Realty Biz

MARCH 14, 2021

So-called iBuying companies continue to rack up major losses, with the two largest companies in the industry, Opendoor and Zillow, losing a combined $607 million from their business of buying up homes and selling them in 2020. Should the client fail to win approval for a mortgage later, Opendoor will go ahead and buy the home for cash anyway.

Pre-approval 101

Pre-approval Home sale contingency Title Renovation 101

Realty Biz

APRIL 4, 2022

Homebuyers in the Northern Virginia Area and Virginia Beach can now overcome barriers to homeownership by using “All Cash by Weichert Financial, powered by Ribbon” – waiving mortgage, appraisal, and home sale contingencies. For many, purchasing a home is an increasingly elusive part of the American dream.

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Home sale contingency Loan Officer Investor Title 75

HomeLight

NOVEMBER 10, 2021

iBuyers don’t plan to live in your home; after they make a purchase, they resell the home — in some cases after making light repairs. iBuyers leverage online appraisal technology to determine a home’s value and what they’re willing to pay. Real estate brokerage Redfin, which lists homes for a 1.5%

Home sale contingency 101

Home sale contingency Sales Closing Short sale 101

HomeLight

MARCH 21, 2022

American Homes 4 Rent , serving metropolitan areas in 12 states including Arizona, Colorado, North Carolina, and Tennessee. An iBuyer , also known as an instant buyer , is a business that uses real estate market data and technology to make immediate offers on houses, sight-unseen, after being contacted by an owner. Orchard Move First.

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Closing costs Home sale contingency Investor Closing 100

HomeLight

APRIL 29, 2022

HomeLight Trade-In : Removes the stress of buying and selling a home at the same time. HomeLight works with your agent to make an offer on your current home, so you can make an offer on a new home with no lending or home sale contingency. Redfin is a Seattle-based discount real estate brokerage company.

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Agents MLS Closing Home sale contingency 96

HomeLight

JULY 6, 2022

Processes, rates, and services from real estate companies can change based on market conditions, housing trends, changes in technology, and customer needs. Whether you’re looking to buy or sell a home (or both), it seems like everyone is interested in all-cash offers these days.

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Purchase and sale agreement Agents Finance Inspection 91

HomeLight

APRIL 15, 2022

We also include information about HomeLight’s Simple Sale platform, an online home-selling program that provides competitive all-cash offers for homes across the country. An iBuyer is a deep-pocketed real estate technology company that uses digital tools to purchase homes directly from homeowners and close quickly.

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Title House Flipping Title search Sales 90