Toronto Realty Blog

AUGUST 2, 2023

TorontoRealtyBlog In my life, I have sold and closed on two properties that were a “primary residence,” and both times, I decided to welcome the new buyer with a kind gesture. On Monday, we talked about the nonsense that buyers often have to go through upon closing. That takes a special type of a **e to pull that off.

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Closing Sales Purchase and sale agreement Agents 76

HomeLight

NOVEMBER 1, 2021

This means understanding which fees you’ll be responsible for when the sale closes. To better understand which closing costs are applicable to home sellers in Kentucky, we talked to Maggie Terry, a real estate agent for Keller Williams Realty in Louisville East. What are closing costs? Kentucky seller closing cost overview.

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Closing costs Closing Purchase and sale agreement VA loan 78

Toronto Realty Blog

JUNE 3, 2022

I had a tough week for closings. Really tough… First, I visited a property the day before closing with clients, only to find the house was still full of junk. Oh – and on the day of closing, they happened to be walking their dog by the house, and guess what? Still packing… Tough, tough week for closings!

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Closing Purchase and sale agreement Sales As-is 81

HomeLight

JANUARY 3, 2024

It means the buyer and seller have agreed to the terms of the contract, such as the price, the closing date, the personal property, the earnest money, tax preparation, and contingencies.” “‘Under contract’ is more or less a meeting of the minds,” says Julie H. Kaczor , a top-selling agent from Illinois with 30 years of experience. “It

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Purchase and sale agreement Earnest money deposit Inspection contingency Pre-approval 108

RIS Media

MAY 19, 2021

However, this is just the start with many things to do before the status changes to “Closed.” ” There are other statuses in the MLS listings like “Pending,” “Contingent,” “Coming Soon” and “Expired.” The most common contingency is the home inspection contingency.

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Purchase and sale agreement Earnest money deposit Inspection contingency Home sale contingency 98

Realty Biz

OCTOBER 31, 2023

List in MLS Only For sellers who would like to save money potentially, there is the DIY option. Rather than using a full-service brokerage, you can hire a company that will do not much more than place your home in the MLS. Moreover, an MLS-only real estate company is responsible for accurately and comprehensively listing properties.

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MLS Sales Inspection Agents 83

HomeLight

MAY 8, 2024

Real estate attorneys are not considered essential for closing in the state of Louisiana Real estate transfer taxes? These companies can help sellers cash out quickly, and many will cover a seller’s closing costs. No Is a real estate attorney required? increase over the year prior.

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As-is Inspection Finance Residential 100

HomeLight

APRIL 28, 2023

We’ll also provide a comprehensive overview on the full process to prep, market, and close on your home without the assistance of a real estate agent. Real estate attorneys are not considered essential for closing in Texas. That 6% is deducted from the seller’s proceeds at closing. Unsure about selling FSBO in Texas?

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Purchase and sale agreement Inspection Title Inspection contingency 88

Keeping Current Matters

DECEMBER 30, 2020

The inspection company, which works for the buyer and will almost always find challenges with the house. You need someone who’s working with lenders every day to guarantee your buyer makes it to the closing table. The buyer’s agent, who solely represents the best interest of the buyer. The appraiser, if there is a question of value.

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MLS Agents Inspection Mortgages 281

HomeLight

JANUARY 3, 2023

We’ll also provide a comprehensive overview on the full process to prep, market, and close on your home without the assistance of a real estate agent. Real estate attorneys are not considered essential for closing in Colorado. That 6% is deducted from the seller’s proceeds at closing. Real estate transfer taxes: 0.01%.

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Purchase and sale agreement Inspection MLS Inspection contingency 108

Realty Biz

MAY 8, 2023

Investing in real estate is not as simple as going to the MLS and finding what you want, as competition for housing is fierce in many cities. Non-market decision The Multiple Listing Service (MLS) does not list all properties for sale. MLS listing must be consulted. You may see features marked "Coming Soon" in the MLS.

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Marketing MLS Inspection Investor 98

Keeping Current Matters

OCTOBER 12, 2020

The inspection companies, which work for the buyer and will almost always find challenges with the house. You need someone who is working with lenders every day to guarantee your buyer makes it to the closing table. The buyer’s agent, who solely represents the best interest of the buyer. The appraiser, if there is a question of value.

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Agents MLS Inspection Mortgages 275

HomeLight

JANUARY 10, 2023

We’ll also provide a comprehensive overview on 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. FSBO sellers in California may consider getting a home inspection prior to listing their home for sale.

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Purchase and sale agreement Natural hazards disclosure Inspection Title 101

Realty Biz

MAY 18, 2023

Their role includes marketing the property, listing it on appropriate platforms, coordinating showings, negotiating on behalf of the seller, and facilitating the sales process until it closes. Closing the Sale: They represent the seller during the closing process, which may include reviewing contracts and attending the closing meeting.

Agents 80

Agents MLS Inspection Closing 80

HomeLight

MARCH 31, 2022

We’ll also provide a comprehensive overview on the full process to prep, market, and close on your home without the assistance of a real estate agent. Real estate attorneys are not considered essential for closing in the state of Florida. That 6% is deducted from the seller’s proceeds at closing. Get Estimate.

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Purchase and sale agreement Inspection Title MLS 102

Real Trends

OCTOBER 5, 2022

Have your seller contribute $10,000 toward the buyer’s closing costs. This is paid at settlement and flows through the title agency or attorney closing the transaction. Again, this would be paid from the seller’s proceeds at closing. This would be paid at closing by the seller. Always get feedback.

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MLS New Construction Closing Closing costs 99

HomeLight

MARCH 31, 2022

We’ll also provide a comprehensive overview on the full process to prep, market, and close on your home without the assistance of a real estate agent. Real estate attorneys are not considered essential for closing in the state of Arizona. That 6% is deducted from the seller’s proceeds at closing. Real estate transfer taxes? $2

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Purchase and sale agreement Inspection MLS Inspection contingency 101

HomeLight

JANUARY 22, 2024

Skip repairs and close in as few as 10 days. Real estate attorneys are not considered essential for closing in the state of Virginia Real estate transfer taxes? These companies can help sellers cash out quickly, and many will cover a seller’s closing costs. Yes Is a real estate attorney required? increase over the year prior.

As-is 101

As-is Inspection Renovation Equity 101

HomeLight

NOVEMBER 9, 2021

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. It generally takes a couple of days to come to an agreement with a buyer and as few as 10 days to close. Market conditions at the time you sell.

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Purchase and sale agreement Home sale contingency Title search Inspection 97

Broke Agent Media

MARCH 30, 2023

The PHSI is based on contract signings, which typically precede a closing by one to two months. Though the duration can vary widely, signings are generally a good early indicator of an eventual sale closing. Sales are considered pending when the contract has been signed but the sale hasn’t yet closed.

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Sales Loans Closing MLS 98

McKissock

MAY 17, 2023

When making appraisal adjustments, examine the quality of your data and remember that any quality ratings in your county records or MLS are not always reliable. Sources of data A lot of the time, you’re using MLS data. Are you actually closing the gaps between the comps? Photographs, too, are often priceless.

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MLS Sales Inspection Construction 79

Easy Agent Pro

FEBRUARY 22, 2022

Set the closing date for at least 60 days in the future. Naturally, your first stop will be the active listings on the MLS and keywords to help you find these homes. The wise buyers’ agent will let their clients know that the inspector will only inspect visible areas. These might include: Wood destroying pest inspection.

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Inspection Renovation Loans Agents 106

Fancy Pants Homes

JANUARY 9, 2022

Image credit: MLS. Currently, the deal hasn’t gone through, with industry sources reporting that the house is still in escrow, pending inspection and other formalities. Once the sale closes, Adele will be the proud owner of the most expensive house in the exclusive Beverly Park enclave. Image credit: MLS.

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MLS Design Inspection Title 105

HomeLight

DECEMBER 31, 2023

Fast facts about selling a house ‘as is’ in Arizona Median sales price in Arizona $430,990 Average days on market (DOM) for Arizona 56 Disclosures Arizona law requires sellers to disclose material facts about the property through the Residential Seller’s Property Disclosure Statement (SPDS) MLS has a field to mark a listing “as is”?

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As-is Inspection Finance Loans 95

Real Trends

MARCH 22, 2023

Negotiation happens not only when the offer is made, countered and hopefully accepted, but also during home inspections, appraisals, commission collection and many other times before your clients finally make it to the closing table. Were there inspection or appraisal issues? Was it a pending sale that returned to the market?

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Inspection Agents New Construction Closing costs 77

The Close

FEBRUARY 14, 2024

After all, a new listing on the MLS gets the most attention in the first week. Selling a home is the same—it’s not just a sign in the yard and a posting on the MLS. Plus, consider the fact that if an issue arises during the inspection, they can offer a credit to keep the deal moving forward. Then interest starts to taper off.

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Pre-approval Earnest money deposit MLS Renovation 98

RIS Media

MAY 12, 2022

MLS data must be made available (to everyone who pays) and consumers ostensibly can view every available house, with sellers marketing to every buyer, and buyers able to peruse every available home. still gets entered into the MLS,” she says. still gets entered into the MLS,” she says.

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MLS Brokerage Inspection Agents 91

Realty Biz

JUNE 27, 2023

A listing agent will have access to multiple listing services (MLS) , which enables them to showcase the property to a vast network of potential buyers and fellow real estate professionals. They work closely with sellers, buyers' agents, and escrow companies to meet all legal and contractual obligations.

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Agents Due diligence Closing Sales 88

Realty Biz

SEPTEMBER 14, 2021

In other locations, the sale may be referred to as being contingent in the multiple listing service (MLS). Before finalizing the deal, certain conditions ( like a completed property inspection) must take place. FINANCING: Allowing the purchaser to secure their mortgage before the home sale closes.

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Backup offer Purchase and sale agreement Inspection Sales 124

HomeLight

AUGUST 30, 2021

In this expert-backed guide, we’ll walk you through the process of getting into a rent-to-own home as a buyer — step by step, from learning about how the process works to closing on that new home. To that end… Step 5: Order the inspection. As a renter, you typically wouldn’t do any formal inspection as part of your contract.

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Purchase and sale agreement Inspection Inspection contingency Closing costs 103

Point2Homes

DECEMBER 8, 2020

However, before the sale can go to closing, certain contingencies must be met. These clauses are defined in the sales contract and often have to do with home inspections, mortgage approvals and appraisals. As such, it’s essential for both buyers and sellers to understand how a home inspection works. Contingent Statuses.

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Purchase and sale agreement Backup offer Home sale contingency Short sale 145

CT Homes

SEPTEMBER 29, 2020

Your first offer may not be your best, but it should be pretty close. Regardless of price sellers want to be assured that your offer will actually close. Closing Terms. All things equal sellers will likely choose the offer with the strongest closing terms. Instead of closing in 45 or 60 days you can close in 21.

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Earnest money deposit Pre-approval Inspection Finance 103

HomeLight

FEBRUARY 27, 2021

Some direct buyers do not conduct a home inspection. If you plan to go the traditional route and list your home on the MLS with the help of an agent, you’ll be in the large majority of sellers. NAR reports that 91% of sellers listed their home on MLS, and 89% of sellers worked with an agent in 2020.

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MLS Agents Staging Pre-approval 103

HomeLight

JANUARY 29, 2021

Pros: You can sometimes avoid home inspection delays. Inspection issues account for 16% of closing delays , according to the National Association of Realtors. If you sell your home as-is to a cash buyer, they may not require you to complete repairs the home inspection deems necessary. Money and blood don’t mix.

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Inspection MLS Staging Agents 68

RIS Media

DECEMBER 8, 2020

It’s a long road from listing to close, and the pandemic has only made things more difficult. The post-transaction period typically includes opening escrow, ordering title insurance, securing financing and home appraisals, getting a home inspection, closing the deal, and, ultimately, moving into the new home.

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MLS Brokerage Agents Inspection 84

The Close

FEBRUARY 6, 2024

Ensure Your Client Has Loan Pre-approval Many sellers are anxious to get to the closing table quickly, which drives many to cash buyers , even for a lower price. For example, many agents ask sellers to cover closing costs for their buyer clients. That could be a pretty sizable chunk of money from the seller’s profit.

Pre-approval 75

Pre-approval Earnest money deposit Inspection Inspection contingency 75

Realty Biz

SEPTEMBER 28, 2022

That is a main reason why most lenders require an inspection of the property before they lend the money. They will then request an inspection. And if you do get an offer, they may require you to replace the roof before close. You do not have to spend money on inspections and other fixes. They may close within 14 days.

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Purchase and sale agreement Inspection Investor Closing costs 75