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Thinking About Writing a Love Letter to the Seller of Your Dream Home? It’s Not Always a Good Idea

HomeLight

Explaining why you want the house — you love the neighborhood, or it’s close to the grandparents — helps sellers visualize someone else living in their old home. Pre-foreclosure or short sale transactions. Someone facing a foreclosure or who has negotiated a short sale with their lender could have a very negative reaction.

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Buyers: Here’s Your Negotiation Strategy for When the Appraisal on a House Comes in Low

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If the appraiser only looked at sold listings while there are pending sales that might be more comparable to your would-be property, that’s something else that can affect a home’s appraised value. Short sales in the neighborhood . In some cases, short sales may be to blame for a low appraisal.

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Do I Accept the First Offer on My House, or Wait and See?

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Cash vs. financing : Cash offers usually result in a faster sale than mortgage-backed offers; if speed is an important aspect of the sale, this could make a significant difference. If you accept it, your sale can close in as few as 10 days, often concluding with a moving date of your choosing. Transactions.

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Sell Your House for Cash: For Some, the Convenience Can’t Be Beat

HomeLight

According to a Q3 2021 study by ATTOM Data Solutions, all-cash home sales are at their highest level since the first quarter of 2015, with 34% of all single-family homes and condos purchased without financing. “In These people may offer close to full list price, since they aren’t trying to make a profit on the property,” he says.

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Seller’s vs. Buyer’s Market: A Seller’s Guide to Decoding Market Conditions

HomeLight

The 13-year industry veteran has a track record for selling homes fast — her listings close 65% quicker than the average Philadelphia agent. Federal Housing Financing Agency (FHFA). For example, in 2017, a competitive housing market in Western Washington prompted “serious buyers” to waive home inspections and financing contingencies.

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