HomeLight

DECEMBER 30, 2021

When you make an offer to buy a house, you’ll sign and initial contracts for each offer, and when one is accepted, it’s now officially a purchase agreement , which becomes a legal document. Matt Laricy is a top agent in Chicago , completing 41% more sales than the average agent in his area. Buying a house is a pretty big deal.

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C4D Crew

JULY 11, 2022

In real estate, when you buy a house, you pay for the property, sign a standard purchase and sales agreement , and receive the deed for the land. Although it is primarily an agreement between the renter and their subtenant, the landlord must give proper authorization. No Official Agreement. No Vacancy.

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HomeLight

AUGUST 27, 2021

It’s in the air, but it doesn’t grow until it lands on something that’s moist.”. As a homebuyer, what are you supposed to do if you love a house but notice a black spot on the wall? Or if the inspector uncovers a mold-related issue during the inspection? And can you even sell a house with mold ? But is it always a deal breaker? What is mold?

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Redfin

MARCH 3, 2022

You’ll want to rethink purchasing that beautiful new couch and hold off on planning those backyard additions before the title has been cleared. Unless you’re submitting an all-cash offer, you’ll need to obtain financing to purchase your home. By far, one of the biggest nightmares is that the mortgage falls through on the closing day.

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RIS Media

SEPTEMBER 20, 2021

As more and more climate change-fueled extreme weather events—from historic hurricanes to unexpected summer downpours—affect homes, one issue anyone selling or buying a home needs to be aware of is disclosure. Alabama has no statutory or regulatory requirements for disclosure of flood risk, federal flood insurance requirements or past flood damages.

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HomeLight

OCTOBER 12, 2022

With median sales prices rising 24.2% Some states have requirements for disclosing issues affecting the land or additional disclosures specific to that state. DISCLAIMER: As a friendly reminder, this blog post is meant to be used for educational purposes only, not legal advice. What is a seller’s disclosure? Get Estimate.

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HomeLight

OCTOBER 30, 2020

A cash deal can close in as little as 7 days, while financed home purchases tend to take an average of 45 days to close. A cash deal can close in as little as 7 days, while financed home purchases tend to take an average of 45 days to close. Cash purchases, too, can get held up by a range of potential delays. Not always!

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Marco Santarelli

SEPTEMBER 19, 2023

Real estate investing comes with risks and challenges that should be considered. With the right tools and resources, beginners can begin building a successful investment portfolio. Continued education and research is essential for long-term success in real estate investing.

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Realty Biz

MAY 4, 2021

The appeal of real estate development is the potential for higher operating profits during ownership and larger capital gains upon sale. Most residential development projects are further specialized into apartment buildings or tracts of land for single-family homes. Residential Development Project Scope.

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HomeLight

OCTOBER 29, 2020

Because the stakes are high when it comes to property transactions, contingencies are written into the purchase agreement , and in most cases, action must be taken toward satisfying those contingencies within a certain time frame. Is it an understatement to say that buying a house can be a complicated process? Negotiable contingencies.

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Marco Santarelli

AUGUST 17, 2020

Instead, we’re going to focus on the best real estate websites that make it easier to perform due diligence when researching properties and simplify the process of finding, vetting, and managing tenants. ® offers a comprehensive list of for-sale properties, as well as the information and tools to make informed real estate decisions.

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HomeLight

NOVEMBER 30, 2022

We analyze millions of home sales to find buyer’s agents who will show you the perfect home with the right price. While old-fashioned methods of picking a real estate agent like referrals and for-sale signs are valuable in your search, the ever-evolving internet offers a wealth of immediate resources. Get Started.

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HomeLight

DECEMBER 6, 2022

When the time comes to move, some tenacious homeowners in New Jersey 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% in 2021 and 10% in 2022 — choose to list “For Sale By Owner” (or FSBO — pronounced fizz-bow).

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Norada Real Estate

FEBRUARY 21, 2022

Looking to purchase and profit from a rental property? However, it requires due diligence, on your part, to ensure you get the best return on your investment. Just like any business, purchasing a rental property to earn monthly income can be a bit risky too. How good is that? However, it’s not like that at all.

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Marco Santarelli

AUGUST 18, 2020

In June, the pending sales of single-family homes jumped 43.6 percent from 1,187 homes put under agreement in May, and condo pending sales climbed and even more impressive 51.7 percent from 782 units placed under agreement in May, according to GBAR. The median sale price was $679K. year-over-year.

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The Close

DECEMBER 29, 2022

This tool, also known as a like-kind exchange, allows investors to defer paying capital gains taxes on a sale. ” If a property is active contingent, a buyer has submitted an offer to purchase a property, but the sale won’t be finalized until certain conditions, or contingencies, are met. Active contingent. Adjustment date.

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