Broke Agent Media

MAY 8, 2023

But older seller-buyers, who are likely to have a smaller mortgage balance and built up greater equity, are less likely to report feeling locked-in by a low interest rate and are more likely to report that they need to sell anyway. That said, in April 2023, homes spent considerably more time on the market compared to the previous two Aprils.

Marketing 52

Marketing Days on market Equity Sales 52

Real Trends

DECEMBER 27, 2022

With a little bit of informed vigilance, you will be able to increase your rate of successful closes. Keep reading to learn about the reasons a deal is starting to slip and the warning signs that a deal will never close. At the time of closing, both parties agree to sign all necessary documents. Asynchronous appraisal.

Sales 60

Sales Home sale contingency Pre-approval Inspection 60

Marco Santarelli

JULY 1, 2023

The top public schools in Limestone, TN include those with excellent ratings based on indicators such as test scores, college readiness, and equity data. This suggests that sellers were receiving offers close to their listing prices, indicating a balanced market. Alongside these, there is also 1 private and charter school.

Days on market 52

Days on market Sales Equity Marketing 52

Real Trends

JANUARY 2, 2023

Agents can also expect to see longer “days on market” in 2023. Encourage your buyers to take their time in 2023 to find the home that is right for them, because of the lack of equity growth to come, today’s buyers should be looking for a long-term home. . No longer will your buyers be competing with 30 other offers.

Seller concession 99

Seller concession Agents Mortgages Equity 99

Real Trends

DECEMBER 8, 2022

In addition, Altos reports that the 7-day average for the number of days a property has been on the market, which is an indicator of the pace of the market, has jumped from an average of 26 days in late May 2022 to an average of 82 days for the week ending in December 2nd.

Marketing 102

Marketing Agents Days on market Equity 102

Lab Coat Agents

MAY 1, 2024

Lower Closing Costs Closing costs are also reduced when assuming a VA loan compared to originating a new one. Additional Benefits No Mortgage Insurance Another significant benefit of assuming a VA loan is that there is no mortgage insurance required, even if the buyer puts less than 20% down.

VA loan 52

VA loan Loans Debt-to-income ratio FHA loan 52

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). Median home sales price: $545,000 (November 2022).

Purchase and sale agreement 98

Purchase and sale agreement Inspection MLS Inspection contingency 98

HomeLight

APRIL 21, 2023

If you need to sell your house fast in Phoenix, whether you’ve inherited a house, you’re relocating for work, need to cash out your home’s equity fast, or are looking to put a divorce behind you, the two best strategies are: 1) seek out a cash offer, or 2) work with a top real estate agent. No showings, no repairs, no open houses. He has a 4.4

Closing 88

Closing Investor Staging Agents 88

HomeLight

JUNE 8, 2021

Even in today’s hot seller’s market where homes attract offers in as few as 16 days , it takes around 2-plus months to sell a house from list to close. And that doesn’t account for the weeks needed to clean, paint, and tidy up the property for its market debut. 2) Wait for the lender to close on your buyer’s mortgage.

Short sale 109

Short sale Agents Sales Days on market 109

HomeLight

APRIL 26, 2023

If you need to sell your house fast in Los Angeles, whether you’ve inherited a house, you’re relocating for work, need to cash out your home’s equity fast, or are looking to put a divorce behind you, the two best strategies are: 1) seek out a cash offer, or 2) work with a top real estate agent. No showings, no repairs, no open houses.

Agents 79

Agents Closing Sales Staging 79

HomeLight

JANUARY 18, 2023

If you’re like most homeowners, you’re eyeing the home equity market with caution – or flat-out worry. The housing market is cooling off quickly, and it could continue to spiral in the coming year. That means you’re probably concerned you’ll lose equity and are wondering how much value you might miss out on in the coming year.

Equity 85

Equity Marketing Loans Principal 85

HomeLight

JANUARY 27, 2021

Ready to hit the market, buy your dream home and conquer this whole homeownership thing? But there’s so much to keep track of along the way: hiring an agent, getting a mortgage, making offers, and closing the deal. They’ll have specialized market information that others won’t. Don’t forget to budget for closing costs.

Closing costs 117

Closing costs Loans Inspection Earnest money deposit 117

The Close

DECEMBER 27, 2022

This is because when the seller down the street falls behind on payments and has to sell at below market price in order to avoid foreclosure, it affects the asking price for everyone else’s property on the block. If stage 5 is the safest opportunity for investors to take a chance on a real estate market cycle, then stage 8 is the opposite.

Investor 91

Investor Staging Marketing Banks 91

HomeLight

DECEMBER 1, 2020

If you bought your Chattanooga home several years ago, you’ve likely built up sufficient equity to sell and make a good profit. In addition, days on market for homes in Chattanooga were down 20.4% On average, homes are selling in 39 days — but you can beat that with our guide to selling fast. year over year in Sept.

Inspection 90

Inspection Agents Staging Renovation 90

HomeLight

APRIL 29, 2021

To help us understand both buyer’s and seller’s markets, we spoke with top real estate agent Kim Rock. The 13-year industry veteran has a track record for selling homes fast — her listings close 65% quicker than the average Philadelphia agent. Seller’s market: The odds are in your favor. Source: (yi sk / Unsplash).

Marketing 109

Marketing Sales Agents Construction 109

The Close

SEPTEMBER 8, 2022

The Close Takeaway: The real estate industry grew rapidly in 2021 led by smart, entrepreneurial women. The Close Takeaway: The past few years have created a unique opportunity for new agents to break into the industry and find a lot of success. homes spent a median of 14 days on market in June 2022—down 3 from 17 days in June 2021.

Equity 139

Equity Agents Brokerage Closing 139

HomeLight

JANUARY 24, 2023

Instead of simply searching for the cheapest area or a neighborhood close to your job, an agent can help you find a specific area that fits your needs. “It’s Research days on market The average days on market is another important factor to consider. What was I thinking?”

Days on market 94

Days on market Agents Sales Closing 94

HomeLight

DECEMBER 30, 2020

Check your equity to evaluate if you’re ready to sell. Before you contact a real estate agent, check your equity to know where you stand with your mortgage. At a minimum, you want to have enough equity in your home to cover the cost of selling your home (e.g., closing costs and agent commission). Home equity ($200,000).

Agents 104

Agents Equity Staging Renovation 104

Marco Santarelli

DECEMBER 28, 2021

On average, homes in Allegheny County, PA sell after 57 days on the market. The trend for median days on market in Allegheny County, PA has gone up since last month, and slightly down since last year. This situation is also called negative equity. However, it is still twice the rate seen in a normal housing market.

Marketing 98

Marketing Purchase and sale agreement Investor Technology 98

HomeLight

JULY 29, 2022

It helps to know where the market is now and where it’s headed. In a buyer’s market. In a buyer’s market , inventory exceeds demand, typically resulting in homes spending more days on market , and thus, resulting in pressure on the seller to reduce the price or offer concessions to incentivize a buyer.

Debt-to-income ratio 109

Debt-to-income ratio Loans Rent back Equity 109

HomeLight

JANUARY 22, 2024

There are several reasons, which can range from a sudden change in circumstances, to the seller needing to access the equity in their home without making repairs. “It’s Real estate attorneys are not considered essential for closing in the state of Colorado. Why do sellers consider selling making a as-is home sale?

As-is 96

As-is Inspection Finance Investor 96

HomeLight

JULY 25, 2022

Primary reasons for this include lack of equity accumulated in the home and insufficient appreciation – an increase in property value. The market is the largest driver of price,” Gore says. In a seller’s market , prices typically rise, which could effectively boost equity in your home and increase appreciation.

Closing costs 91

Closing costs Equity Short sale Agents 91

HomeLight

JULY 25, 2022

You can sell a home whenever you want, but expect financial consequences if you have little equity in it. There are a number of reasons for this, including lack of equity accumulated in the home and insufficient appreciation – an increase in property value. You can build equity and lower your tax burden.”. of the loan amount.

Closing costs 88

Closing costs Equity Short sale Sales 88

HomeLight

JULY 25, 2022

Average days on market for Florida. Real estate attorneys are not considered essential for closing in the state of Florida. It’s going to be their first home,” says JoAnn, “They’re OK with some sweat equity, so it’s a good opportunity for them.”. It’s sweat equity,” says Tom. Disclosures. Transactions.

As-is 87

As-is Purchase and sale agreement Inspection Closing costs 87

HomeLight

APRIL 26, 2023

If you need to sell your house fast in Tampa due to a relocation for work, a divorce, or because you need to quickly cash out your home’s equity, the two best strategies are: 1) seek out a cash offer, or 2) work with a top real estate agent. Receive your offer within a week and close in as little as 10 days. The company has 5.0

Renovation 94

Renovation Closing Agents Sales 94

HomeLight

JULY 28, 2022

We’ve gathered expert tips and insights about eight key questions to ask yourself to determine when to sell your house — and how to fetch the highest price and fastest closing date. Is it a buyer’s or seller’s market? Interest rates, unemployment, and other economic factors influence the housing market. Closing costs.

Staging 104

Staging Closing costs Agents Closing 104

HomeLight

JUNE 29, 2022

Location: Neighborhood, access to major highways or public transportation, how close it is to the school or a public park, all of these influence a home’s price. Date of sale: A home sale from three years doesn’t reflect market conditions today. Divorce attorneys could use comps to help a couple split their assets and divide up equity.

MLS 108

MLS Seller concession Agents Sales 108

HomeLight

APRIL 27, 2023

If you accept the offer, you can close in as little as 10 days. Receive your offer within a week and close in as little as 10 days. Buy-and-hold investors: Buy-and-hold investors buy houses as long-term investments, often converting properties into rental units to build equity. The company has 4.6

Inspection 85

Inspection Investor Closing Staging 85

HomeLight

DECEMBER 15, 2022

Carroll also says reluctant buyers will leave homes sitting on the market longer in 2023 — upping days on market. “I I expect days on market to increase,” he says. Sellers] should expect to get slightly less for their house and to have to market it longer.”. Own and build equity or rent and re-invest.

Marketing 80

Marketing Mortgages Agents Equity 80

HomeLight

SEPTEMBER 1, 2022

GSFA Platinum® Down Payment Assistance Program – Down payment and closing cost assistance up to 5.0% GSFA OpenDoors® Down Payment Assistance Program – Down payment and/or closing cost assistance up to 7% of mortgage loan amount. and 3% respectively to help with the down payment and closing costs. Daniel Real.

Earnest money deposit 92

Earnest money deposit VA loan FHA loan Loans 92

Real Trends

JUNE 14, 2022

It wasn’t so long ago that the housing market was characterized by YOLO, FOMO and 200-person deep lines at open houses. But I tell them that this is why the lender and I wanted them to lock in on a rate and close a couple of days early so they could keep their rate. Inventory levels have also gone up.

Agents 138

Agents Marketing Investor As-is 138

Norada Real Estate

FEBRUARY 4, 2021

By the time 2017 drew to a close, buyers closed on 3.5% The best Houston neighborhoods are those close to major job centers and are considered livable, while newly constructed homes tend to be too expensive for potential landlords. One of the highlights of this community is being close to the Northline Commons.

Days on market 98

Days on market Land As-is Marketing 98

HomeLight

JUNE 14, 2022

Days on Market (DOM). Days on Market (DOM) measures the age of a real estate listing — from the time a home is listed to the time it’s under a sales contract. “Many first-time homebuyers I’m working with are competing with people who have purchased a home, built equity, and secured better financing.”

Agents 93

Agents Sales Days on market As-is 93

HomeLight

APRIL 21, 2023

If you need to sell your house fast in San Diego, whether you’ve inherited a house, you’re relocating for work, need to cash out your home’s equity quickly, or are looking to put a divorce behind you, the two best strategies are: 1) seek out a cash offer, or 2) work with a top real estate agent. No showings, no repairs, no open houses.

Investor 71

Investor Renovation Closing Sales 71

HomeLight

MARCH 29, 2023

With 300 days of sun a year, a walkable downtown, and an average sale price $22,000 higher in February of 2023 than 2022, the area is still a great market if you’re looking to sell your house fast in Denver. Sellers receive offers within five days and close in as little as 10 days by skipping cleaning, staging, and repairs.

Sales 87

Sales Staging Investor Agents 87

HomeLight

AUGUST 12, 2022

Skip repairs and close in as few as 10 days. Average days on market for Illinois. Real estate attorneys are not considered essential for closing in the state of Illinois. If owners want to sell ‘as is’ and don’t have a lot of equity in their house,” she explains, “it’s hard to take a discount.”.

As-is 93

As-is Purchase and sale agreement Investor Closing costs 93

RIS Media

JANUARY 28, 2022

Days on Market (1mo). Number of Closed Sales. The median owner saw an estimated increase of more than $38,000 in their home value, creating trillions of dollars in potential borrower equity. million closed transactions, the highest ever recorded and besting the record of 3.6 Prior Record (2020) . 2021 Record.

Days on market 98

Days on market Sales Equity Residential 98