Realtor.com

JANUARY 2, 2023

“It’s true, on the average, that new homes of similar sizes historically outprice pre-owned by about 16%,” says Stephen Haines , president of Artisan Built Communities. “Depending on the age of the pre-owned homes, one should understand the remaining life expectancy of these components,” says Haines.

New Construction 105

New Construction Construction Pre-approval Inspection 105

Windemere Buying

MARCH 29, 2023

New construction homes are kick-started from two primary sources: the homeowners themselves and developers. This tailored approach comes at a price; building a custom home generally costs more than purchasing a new build from a developer. What is a new construction home?

New Construction 86

New Construction Construction Pre-approval Land 86

Toronto Realty Blog

SEPTEMBER 19, 2022

I have been perhaps the harshest critic of the pre-construction condominium industry in Ontario over the past two decades. Some of you, reading this, have made money in pre-construction. I think I grew so disenfranchised with writing about the perils of pre-con that I finally stopped. I have no doubt about that.

Construction 74

Construction Industrial Purchase and sale agreement Pre-approval 74

Housing Wire

FEBRUARY 8, 2022

Bill Bymel, managing director at Spurs Capital , an investment manager specializing in distressed mortgages, said that about 15% of the overall portfolio during the pandemic contained non-communicative borrowers, up 50% compared to the same pool of borrowers pre-COVID. Larry Goldstone is tired of being ghosted. We know who the borrowers are.

Loans 369

Loans Pre-approval Mortgages Principal 369

Realty Biz

AUGUST 29, 2023

Before starting, one of the most vital things to consider is how much it costs to build a new home. Unfortunately, lots of folks underestimate building expenses. There is also a typical propensity to make the most expensive selections. When creating your dream home, it is hard to resist. Ask builders questions as part of an interviewing process.

Construction 93

Construction Inspection Design Land 93

Kyle Handy

MARCH 15, 2023

The courses include pre-licensing, post-licensing, continuing education, and exam prep courses. Are you interested in pursuing a career in real estate in Texas but finding it difficult to navigate the countless online courses available? Exam pass rates were a significant factor as it indicates the quality of education provided.

Pre-approval 52

Pre-approval Agents Inspection Industrial 52

Lab Coat Agents

FEBRUARY 7, 2023

So, whether you’re just starting to think about buying a home or are already doing so, be sure to read on for some valuable tips. Tips When Buying A Home For The First Time Location is vital: You’ll want to pick a neighborhood that you feel comfortable with and is in a good location. It’s okay to start small and work your way up.

FHA loan 96

FHA loan VA loan Pre-approval Fixed-rate mortgage 96

Toronto Realty Blog

AUGUST 29, 2022

From the article: British Columbia has announced a mandatory three-day period to allow homebuyers time to arrange an inspection and take other important steps like securing financing in the province’s high-pressure real estate market. Unfortunately, I’m so rational and logical that it renders me “boring” at times.

Inspection 78

Inspection Purchase and sale agreement Pre-approval Finance 78

HomeLight

JUNE 28, 2021

Department of Housing and Urban Development , a government agency first created by President Lyndon B. HUD’s Office of Housing also includes the Federal Housing Administration (FHA), an agency that insures mortgage loans issued by FHA-approved lenders to protect against losses if a borrower defaults on a loan. What is HUD?

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Pre-approval Pre-qualification FHA loan Inspection 94

Real Trends

DECEMBER 27, 2022

Inspection issues. An inspection can often reveal major issues that either side would not have been aware of. Whatever side you are on, being aware of inspection issues and how to work with them will be paramount in increasing your close rate. Before a mortgage is approved, lenders will have a property appraisal.

Sales 60

Sales Home sale contingency Pre-approval Inspection 60

The Close

SEPTEMBER 10, 2020

The motivation of this first strategy is to gain clarity on the seller’s wants and needs, and also to develop rapport with the listing agent. Make Sure You Have a Proper Approval Letter From a Reputable Lender. Include an As-is Home Inspection Contingency. You never know what to expect day to day. CALL the Listing Agent.

Home sale contingency 112

Home sale contingency Pre-approval Earnest money deposit Marketing 112

HomeLight

MARCH 6, 2023

A home inspection and a home appraisal both happen after an offer has been made and accepted. Think of it this way — the home inspection is for you, the home appraisal is for the bank. Whether you’re new to the housing market or buying a second home, it’s easy to get confused with all the lingo. Get Estimate What is a home appraisal?

Pre-approval 60

Pre-approval Banks Loans Inspection 60

Redfin

AUGUST 21, 2020

First, you’ll need a lender’s pre-approval for a mortgage to know the price range you can afford on a house. A real estate agent has developed good strategies to learn more about what might be going on with a seller, so try and find out why they are selling and how quickly they’re looking to move. The home offer process.

Pre-approval 77

Pre-approval Purchase and sale agreement Inspection Title 77

HomeLight

MARCH 30, 2021

Some people just focus on a home inspection and that’s not enough. Buying a house is exciting, but before you get carried away dreaming about how you’ll lay out your furniture , don’t forget: This is a legal transaction. As a buyer, that means you have to do your due diligence from both a practical and contractual perspective. And it’s true!

Due diligence 103

Due diligence Inspection Title Pre-approval 103

HomeLight

SEPTEMBER 15, 2021

Pre-listing inspection report. Home inspection report. A new contract can be signed without the old contract, and the new buyer will conduct new inspections and obtain a new title insurance policy.”. Original sale contract. Proposed marketing plan. Seller’s net sheet. Preliminary title report or “prelim”. 1099-S tax form.

Purchase and sale agreement 113

Purchase and sale agreement Inspection Title Pre-approval 113

Real Trends

JULY 14, 2022

million , more in line with the pre-pandemic numbers of 2018 and 2019. On the buyer’s side, many markets have slowed enough that they don’t need to waive home inspections or other contingencies any longer. One of the best ways to increase production during slower months is to collaborate with agents in your brokerage.

Agents 52

Agents Sales Pre-approval Brokerage 52

RIS Media

MAY 4, 2022

I made that my focus, and now I lead the development of our brand social campaigns. I made that my focus, and now I lead the development of our brand social campaigns. I then work with our creative team, helping brainstorm and ultimately approve those concepts.

Branding 98

Branding Commercial Pre-approval Development 98

Windemere Selling

SEPTEMBER 18, 2019

#2 Get pre-approved Before getting serious about your hunt for a new house, you’ll want to choose a lender and get pre-approved for a mortgage (not just pre-qualified—which is a cursory review of your finances—but pre-approved for a loan of a specific amount).

Pre-approval 52

Pre-approval Principal Closing costs Inspection 52

HomeLight

MARCH 2, 2023

Closing costs in California average about 1% of the home’s sale price , and there are other pre-paid costs you might have as well. This Pacific Coast city combines the urban vibes of art and culture alongside fun physical activities like surfing or boating. Looking to Buy Your Dream Home in San Diego?

Closing 93

Closing Earnest money deposit Sales Inspection 93

HomeLight

MARCH 6, 2023

Closing costs in California average about 1% of the home’s sale price , and there are other pre-paid costs to consider as well. While it’s long been considered a hub for big tech, the Bay Area, which includes San Francisco, Oakland, San José, and Sonoma, is also family friendly, diverse, and rich in arts, culture, and history.

Closing 88

Closing Earnest money deposit Sales Title 88

HomeLight

AUGUST 31, 2021

The exact steps vary from state to state, but let’s take a general look : Pre-foreclosure: As the name implies, a pre-foreclosure isn’t in foreclosure yet, but it’s on the way there. Usually, a home goes into pre-foreclosure after several consecutive months of missed mortgage payments, and the lender issues a notice of default.

Pre-approval 98

Pre-approval Short sale Banks Finance 98

Realty Biz

JANUARY 13, 2024

When buying a home, asking your Realtor the right questions is crucial. Understanding their role, finding the right professional, and knowing what to ask can significantly impact your buying experience. Many articles are written about how to interview a Realtor when selling a home. Someone will be your advocate and fiduciary.

Agents 111

Agents Land Pre-approval Finance 111

Realtor.com

DECEMBER 17, 2020

LPETTET/Getty Images Now that the first COVID-19 vaccines are being delivered across the U.S., it seems like the end of this surreal stay-6-feet-apart, shelter-in-place existence is— finally! —in And yet, some of the adaptations we’ve made this year are likely to stick around. First-run movies streamed to your TV? But as realtor.com®

Pre-approval 144

Pre-approval Technology Closing Inspection 144

HomeLight

MARCH 13, 2023

Need to Sell Your House Fast in Los Angeles? 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. No showings, no repairs, no open houses. Available to sellers in the Los Angeles area.

Sales 91

Sales Purchase and sale agreement Due diligence Inspection 91

RIS Media

MARCH 25, 2022

What is clear is that a lack of inventory stemming from stalled new development is setting the industry up for continued disruption. Better Homes and Gardens Real Estate LLC (BHGRE) is thinking spring—spring selling season that is. The broker panel observed that strict seasonality is seeing signs of change.

Pre-approval 98

Pre-approval Inspection As-is Principal 98

HomeLight

AUGUST 25, 2020

The overarching question, as you make your way down your pre-sale checklist , is likely something along the lines of: “How long is this going to take?”. Below are just some of the typical pre-listing preparations that Shapiro calls out as essential: Reduce clutter. Once you make the decision to sell your home, the clock starts ticking.

Closing 120

Closing Pre-approval Inspection Days on market 120

The Close

DECEMBER 29, 2022

A contingency might be the buyer selling their current house, requiring certain repairs to be made, or obtaining a clean termite inspection. And now we present the 131 real estate terms you need to know—and be able to define for clients—in 2023: 1031 Exchange. ” A. Sure, deals can fall apart. What About ARMs? Adjustment date.

Purchase and sale agreement 97

Purchase and sale agreement Title Proof of funds Pre-approval 97

Toronto Realty Blog

MARCH 25, 2022

From the article: The housing crisis in the Greater Toronto Area is at risk of threatening one of the provinces’ most profitable sectors: construction, according to a new report by an industry group calling on local governments to make it easier to plan and approve new housing projects. Thank goodness for stock images, eh? Oh, of course not!

Purchase and sale agreement 77

Purchase and sale agreement Construction Pre-approval Development 77

HomeLight

OCTOBER 27, 2021

You’re shopping for a house, and the one you’ve got your eye on as “perfect” is a preforeclosure. This is a great time to leap on it for a potential bargain, along with the chance to get to know the house before you buy. “If Here, we’ll walk you through the steps from beginning to end. Source: (airfocus / Unsplash). Step 3: Find your house.

Purchase and sale agreement 87

Purchase and sale agreement Inspection Homeowner’s association Title 87

HomeLight

SEPTEMBER 30, 2020

The name comes from the US Department of Housing and Urban Development (HUD). Buyers with lower credit scores or lower down payments can sometimes get an FHA loan even if they can’t get approved for a conventional loan. How does bidding work? Can you walk through the homes before you buy them? Source: (Flipboard / Unsplash).

Earnest money deposit 79

Earnest money deposit FHA loan Pre-approval Finance 79

Redfin

JUNE 14, 2023

The city’s diverse neighborhoods offer a range of affordable suburbs , from historic districts like Fisher Park to modern developments in the suburbs. If you need help figuring out where to start, Redfin has your back. From market insights and the homebuying process, read on to make the jump to homeownership.

Pre-approval 57

Pre-approval Debt-to-income ratio Closing costs Title 57

Redfin

JUNE 21, 2023

Scott Jones, the economic development director for the city of Manor, Texas , proudly showcases his community as a shining example of a location’s potential. If so, you’re in luck because this Redfin article is tailor-made just for you. Everyone has something to offer.

Due diligence 58

Due diligence Earnest money deposit Investor Inspection 58

HomeLight

MARCH 17, 2021

The nav system also tells you how long it will take, so planning out your road trip is easy. If you’re a first-timer looking at buying a home, you may long for a GPS to get you through the homebuying process. After all, how can you know how long it takes to buy a house, and what do you have to keep in mind? Figure out your budget.

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Pre-approval Purchase and sale agreement Title Closing 98

HomeLight

FEBRUARY 28, 2021

According to the Vision Next: 25 by 2025 , El Paso is on a mission to develop a vibrant regional economy and safe, beautiful neighborhoods with exceptional recreation, while promoting cultural and educational opportunities. These numbers will help immensely as you start the process of getting pre-approved for a mortgage.

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Inspection Pre-approval As-is Agents 75

HomeLight

AUGUST 31, 2021

If so, then the 203k loan may offer a way to finance your plans, but first, you’ll need to know both what this loan is and how to get a 203k loan. . The Section 203(k) Loan Program is a Federal Housing Administration (FHA) program that lets you finance both the purchase price of a home and the cost of repairs to the home with a single loan.

Loans 83

Loans FHA loan Pre-approval Finance 83

The Close

FEBRUARY 20, 2024

In real estate, the market is tied to the basic economic rule of supply and demand, which determines if a market is a buyer’s market vs seller’s market. Sure, certain seasons might have more foot traffic than others, but the housing market could vary drastically from neighborhood to neighborhood. What Does a Buyer’s Market Look Like?

Marketing 91

Marketing Debt-to-income ratio MLS Pre-approval 91

HomeLight

SEPTEMBER 15, 2022

Experienced investors and developers are often present at these trade-offs, making it easier to deal with problem properties,” he says. Once you’ve made the decision to sell your house, you likely have two main goals: to complete the sale as quickly as possible and to hit that magic number when it comes to price. What are the steps involved?

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Pre-qualification Pre-approval Investor Agents 87