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How Long Does It Take to Buy a House?

Realtor.com

Step 1: Getting mortgage pre-approval. To help illuminate what’s going on, here’s a rundown of the various stages you’ll encounter while home shopping to help you plan your buying timeline just right. Step 1: Get pre-approved for a mortgage. kali9 / Getty Images Table of contents: . Step 3: Closing the deal.

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131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

And now we present the 131 real estate terms you need to know—and be able to define for clients—in 2023: 1031 Exchange. This tool, also known as a like-kind exchange, allows investors to defer paying capital gains taxes on a sale. The catch is that they must sell one property and buy a similar one within a set time frame. Active contingent.

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Winning The Listing Appointment: How to Prequalify the Seller

HomeLight

And what that pre-qualification entails is asking a series of detailed questions to not only gather as much data and information as I can as far as the who, what, where, and why, you know, somebody’s motivation, what they’re looking to accomplish, timeframes, things of that nature. This is the first of a two-part series.

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How to Sell a House By Owner in Alabama

HomeLight

Or — in the event you’d prefer to work with a real estate agent — HomeLight would be happy to introduce you to highly-rated professionals in your Alabama market who can help you command top dollar and provide a low-stress selling experience. How does selling by owner (FSBO) work in Alabama? Why sell a house by owner in Alabama?

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Win the Listing Appointment: How to Prequalify the Seller

HomeLight

In this week’s episode of The Walkthrough, agent and coach Aaron Novello shares how pre-qualifying sellers has helped his team win 80% of its listing appointments. Inventory is at record lows across the country. Just like buyers are competing for scarce homes that they want to buy, agents are competing for scarce listings.

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How to Sell a House by Owner in New Jersey

HomeLight

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. In recent years, the hot New Jersey real estate market and a steep rise in equity added extra incentive to maximize profits. That 6% is deducted from the seller’s proceeds at closing.