Remove Closing costs Remove Home sale contingency Remove House Flipping Remove Technology
article thumbnail

iBuyer Real Estate Guide for 2022: What Is an iBuyer?

HomeLight

After some email back-and-forth, they get their final iBuyer offer: Offer details: 98% of what a real estate agent estimated they could earn, minus a 5% service fee, a $2,000 repair credit, and 1% in closing costs. . They find this offer to be satisfactory and are able to close in days without mortgage lender involvement.

Title 101
article thumbnail

13 of the Top House Buying Companies in 2022

HomeLight

Different companies offer different amounts for homes, but the price discount can be steep. These companies can also provide a quick and flexible closing, reduce or eliminate the need for repairs, and in many cases will cover all of a seller’s closing costs. How do companies that buy houses work? Local investors.

article thumbnail

Sell Your House for Cash: For Some, the Convenience Can’t Be Beat

HomeLight

While that still happens in scenarios where a seller can’t afford repairs or is facing serious issues with a property, cash sales have expanded beyond the distressed homes market, as sellers benefit from new technologies, instant sale platforms , and a competitive housing environment that has increased the percentage of cash offers.