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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?

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5 Keys To Know About an ‘As Is’ Home Sale Before You Try One

HomeLight

You might not be aware of every flaw — that’s for the home inspection to notice — but once you are, you can’t hide them, and legally, neither can your agent. Buyers can still get an inspection to unearth problems. A home inspection is part of a buyer’s due diligence. But not every “as is” home sale falls into that category.

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3 Different Types of Real Estate Agents (And 7 Subtypes), Explained

HomeLight

Some real estate brokerages will work with many types of agents who have various specialties. They also help buyers through the post-purchase processes of home inspections and necessary repairs, often providing a list of home inspectors and repair-people they can recommend. Perhaps a foreclosure or short sale?

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Pros and Cons: What Exactly Does a Buyer’s Agent Do, And Should I Hire One?

HomeLight

Advocating for your best interests in the sale, including on price and other contract negotiations. Negotiating repairs or price adjustments that may be feasible as a result of appraisals or inspections. And finally, you can find a brokerage that specializes in working with buyers and ask them to help.

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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.

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7 of the Top iBuyer Companies That Want to Buy Your Home in 2022

HomeLight

Some iBuyers will perform an inspection and may reduce their offer price based on what they find out about the home’s condition. Opendoor buys homes of varying condition, but criteria like a short sale, unpermitted work, or dated materials may impact whether the company is willing and able to purchase a home.

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Should You Sell Your House to a Flipper? 5 Key Considerations

HomeLight

According to a survey over 2,000 adults from real estate brokerage Coldwell Banker, 80% of Americans say they would prefer to buy a turkey home over one that requires renovations. Homes classified as historic require detailed permitting and inspection for repairs, says Lyons, who already must mitigate lead paint and radon in many properties.