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Tempted by Those ‘We Buy Houses’ Ads? Weigh the Pros and Cons

HomeLight

We buy houses” companies are flippers who purchase properties “as is” for cash and renovate them, generating a profit at resale. We buy houses” operations are cash buyers or house buying companies that purchase homes directly from homeowners. Need a quick sale? But no one wants to be taken advantage of, conned, or ripped off. “We

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Everything You Need to Know About Making an Offer: 15 Tips for Homebuyers

HomeLight

The seller will either accept your offer (in which case it becomes your purchase agreement ), or will counter your offer (you can accept or counter again), or the seller could also flatly decline. No sales contingency? Make sure your agent stresses that your offer doesn’t contain a sales contingency.

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I Want to Buy a House in 2021. How Much Should I Offer Over the Asking Price?

HomeLight

Home sales have skyrocketed, and home inventory is historically low. Ask your agent specifically about list-to-sales-price for those comps — how much the house was listed for and how much it actually sold for in the end. Remember, if you’re financing the purchase, you might not be able to eliminate some contingencies.