

Mortgages 100

Mortgages Loans Lending Proof of funds 100

HomeLight

MARCH 13, 2023

Whatever your reason for needing a quick sale without making a substantial investment, the Orlando real estate market is teeming with cash buyers ready to make a deal no matter your home’s condition. Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready.

Sales 83

Sales Investor Due diligence Renovation 83

HomeLight

JUNE 14, 2023

Each escalation clause can look different, with some having caps, and others asking for proof of higher offers. Each escalation clause can look different, with some having caps, and others asking for proof of higher offers. As a buyer, you may have your heart set on that dream home, only to face the disappointment of being outbid.

Finance 71

Finance Agents Proof of funds As-is 71

HomeLight

AUGUST 31, 2021

As a rising number of companies provide cash offers for homes and improve experiences for sellers with advanced technology, the idea that you don’t have to wait months to list and close on your house appeals to many stressed-out sellers. Plus, you’ll save money on things like commissions, repairs, and closing costs.”.

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Proof of funds Investor Due diligence Closing 144

HomeLight

MARCH 13, 2023

Do you need to connect with cash home buyers in Austin for a fast sale? With so many people relocating to the Texas state capitol, there’s a need for housing – and there are plenty of cash home buyers in Austin to help sellers who need a quick sale. Receive your offer within a week and close in as little as 10 days.

Sales 72

Sales Investor House Flipping Pre-approval 72

HomeLight

MAY 24, 2022

Sellers tend to prefer all-cash offers because those deals close more quickly. Even though it’s all cash to the sellers at closing, with a cash offer, “you don’t have to go through the appraisal or the bank approval process — it’s cleaner.”. But just how long does it take to close on a house with cash, compared to a traditional loan?

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Purchase and sale agreement Closing Title search Title 108

HomeLight

JUNE 19, 2023

Get Started Step 1: Find the land for sale You won’t always be lucky enough to drive past a plot of land that’s the perfect investment opportunity for you. LandWatch is a free online resource you can use to search for rural properties and land for sale. It’s a plot of land. This isn’t the Land Rush of 1889. What are zoning laws?

Land 110

Land Proof of funds Purchase and sale agreement Title 110

HomeLight

SEPTEMBER 16, 2021

Handle any unique requirements of the sale. Review and sign the closing documents. Cash buyers provide a variety of conveniences to sellers, including a shorter closing, increased level of certainty, and the option to sell “as is” and save money on repairs. Pass the home inspection. Clear title. Check on the value of your home.

Title 103

Title Inspection Proof of funds Investor 103

HomeLight

FEBRUARY 16, 2023

Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. Receive your offer within a week and close in as little as 10 days. They usually present a take-it-or-leave-it sale price. If you accept the offer, you’ll both sign a sales contract. You receive a firm offer.

Purchase and sale agreement 84

Purchase and sale agreement Closing costs Closing Investor 84

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 108

Purchase and sale agreement Title search Proof of funds Title 108

HomeLight

MARCH 16, 2023

Do you need to connect with cash home buyers in Houston for a fast sale? Whatever your reason for needing a quick sale without making expensive repairs, Houston is teeming with cash home buyers ready to make you an offer no matter your home’s condition. Receive your offer within a week and close in as little as 10 days.

Sales 68

Sales Purchase and sale agreement Earnest money deposit Investor 68

HomeLight

JUNE 28, 2022

With the amount of money involved in a home sale, is it any wonder? In this article, we’ll walk you through the most common home buying scams, their warning signs, and how to make sure the money from your home sale stays in your pocket. Wire transfer scams could send your money to the wrong account, never to be seen again.

Proof of funds 92

Proof of funds Investor Title Agents 92

HomeLight

OCTOBER 20, 2022

For Sale By Owner (FSBO). 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. Original sales contract. Contact your lender to get this document to help calculate net proceeds from the sale of your home.

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Purchase and sale agreement Pre-approval Inspection MLS 105

HomeLight

JANUARY 5, 2022

Find an Agent to Coordinate a Sale Among Friends. Not all states require you to hire a real estate attorney to buy or sell real estate, but it’s almost always advisable to get legal representation in a sale among parties with a pre-existing relationship. This place is gorgeous! If you ever decide to sell, please let me know.”.

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Pre-approval Purchase and sale agreement Title search Title 109

HomeLight

FEBRUARY 3, 2022

You’re waiting for showings, waiting for offers, waiting for your buyer to submit repair requests, and waiting on the lender for the clear to close.”. No strangers traipsing through your home office, no lengthy or expensive roof repairs holding up the sale. The stress of selling a house is enough to make anyone feel overwhelmed.

Pre-approval 102

Pre-approval Staging Agents Proof of funds 102

HomeLight

OCTOBER 11, 2022

When the time comes to move, some tenacious homeowners in Iowa are eager to take over the reins of their home sale and figure out how to sell a house by owner. With millions of homes sold each year, a modest portion of sellers — about 7%-8% , historically — choose to list “For Sale By Owner” or FSBO (pronounced fizz-bow).

MLS 102

MLS Purchase and sale agreement Pre-approval Agents 102

HomeLight

APRIL 26, 2023

When the time comes to move, some tenacious homeowners are eager to take over the reins of their home sale and figure out how to sell a house by owner in Alabama. With millions of homes sold each year, a modest portion of sellers — about 7% in 2021 and 10% in 2022 — choose to list “For Sale By Owner” (or FSBO — pronounced fizz-bow).

MLS 71

MLS Agents Sales Proof of funds 71