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10 Things to Know About the ‘Sale Pending’ Phase, aka House Closing Limbo

HomeLight

You can put so much effort into prepping your house for sale that you forget what happens after you receive an offer. Putting your John Hancock on a home sale contract might feel like the completion of a major financial deal, but it’s actually just the beginning of the home sale process. What does “sale pending” mean?

Closing 105
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5 Reasons Not to Skip a Home Inspection

RIS Media

HomeTeam Inspection Service of Kentuckiana Owner Brad Lawler explains why potential buyers should never skip a home inspection, even when housing inventory is scarce. “Waiving an inspection can open a buyer up to unforeseen costs down the road that could have otherwise been avoided.” ” 2. .”

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Porch acquires mortgage software firm Floify for $90M

Housing Wire

The firm announced Wednesday that it has acquired Denver-based digital mortgage automation and point-of-sales software company Floify. million in cash and $10 million of Porch’s common stock at closing, according to a press release. Floify’s brand will remain intact and its 47 employees will not be forced to relocate.

Mortgages 405
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Ask Brian: What Should I do About the Problems Found With the Home Inspection?

Realty Biz

Three weeks ago, my full price offer on a 22-year-old house was accepted with a contingency for a home inspection. I’m pleased that the deal is moving quickly, and I receive the inspection report a couple of days ago. However, the inspection identified 28 issues that might need attention. Negotiate a new price.

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Sundae raises $36 million in Series B funding

Housing Wire

Residential real estate marketplace Sundae has announced it closed $36 million in Series B funding on Tuesday, led by QED Investors and with additional participation from Founders Fund , Susa Ventures , Navitas Capital , Prudence Holdings and General Global Capital. million in Series A funding this June. “Our

Investor 372
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Tips and Strategies For a Successful Spring Home Sale

Realty Biz

Repaint high-traffic areas like kitchens or hallways using neutral colors; touch up doors and trims where necessary to make them look brand new. According to Zillow, houses listed for sale in the first half of May sell six days faster than average. Set a competitive price using current market trends by analyzing recent sales data.

Sales 108
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Savvy real estate agents look beyond ChatGPT

Housing Wire

Job functions most likely to be impacted include sales, marketing and software engineering. Given that sales and marketing are key areas for real estate agents, generative AI will increase the probability of agents winning listings. They concluded that AI has the potential to deliver an economic benefit of $6.1 trillion to $7.9

Agents 370