Closing Days on market Pre-approval Purchase and sale agreement 
HomeLight
JUNE 9, 2023
A property listed as “contingent” in real estate means the seller has accepted an offer, but the deal isn’t fully closed yet. The final sale hangs in the balance, waiting for certain conditions or “contingencies” to be met. If you refuse and you can’t come to an agreement, they’re free to walk away.
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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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. Year-over-year, monthly sales in the Phoenix metro area were down nearly 25%.
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.
HomeLight
DECEMBER 7, 2021
About 95% of buyers hire a home inspector prior to closing. Source: (LinkedIn Sales Solutions / Unsplash). 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. But what’s inspected? What does the inspection cover? Test the pilot lights.
HomeLight
FEBRUARY 8, 2023
Instead, she says it’s best to price a home at the market value to attract more buyers, and then multiple bids could potentially drive up the ultimate sale price. Once you’ve accepted an offer on your New York State home, you’ll have to deduct all of the expenses associated with the sale to arrive at your total proceeds.
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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