Realty Biz

MARCH 17, 2021

You aren’t just there to search the MLS. Know what must happen in order to close, or you won’t make the sale. Explain the difference between pre-qualified and pre-approved. Too many people get a pre-qualification letter from their bank and think that this means they can close on the property.

Pre-approval 101

Pre-approval Pre-qualification Agents Homeowner’s association 101

HomeLight

AUGUST 16, 2021

REOs for short, these kinds of sales expose buyers to a lot of potential risk. But they also provide a lot of opportunity for big return on investment, too — much bigger, and faster, than you might expect with many traditional sales. What is an REO sale? In the market for a “ real estate owned” property ? Source: (Andre W.

Banks 104

Banks Pre-qualification Investor Short sale 104

Realty Biz

JANUARY 12, 2021

Today, traditional investing involves finding available properties on the internet-based MLS (multiple listing system). It also requires qualifying for a bank loan based on passing a set of rigid qualification standards. It means proving you are pre-qualified for a loan before you know what house you might buy.

Purchase and sale agreement 70

Purchase and sale agreement Pre-qualification Pre-approval MLS 70

HomeLight

DECEMBER 15, 2021

We’ve heard the stories about people who managed to make an offer on a house before it officially went up for sale, beating out all the other would-be buyers and scoring the home of their dreams. But if you don’t know how to buy a house before it’s listed on the MLS (multiple listing service), then you’ll miss out on this chance.

MLS 86

MLS Pre-qualification Purchase and sale agreement Agents 86

HomeLight

OCTOBER 5, 2020

As fate would have it, right when you’re ready to start seriously searching for a home to buy, your dream house is listed for sale as a short sale. If you don’t know about short sale requirements for buyers, you might feel like you’re out of luck. Short sales are rarer in the housing market nowadays.

Short sale 77

Short sale Sales Pre-approval Pre-qualification 77

HomeLight

APRIL 30, 2022

and the questions about how to even find a house (do you have to wait until it’s been listed on the MLS, or is there a better way?) — you’re already overwhelmed. Many buyers feel comfortable searching the multiple listing service (MLS) online by way of well-known sites and apps, such as realtor.com, Zillow, and Trulia. Realtor.com.

Closing 87

Closing MLS Pre-qualification Due diligence 87

HomeLight

APRIL 26, 2023

When the time comes to move, some tenacious homeowners are eager to take over the reins of their home sale and figure out how to sell a house by owner in Alabama. With millions of homes sold each year, a modest portion of sellers — about 7% in 2021 and 10% in 2022 — choose to list “For Sale By Owner” (or FSBO — pronounced fizz-bow).

MLS 68

MLS Agents Sales Proof of funds 68