HomeLight

DECEMBER 15, 2023

Managing the sale of your Austin home while trying to purchase a new one can be difficult. With rising prices in a market where homes are in high demand, timing your sale and purchase can be particularly challenging. But what if there was a better way to transition from your old home to your new one?

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Equity Loans Debt-to-income ratio Home sale contingency 105

HomeLight

NOVEMBER 30, 2023

Buying and selling homes in Maine often involves a tricky balance of timing and funds, especially in a market with low inventory and high prices. As a homeowner, you might feel cornered into selling your current home before you can afford to buy a new one, leading to the hassle of finding temporary housing in the interim.

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Equity Loans Debt-to-income ratio Home sale contingency 108

HomeLight

NOVEMBER 30, 2023

Selling your old home while simultaneously buying a new one in Iowa can often feel like a delicate balancing act. You can then make a strong offer on your next home with no home sale contingency. The lender providing the mortgage for your new Iowa home will often manage your bridge loan.

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Equity Loans Debt-to-income ratio Home sale contingency 106

HomeLight

NOVEMBER 30, 2023

Selling your home in Missouri and buying a new one often involves a tricky dance of timing and finances. This becomes particularly challenging in a market where homes are scarce, and prices are high. You might think your only choice is to sell your current home, find a temporary place to live, and then hunt for your new dream house.

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Equity Loans Debt-to-income ratio Home sale contingency 109

HomeLight

NOVEMBER 29, 2023

For many Idaho homeowners, it might seem like the only path forward is to sell first, move into a temporary location, and then embark on the hunt for a new home. You can then make a strong offer on your next home with no home sale contingency. What is a bridge loan, in simple words?

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Equity Loans Home sale contingency Debt-to-income ratio 102

HomeLight

NOVEMBER 29, 2023

Navigating the real estate market in Hawaii can often feel like a high-stakes balancing act, especially when you’re trying to sell your old home while buying a new one. You can then make a strong offer on your next home with no home sale contingency. But what if there was a smoother way to transition?

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Equity Loans Debt-to-income ratio Home sale contingency 104

HomeLight

NOVEMBER 30, 2023

Selling your old home and buying a new one in New Jersey often involves a tricky balance of timing and funds, especially in a market with low inventory and high prices. This short-term financing option is designed to bridge the gap, allowing you to purchase your new home in New Jersey before you’ve sold your old one.

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Equity Loans Debt-to-income ratio Home sale contingency 109

HomeLight

NOVEMBER 17, 2023

You might find yourself contemplating the daunting prospect of selling your home, moving to a temporary location, and then hunting for a new house. They enable you to purchase your new home before you’ve sold your current one, smoothing out the transition and alleviating the stress of timing in the real estate market.

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Equity Loans Debt-to-income ratio Home sale contingency 106

HomeLight

NOVEMBER 17, 2023

You might find yourself in a predicament where it seems the only option is to sell your home, move out, and temporarily relocate while you hunt for your new dream house. As a short-term financing option, bridge loans offer the unique advantage of helping you purchase your new home before you’ve sold your old one.

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Equity Loans Debt-to-income ratio Home sale contingency 105

HomeLight

DECEMBER 14, 2023

Purchasing a home in San Francisco when trying to sell your current one can be a nightmare, especially when trying to sell your current home when purchasing a new one. A bridge loan is a short-term financing option that allows you to buy a new home before selling your current one. What is a bridge loan, in simple words?

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Equity Loans Debt-to-income ratio Home sale contingency 108

HomeLight

NOVEMBER 29, 2023

Selling your old home while simultaneously buying a new one in Indiana can often feel like a delicate balancing act. You can then make a strong offer on your next home with no home sale contingency. Imagine you’re a homeowner in Indiana, ready to purchase your dream home before selling your current property.

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Equity Loans Debt-to-income ratio Home sale contingency 109

HomeLight

DECEMBER 4, 2023

Selling your old home while buying a new one in North Carolina often presents a tricky balance of timing and funds. In a market where inventory is low and prices are high, synchronizing the sale of your current home with purchasing a new one adds an extra layer of complexity. What is a bridge loan, in simple words?

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Equity Loans Debt-to-income ratio Home sale contingency 108

HomeLight

NOVEMBER 29, 2023

For many homeowners in Wisconsin, it might seem that the only option is to sell first, then face the inconvenience of moving to a temporary location while searching for that perfect new home. You can then make a strong offer on your next home with no home sale contingency. What is a bridge loan, in simple words?

Equity 104

Equity Loans Debt-to-income ratio Home sale contingency 104

HomeLight

NOVEMBER 29, 2023

Selling your old home and buying a new one in New York often involves a tricky balance of timing and funds. You might think your only option is to sell your current home, find a temporary place to live, and search for your new dream house. You can then make a strong offer on your next home with no home sale contingency.

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Equity Loans Debt-to-income ratio Home sale contingency 101

HomeLight

NOVEMBER 29, 2023

You might feel cornered into selling first and then facing the hassle of finding a temporary place to stay while you search for your next home. This short-term financing option is designed to help you bridge the gap, allowing you to buy your new home in Washington state before you’ve sold your current one.

Equity 105

Equity Loans Debt-to-income ratio Home sale contingency 105

HomeLight

DECEMBER 5, 2023

Are you a Connecticut homeowner caught in the challenging dance of selling your old home and buying your new one? Picture this: you’ve found your dream home, but your current one hasn’t sold yet. You can then make a strong offer on your next home with no home sale contingency.

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Equity Debt-to-income ratio Loans Home sale contingency 106

Realty Biz

NOVEMBER 11, 2020

When you begin an online search for a home, you may find some sale statuses you don’t fully understand. It is fairly obvious what is meant when homes have a status of “for sale” or “sold,” but some statuses may not be as clear. For example, if a home sale is contingent or pending, can you still make an offer?

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Backup offer Sales Home sale contingency Earnest money deposit 112

HomeLight

MARCH 18, 2022

As a homeowner, there’s a good chance that your next move will have you straddled with two major decisions at one time: selling your current home and buying a new one. Here are the four primary options available to you when it comes time to buy a house that is contingent on selling yours. ?. What is a home sale contingency?

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Home sale contingency Staging Closing Inspection 109

Real Trends

JUNE 8, 2022

As a power buyer, Ribbon will purchase a home on behalf of a buyer, regardless of what stage of the mortgage process the buyer is in. Ribbon also says it will waive mortgage, appraisal and home sale contingencies. All-cash offers are one way to do this, but not all homebuyers are in a position to make them.

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Home sale contingency Staging Equity Investor 71

HomeLight

JUNE 16, 2023

In many instances, a homeowner needs to use equity from their existing home to buy their next residence. That can mean adding a home sale contingency to their offer, which makes it weaker and less attractive to sellers, or finding temporary housing between transactions. Neither of these options are ideal.

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Home sale contingency Staging Loans Closing 96

RIS Media

APRIL 8, 2022

Once you find your dream home and it happens to be marked as contingent, you can still place an offer. Here’s all you should know about contingent sales as a potential home buyer. Contingent meaning. Real estate listings go through different stages. What about houses listed as “contingent?

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Debt-to-income ratio Title search Backup offer Home sale contingency 144

Realty Biz

JULY 1, 2023

Navigating the escrow process is a critical aspect of home buying, ensuring a secure and smooth transaction for both buyers and sellers. Escrow acts as a neutral third party that holds funds and documents until all conditions of the home purchase are met. Selling your home can be a bumpy journey.

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Purchase and sale agreement Earnest money deposit Title search Pre-approval 77

Realty Biz

JANUARY 21, 2022

Ask potential agents about how they will keep you updated on the listing and sale of your home. Stage Your Home. If you’ve already moved, then you have probably emptied your home. Ask your agent to have high-quality photos taken after the furniture has been staged. Keep Budgeting for Home Expenses.

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Home sale contingency Staging Brokerage Agents 108

RIS Media

MAY 19, 2021

When your real estate agent puts your home in the multiple listing service, it will have an “Active” status. ” There are other statuses in the MLS listings like “Pending,” “Contingent,” “Coming Soon” and “Expired.” Contingent vs. Pending? Title Contingencies.

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Purchase and sale agreement Earnest money deposit Inspection contingency Home sale contingency 98

Windemere Selling

NOVEMBER 30, 2022

The following information is meant to clarify some common real estate terms that describe a home for sale and its position in the closing process. And for buyers, it helps to be familiar with these terms when searching for your next home and how they factor into making an offer.

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Purchase and sale agreement Backup offer Home sale contingency Inspection 52

HomeLight

APRIL 21, 2022

Marketing your home “for sale by owner” (known as FSBO ) or selling to an iBuyer (instant buyer) like Opendoor or Offerpad are options that may seem to prioritize profit and speed, respectively. But the most conventionally respected process for selling your home involves a licensed Realtor®, and there are proven reasons why.

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Purchase and sale agreement Staging Agents Closing 108

HomeLight

APRIL 18, 2024

The company doesn’t currently buy homes directly, however. While Trulia allows FSBO listings, you have to go through Zillow to get your home listed. Trulia doesn’t present all of these as search options — but you can input them as keywords in case the listing agent has included them in the home’s description. What is Zillow?

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Agents Equity Sales Home sale contingency 111

HomeLight

NOVEMBER 9, 2021

If you need to sell your home pronto, now is a great time. For a seller in a hurry, the shortage of homes means you can anticipate fewer days on market (DOM). Just how fast can you sell your home? This means, using the conventional process, you can generally sell your home in as little as 48-75 days. Traditional Sale.

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Purchase and sale agreement Home sale contingency Title search Inspection 98

HomeLight

SEPTEMBER 14, 2022

Combining Slobounov’s expert insights with our extensive research on home-selling strategies, this post will provide 17 tips to help you sell your home even in a down market. Price your home right. An overpricing error can inadvertently make your home less visible or less attractive to both sets of buyers. Get Estimate.

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Marketing Inspection Staging Seller concession 117

HomeLight

NOVEMBER 10, 2021

When a buyer is scheduled to tour your home the next day, you can’t hit the sack. The term iBuyer encompasses a list of companies including Opendoor, Offerpad, Zillow, Redfin, and HomeLight (we offer iBuying services through our Simple Sale and Trade-In platforms). However, program details can frequently change.

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Home sale contingency Sales Closing Short sale 108

HomeLight

JANUARY 3, 2023

Year-over-year, monthly sales in the Phoenix metro area were down nearly 25%. Often, the decision to go for sale by owner (or, “FSBO”) is motivated by a desire to save on agent commissions. FSBO is a method of selling your home without the involvement of a listing agent. Quick FSBO overview.

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Purchase and sale agreement Inspection MLS Inspection contingency 110

HomeLight

MARCH 31, 2022

Early 2022 data from Florida Realtors® indicates a 23% increase in median sales price and a 33.3% Average home sale price in Florida: $530,419 (Jan 2022). FSBO is a method of selling your home without the involvement of a listing agent. Disclaimer : HomeLight does not provide legal advice. Real estate transfer taxes? .

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Purchase and sale agreement Inspection Title MLS 103

HomeLight

MARCH 31, 2022

FSBO is a method of selling your home without the involvement of a listing agent. In a FSBO scenario, the seller assumes the responsibilities that would normally fall to their agent such as pricing the home, arranging showings, and negotiating the deal. Disclaimer : HomeLight does not provide legal advice. 2022 , a 28.5%

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Purchase and sale agreement Inspection MLS Inspection contingency 102

HomeLight

APRIL 15, 2022

A couple in Atlanta is ready to sell their charming and recently renovated three bed, two bath brick two-story home. They share photos of the home, complete a digital walkthrough, and have the property exterior inspected. They skip showing the home and drop their keys in a lockbox upon move-out. What is an iBuyer? Purchases.

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Title House Flipping Title search Sales 97

HomeLight

JUNE 17, 2022

“I think you have a lot of factors but currently in our marketplace, it’s more of a supply and demand,” says DeWayne Carpenter , who has 26 years of experience pricing homes and is recognized as a top-producing agent in the Melbourne , Florida, area. A seller’s market occurs when home inventory is low and competition is high.

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Inspection Pre-approval Inspection contingency Renovation 109

Redfin

AUGUST 4, 2021

A listing agent, also known as the seller’s agent, is a real estate agent who represents a home seller in a real estate transaction. A selling agent, more commonly known as a buyer’s agent, represents the homebuyer find a house and guide them through the process of purchasing a home. What is a listing agent? What is a selling agent?

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Agents Purchase and sale agreement Inspection contingency Title 72

HomeLight

DECEMBER 22, 2020

Social distancing and stay-at-home directives have been the theme song of 2020, leading more and more urban dwellers to exit densely-populated city locations in favor of suburban residences. The features that make a home desirable in the suburbs don’t necessarily translate to the city. Source: (Wander Fleur / Unsplash). Conveniences.

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