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9 Proven Strategies to Find Hidden Listing Inventory in 2022

The Close

Well, there are some top-producing agents out there who know of homeowners who might sell “if they got the right price” and other homeowners who are still getting ready to list, but don’t have their homes listed on the market yet. Begin with an MLS search of the past 12 months’ sales in the area your client is looking. Nothing else.

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How to Determine if Rent-to-Own or a Mortgage is Best for You

Realty Biz

Rent-to-own is a contract between the homeowner and the buyer that sets aside a certain percentage of rent towards an agreed-upon home purchase price. Under these agreements, the buyer pays a slightly higher-than-average rental price as well as a one-time option fee between 3% and 7% of the total home price. Mortgage Pros and Cons.

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How Fast Can I Sell My House? It Can Take 75 Days or 12

HomeLight

The recent housing market has been hot and competitive due to an extreme lack of inventory. For a seller in a hurry, the shortage of homes means you can anticipate fewer days on market (DOM). The Simple Sale process frees you of the hassle of staging your home and jumping through hoops for the buyer’s lender. Listing price.

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How Long it Takes to Close on a House

Realty Biz

In most Real estate markets, the average time to close on a house from start to finish is 45-60 days. So when you add that to the time it takes for a buyer to purchase a house, sellers can fairly easily vacate their properties in under 3 months. Credit Unions and large banks sometimes take a bit longer than other mortgage lenders.

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Go-To Experts: Kris Lindahl Talks About the COVID-19 Wolf At the Door

Realty Biz

Meanwhile, negotiations over a new stimulus package have yet to culminate in an agreement. Property owners impacted by the COVID-19 housing crisis are struggling to pay mortgages, and the imminent risk of foreclosure and bankruptcy looms large over the industry. Ironically, the housing market seems resilient. About Kris Lindahl.

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Appraisal Definition: How Your Home Value is Determined and Why

HomeLight

Any additional information the appraiser used in the appraisal process, including market sales data, public land records, or tax records. According to Benson, homeowners sometimes contact her directly for an appraisal if they need to know how to price their home, if they’re getting ready to retire, or if they’re declaring bankruptcy.

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17 Home Closing Delays and How You Can Avoid Them

HomeLight

There’s a house for sale that you want to buy. For most buyers, financing a home through a bank or lender with a mortgage loan is necessary to purchase the property. Because the entire sale hinges on securing this loan, it is a top criteria for closing, and it’s also the most common reason for a delay in the closing process.

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