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16 Tips to Win a Bidding War on a House

The Close

Ensure Your Client Has Loan Pre-approval Many sellers are anxious to get to the closing table quickly, which drives many to cash buyers , even for a lower price. Also, understand the difference between a prequalifying and a pre-approval letter. They thought I was a genius—which, of course, I am.

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What Happens After Making an Offer on a House?

Windemere Buying

The seller rejects your offer: If a seller rejects your offer, your agent may be able to relay information from the listing agent as to why it was insufficient. The seller makes a counteroffer: Counteroffers can make buying a home feel like a chess match. This is an indication that your offer has piqued the seller’s interest.

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How to Avoid a Delayed Closing: 7 Common Roadblocks to Be Aware of

Redfin

From appraisal issues to home inspection roadblocks, there’s a lot that can go awry before finally closing on your property. 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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Buyer’s Market vs Seller’s Market: What’s the Difference?

The Close

In real estate, the market is tied to the basic economic rule of supply and demand, which determines if a market is a buyer’s market vs seller’s market. I’ll help you identify “ Is it a buyer’s or a seller’s market?” I’ll help you identify “ Is it a buyer’s or a seller’s market?” What Is a Seller’s Market?

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Vital Steps to Take When Purchasing Your First Home

Realty Biz

This documentation will be necessary when applying for a mortgage pre-approval. This documentation will be necessary when applying for a mortgage pre-approval. It's advisable to reach out to multiple lenders and obtain pre-approval. By following these steps, you can easily navigate the real estate market.

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What to Know About Selling Your Home in Houston, Texas

HomeLight

Fear of the unknown can cause home sellers a high level of anxiety, especially when the housing market is in flux. Are you looking to sell your home in Houston? Knowing what to expect can help you to craft a solid plan and take confident steps forward when listing and selling your home in the Houston market. Years of Experience. Transactions.

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What Is the Cost to Sell a House in Chicago?

HomeLight

This is a positive indicator for home sellers. The average DOM in Chicago suggests a stable market for buyers and sellers. If you sell your home for the median home sold price in Chicago of $365,000, your seller costs might be around $52,689. What are common expenses for home sellers in Chicago? Seller concessions.