The Close

DECEMBER 27, 2022

Preforeclosure and short sales are more common. Even a few bank-owned homes are starting to show up in the MLS. These are early-stage distressed homeowners, because it typically takes nine months to a year for a bank to foreclose on a home, clean the title, and place it back on the market. Move forward with caution.

Investor 95

Investor Staging Marketing Banks 95

HomeLight

DECEMBER 2, 2021

One of them is a short sale. The process is complicated and confusing, often leaving a worrisome question in its wake: How long does a short sale stay on your credit? What is a short sale? Typically, it’s best to list it at market value to recoup as much money as possible. The process. The timeline.

Short sale 87

Short sale Sales Loans Banks 87

HomeLight

MAY 23, 2022

Median sales price in North Carolina. Average days on market for North Carolina. 23 days (from listing to contract). MLS has field to mark a listing “as is”? 359,600 (April 2022). Disclosures. Is a real estate attorney required? Whether the house is subject to regulation by a homeowners’ association.

As-is 90

As-is Purchase and sale agreement VA loan Inspection 90