Redfin

MAY 5, 2023

An overview of the Texas housing market The Texas housing market is rich in diversity, with plenty of options to suit different budgets and lifestyles. However, due to the recent hike in mortgage rates, the market has experienced a slight decline, with median sale prices dropping by 2.5% to $341,300 and competition slowing down.

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Purchase and sale agreement Pre-approval Seller disclosure Earnest money deposit 65

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. Within three weeks of marketing on their own, 80% to 85% of FSBO people will contract with a real estate agent.

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HomeLight

MARCH 31, 2022

The seller’s market continues to boom in Florida. drop in median time on the market. We’ll also provide a comprehensive overview on the full process to prep, market, and close on your home without the assistance of a real estate agent. Average time on market: 14 days (Jan 2022). Can FSBO sellers post a yard sign ?

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HomeLight

JUNE 23, 2022

However, if the buyer terminates the contract for any other reason not specified in these conditions, the seller is typically entitled to keep the earnest money as a concession for the time they took the home off the market to enter into the exclusive agreement. Is earnest money refundable?

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HomeLight

JUNE 29, 2022

According to Chester Ardolino , a real estate agent in Springfield , Massachusetts, the time to think about your top priorities as a seller is before the house hits the market. Some of us in the business have been calling this the ‘name your price’ market,” Ardolino says. But markets change, and sellers need to be prepared. “It

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HomeLight

MARCH 6, 2023

Consider factors such as how long you plan to be in the area, if you have steady employment, and if you have enough money saved for not just the down payment, but for closing costs , maintenance, property taxes, and more. down payment and/or closing cost assistance. Loans are between 3%-3.5%

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HomeLight

MARCH 2, 2023

Consider factors such as how long you plan to be in the area, if you have steady employment, and if you have enough money saved for not just the down payment, but for closing costs , maintenance, property taxes, and more. CalHFA works through approved lenders, and buyers apply for the program through their loan officer.

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HomeLight

SEPTEMBER 30, 2020

Buyers with lower credit scores or lower down payments can sometimes get an FHA loan even if they can’t get approved for a conventional loan. You may also experience less competition from other owner-occupant buyers for HUD Homes than in the traditional real estate market. These costs include a mortgage origination fee up to 1%.

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Earnest money deposit FHA loan Pre-approval Finance 79

Realtor.com

OCTOBER 29, 2020

Appraisal contingency: With this contingency, a third party hired by your mortgage lender evaluates the fair market value of the home. Financing contingency: This contingency gives you the right to back out of the deal if your mortgage approval falls through. Get final mortgage approval. Clear the title.

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Closing Earnest money deposit Inspection contingency Purchase and sale agreement 139

HomeLight

MARCH 16, 2023

We’ve gathered insights from real estate experts to create this guide for navigating Houston’s cash home buyer market so you can sell your property in as fast a time frame as you require. Receive your offer within a week and close in as little as 10 days. The newbie with little experience doesn’t have the money to keep it long term.

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Sales Purchase and sale agreement Earnest money deposit Investor 66

Redfin

AUGUST 3, 2022

A real estate agent will be with you every step during the home buying process and will offer expert knowledge of the local housing market. They can advise on whether a home is listed at a fair asking price, what to make of the home inspection, assist in the negotiation process, and explain the paperwork involved in the closing process.

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The Close

DECEMBER 29, 2022

After all, great communication leads to closed deals. Furthermore, in today’s market, understanding our complex mortgage industry could actually help you close more deals and maybe even save clients money. There is always a chance a sale might not go through, especially in today’s wild interest rate market.

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