CT Homes

FEBRUARY 3, 2022

A defining term that emerged shortly after the collapse was the “short sale”. In the years following, short sales were the driving force behind a majority of all total real estate transactions. But what is the short sale process and how does it work? . What is a Short Sale?

Short sale 52

Short sale Sales Pre-approval Principal 52

HomeLight

JULY 31, 2020

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. Homeowners insurance not secured. Short sale. How it can delay closing.

Closing 109

Closing Purchase and sale agreement Title search Earnest money deposit 109

The Close

DECEMBER 27, 2022

Foreclosure filings begin to increase as financially distressed homeowners no longer have the option to refinance and access their equity, and the tighter market gives them few options to sell or downsize. Preforeclosure and short sales are more common. So they hold out and try to find ways to keep their homes.

Investor 102

Investor Staging Marketing Banks 102

HomeLight

MAY 23, 2022

North Carolina state law requires sellers to disclose material facts about the property through the Residential Property and Owners’ Association Disclosure Statement. Whether the house is subject to regulation by a homeowners’ association. Average days on market for North Carolina. 23 days (from listing to contract). Exceptions.

As-is 84

As-is Purchase and sale agreement VA loan Inspection 84

HomeLight

MAY 24, 2022

Mortgage interest is tax-deductible , and many homeowners appreciate the deduction. While this typically takes just a few days, if the home has been through a foreclosure or short sale, it could take longer. The sale can’t close until these liens have been cleared. Bankruptcy. Why pay cash for a home?

Purchase and sale agreement 103

Purchase and sale agreement Closing Title search Title 103

HomeLight

JULY 31, 2021

Reports from the National Association of Realtors show that nearly a quarter of existing home sales were made with all-cash in the spring of 2021 — but how do you go about finding your cash buyer? Whether that fee is paid directly from the homeowner or from the cash buyer, it will still result in less money in the seller’s pocket.”.

Earnest money deposit 98

Earnest money deposit Inspection Proof of funds Inspection contingency 98