Housing Wire

OCTOBER 16, 2023

However, this rise in first-time buyers helps explain what’s driving demand and keeping upward pressure on prices in a market with mortgage rates currently surpassing 7%. One of the primary reasons for this surge is the strong presence of millennials in the housing market, particularly those at the peak, around ages 33 and 34.

Agents 407

Agents Seller concession Closing costs Mortgages 407

HomeLight

NOVEMBER 10, 2021

When you sell your house without the help of a real estate agent, you’ll save money on commission fees but won’t escape closing costs entirely. The same closing fees that apply to an agent-assisted sale will be charged to a FSBO seller, with the exception of the agent commission. Seller FSBO closing costs.

Closing costs 96

Closing costs Closing Title Title search 96

HomeLight

APRIL 29, 2021

As a seller, your home sale price and proceeds are very different numbers. You’ll need to subtract your closing costs to determine how much money you’ll walk away with after the sale. So, what are closing costs in Delaware? In Delaware, sellers typically pay 6% to 10% of the home’s sale price in closing costs.

Closing costs 60

Closing costs Closing Seller concession Homeowner’s association 60

Real Trends

JULY 11, 2022

The real estate market is red hot, and with prices to match, you’ll need to provide concrete support for any offer that is made. Concessions. You are your customer’s best advocate when it comes to evaluating seller concessions. Estimated closing costs. Timeline for closing. Contingencies.

Seller concession 79

Seller concession Closing costs Inspection Title search 79

Realtor.com

DECEMBER 10, 2020

“In most parts of the country, sellers often have multiple bids right now,” says Danielle Samalin , CEO of Framework Homeownership. “In In this market, trying to negotiate a sales price probably won’t get you far.”. Better to move forward with the home inspection, and then use the findings as a potential bargaining chip.

Closing costs 142

Closing costs Inspection Closing Rent back 142

HomeLight

SEPTEMBER 14, 2022

When home prices and mortgage rates fluctuate it can make your head spin, especially if you need to sell a house in a down market. To help you navigate a shifting housing market, we spoke with real estate agent Mari Slobounov, who is a business partner with the top-producing Lynn Holley Real Estate Group in Madison, Wisconsin.

Marketing 105

Marketing Inspection Staging Seller concession 105

Redfin

JULY 26, 2021

This guide gives you an overview of how much it costs to sell a house so you can be prepared and make a plan for buying your next home. Before you can know how much it will cost you to sell your home, you need to find out how much your home is worth. Home Inspection. One of the first items is a home inspection.

Seller concession 68

Seller concession Closing costs Inspection Staging 68

Realty Biz

APRIL 20, 2022

Home Inspection Contingency. One of the most common terms in an offer is the home inspection contingency clause. When the home inspection finds some problems, the seller might agree to cover the cost and have the problem fixed. Sometimes a seller will be willing to pay some or all of these costs to sell their home.

Purchase and sale agreement 105

Purchase and sale agreement Home sale contingency Earnest money deposit Inspection contingency 105

Real Trends

OCTOBER 16, 2023

However, this rise in first-time buyers helps explain what’s driving demand and keeping upward pressure on prices in a market with mortgage rates currently surpassing 7%. One of the primary reasons for this surge is the strong presence of millennials in the housing market, particularly those at the peak, around ages 33 and 34.

Agents 99

Agents Seller concession Closing costs Mortgages 99

HomeLight

APRIL 14, 2023

Your California dream home has just come on the market, and you’re eager to make an offer. But even though the monthly mortgage payments fit into your budget, you’re concerned about coming up with enough cash for a myriad of closing costs in addition to the down payment. Find a Buyer's Agent What are closing costs?

Closing costs 86

Closing costs Closing Purchase and sale agreement Title 86

Windemere Buying

JUNE 22, 2022

In return, the seller agrees to take the home off the market. When the sale closes, the money goes toward the down payment or closing costs. The timeline for inspections during the closing process vary state to state. Now you’re ready to close! You’ll also pay closing costs at this time.

Purchase and sale agreement 52

Purchase and sale agreement Inspection contingency Seller concession Backup offer 52

HomeLight

JANUARY 29, 2021

Other than that, you’re on the hook for the same closing costs as any other seller. Closing costs without a Realtor® typically average 1% to 7% of the final sale price. Mandatory costs include a long list of fees and taxes from involved parties such as the local and state government and mortgage lenders.

Closing costs 98

Closing costs Closing Seller concession Title search 98

The Close

FEBRUARY 6, 2024

That’s not including the luxury market—the median sold price in my area in Florida is around $300,000. That showed the sellers that my clients were more invested and serious about purchasing the home. But every little concession is important when you’re in a bidding war on a house. In fact, I suggest quite the opposite.

Pre-approval 75

Pre-approval Earnest money deposit Inspection Inspection contingency 75

HomeLight

NOVEMBER 10, 2021

If you consider your kids’ toys and art projects, old bathroom toiletries, and stacks of mail — you may realize that you’ve been storing many items that you could re-home or discard right away to prepare for putting the house on the market. Consider a pre-sale inspection. However you find your agent, be selective in who you pick.

Inspection 114

Inspection Title Seller concession Agents 114

HomeLight

MAY 3, 2023

“Depending on the price range of the home, I tell my clients that they need to be ready to spend 9%–10% of the sale price on selling costs, including the real estate agent commission and closing costs,” says Joanne McCoy , a top-selling real estate agent in Lincoln, Nebraska. Enter your address to get started.

Seller concession 109

Seller concession Purchase and sale agreement Inspection Title 109

Redfin

MARCH 3, 2022

From appraisal issues to home inspection roadblocks, there’s a lot that can go awry before finally closing on your property. So how can you avoid a delayed closing? Be aware of these 7 common issues that could set back your closing date. Major damage is found during the home inspection.

Closing 62

Closing Title search Purchase and sale agreement Title 62

HomeLight

JUNE 16, 2022

Days on the market or DOM is the number of days a property has been on the market from the time it’s listed for sale until the house is taken off the market with a signed contract. While the market in California is still hot for sellers, there has been a decrease in the number of homes sold. Seller concessions.

Seller concession 82

Seller concession Closing costs Inspection Agents 82

Redfin

JUNE 28, 2022

The main concern is that having a home on the market longer than a few weeks can indicate to other homebuyers that there may be a problem with the house. Marketing and showing your home. In the face of a strong seller’s market , the prospect of selling for top dollar may be too good to pass up for some. Moving costs.

Staging 61

Staging Renovation Closing costs Agents 61

HomeLight

JUNE 16, 2022

With the roaring housing market of the last couple of years, home prices are hitting all-time highs. Days on the market or DOM is the number of days a property has been on the market, from the time it’s listed until the home is taken off the market with a signed contract. Seller concessions. Closing costs.

Seller concession 83

Seller concession Closing costs Inspection Closing 83

HomeLight

APRIL 17, 2024

Others perform a home inspection while their competitor skips one. Selling a home the traditional way can be stressful and time consuming, especially in a shifting market. This enables you to skip many of the typical hassles of selling a house (repairs, showings, open houses), and close in as little as 10 days.

Seller concession 94

Seller concession Inspection Rent back Closing 94

Realty Biz

JANUARY 19, 2024

By following these steps, you can easily navigate the real estate market. Their expertise and experience in the real estate market can be invaluable, especially for first-time homebuyers who may not be familiar with the intricacies of the process. An excellent buyer's agent will guide you based on current market conditions.

Debt-to-income ratio 100

Debt-to-income ratio Pre-approval Purchase and sale agreement Inspection 100

HomeLight

MARCH 31, 2021

While researching the home sales process, you’ve likely come across the term “seller credit.” A seller credit is a type of seller concession where the seller offers the buyer money at closing to sweeten the deal. Seller credits are money the seller gives the buyer at closing.

Closing 86

Closing Seller concession Sales Closing costs 86

HomeLight

JUNE 14, 2022

Days on the market or DOM is the number of days a property has been on the market from listing until having a signed sales contract. The Seattle market continues to sizzle with a DOM of just 33 days. The Seattle market continues to sizzle with a DOM of just 33 days. How much does it cost to sell a house in Seattle?

Seller concession 98

Seller concession Closing costs Agents Closing 98

HomeLight

MAY 31, 2022

In recent years, we’ve experienced a seller’s market – and many homeowners have been eager to take advantage of the situation. Nevertheless, despite rising interest rates and creeping inflation, the housing market continues to enjoy favorable pricing, largely due to low inventory. Seller concessions: $1,875 (0.5%).

Seller concession 120

Seller concession Closing costs Staging Sales 120

HomeLight

NOVEMBER 7, 2022

Fear of the unknown can cause home sellers a high level of anxiety, especially when the housing market is in flux. Knowing what to expect can help you to craft a solid plan and take confident steps forward when listing and selling your home in the Houston market. There’s not a massive influx or mass exodus.

Seller concession 77

Seller concession Purchase and sale agreement Closing costs Inspection 77

HomeLight

SEPTEMBER 27, 2022

After new home sales set records in 2021 , the Texas housing market cooled in recent months, generally seeing decreases for homes under $400,000 that offset increases for homes priced over $750,000. With values and markets changing so dramatically, now may be a good time to check up on your home value. Seller concessions.

Seller concession 67

Seller concession Closing costs Homeowner’s association Title 67

HomeLight

JUNE 14, 2022

Embarking on a sales transaction of that size calls for some planning, including understanding the costs, potential proceeds, and how long your home might be on the market so you can anticipate your next move. Chicago didn’t have the huge spike in pricing that some of the markets throughout the states [had]. Santiago Valdez.

Seller concession 86

Seller concession Purchase and sale agreement Closing costs Title 86

HomeLight

DECEMBER 2, 2021

But before you box up your prized LEGO® collection and book a moving truck, you need to answer the nagging question at the back of your mind: What’s it going to cost to sell my house? In this guide, we dive deep into what costs sellers should expect to pay. Cost to seller. Seller concessions.

Seller concession 109

Seller concession Staging Inspection Renovation 109

HomeLight

OCTOBER 20, 2022

Fear of the unknown can cause home sellers a high level of anxiety, especially when the housing market is in flux. Knowing what to expect can help you to craft a solid plan and take confident steps forward when listing and selling your home in the Austin market. It’s very property-specific,” says Smith of the Austin market.

Seller concession 85

Seller concession Purchase and sale agreement Closing costs Inspection 85

HomeLight

JUNE 24, 2022

One of the first steps in assessing how much money you’ll keep after selling your house, is determining its possible market value. Contacting a local agent in your market is the most effective way of finding a true market evaluation,” says Marissa Papa , a Connecticut real estate agent with 18 years of experience. Get Estimate.

Seller concession 77

Seller concession Closing costs Inspection Homeowner’s association 77

HomeLight

JULY 12, 2022

Properties typically remained on the market for 16 days, and nearly 90% of homes sold were on the market for less than 30 days. Even though interest rates are rising, inventory is low in many markets. So, the seller’s market is holding, but cooling. from the prior month and 8.6% from one year ago. Get Estimate.

Seller concession 92

Seller concession Closing costs Renovation Title search 92

HomeLight

SEPTEMBER 15, 2022

housing market is undergoing a rebalancing. Visit HomeLight’s 2022 Housing Trends Hub for information on how to navigate a shifting market — whether you’re a seller, buyer, or homeowner. Preparation and perspiration are great allies if the housing market shifts into a recession. Being ignorant of the market.

Seller concession 92

Seller concession Inspection Agents Renovation 92

Realty Biz

JULY 31, 2023

Cash for the down payment, cash for closing costs, cash for repairs, cash for operating reserves. Charge Renovation Costs on Your Credit Card When you buy a fixer-upper, you pay less up front for the property, which means a lower down payment and lower closing costs than comparable turnkey properties in the same neighborhood.

Seller concession 80

Seller concession Closing costs Renovation Equity 80

HomeLight

FEBRUARY 8, 2023

In a shifting housing market, the prospect of entering into a major real estate transaction can seem daunting — especially if you’re unsure about the steps involved. If you’re selling on the open market in New York State, choosing the right price is one of the most important steps. Looking to sell a home in New York State?

Purchase and sale agreement 81

Purchase and sale agreement Inspection Investor Agents 81

HomeLight

JULY 25, 2022

Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes. The market is the largest driver of price,” Gore says. Contact an experienced agent to do a comparative market analysis. Get Estimate.

Closing costs 89

Closing costs Equity Short sale Agents 89

HomeLight

APRIL 11, 2023

This is when many local markets tend to slow down a bit and homes are more likely to be offered at a slight discount. In this unique market, the best time to buy a house ultimately depends on your move timeline and goals. What’s unique about the Arizona housing market? What is the best month to buy a house in Arizona?

Purchase and sale agreement 80

Purchase and sale agreement Agents Seller concession Inspection 80

HomeLight

JULY 25, 2022

Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes. There are signs that the market is now cooling as interest rates are on the rise. Contact an experienced agent to put together a comparative market analysis.

Closing costs 86

Closing costs Equity Short sale Sales 86