HomeLight

OCTOBER 20, 2022

Preliminary title report. Doing a title search before you put your home on the market alerts you about any pending taxes, restrictions, or liens on the property that you’ll have to clear before selling. The title company or closing agent will generate this document , which calculates your net proceeds. 1099-S tax form.

Purchase and sale agreement

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! Value-add’.

Earnest money deposit

HomeLight

APRIL 30, 2021

If you’re using cash, you’ll have to show proof of funds with your offer. Then it’s a matter of completing your due diligence: clearing the home’s title , getting a home inspection , confirming the home’s price (through an independent appraisal, if you choose), and closing the transaction. First-time buyers.

Due diligence

HomeLight

SEPTEMBER 16, 2021

You know your home’s worth and you’re ready to search for a qualified cash buyer. With Simple Sale , you avoid the costs of commissions and repairs — and collect your funds in as 10 days. Check on the value of your home. However, cash offers historically tend to be lower than financed offers. Find a cash buyer and request an offer.

Title

HomeLight

JUNE 7, 2022

Preapproval matters because it tells you how much a lender is willing to lend you which dictates a budget for your home search. If this is your first time going through the process — or even if it’s been awhile — the first question on your mind is probably “How long will it take to get preapproved for a mortgage?” Types of preapproval.

Mortgages

HomeLight

MARCH 13, 2023

Looking for cash home buyers in Orlando? Perhaps your Metro West resort-style condo isn’t bringing in the revenue you expected as a vacation rental and you don’t want to invest more money to list it on the market. Need to Sell Your House Fast in Orlando? Receive your offer within a week and close in as little as 10 days. million people by 2030.

Sales

HomeLight

FEBRUARY 28, 2022

Maybe you’ve just accepted a job offer in Salt Lake City and are looking for a quick, low-hassle way to sell your Fort Collins home during the winter. Or perhaps you’ve inherited your late parents’ Denver bungalow and want to sell it “ as-is.”. Get an offer in as few as 48 hours and close in as little as 10 days. Request Offer.

Closing costs

Marco Santarelli

AUGUST 16, 2024

Factor in down payment, closing costs, renovation expenses, and a reserve fund for unexpected repairs. The allure of real estate investment is undeniable. It's a tangible asset with the potential for appreciation, passive income, and long-term financial security. Fear not, intrepid investor!

Due diligence

HomeLight

MARCH 16, 2023

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? Receive your offer within a week and close in as little as 10 days. No showings, no repairs, no open houses.

Sales

HomeLight

APRIL 14, 2023

Disclaimer: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of Central Florida area “we buy houses” companies should not be considered an endorsement. HomeLight always recommends doing your own research to determine which selling option is best for your situation.

Purchase and sale agreement

HomeLight

FEBRUARY 16, 2023

Disclaimer: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of Davenport area “we buy houses” companies should not be considered an endorsement. HomeLight always recommends doing your own research to determine which selling option is best for your situation.

Purchase and sale agreement

Redfin

AUGUST 29, 2024

As interest rates are dropping , now may be the time to buy a house. From dreaming about your future home and what neighborhood you want to call home to touring properties and finally moving in, there’s a lot of excitement about beginning the homebuying process. Long-term goals Do you plan to live in an area for at least five years?

Earnest money deposit

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. In recent years, the hot South Carolina real estate market and a steep rise in equity added extra incentive to maximize profits.

Purchase and sale agreement

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

The Close

JULY 25, 2024

Are you ready to become a master of the art of writing compelling home offer letters as a buyer’s real estate agent? It’s all about bringing the buyer’s offer to life, capturing the seller’s attention, and opening the door to negotiations. I’ll let you answer that question yourself.

Earnest money deposit

The Close

DECEMBER 29, 2022

And now we present the 131 real estate terms you need to know—and be able to define for clients—in 2023: 1031 Exchange. This tool, also known as a like-kind exchange, allows investors to defer paying capital gains taxes on a sale. The catch is that they must sell one property and buy a similar one within a set time frame. Active contingent.

Purchase and sale agreement