Remove Brokerage Remove Closing costs Remove Pre-approval Remove Sales
article thumbnail

How to Make an Offer on a House

Redfin

During your search, you may also find houses for sale by the owner (FSBO) or many more listed with a real estate brokerage. First, you’ll need a lender’s pre-approval for a mortgage to know the price range you can afford on a house. a copy of your pre-approval letter from your lender .

article thumbnail

Starting from Scratch: What to Do When Your Real Estate Listing Agreement Expires

HomeLight

When you signed the listing contract to put your house on the market, you had high hopes for a quick sale. We’ll fill you in on what obligation (if any) you have to your agent and what your options are to complete the sale. says his brokerage prefers 120-day contracts (approximately four months). Knoxville, Tenn.

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 Apply For a First-Time Home Buyers Loan: Simplifying the Process Into 8 Doable Steps

HomeLight

Sometimes you’ll even find grants to help you with closing costs and down payments. Source: (LinkedIn Sales Solutions / Unsplash). Our America’s Home Grant program offers credits for closing costs, and Our Down Payment Grant covers down payments. Sound great? Sure it does! Step 1: Make sure you qualify.

Loans 93
article thumbnail

8 Surprising Lessons a Real Estate Editor Learned Buying Her First House

Realtor.com

Finally, another Cape Cod came up for sale in a town we both loved, where we had been renting an apartment until we found our house. I found an online brokerage, with no physical locations, that was offering lower rates with no points required, so I applied. Don’t move money around, close bank accounts—or buy a new iPhone.

article thumbnail

How to Compete With Cash Offers: 10 Ways to Write Winning Offers

The Close

Instead of offering $440,000 and waiting through the weekend, structure the offer so the sales price is $420,000, but if the seller accepts the offer within the next four hours, the sales price will be $440,000. Bidding wars are causing sales prices to rise far beyond what we as agents or appraisers can realistically justify.

Rent back 105
article thumbnail

How to Find Short Sale Homes: A Guide for Buyers

HomeLight

Short sales can provide an excellent opportunity for potential homebuyers to score a good deal. If you’re in the market to buy a short sale home, you’ll need to prepare for a lengthy closing process and steel yourself to jump through some hoops not generally associated with traditional sales. What is a short sale?

article thumbnail

13 Short Sale Tips So You Get a Dream Deal, Not a Nightmare Scenario

HomeLight

You may have heard a little bit about short sales — enough to know that this type of real estate listing can present some opportunities to get a good deal. But while short sales offer potential opportunities , they come with plenty of potential pitfalls as well. Know if a short sale is the best option for you. And that’s true!