HomeLight

SEPTEMBER 1, 2022

The so-called appraisal gap began rising in frequency around July 2020, and by June 2021, there was a gap between sales price and appraised value in one-fifth of all home sales requiring financing. These are called comparable sales , or comps, because they should be similar to your home in terms of size, age, location, and condition.

Purchase and sale agreement 84

Purchase and sale agreement Earnest money deposit Short sale Loans 84

Kyle Handy

JANUARY 20, 2023

But there are a lot of industries that may be helpful if you’re looking to flip a house. Estate sales professionals, estate auctions, senior living communities — often, these individuals know about properties before they hit the market. There are repair costs, closing costs, and (of course) the property.

House Flipping 89

House Flipping Bankruptcy Investor Renovation 89

HomeLight

JANUARY 6, 2023

Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. Receive your offer within a week and close in as little as 10 days. They usually present a take-it-or-leave-it sale price. If you accept the offer, you’ll both sign a sales contract. Phone: 844-488-8455.

Purchase and sale agreement 81

Purchase and sale agreement Closing costs Closing Agents 81

The Close

JUNE 15, 2022

Closing costs 42. Who pays closing costs? Closing costs for seller 44. For sale by owner 32. Condos for sale 34. Duplexes for sale 35. Townhomes for sale 36. Short sale process. Cheap houses for sale 37. Waterfront homes for sale 38. Best Realtor 23.

Closing costs 96

Closing costs Title Inspection Closing 96

HomeLight

JANUARY 19, 2023

Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. Receive your offer within a week and close in as little as 10 days. They usually present a take-it-or-leave-it sale price. If you accept the offer, you’ll both sign a sales contract.

Purchase and sale agreement 80

Purchase and sale agreement Closing costs Closing Agents 80

HomeLight

JANUARY 4, 2022

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.

Investor 98

Investor Finance Inspection Sales 98

HomeLight

NOVEMBER 30, 2022

Home improvement shows have popularized the concept of “flipping” houses, bringing this segment of the real estate industry into the living rooms of everyday Americans, even inspiring some to take on the challenge of buying a home needing TLC, updating the home with old-fashioned sweat equity, and selling for a nice profit. Closing costs.

House Flipping 105

House Flipping Inspection Investor Renovation 105

Lighter Side of Real Estate

OCTOBER 31, 2022

1) Asking you to wire escrow or closing cost money. When you buy or sell a house, there’s a good chance that a title company or attorney will be handling the closing. So it wouldn’t be all that weird to get an email from them asking you to wire money for closing costs, the down payment, etc.

Closing costs 145

Closing costs Title Banks Short sale 145

HomeLight

JULY 31, 2021

Reports from the National Association of Realtors show that nearly a quarter of existing home sales were made with all-cash in the spring of 2021 — but how do you go about finding your cash buyer? Our guide aims to address the urgency of needing cash with the level of thought and care that a sale of this weight requires. Good bones.

Earnest money deposit 98

Earnest money deposit Inspection Proof of funds Inspection contingency 98

HomeLight

FEBRUARY 24, 2023

After all, someone needs to buy that house you’ve just renovated , and your chances of a quick sale — at a desirable price — are much higher in a location where people want to live. Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit.

House Flipping 99

House Flipping Renovation Finance Agents 99

HomeLight

FEBRUARY 24, 2023

The median sale price for a single-family home in Florida in Q4 of 2021 was $365,000, and it went up to $400,000 in Q4 of 2022, a 9.6% Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit.

House Flipping 98

House Flipping Renovation Investor Finance 98

RIS Media

APRIL 16, 2021

The industry has been eagerly awaiting further details about President Joe Biden’s proposed first-time homebuyer tax credit—which originally featured a max of $15,000 per buyer toward their down payment on a home. Assistance can go toward a down payment or the closing costs, or to reduce the interest rate on a mortgage.

Short sale 104

Short sale Closing costs Development Equity 104

HomeLight

FEBRUARY 9, 2023

Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit. San Diego The number of homes for sale in San Diego is increasing. Since flippers don’t have a crystal ball to see the future, the industry has developed the 70% rule.

House Flipping 90

House Flipping Hard money loan Finance Investor 90

HomeLight

MARCH 10, 2023

Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit. Since flippers don’t have a crystal ball to see the future, the industry has developed the 70% rule. Find a Buyer's Agent What is house flipping?

House Flipping 93

House Flipping Renovation Investor Finance 93

HomeLight

FEBRUARY 24, 2023

After all, someone needs to buy that house you’ve just renovated , and your chances of a quick sale — at a desirable price — are much higher in a location where people want to live. Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit.

House Flipping 76

House Flipping Inspection Renovation Finance 76

HomeLight

JANUARY 19, 2023

Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit. Since flippers don’t have a crystal ball to see the future, the industry has developed the 70% rule. Find a Buyer's Agent What is house flipping?

House Flipping 100

House Flipping Inspection Renovation Finance 100

HomeLight

FEBRUARY 24, 2023

Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit. The industry average is — at the end of the day after you’ve done everything — if you walk away with 10%, it was a good day. Everybody got paid. You were profitable.

House Flipping 80

House Flipping Renovation Investor Finance 80

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. This tool, also known as a like-kind exchange, allows investors to defer paying capital gains taxes on a sale.

Purchase and sale agreement 98

Purchase and sale agreement Title Proof of funds Pre-approval 98

Marco Santarelli

JULY 27, 2020

In May, the median sales price decreased by 1.3% Home sales have improved consistently over the last six weeks and prices appear to be increasing as well. In June, the median sales price increased 5.1% The new data show that sales in the last week were only about 5 percent lower than the same week last year.

Marketing 124

Marketing Investor Land Sales 124