HomeLight

JULY 25, 2022

JoAnn and her business partner and husband, Thomas “Tom” Jacobs, have sold real estate in Tallahassee, Florida, for more than 24 years and have completed the sale of 100% of their listings. Sellers are interested in listing their home ‘as is’ because they want a sale with an easy transaction and a lot less hassle,” says Tom.

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As-is Purchase and sale agreement Inspection Closing costs 82

HomeLight

MAY 23, 2022

HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. Median sales price in North Carolina. “As is” is a type of home sale where it’s understood that no improvements will be made to the property. Looking to sell a house “as is” in North Carolina?

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As-is Purchase and sale agreement VA loan Inspection 81

HomeLight

DECEMBER 7, 2021

Whether you’re buying, selling, or refinancing a home, you’re probably going to have to endure a home inspection. It can necessitate a lot of preparation and cause a certain amount of anxiety, but a home inspection is an important part of the process when you’re selling a home. But what’s inspected? Prepare for an inspection.

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Inspection Purchase and sale agreement Pre-approval Closing 82

HomeLight

APRIL 29, 2022

Some people have a lot more time and energy to engage and make the best of the sale, and some people don’t,” says George Graham , a top real estate agent in the Seattle, Washington, area. An as-is home sale often indicates that the home has some “big-ticket items” that won’t pass the required inspection or appraisal, he adds.

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As-is Purchase and sale agreement Investor Inspection 65

HomeLight

MARCH 13, 2023

A cash sale may provide the speed and efficiency you need. Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. Buyers were liquid with cash and there are a lot of sellers going that route rather than waiting on a traditional sale.

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Sales Purchase and sale agreement Due diligence Inspection 85

HomeLight

DECEMBER 10, 2021

Just how much do you stand to lose if you list your home as an as-is sale ? Ryne Lambert , real estate investor and cash home buyer based in Wisconsin. When selling your house as is, the buyer purchases the home with the understanding that the seller chooses not to make any repairs or improvements.

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As-is Purchase and sale agreement Investor Closing costs 84

HomeLight

JUNE 9, 2023

The final sale hangs in the balance, waiting for certain conditions or “contingencies” to be met. The final sale hangs in the balance, waiting for certain conditions or “contingencies” to be met. As of 2023, 79% of contracts included an inspection contingency while 82% contained an appraisal contingency.

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Home sale contingency Inspection contingency Purchase and sale agreement Inspection 137

HomeLight

MARCH 16, 2023

Do you need to connect with cash home buyers in Houston for a fast sale? Whatever your reason for needing a quick sale without making expensive repairs, Houston is teeming with cash home buyers ready to make you an offer no matter your home’s condition. Need to Sell Your House Fast in Houston? No showings, no repairs, no open houses.

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Sales Purchase and sale agreement Earnest money deposit Investor 62

The Close

JUNE 4, 2024

Once a listing agreement is signed, you are responsible for listing the home for sale. Once a listing agreement is signed, you are responsible for listing the home for sale. Once a rate is agreed upon, both parties sign the listing agreement, which also acts as the compensation agreement.

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Agents Purchase and sale agreement Commercial Title 70

HomeLight

DECEMBER 13, 2021

Should you get an asbestos home inspection to find out more? There have also been standards established for inspecting and removing asbestos in schools. You’re worried about you and your family getting sick from potential exposure. Whether to test for asbestos is a thorny issue. Source: (KomootP / Shutterstock). Get Estimate.

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Inspection Purchase and sale agreement Renovation As-is 83

HomeLight

JULY 30, 2021

We’ve researched the ins and outs of rent-to-own homes , as well as talking to experienced real estate agents about how a renter and landlord can enter into such an agreement, the pros and cons of doing so, and just what it means for you as a buyer if you decide to rent-to-own. Can you really rent-to-own a house like you would a refrigerator?

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Purchase and sale agreement Debt-to-income ratio Pre-qualification Inspection 98

HomeLight

NOVEMBER 9, 2021

You just heard about short sales, and they sound intriguing. But it would be a mistake to think you’re automatically getting a deal with a short sale. Short sales fall into the category of “distressed” sales. Here’s when it’s good to buy a short sale house. First: What’s a short sale?

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Short sale Sales Purchase and sale agreement Banks 81

HomeLight

AUGUST 16, 2021

Between searching for, viewing, negotiating , inspecting, and possibly renegotiating on a home, the road to the closing table is rarely a short one. And if the house you’ve landed on is listed as a short sale, you could be in for a long ride. What exactly is a short sale? What exactly is a short sale?

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Short sale Sales Purchase and sale agreement Banks 101

HomeLight

APRIL 19, 2021

To go beyond a Google search and learn more about the realities of life as a landlord, we spoke with Jennifer Seeno Tucker , a top real estate agent and rental investor in Elmont , New York. Rather than selling when it’s time to upgrade their own home, many investors choose to keep their current house and start using it as a source of income.

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Investor Property Management Purchase and sale agreement Proof of funds 113

Realty Biz

JULY 19, 2022

This article might be premature because across most of the country home sales continue happening rapidly. Investors are looking at the current economic situation and anticipating that an even bigger spike in foreclosures is on the horizon. The REO sales process is much the same as any traditional sales process.

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Purchase and sale agreement Short sale Loans Inspection 101

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. Once you’ve seen what’s required, you can roll up your sleeves and get started with your FSBO sale in Colorado. Quick FSBO overview.

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Purchase and sale agreement Inspection MLS Inspection contingency 93

HomeLight

MARCH 31, 2022

Early 2022 data from Florida Realtors® indicates a 23% increase in median sales price and a 33.3% Early 2022 data from Florida Realtors® indicates a 23% increase in median sales price and a 33.3% Once you’ve seen what’s required, you can roll up your sleeves and get started with your FSBO sale in Florida. Quick FSBO overview.

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Purchase and sale agreement Inspection Title MLS 85

HomeLight

JUNE 13, 2022

You need to save up money for a down payment and closing costs (which are calculated as a portion of your purchase price), but home prices just keep going up — so when you finally reach your goal, you realize that the goalposts have moved, and the hill is even taller than you thought. You need to build or improve your credit. for an FHA loan.

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Purchase and sale agreement Loans Inspection Closing costs 104

HomeLight

AUGUST 24, 2022

Looking to connect with a Florida cash home buyer for a quick sale in the Sunshine State? In addition, 34% of Florida housing units are occupied by renters, so the state remains a hotspot for investor activity. A cash offer can lead to a speedier and lower hassle sale. Sell Your Home As-Is With a Competitive Cash Offer.

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Purchase and sale agreement Title search Proof of funds Title 100

Realty Biz

DECEMBER 2, 2020

Real estate purchases and investments are major life accomplishments. Hence, real estate buyers and investors must ensure that they’re bagging the best deal with real estate professionals’ help. Non-Disclosure Agreement (NDA) business concept. Businessman draw scheme representing Nondisclosure Agreement.

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Purchase and sale agreement MLS Inspection Investor 78

HomeLight

FEBRUARY 8, 2023

Instead, she says it’s best to price a home at the market value to attract more buyers, and then multiple bids could potentially drive up the ultimate sale price. DISCLAIMER: As a friendly reminder, this blog post is meant to be used for educational purposes only, not legal or financial advice. Looking to sell a home in New York State?

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Purchase and sale agreement Inspection Investor Agents 78

HomeLight

JANUARY 10, 2023

With such impressive sales figures, some sellers may be curious about how to sell a house by owner in California — a decision that could help them save on agent commissions. Often, the decision to go for sale by owner (or, “FSBO”) is motivated by a desire to save on agent commissions. Average time on market: 24 days (November 2022).

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Purchase and sale agreement Natural hazards disclosure Inspection Title 85

Realty Biz

SEPTEMBER 28, 2022

That is a main reason why most lenders require an inspection of the property before they lend the money. The appraiser will notice this form along with the purchase agreement. They will then request an inspection. What Kind Of Buyer Would Purchase A Home With A Leaky Roof As Is? Photo by Miguel Á.

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Purchase and sale agreement Inspection Investor Closing costs 75

Realty Biz

DECEMBER 19, 2023

Factors driving cash home buying in Milwaukee include the rise of real estate investment companies, the desire for quick sales, and the appeal of renovation opportunities. Milwaukee has emerged as a prime destination for cash home buyers in recent years, and it's not hard to see why.

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Purchase and sale agreement Finance Inspection Renovation 84

HomeLight

APRIL 28, 2023

When the time comes to move, some tenacious homeowners in Texas are eager to take over the reins of their home sale and figure out how to sell a house by owner. When the time comes to move, some tenacious homeowners in Texas are eager to take over the reins of their home sale and figure out how to sell a house by owner.

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Purchase and sale agreement Inspection Title Inspection contingency 72

Norada Real Estate

JUNE 22, 2022

But having said that, turnkey real estate investing does require a lot of research, planning, and hard work to make the purchase a sound investment. If you are a novice investor, you are bound to make some common mistakes that could lead to a serious downside in the turnkey property investing outcome.

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Purchase and sale agreement Inspection Property Management Title 94

The Close

AUGUST 9, 2022

If you want to work with investors, you need to know how to explain their complexities in plain English. The benefit of a 1031 exchange is that it defers the taxes that would normally be paid on the capital gains from the sale of a property. 9 Skills Agents Need to Work With Investors & Close 50-100 Deals a Year.

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Purchase and sale agreement Principal Investor Title 86

HomeLight

MAY 3, 2023

Depending on the price range of the home, I tell my clients that they need to be ready to spend 9%–10% of the sale price on selling costs, including the real estate agent commission and closing costs,” says Joanne McCoy , a top-selling real estate agent in Lincoln, Nebraska. Selling fee Typical % of sale price Real estate agent commission 5.8%

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Seller concession Purchase and sale agreement Inspection Title 108

HomeLight

FEBRUARY 14, 2022

These possibilities can be stipulated in the rent-to-own agreement — which is also sometimes referred to as lease-purchase, or a lease-option agreement. With a rent-to-own or a lease-purchase agreement, however, the tenant has already agreed to buy the home after a specified period. Currently accepting new clients.

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Purchase and sale agreement Due diligence Finance Equity 79

Realty Biz

FEBRUARY 1, 2024

Whether it's a first-time homebuyer or an experienced investor, a buyer's agent plays a crucial role in guiding clients through the complexities of the real estate market. They provide expert guidance, market insights, and negotiation skills to help them find and purchase a suitable property. Let's dig in!

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Agents Due diligence Purchase and sale agreement Inspection 69

HomeLight

JULY 13, 2023

Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. Request Offer Why you might need to sell your Delaware house fast As a homeowner in Delaware, you may find yourself needing to expedite the sale of your house for a number of reasons. With Simple Sale, you hold the reins.

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Purchase and sale agreement Sales Inspection Closing 71

HomeLight

MARCH 31, 2022

price increase , pushing median sale prices to upward of $350,000. With such impressive sales figures, some sellers may be curious about how to sell a house by owner in Arizona — a decision that could help them save on agent commissions. Median sales price: $449,900 (Feb. Disclaimer : HomeLight does not provide legal advice.

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Purchase and sale agreement Inspection MLS Inspection contingency 84

Realty Biz

JULY 31, 2023

Preparing the property for sale involves cleaning, decluttering, and making it presentable. It could be 30% or more if you sell to a real estate investor. Price it right: Determine a competitive and realistic asking price based on the condition of your house and comparable sales in the area.

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Purchase and sale agreement Investor Renovation Sales 80

HomeLight

JANUARY 25, 2021

House flippers usually purchase houses for cash as-is, saving homeowners the expense of making repairs that lenders might require, along with the stress of showing and staging the home. A traditional sale might be what you had in mind when you originally bought your home. Is the property damaged or are you facing a personal emergency?

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Purchase and sale agreement Investor Inspection Due diligence 100

HomeLight

OCTOBER 17, 2022

In most cases, unless you’re working with investors, it’s very wise to have one completed for the seller’s protection and for the benefit of a smoother transaction,” said Deborah Morton , a top-selling real estate agent in Acworth, Georgia, who sells properties 42% faster than the average agent in her area. “In What is a seller’s disclosure?

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Purchase and sale agreement Due diligence Earnest money deposit Inspection 87

HomeLight

DECEMBER 23, 2021

However, if your property is occupied, you need to be aware of a tenant’s rights when a house is for sale as they pertain to your area, as well as the specific terms of your lease agreement. How does the eviction moratorium affect a possible sale? Information in this blog post is meant to be used for educational purposes only.

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Purchase and sale agreement Sales Investor As-is 111

CT Homes

JUNE 7, 2021

Arguably One of the bigger obstacles investors face when selling a tenant-occupied home is appealing to a smaller pool of buyers. Keep in mind that this may cause the property to sit on the market for longer than expected as there’s a smaller number of buyers in the market willing to purchase a property with tenants in place.

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Purchase and sale agreement Inspection Investor Staging 76