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These iBuyers are coming to a market near you

Housing Wire

“We let homeowners choose their closing date and stay in the home after the closing through a rent back, so that they only have to move once.” “We let homeowners choose their closing date and stay in the home after the closing through a rent back, so that they only have to move once.”

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Don’t wait, sell your home now, real estate pros say

Realty Biz

At the same time, homeowner’s equity has grown too. homes with a mortgage are now considered to be “equity rich”, which means that the combined estimated amount of loans secured on the property is 50% or less of its estimated market value. The supply of existing homes for sale is at a record low of just 1.9

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6 Options to Consider When Selling and Buying a Home in a Seller’s Market

Redfin

Another option to consider is gap financing such as a Home Equity Line of Credit (HELOC) or a Bridge Loan. For those unfamiliar with HELOC or Bridge Loans, they use your home’s equity, the difference between your home’s value and the amount owed on your mortgage, to secure the loan. Homeowners in a seller’s market face a conundrum.

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How Much Should You Sell Your House For? Insider Tips for Pricing it Right in 2022

HomeLight

The one mistake we’re finding that sellers make is they get excited about the equity and the amount of money they’re going to receive…when the home sells,” says Kypreos. We might need what we call a leaseback,” or a rent-back , in which the seller leases the house back from the buyer until their new home is ready.

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Change the script you’re using with buyers and sellers

Real Trends

Today, people who own their homes aren’t willing to spend all their equity in their house compared to 15 years ago, so they aren’t interested in lowering its price. This could involve a quick settlement, a rent-back offer, a home inspection without repairs, or doing away with other contingencies.

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Staying After Selling: What to Know About Use and Occupancy Agreements

HomeLight

On the flip side, the U&O can allow the seller to remain in the home for a certain amount of time after closing (also known as a “rent-back” agreement). On the flip side, the U&O can allow the seller to remain in the home for a certain amount of time after closing (also known as a “rent-back” agreement).

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Seller’s vs. Buyer’s Market: A Seller’s Guide to Decoding Market Conditions

HomeLight

Think back to the quiz you aced during 10th grade economics with Mrs. Patil: supply and demand. If you’re looking to move, a seller’s market is a great time to cash out on your home equity. From cocktail parties to backyard barbecues, it seems like everyone around you is talking about how hot the real estate market is. as of 2020.

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