HomeLight

JULY 31, 2020

While seamless closings are ideal for everyone involved, they almost never happen unless the buyer is paying cash on the home, and even then there can be a roadblock or two. These are the top home closing delays that could affect if and when you close on your new home, and how to overcome them. is not a simple or finite one.

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Closing Purchase and sale agreement Title search Earnest money deposit 112

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 88

Redfin

MARCH 3, 2022

Sometimes when a homebuyer wants to close on the home as quickly as possible, it can lead to unrealistic contract dates. For example, a termite inspection could show that there is damage that’ll require major repairs or the appraisal value of the home comes in lower than the price you offered on the home.

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Redfin

JANUARY 26, 2022

When it comes to a real estate transaction like buying a home , a lot of important paperwork needs to be completed before you can call a home yours. One of these important pieces of paperwork is a purchase and sale agreement. . What is a purchase and sale agreement? What does the purchase and sale agreement consist of?

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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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HomeLight

JUNE 23, 2022

Earnest money is a deposit from a buyer paid at or immediately after having an offer accepted for a home to indicate that they are serious about following through with the transaction. 5k for a $500K home). It is usually held in the broker’s or title company’s trust or escrow account until closing. What is earnest money?

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HomeLight

OCTOBER 30, 2020

If you’re looking to buy a home, you’ve probably heard that cash is kind of a big deal in real estate. 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. Why would you run into financing issues if you’re buying a home in cash?”. Because it’s fast. Not always!

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HomeLight

JANUARY 13, 2022

You’re getting ready to call your agent to schedule a showing when you notice that the listing says the property is “active contingent.”. What on earth does active contingent mean? In this guide, we’ll take the term “active contingent listing” and break down what it means. What does active contingent mean?

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HomeLight

JULY 29, 2022

When you’re buying a house, the list of what can go wrong at closing includes everything from issues with the mortgage loan and buyer’s credit, insurance snags, appraisal problems, title claims, and events beyond everyone’s control (such as natural disasters, or buyer or seller illness or death). Problem: Wire fraud (money goes missing).

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HomeLight

JULY 31, 2022

But what if you decide that you don’t want to work with a buyer’s agent to buy your home? Chances are, if you’ve decided that buying a home without an agent is the best choice for you — and you’re reading this — you need some guidance for how to go about the process on your own. You’ve decided it’s time to buy a house !

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HomeLight

JUNE 30, 2021

Even as an agent with over 400 homes under my belt and 11 years of experience, I would never buy in a market in which I’m not licensed without a real estate agent,” says Jessica Arledge , a top agent who works with over 76% more single-family homes than the average Savannah agent. Source: (KAROLINA GRABOWSKA / kaboompics).

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Purchase and sale agreement Inspection contingency Home sale contingency Inspection 84

HomeLight

JULY 26, 2022

Is it a yard sale? No…it’s a for sale sign!!! You’ve found yourself a FSBO home. What is a FSBO home? A “for sale by owner,” or FSBO (pronounced “fizz-bo”) home, is a home that is being sold by its owner who hasn’t hired a listing agent. In fact, 57% of FSBO sellers knew the buyer of their home.

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HomeLight

MARCH 13, 2023

Looking for cash home buyers in Orlando? Whatever your reason for needing a quick sale without making a substantial investment, the Orlando real estate market is teeming with cash buyers ready to make a deal no matter your home’s condition. Need to Sell Your House Fast in Orlando? No showings, no repairs, no open houses.

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HomeLight

NOVEMBER 21, 2022

When the time comes to move, some tenacious homeowners in South Carolina are eager to take over the reins of their home sale and figure out how to sell a house by owner. As the market shifts, you may have new concerns about how much you can get for your home and the amount of your net proceeds.

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