article thumbnail

What Is a Pre-Listing Inspection?

Windemere Buying

As you search for a home , you’ll likely come across the term “pre-listing inspection” here and there. Let’s take a deep dive on the pre-listing inspection, how it factors into making an offer on a home and unravel why some sellers choose to conduct it. What is a pre-listing inspection? Talk to your agent for more information.

article thumbnail

13 Steps to Buying a Bank-Owned Foreclosure

HomeLight

If that’s you, you may have heard that one path to a deal is buying a bank-owned foreclosure. There are pros and cons to consider when going this route, however, such as the fact that bank-owned properties often need more TLC than other homes on the market, and many are sold as-is. What’s a bank-owned foreclosure?

Banks 79
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to negotiate your home purchase offer

Housing Wire

Get pre-approved to show you mean business: Consider obtaining a pre-approval for a mortgage from a lender by the time you reach the offer stage, as this document can play a key role in the negotiation process. While a home inspection is a valuable way to get to know your new potential home, it can also be used as a negotiation tool.

article thumbnail

How to Stage a House: A Room by Room Guide

Redfin

That’s where staging comes in. Home staging is a proven way to get more buyers interested and help you meet or exceed your asking price. So what exactly is home staging, what’s the return on investment, and how effective can it be? How staging a house affects sale price . How staging a house affects sale price .

Staging 80
article thumbnail

How Do I Find an REO Buyer’s Agent Who Knows Bank-Owned Home Sales?

HomeLight

A “real estate owned,” or REO, home is one that’s owned by a bank. The owner either forfeited it to the bank, or the house went to foreclosure auction and the house didn’t sell. Whatever the case, now the house belongs to the bank. Buying a bank-owned home isn’t the same as buying a house from a private homeowner.

Banks 85
article thumbnail

A Comprehensive Guide to Finding the Best Foreclosures in Your Area

Realty Biz

Auctions: Properties not sold in the pre-foreclosure stage go to auction. Auctions often offer the best discounts but also carry the highest risk, as you usually cannot inspect the property beforehand. REOs: If a property does not sell at auction, it becomes a real estate-owned property, owned by the bank or lender.

article thumbnail

5 best Arizona real estate schools for 2024

Housing Wire

Includes current issues and trends in AZ real estate & property inspection issues CE Sales Package #1 with Ethics: 12 of the 24 required hrs of coursework (9 mandatory & 3 general hrs). out of 5 stars Rating: 4.5 out of 5. out of 5 stars Rating: 4.5 Post-Licensing CE $35 CE General Package: Required 6 hrs of coursework.

HR 329