Realty Biz

MARCH 13, 2024

This article explores the key factors home buyers need to know about the Maryland housing market this year. Getting Pre-Approved For A Mortgage In a seller’s market like Maryland, getting pre-approved for a mortgage loan should be one of the first steps for hopeful buyers.

Pre-approval

HomeLight

MAY 19, 2022

Average days on market for Maryland. These companies can help sellers cash out quickly and many will cover a seller’s closing costs. Consider a pre-listing inspection. A pre-listing home inspection is the same as a standard home inspection except that the seller pays for it before listing their home on the market.

As-is

HomeLight

APRIL 21, 2022

Even if a buyer has been pre-approved by a lender, the loan could still be denied or delayed due to a change in job status, a low home appraisal , or a dozen different reasons. According to a 2021 National Association of Realtors® survey, financing difficulties were responsible for 29% of closing delays and 10% of terminated contracts.

Inspection contingency

HomeLight

JANUARY 3, 2023

Higher interest rates have been cooling the housing market nationwide, and real estate in Colorado is no exception. Inventory is starting to rise along with the average number of days on market as of September 2022. Average days on market : 46 (November 2022). Get a pre-listing appraisal. Closing costs.

Purchase and sale agreement

HomeLight

MARCH 21, 2023

But prices tend to be lower and buyers can often get eager sellers to offer concessions , such as covering closing costs. It’s important to point out that days on market in 2022 were fewer in Q1, so, while inventory is down, buyers are still hungry. Get pre-approved to save time once you find the house you want.

Agents

HomeLight

MAY 23, 2022

Average days on market for Massachusetts. These companies can help sellers cash out quickly and many will cover a seller’s closing costs. Hire them because of the process they do and their marketing plan because that’s what’s going to get you the most money.”. Consider a pre-listing inspection. Disclosures.

As-is

HomeLight

FEBRUARY 8, 2023

This state’s closing costs are some of the highest in the country. Sellers can expect to pay an average of 8% to 10% of the total sales price after combining all of the main costs that sellers must cover when selling a home in New York. It may be worthwhile to get a pre-listing inspection to rule out any major issues.

Purchase and sale agreement

HomeLight

SEPTEMBER 30, 2022

Next: Consult our guide on who pays closing costs when selling a house by owner for more details. In Wisconsin’s shifting market, “Condition is really going to drive days on market ,” Labus says. Invest in an appraisal or pre-inspection. People will think you’re trying to hide something.”.

Purchase and sale agreement

HomeLight

OCTOBER 14, 2022

Next: Consult our guide on who pays closing costs when selling a house by owner for more details. With an average of 59 days on market, she sells properties 51% faster than the average agent. They haven’t been pre-qualified and you don’t know if they’re legit buyers.”. Require everything in writing.

Purchase and sale agreement

HomeLight

AUGUST 12, 2022

Average days on market for Illinois. These companies can help sellers cash out quickly and many will cover a seller’s closing costs. Consider a pre-listing inspection . The company guides sellers through the entire process from offer to close. Fees: Sellers do not pay closing costs.

As-is

HomeLight

DECEMBER 7, 2021

Usually, it’s the buyer, but the seller may schedule a pre-inspection before listing the home. Unless there is an extraordinary exception, sellers will generally only get a copy of the inspection report if they paid for part of it, which can sometimes happen through shared closing costs. Next steps after the inspection.

Inspection

The Close

DECEMBER 29, 2022

Clients might be interested in an ARM because it allows borrowers to take advantage of interest rate decreases without having to go through a whole refinance process and pay additional closing costs. Closing costs. Clients will need an exact accounting of the total amount owed in closing costs.

Purchase and sale agreement