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

Realty Biz

According to the Mortgage Bankers Association , just under four million American homeowners are in forbearance. Meanwhile, negotiations over a new stimulus package have yet to culminate in an agreement. Realty Biz News: So many people in the industry are talking about how a new stimulus package to help homeowners is much needed.

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Appraisal Definition: How Your Home Value is Determined and Why

HomeLight

Many homeowners assume an appraisal is the report or form that states what the home is worth, as you can see from the definitions above, an appraisal is also the process of evaluation. Any additional information the appraiser used in the appraisal process, including market sales data, public land records, or tax records.

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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. In the February 2020 Realtors Confidence Index survey by the National Association of Realtors, 77% of real estate agents responded that contracts closed on time, and 19% reported delays but eventually closed; 4% of contracts were terminated. The appraisal is lower than the purchase price.

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

HomeLight

If you need to move even more swiftly than that, selling to an online direct buyer through a platform like HomeLight’s Simple Sale could take as little as 10 days. The Simple Sale process frees you of the hassle of staging your home and jumping through hoops for the buyer’s lender. Direct Buyer (Simple Sale). Traditional Sale.

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What is a Seller’s Disclosure? Here’s Why It’s Important

Redfin

Whether you’re about to purchase a new condo or sell your current home , there is a lot to learn and paperwork to sign. This is only the case if the seller made the buyer fully aware of all home defects before the completed purchase. How a seller’s disclosure can impact a home sale. When should a seller provide the disclosure?

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Should I Get an Online Quote to Sell My House?

HomeLight

If you are thinking about selling your home, those low-hassle, convenient, fast-sale pitches may pique your interest. You may be curious about getting an online quote for the sale of your home. These buyers will provide an online quote to purchase your home—often sight-unseen. Like you, they thought there had to be a catch.

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

Redfin

You’ll want to rethink purchasing that beautiful new couch and hold off on planning those backyard additions before the title has been cleared. Unless you’re submitting an all-cash offer, you’ll need to obtain financing to purchase your home. The home appraisal is lower than the sale price. Financing issues.

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