HomeLight

AUGUST 31, 2020

You may have heard that short sales, foreclosures, or bank-owned properties offer great opportunities for a steal , but what do these different terms mean, and how does the homebuying transaction work for each? What’s the difference between buying a short sale vs. a foreclosure, and where can the best deals be had?

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Short sale Sales Banks Inspection 88

HomeLight

NOVEMBER 1, 2021

If you’re selling your home in a hot market rampant with bidding wars that drive up the purchase offers on home sales, you may realize that your home is unlikely to appraise for the inflated purchase offer or even for your asking price. An inventory shortage — there are fewer homes for sale than there are home buyers, creating bidding wars.

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Purchase and sale agreement Proof of funds Backup offer Finance 91

RIS Media

JANUARY 14, 2022

At press time, that number set a record as the most expensive sale in the history of Miami real estate. She credits her Managing Broker, Odalys “Ody” Sierra, and the strategic luxury marketing approach of BHHS for making the sale happen. We recently had the opportunity to discuss this historic sale with Sierra.

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Purchase and sale agreement Marketing Proof of funds MLS 98

Lab Coat Agents

MARCH 4, 2022

See attached chart: Note that the last 2 years have seen the highest number of sales EVER in these 6 counties in the GSMLS – scratching my head and wondering why anyone is saying there are no houses to sell? The key is learning to identify limiting beliefs in order to overcome them. Do you lead gen every day? But what if you CAN win?

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Proof of funds Inspection Loans Loan Officer 98

Point2Homes

SEPTEMBER 30, 2021

Real estate transactions often feature contingency clauses that allow both parties to back out of the sale under the circumstances stipulated in the contract. One common type you’ll encounter is a sale and settlement contingency. Signs of potential delays, scams or suspicious offers should all raise red flags.

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Pre-approval Proof of funds Inspection contingency Due diligence 98

RIS Media

OCTOBER 22, 2020

As the real estate market continues its hot streak, homes are selling faster and receiving more offers than ever before. With listings receiving multiple offers, you have to make your client’s offer be the one that stands out. Finding Homes for Your Clients. Do not write an offer on a home that your client is not interested in.

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Earnest money deposit Pre-approval Marketing Proof of funds 121

Dwell Real Estate

JANUARY 30, 2020

When an offer is submitted, seller's prefer to see proof of funds and/or a pre-qualification letter to be sure they are dealing with a qualified buyer. Submitting the proof of funds or pre-qualification letter with the offer makes you a stronger buyer in the eyes of the seller. Season is officially upon us.

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Pre-qualification Proof of funds Earnest money deposit Inspection 52

HomeLight

APRIL 5, 2024

If you’re a homeowner in Oklahoma seeking a fast sale without the burden of listing on the open market, connecting with a cash buyer could be the stress-free solution you’re looking for. In this guide, we’ll explain how to find and sell to Oklahoma cash home buyers and walk you through the entire cash sale process, step-by-step.

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Proof of funds Sales Due diligence Investor 93

HomeLight

JUNE 29, 2021

Your sale is more likely to close and close faster with a cash offer than with an offer that hinges on a mortgage approval. While all-cash offers used to be relatively rare, they now make up 25% of all home sales. This means that the buyer has the funds to purchase the home in full. OK, but what exactly is a cash offer?

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Inspection contingency Proof of funds Inspection Pre-approval 57

The Close

FEBRUARY 14, 2024

So, let’s turn up the brightness and shed some light on the real estate industry. Setting the Right Expectations Myth #1: Going With the First Buyer Is Rarely the Best Choice After navigating hundreds of real estate deals, I can confidently say that your first offer is nearly always the best. This is one of the top blunders your sellers could make.

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Pre-approval Earnest money deposit MLS Renovation 98

HomeLight

JULY 31, 2020

To be clear, an all-cash offer means you won’t be getting a mortgage loan for any portion of the sale. The sales contingency : A sales contingency means your current house must sell before you close on this new house. This is the opposite of liquidity, so usually all-cash offers do not contain a sales contingency.

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Purchase and sale agreement Inspection contingency Proof of funds Finance 97

HomeLight

SEPTEMBER 9, 2020

Once you’ve figured out where the money is coming from, it will be easier to take the next step: getting proof that you have the cash. Obtain proof of funds from the bank. Providing a proof-of-funds letter is more secure than forking over a bank statement, which contains sensitive information. Find your house.

Inspection contingency 101

Inspection contingency Proof of funds Inspection Title 101

CT Homes

OCTOBER 30, 2020

If you are not experienced in sales it is easy to get tempted into moving forward with the first offer that comes your way. If they are offering cash make sure they submit an updated proof of funds letter. Sales contracts are different in every state. Throughout the country real estate is exploding.

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Earnest money deposit Inspection Proof of funds Due diligence 78

HomeLight

FEBRUARY 28, 2022

Whatever the case, a We Buy Houses for Cash company could be the best solution if you’re looking for a quick and easy sale. HomeLight’s Simple Sale platform provides full cash offers for homes in almost any condition nationwide and in Colorado. Get an All-Cash Offer on Your Colorado Home. No repairs, no staging, no open houses.

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Closing costs Closing Sales Staging 77

Realty Biz

SEPTEMBER 28, 2022

They must ensure that they can recover any lost funds if the borrower fails to repay them. If a seller wants to sell their house for the top dollar, they may want to consider fixing their home before putting it on sale. You can sell a home that needs a new roof if you’re willing to make repairs. Photo by Miguel Á.

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Purchase and sale agreement Inspection Investor Closing costs 81

HomeLight

APRIL 14, 2023

Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. Disclaimer: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Perhaps you need to sell a home quickly to move for a new job opportunity. You receive a firm offer.

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Purchase and sale agreement Closing costs Closing Sales 84

Redfin

JULY 30, 2021

For any home seller, the reasons you’re listing your home for sale depend on your needs. And choosing the right way to sell is critical to have the easiest home sale possible. But if you’re looking to sell your property quickly, you may want to consider selling your house for cash. What is a cash offer? House flippers.

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Proof of funds Equity Finance Investor 62

Kyle Handy

MAY 3, 2023

A real estate agent business plan is essential for success in today’s competitive market. It helps you set clear goals, define your vision, and outline the steps to achieve short-term and long-term objectives. Begin by identifying your ideal client. Reflect on your strengths as an agent and which clients you connect best with.

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Development Design Industrial Agents 68

HomeLight

JUNE 7, 2022

Go with the turn time that the lender states and then add an extra day to it, just to be safe,” says Richie Helali, a mortgage sales leader with HomeLight Home Loans who gave us the inside scoop on how long a mortgage preapproval really takes. followed closely by “What do I need to do to apply for a mortgage?”. Types of preapproval.

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Mortgages Loans Lending Proof of funds 95

HomeLight

JUNE 14, 2023

Each escalation clause can look different, with some having caps, and others asking for proof of higher offers. Each escalation clause can look different, with some having caps, and others asking for proof of higher offers. As a buyer, you may have your heart set on that dream home, only to face the disappointment of being outbid.

Finance 67

Finance Agents Proof of funds As-is 67

HomeLight

MARCH 13, 2023

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. Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready.

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Sales Investor Due diligence Renovation 79

HomeLight

AUGUST 31, 2021

A divorce, job move, or low bank account can all be strong motivators to go for the speed and convenience of a cash sale. Ask for proof of funds: You should always obtain documentation that a person or company is who they say they are and actually has the funds and abilities to complete a transaction of this size.

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Proof of funds Investor Due diligence Closing 144

HomeLight

MARCH 13, 2023

Do you need to connect with cash home buyers in Austin for a fast sale? With so many people relocating to the Texas state capitol, there’s a need for housing – and there are plenty of cash home buyers in Austin to help sellers who need a quick sale. Well, you’re in luck. 2 fastest-growing U.S. city in 2022. High interest rates.

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Sales Investor House Flipping Pre-approval 69

HomeLight

JUNE 19, 2023

Get Started Step 1: Find the land for sale You won’t always be lucky enough to drive past a plot of land that’s the perfect investment opportunity for you. LandWatch is a free online resource you can use to search for rural properties and land for sale. It’s a plot of land. This isn’t the Land Rush of 1889. What are zoning laws?

Land 107

Land Proof of funds Purchase and sale agreement Title 107

HomeLight

AUGUST 24, 2022

Looking to connect with a Florida cash home buyer for a quick sale in the Sunshine State? HomeLight’s Simple Sale platform provides all-cash offers, giving clients a fast, stress-free home selling experience without having to worry about additional repairs or prep work and with no additional fees, commissions, or upfront costs.

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Purchase and sale agreement Title search Proof of funds Title 104

HomeLight

SEPTEMBER 16, 2021

Handle any unique requirements of the sale. Below are some of the most common and effective ways to find one: Use Simple Sale. HomeLight’s Simple Sale platform makes it easy and safe to get a competitive cash offer in a matter of days. Pass the home inspection. Clear title. Review and sign the closing documents.

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Title Inspection Proof of funds Investor 99

HomeLight

JUNE 28, 2022

With the amount of money involved in a home sale, is it any wonder? In this article, we’ll walk you through the most common home buying scams, their warning signs, and how to make sure the money from your home sale stays in your pocket. Wire transfer scams could send your money to the wrong account, never to be seen again.

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Proof of funds Investor Title Agents 86

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 65

HomeLight

OCTOBER 20, 2022

For Sale By Owner (FSBO). Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes. Original sales contract. Contact your lender to get this document to help calculate net proceeds from the sale of your home.

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Purchase and sale agreement Pre-approval Inspection MLS 100

RIS Media

FEBRUARY 14, 2022

She also explained how a listing like this differs from a typical home sale and offered advice to agents looking to break into the luxury real estate market. The buyer’s agents should really be doing proper vetting and making sure they have proof of funds so you’re not wasting everyone’s time by doing a showing.

Proof of funds 98

Proof of funds Marketing Agents As-is 98

HomeLight

FEBRUARY 16, 2023

Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. They usually present a take-it-or-leave-it sale price. If you accept the offer, you’ll both sign a sales contract. With a signed sales agreement, the closing process will begin. You receive a firm offer.

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Purchase and sale agreement Closing costs Closing Investor 80

HomeLight

FEBRUARY 3, 2022

No strangers traipsing through your home office, no lengthy or expensive roof repairs holding up the sale. This eliminates the processing of a buyer’s loan and home appraisal, which are typically the two most time-consuming steps in the home sale process. The stress of selling a house is enough to make anyone feel overwhelmed.

Pre-approval 98

Pre-approval Staging Agents Proof of funds 98

HomeLight

JANUARY 5, 2022

Find an Agent to Coordinate a Sale Among Friends. Not all states require you to hire a real estate attorney to buy or sell real estate, but it’s almost always advisable to get legal representation in a sale among parties with a pre-existing relationship. This place is gorgeous! If you ever decide to sell, please let me know.”.

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Pre-approval Purchase and sale agreement Title search Title 104

HomeLight

OCTOBER 11, 2022

When the time comes to move, some tenacious homeowners in Iowa are eager to take over the reins of their home sale and figure out how to sell a house by owner. With millions of homes sold each year, a modest portion of sellers — about 7%-8% , historically — choose to list “For Sale By Owner” or FSBO (pronounced fizz-bow). Get Estimate.

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MLS Purchase and sale agreement Pre-approval Agents 96

HomeLight

DECEMBER 14, 2021

Avoid prep work, staging, and the hassle of showings and go straight to getting a cash offer from HomeLight’s Simple Sale platform. HomeLight offers iBuying services through our Simple Sale platform. If you’d prefer not to market your home, try requesting a cash offer from Simple Sale. Is there any way to avoid showings?

Staging 77

Staging Agents Proof of funds Pre-approval 77

HomeLight

JULY 31, 2021

To do that, you’re looking to work with a legitimate buyer who sees value in your home and is able (and willing) to front the funds for it, allowing you to get cash out of your home quickly and ideally at a decent value. What you have is a house. What you need is cash. If only there were a way to — poof! Source: (REX WAY/Unsplash).

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Earnest money deposit Inspection Proof of funds Inspection contingency 98

HomeLight

APRIL 26, 2023

When the time comes to move, some tenacious homeowners are eager to take over the reins of their home sale and figure out how to sell a house by owner in Alabama. With millions of homes sold each year, a modest portion of sellers — about 7% in 2021 and 10% in 2022 — choose to list “For Sale By Owner” (or FSBO — pronounced fizz-bow).

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MLS Agents Sales Proof of funds 67