Real Trends

JULY 14, 2022

Coming off of a year that brought the highest number of home sales in 15 years , the market is starting to show signs of normalizing. Agents who reveled in the red-hot market may now be wondering how to keep their production up, with sales falling about 10% from 6.125 million sales to around 5.4 Brokerage communication.

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Agents Sales Pre-approval Brokerage 52

HomeLight

AUGUST 25, 2020

The overarching question, as you make your way down your pre-sale checklist , is likely something along the lines of: “How long is this going to take?”. home was on the market for an average of 24 days , with Ellie May estimating an average of 46 days to close on a purchase loan. Your sale could be different.

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Closing Pre-approval Inspection Days on market 122

Housing Wire

AUGUST 23, 2023

According to Garg, the company has developed a one-day mortgage product that provides a commitment letter within 24 hours. When asked how relevant this business will be, Garg refers to Amazon , a company that drives two-thirds of its sales from third-party sellers. “We ” And what is Better.com best at? We aim for a similar mix.”

Debt-to-income ratio 366

Debt-to-income ratio Technology Mortgages Pre-approval 366

HomeLight

FEBRUARY 12, 2021

Department of Housing and Urban Development (HUD) created the Federal Housing Administration (FHA) loan program in 1934 to help more Americans afford houses with government insured home loans that are easier to qualify for than most conventional loans. Sellers must complete major repairs before closing. of all mortgage originations.

FHA loan 111

FHA loan Loans Pre-approval Pre-qualification 111

HomeLight

MARCH 13, 2023

A cash sale may provide the speed and efficiency you need. 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. In this article, we explain how to find and sell to a Los Angeles area cash home buyer.

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Sales Purchase and sale agreement Due diligence Inspection 88

Housing Wire

DECEMBER 7, 2023

After completing an approved course of study, you’ll be able to sit the state real estate exam. Colibri Real Estate is a state-approved real estate education provider with over 132 instructors experienced in Massachusetts real estate sales and teaching best practices. out of 5 stars Rating: 4.5

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HR Pre-approval Brokerage Commercial 369

HomeLight

AUGUST 31, 2021

The exact steps vary from state to state, but let’s take a general look : Pre-foreclosure: As the name implies, a pre-foreclosure isn’t in foreclosure yet, but it’s on the way there. Usually, a home goes into pre-foreclosure after several consecutive months of missed mortgage payments, and the lender issues a notice of default.

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Pre-approval Short sale Banks Finance 96

Marco Santarelli

OCTOBER 3, 2023

The study, published on the scholarship-search site Scholaroo, has identified Fort Smith as the 11th most affordable city , while Little Rock closely follows 13th place in terms of housing affordability. Get pre-approved for a mortgage: Demonstrating financial readiness to sellers can enhance your credibility as a buyer.

Marketing 98

Marketing Pre-approval Days on market Commercial 98

Easy Agent Pro

SEPTEMBER 5, 2023

Carefully consider factors like inventory levels, average sale prices, and average days on the market before making decisions. Are there upcoming developments or infrastructure projects that could impact property values? Once you’ve established a budget, seek pre-approval from a reputable lender.

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Earnest money deposit Seller concession Purchase and sale agreement Pre-approval 76

Marco Santarelli

OCTOBER 4, 2023

The Newark housing market is currently in a competitive state, with a median sale price of $440,000 in August 2023. Low inventory: There is a limited supply of homes for sale in Newark, which is contributing to the competitive market. In 2022, there were over 1,800 homes sold in Newark, with a total sales volume of over $780 million.

Marketing 73

Marketing Due diligence Investor Pre-approval 73

Realtor.com

JULY 9, 2021

The couple lived in a third-floor apartment with their two children in a pre-war building they loved on Manhattan’s Upper West Side. We kept it in the pre-war style of the building, so we maintained its spirit, but everything is modern and new.”. That’s what Praneet Gill, chief strategy officer at a tech startup, and her husband did.

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Pre-approval Renovation Finance Construction 94

Realty Biz

AUGUST 3, 2023

Pre-Selling or Pre-Leasing Properties Investors dealing with properties that need refurbishing can use virtual renovations to showcase the potential of a space to prospective buyers or tenants. Virtual staging can make a property more attractive to potential buyers, often leading to quicker sales and potentially higher selling prices.

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Renovation Pre-approval Investor Construction 77

The Close

SEPTEMBER 10, 2020

The motivation of this first strategy is to gain clarity on the seller’s wants and needs, and also to develop rapport with the listing agent. Sellers want to work with buyers they can trust and experience a painless closing. What are their biggest concerns about the sale? It’s not just about the sales price.

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Home sale contingency Pre-approval Earnest money deposit Marketing 112

Toronto Realty Blog

NOVEMBER 13, 2023

Peter tells John, “I wanted to let you know that I am going to list the condo for sale.” The property is listed for sale and ends up selling after about three weeks. A week before closing, Bob the Buyer books the moving elevator in the building and provides a security deposit.

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Purchase and sale agreement Residential Closing Pre-approval 106

Redfin

JUNE 14, 2023

This affordability is evident through a median sale price of $361,000, which is below the national median of $407,415. Despite a decrease in housing demand, the median sale price continues to rise steadily, with a noteworthy 2.5% One aspect that makes this market particularly enticing is its affordability in comparison to other areas.

Pre-approval 57

Pre-approval Debt-to-income ratio Closing costs Title 57

Redfin

AUGUST 21, 2020

During your search, you may also find houses for sale by the owner (FSBO) or many more listed with a real estate brokerage. First, you’ll need a lender’s pre-approval for a mortgage to know the price range you can afford on a house. a copy of your pre-approval letter from your lender .

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Pre-approval Purchase and sale agreement Inspection Title 77

HomeLight

JUNE 28, 2021

Department of Housing and Urban Development , a government agency first created by President Lyndon B. HUD’s Office of Housing also includes the Federal Housing Administration (FHA), an agency that insures mortgage loans issued by FHA-approved lenders to protect against losses if a borrower defaults on a loan. Johnson in 1965.

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Pre-approval Pre-qualification FHA loan Inspection 92

Redfin

MARCH 25, 2021

With new listings of homes for sale down 17% from 2020 , for homebuyers, the days of ample choice and time are over, and it’s clear we’re in a strong seller’s market. . Get pre-approved for a home loan. It’s always wise to seek a mortgage pre-approval before you start searching for a house.

Pre-approval 70

Pre-approval Debt-to-income ratio Marketing Mortgages 70

Realtor.com

JANUARY 2, 2023

“It’s true, on the average, that new homes of similar sizes historically outprice pre-owned by about 16%,” says Stephen Haines , president of Artisan Built Communities. “Depending on the age of the pre-owned homes, one should understand the remaining life expectancy of these components,” says Haines.

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New Construction Construction Pre-approval Inspection 105

Marco Santarelli

DECEMBER 24, 2023

Rising Values and Rapid Sales: One of the most striking features of the Del City housing market is the rapid appreciation of home values. According to Redfin, the median sale price in Del City has soared 9.68% year-over-year, reaching $126K. For Sale Inventory (November 30, 2023): 57 homes available for purchase.

Marketing 52

Marketing Investor Pre-approval Development 52

Housing Wire

MAY 8, 2023

announced on Monday that it has integrated its next-generation point of sale system, The BIG Point of Sale, on the latest API Platform available through ICE Mortgage Technology , a division of Intercontinental Exchange, Inc. is a fintech software and hardware company that designs, develops, and integrates web-based solutions.

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Technology Sales Mortgages Pre-approval 326

Windemere Selling

SEPTEMBER 18, 2019

Alert the credit bureaus if you see any mistakes, fix any problems you discover, and don’t apply for any new credit until after your home loan closes. #2 Pre-approval lets sellers know you’re serious. Most importantly, pre-approval will help you determine exactly how much you can comfortably afford to spend. #3

Pre-approval 52

Pre-approval Principal Closing costs Inspection 52

Marco Santarelli

OCTOBER 19, 2023

According to Redfin , there were 1,510 homes for sale in Akron in September 2023, down from 1,835 homes in September 2022. Tips for Buyers in the Akron Housing Market Get pre-approved for a mortgage before you start shopping for a home. Median Sale to List Ratio As of August 31, 2023, the median sale to list ratio is 1.007.

Marketing 91

Marketing Investor Due diligence Pre-approval 91

Toronto Realty Blog

JANUARY 22, 2021

Last week, when our in-house legal counsel told us about a recent ruling with respect to the developers of Museum FLTS , I said this aloud. Let’s rewind… Back in October of 2017, a pre-construction, stupidly-named “Museum FLTS,” was cancelled. Often under my breath, or often to somebody I’m talking to.

Purchase and sale agreement 54

Purchase and sale agreement Pre-approval Development Construction 54

HomeLight

SEPTEMBER 15, 2022

Once you’ve made the decision to sell your house, you likely have two main goals: to complete the sale as quickly as possible and to hit that magic number when it comes to price. Experienced investors and developers are often present at these trade-offs, making it easier to deal with problem properties,” he says.

Pre-qualification 85

Pre-qualification Pre-approval Investor Agents 85

Kyle Handy

MAY 3, 2023

Analyze factors like: Market growth Market saturation Local property values Employment rates Infrastructure development Population demographics By analyzing local market trends, you can identify areas with potential growth or areas that are becoming overly saturated. Listen actively, taking the time to understand their concerns and needs.

Development 68

Development Design Industrial Agents 68

The Close

FEBRUARY 20, 2024

This phenomenon means there are fewer buyers than there are homes for sale. You can expect quicker sales and potentially rising prices due to high competition and scarce supply. A seller’s market will have few homes for sale and plenty of buyers scrambling to make an offer. When supply exceeds demand, we see a buyer’s market.

Marketing 91

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

Housing Wire

DECEMBER 29, 2023

With so many approved, online options to choose from, we’ve pinpointed the best online real estate courses in New York using criteria that matter most to you: flexibility to fit your schedule, a price that fits your budget, and a course that’ll prepare you to ace the exam and start your new career with confidence and industry savvy.

Pre-approval 408

Pre-approval Agents Development Technology 408

The Close

AUGUST 10, 2023

A well-written real estate buyer questionnaire helps agents establish their credibility and build the rapport they need to develop relationships with them. Here’s an example pitch you can use in a pre-meeting email or text message: copy to clipboard Hi {lead’s name}, Before we have coffee tomorrow, please review the attached questionnaire.

Agents 75

Agents Pre-approval As-is Finance 75

HomeLight

APRIL 27, 2022

If you’ve thought that selling your home is as easy as slapping a “for sale” sign in your yard, then this is the book for you. HomeLight’s Simple Sale platform allows clients to sell without additional repairs, prepping their home for listing, or showings. Here are some sources to get you started. Request Offer.

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Investor Pre-approval Agents As-is 102

RIS Media

MARCH 25, 2022

What is clear is that a lack of inventory stemming from stalled new development is setting the industry up for continued disruption. In Northern New England, the spring selling season typically kicks off in March, but with only 30 days of supply, there aren’t enough homes to create a seasonal sales “spike” this year. Get pre-approved.

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Pre-approval Inspection As-is Principal 98

Housing Wire

JANUARY 27, 2023

The lender runs its business based on a “no-loan-officer” model in which all of its 45 employees are licensed and delegated to a specific role in closing a loan. Under the revamped mode, business development officers build relationships with real estate agents to get leads and client advisors take incoming leads from borrowers.

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Lending Loans Pre-approval Loan Officer 388

HomeLight

AUGUST 16, 2021

Sometimes you’ll even find grants to help you with closing costs and down payments. Source: (LinkedIn Sales Solutions / Unsplash). Our America’s Home Grant program offers credits for closing costs, and Our Down Payment Grant covers down payments. Sound great? Sure it does! Step 1: Make sure you qualify. USDA loans.

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Loans VA loan FHA loan Purchase and sale agreement 95

HomeLight

AUGUST 20, 2021

You think your house sale is all wrapped up — but you’re not done yet. The appraisal is a crucial step in the closing process; your home must appraise for equal to or more than the sale price for the buyer’s lender to approve their mortgage. Pre-1978 did not require any corner sheer panels.

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FHA loan Inspection Pre-approval Loans 105

Toronto Realty Blog

JUNE 21, 2021

From BillionBricks.Org: In Singapore, all public housing estates are planned by the government under the Housing Development Board (HDB). Previously you could get 104% to cover closing costs, but this was phased out last year. You don’t get mortgage pre-approvals – just an estimated ceiling. Houses doing get staged.

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Pre-approval Construction MLS As-is 105

HomeLight

JANUARY 29, 2021

According to the National Association of Realtors, in 2020, only 8% of sellers sold their home For Sale By Owner , and less than 2% of sellers sold their home to a home buying company or iBuyer. We consulted two real estate attorneys and a top agent for insight on how sellers pull off an agent-free home sale.

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Inspection MLS Staging Agents 63

Redfin

JUNE 21, 2023

Learning from experienced investors can vastly build your understanding of how it works, beginning with market research and ending with either the sale or signing a tenant in your new rental. In May 2020, the median sales price was $234,000; as of May 2023, the median sales price equals $350,000 (nearly a 50% increase YOY).

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Due diligence Earnest money deposit Investor Inspection 57