Marco Santarelli

OCTOBER 4, 2023

Here are some tips for buying a home in the Newark housing market : Be prepared to act quickly. Get pre-approved for a mortgage before you start shopping. Work with a qualified real estate agent who can help you navigate the competitive market. On average, homes in Newark, NJ sell after 41 days on the market.

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Marketing Due diligence Investor Pre-approval 89

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.

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Sales Home sale contingency Pre-approval Inspection 60

HomeLight

NOVEMBER 9, 2021

For a seller in a hurry, the shortage of homes means you can anticipate fewer days on market (DOM). During a seller’s market like the one, we had in the summer of 2021, a top real estate agent could help you find a buyer for your home in as few as 75 days from listing to closing. What do days on market mean?

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Purchase and sale agreement Home sale contingency Title search Inspection 85

Realty Biz

JULY 25, 2022

This is happening at the same time my loan application was pre-approved. Skylar, it does sound like you understand that your local market might be shifting from a seller’s market towards a buyer’s market as indicated by falling house prices. The higher interest rates are knocking a lot of buyers out of the market.

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The Close

FEBRUARY 20, 2024

Competition is lower for a home, and the number of days on market increases for listings. A buyer’s market can be determined by calculating the months of inventory. Anything more than six months is traditionally considered a buyer’s market. Traditionally, the number of days on market is low.

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Marketing Debt-to-income ratio MLS Pre-approval 91

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).

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HomeLight

SEPTEMBER 21, 2020

Even if you have the luxury of a few months to report to the new station, the timeline doesn’t leave much wiggle room in the typical 70 days it takes to sell a house from list to close. When hiring an agent, military sellers should focus on a key stat in the agent’s track record: days on market (DOM). Selling for cash?

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VA loan Purchase and sale agreement Loans Agents 109

HomeLight

MARCH 30, 2021

Days on market: The speed at which houses are selling can be telling. If houses are sitting on the market for a while, you may get a better deal … but is there a reason why buyers are shying away from a particular area? It’s in your best interest to shop around for good mortgage rates and terms prior to getting pre-approved.

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Due diligence Inspection Title Pre-approval 103

Kyle Handy

MAY 3, 2023

Stay engaged through the entire process, from the first interaction to closing. Closing Deals and Earning Commissions Negotiation Tactics When closing deals, it’s crucial to employ effective negotiation tactics to help both you and your client reach a favorable outcome.

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Development Design Industrial Agents 68

Toronto Realty Blog

JANUARY 13, 2021

Rosy views on the housing market have helped drive overall household sentiment back to pre-pandemic levels even with the country dealing with a second wave of COVID-19 cases and new lockdowns. I’m looking at one now that’s coming onto the market on Thursday as well as one that was on the market last year and did not sell.

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Sales Pre-approval Fixed-rate mortgage MLS 69

Boom Town

JUNE 18, 2018

Consider including any of the following: Local Market Updates. Average Days On Market Breakdown. Seller Market Versus Buyer Market Explanation. How to Buy a Home in the Current Market. If not, I have a blog post here explaining the current market and how to position yourself as the best buyer in the lot.

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Pre-approval Agents As-is Marketing 73

HomeLight

MAY 19, 2022

Skip repairs and close in as few as 10 days. Average days on market for Maryland. Real estate attorneys are not considered essential for closing in the state of Maryland. These companies can help sellers cash out quickly and many will cover a seller’s closing costs. Consider a pre-listing inspection.

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As-is Inspection Investor Closing costs 100

HomeLight

DECEMBER 7, 2021

About 95% of buyers hire a home inspector prior to closing. Make sure they hang straight and close well. Usually, it’s the buyer, but the seller may schedule a pre-inspection before listing the home. A buyer typically has two to three business days to review the home inspection report and ask for repairs. Shut the doors.

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Inspection Purchase and sale agreement Pre-approval Closing 88

HomeLight

MAY 23, 2022

“If a house is a little rough around the edges, whether it’s in a perceived more valuable location or in a location where there might be some better deals, there’s a market for a house in either one,” says Muncey. Skip repairs and close in as few as 10 days. Average days on market for Massachusetts. Disclosures.

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As-is Inspection Investor Sales 92

HomeLight

APRIL 21, 2022

Even if a buyer has been pre-approved by a lender, the loan could still be denied or delayed due to a change in job status, a low home appraisal , or a dozen different reasons. According to a 2021 National Association of Realtors® survey, financing difficulties were responsible for 29% of closing delays and 10% of terminated contracts.

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Inspection contingency Home sale contingency Pre-approval Agents 106

HomeLight

DECEMBER 9, 2021

There are countdown apps for almost every life event, but why hasn’t someone made an app to count down the days until we close on a home sale ? A quick home sale, on the other hand, is just a sale that goes quickly, which is often extremely gratifying for those who are counting the days. Marketing Efforts. Transactions.

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Sales Short sale Agents Pre-approval 94

HomeLight

MARCH 21, 2023

But prices tend to be lower and buyers can often get eager sellers to offer concessions , such as covering closing costs. It’s important to point out that days on market in 2022 were fewer in Q1, so, while inventory is down, buyers are still hungry. Get pre-approved to save time once you find the house you want.

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Agents Pre-approval Closing costs Sales 88

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. These companies can help sellers cash out quickly and many will cover a seller’s closing costs. Consider a pre-listing inspection .

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As-is Purchase and sale agreement Investor Closing costs 93

HomeLight

FEBRUARY 8, 2023

This state’s closing costs are some of the highest in the country. Estimated closing costs when selling a New York home Transfer taxes: For every $500 of the sale price, the seller will have to pay $2 in real estate transfer tax. There is also an extra 1% tax added for homes that sell for $1 million or more.

Purchase and sale agreement 83

Purchase and sale agreement Inspection Investor Agents 83

HomeLight

SEPTEMBER 30, 2022

We’ll also provide a comprehensive overview of the full process to prep, market, and close on your home without the assistance of a real estate agent. That 6% is deducted from the seller’s proceeds at closing. Next: Consult our guide on who pays closing costs when selling a house by owner for more details. Aaron Brunette.

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Purchase and sale agreement MLS Agents Inspection 79

Housing Wire

MARCH 22, 2024

Get pre-approved with a local lender. Yes, many buyers will hop online and get a generic pre-approval letter. Offers are more likely to be accepted when the buyer’s agent can assure the listing agent that the lender has successfully closed other deals with them before. Instead, draw a firm boundary with buyers.

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Agents Pre-approval Pre-qualification Inspection 391

HomeLight

OCTOBER 14, 2022

We’ll also provide a comprehensive overview of the full process to prep, market, and close on your home without the assistance of a real estate agent. That 6% is deducted from the seller’s proceeds at closing. Next: Consult our guide on who pays closing costs when selling a house by owner for more details.

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Purchase and sale agreement MLS Seller disclosure Agents 87

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. How to Do a Comparative Market Analysis: A Step-by-Step Guide. Closing costs. Assignment. Assumable mortgage.

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Purchase and sale agreement Title Proof of funds Pre-approval 97

HomeLight

FEBRUARY 4, 2021

The perfect Fremont home is so close you can almost smell the whiff of takeout from De Afghanan and feel the breeze off the Quarry Lakes. To confront that, Causey says most sellers conduct a pre-sale inspection and put together a disclosure package to give to potential buyers. Buyer beware: Common Fremont problems.

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Inspection Pre-approval Land Proof of funds 60

Marco Santarelli

APRIL 29, 2021

It compares key housing metrics of the San Jose housing market from March 2021 with March 2020. . Median Days on Market was 8. Impact of the Pandemic on San Jose Housing Market. So, you’d find a lot of distressed sellers in this area and get some discounted off-market deals. Pre Foreclosures. Prior Month.

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Marketing Investor Residential Sales 126

Marco Santarelli

AUGUST 2, 2020

Let us continue to explore the housing market trends — from pre-COVID-19 days until July. NYC Real Estate Market Prices & Trends Before COVID-19. percent and closed sales were down 1.1 The third week of June closed with a median sale price of $700,000 for a 3% week-over-week gain. percent to 79 days.

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Marketing Sales Pre-approval Investor 142