HomeLight

DECEMBER 30, 2023

You may be building an online watchlist of homes you’re interested in seeing, but then you notice a label tagging your favorite property listing as “under contract” or “sale pending.” In this post, we’ll explain terms like “under contract,” “sale pending,” and “active under contract” and how they might impact your home-buying journey.

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Home sale contingency Purchase and sale agreement Inspection contingency Inspection 96

The Close

JUNE 4, 2024

Once a listing agreement is signed, you are responsible for listing the home for sale. Once a rate is agreed upon, both parties sign the listing agreement, which also acts as the compensation agreement. Buyer’s Agent The buyer’s agent helps potential homebuyers find a property to purchase.

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Agents Purchase and sale agreement Commercial Title 70

Realtor.com

DECEMBER 6, 2021

You still have a marathon to finish before getting to the closing table. “And find out if and how they would want to handle the sale to a buyer found by the seller,” says Sylvia Jonathan , an agent at Coldwell Banker Platinum Properties in Irvine, CA. Watch: 5 Things to Do Before Listing Your Home for Sale.

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Purchase and sale agreement Agents Title Closing 116

Realty Biz

MARCH 28, 2022

A contingent sale just means that some details still need to be worked out. The home inspection and the appraisal are the most common. National Association of REALTORS ® (NAR) statistics from 2021 say that only about 5% of sales fall through. Another common contingency is the home inspection. Answer: Hello Curt.

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As-is Purchase and sale agreement Debt-to-income ratio Sales 82

HomeLight

JANUARY 3, 2023

Year-over-year, monthly sales in the Phoenix metro area were down nearly 25%. Often, the decision to go for sale by owner (or, “FSBO”) is motivated by a desire to save on agent commissions. Once you’ve seen what’s required, you can roll up your sleeves and get started with your FSBO sale in Colorado.

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Purchase and sale agreement Inspection MLS Inspection contingency 93

Realty Biz

SEPTEMBER 23, 2023

They provide services such as guiding buyers through the home buying process, offering expertise in the local market, and assisting with negotiation and closing. Buyer agents can provide valuable support in various situations, such as buying a new home or purchasing a foreclosure. What is a Buyer's Agent Agreement?

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Purchase and sale agreement Pre-approval Agents Pre-qualification 73

Realtor.com

JANUARY 12, 2021

When is a sale a sale? It is absolutely critical that, as a seller, you understand the purchase agreement and any counteroffers you sign. “Read the agreements to find out if you have any outs in the contract,” says Meyers. The process is not really over until escrow closes,” Zuetel says.

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HomeLight

JANUARY 10, 2023

With such impressive sales figures, some sellers may be curious about how to sell a house by owner in California — a decision that could help them save on agent commissions. Often, the decision to go for sale by owner (or, “FSBO”) is motivated by a desire to save on agent commissions. Fast Fasts for Selling a House in California.

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Purchase and sale agreement Natural hazards disclosure Inspection Title 85

HomeLight

APRIL 28, 2023

When the time comes to move, some tenacious homeowners in Texas are eager to take over the reins of their home sale and figure out how to sell a house by owner. Often, the decision to go for sale by owner (or “FSBO”) is motivated by a desire to save on agent commissions. That 6% is deducted from the seller’s proceeds at closing.

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HomeLight

MARCH 31, 2022

price increase , pushing median sale prices to upward of $350,000. With such impressive sales figures, some sellers may be curious about how to sell a house by owner in Arizona — a decision that could help them save on agent commissions. Median sales price: $449,900 (Feb. 2022 , a 28.5% increase from the year. Request Estimate.

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Purchase and sale agreement Inspection MLS Inspection contingency 84

HomeLight

MARCH 31, 2022

Early 2022 data from Florida Realtors® indicates a 23% increase in median sales price and a 33.3% With such impressive sales figures, some Florida sellers may be curious about how to sell a house by owner in Florida — a decision that could help them save on agent commissions. Average home sale price in Florida: $530,419 (Jan 2022).

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Purchase and sale agreement Inspection Title MLS 85

HomeLight

OCTOBER 17, 2022

HomeLight’s free Agent Match platform can connect you with a top-performing agent in your market who can help you navigate your entire home-selling journey — from disclosures to closing. Before entering into a purchase agreement, the seller must inform the buyer of any known lead-based paint hazards in the home. Find Agent.

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Realty Biz

SEPTEMBER 28, 2022

That is a main reason why most lenders require an inspection of the property before they lend the money. Most states mandate that homeowners fill out a residential disclosure form which includes specific disclosures about the roof. The appraiser will notice this form along with the purchase agreement.

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Purchase and sale agreement Inspection Investor Closing costs 75

Realty Biz

JULY 19, 2022

This article might be premature because across most of the country home sales continue happening rapidly. Many of these will be new investors that don’t have experience with the pre-foreclosures, short sales, and foreclosures, that occurred during the Great Recession. properties with a foreclosure filing. This becomes REO.

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Purchase and sale agreement Short sale Loans Inspection 101

The Residential Specialist

MARCH 16, 2022

Clients count on their real estate professional to give them the information to help them make the best decision in their real estate purchases. Things like appraisal-gap clauses, waiving of inspections and non-refundable deposits have become more common, but provide less protection for a buyer in the purchase of a home.

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Purchase and sale agreement Inspection Agents Technology 52

CT Homes

OCTOBER 30, 2020

Being aware of of these slight differences and knowing what to expect next in the transaction will help you plan, manage expectations, and clear potential hurdles for an easy closing. To attract attention to your property, you could post a FSBO (For Sale By Owner) listing on Zillow or similar website. Inspections.

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Earnest money deposit Purchase and sale agreement Inspection Inspection contingency 52

CT Homes

OCTOBER 30, 2020

Being aware of of these slight differences and knowing what to expect next in the transaction will help you plan, manage expectations, and clear potential hurdles for an easy closing. To attract attention to your property, you could post a FSBO (For Sale By Owner) listing on Zillow or similar website. Inspections.

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Earnest money deposit Purchase and sale agreement Inspection Inspection contingency 52

Realty Biz

JANUARY 12, 2021

It’s about working with a professional agent to narrow your search and help you navigate through the purchase process. Once you have an offer accepted, a whole new set of people start looking at the agreement to see if they approve. Although the professional inspection is for your peace of mind, your lender can refuse to accept it.

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Purchase and sale agreement Pre-qualification Pre-approval MLS 69

Redfin

APRIL 13, 2022

Simply put, a rent-to-own home is a residential property that you agree to live in as a rental for a set number of years with the option to purchase the house at the end of the rental term. With most rent-to-own agreements, the renter pays an additional monthly payment that goes toward the down payment. a mortgage).

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HomeLight

MARCH 23, 2021

According to the National Association of Realtors®, 88% of homebuyers purchased their home in 2020 through a real estate agent , and for good reason. Certified Residential Specialist (CRS) – Agents trained and knowledgeable in residential sales and how to get the most out of a home purchase.

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Agents Purchase and sale agreement Inspection MLS 91

HomeLight

APRIL 11, 2023

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. However, the initial offer is typically subject to change after they have inspected your home. They usually present a take-it-or-leave-it sale price.

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Marco Santarelli

SEPTEMBER 6, 2023

Financial Planning: Assessed land value is a critical factor when planning the financial aspects of a land investment, including budgeting, financing, and setting a reasonable purchase price. Negotiation Skills: Your negotiation skills and ability to reach a mutually beneficial agreement with the seller can impact the final purchase price.

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Land Purchase and sale agreement Investor Due diligence 52

HomeLight

DECEMBER 1, 2022

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. However, the initial offer is typically subject to change after they have inspected your home. They usually present a take-it-or-leave-it sale price.

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Purchase and sale agreement Closing costs Closing Investor 72

HomeLight

FEBRUARY 16, 2023

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. However, the initial offer is typically subject to change after they have inspected your home. They usually present a take-it-or-leave-it sale price.

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Purchase and sale agreement Closing costs Closing Agents 74

HomeLight

MAY 27, 2021

And while you understand that a home inspection and appraisal are integral to selling your house, it’s easy to forget how these processes work. Costa is also the author of “ What Every Realtor Should Know About Home Inspections: A Guide to Avoiding Traps and Common Mistakes ”. What is a home inspection?

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Inspection Purchase and sale agreement Pre-approval Loans 97

HomeLight

FEBRUARY 2, 2022

While serious structural defects are rare , when red flags pop up, general home inspectors often refer buyers and sellers to professionals, like structural engineers, who can conduct further specialty inspections. “A In this comprehensive guide, we’ll answer all the hows, whens and whys of structural inspections. A home inspection.

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HomeLight

MARCH 31, 2022

Selling a home costs money, and you’ve got to factor in all the costs to get an accurate estimate of what your take-home amount will be once the sale is complete. Enter the seller’s net sheet, a document that estimates how much cash you can expect to walk away with after subtracting fees and expenses from the sale price of your home.

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Closing Purchase and sale agreement Title Title search 98

RIS Media

SEPTEMBER 20, 2021

Robertson faulted a homebuyer and their agent after they discovered significant flooding on a newly-purchased property, saying they “failed to act diligently” by doing more research or observing land conditions before making an offer. Georgia has no codified or statutory mandatory disclosures for flooding. HAWAII — GRADE: D.

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Design Purchase and sale agreement Agents Inspection 109

HomeLight

MAY 23, 2022

HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. Skip repairs and close in as few as 10 days. Median sales price in North Carolina. Real estate attorneys are considered essential for closing in the state of North Carolina. Sell 'As Is' With a Cash Offer. Disclosures.

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As-is Purchase and sale agreement VA loan Inspection 81

HomeLight

MAY 23, 2022

HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. Skip repairs and close in as few as 10 days. Median sales price in Indiana. Indiana law requires sellers to disclose material facts about the property through the Seller’s Residential Real Estate Sales Disclosure.

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As-is Purchase and sale agreement Inspection Closing costs 91

HomeLight

FEBRUARY 9, 2023

If you’re preparing to sell a house in the state of New York , it’s important to understand what you’re required to disclose, what must be fixed or addressed before listing, and how disclosure laws could impact or impede the sale process. When selling a residential property in the U.S., When selling a residential property in the U.S.,

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Purchase and sale agreement Inspection Residential Agents 78

HomeLight

JANUARY 13, 2022

In May 2020, 76% of closed sales contained purchase contingencies, a survey from the National Association of Realtors® (NAR) found. Common contingencies include issues with appraisals, home inspections, or the buyer’s home sale. A pending home will be sold and taken off the market as soon as the sale is finalized.

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HomeLight

SEPTEMBER 27, 2021

With a stellar offer in hand, you’re relieved to have the bulk of your home sale behind you. There are several steps ahead that could impact your ability to close, including the home appraisal. Unfortunately, appraisal issues aren’t so rare — especially in a hot seller’s market where bidding wars drive up sale prices.

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Purchase and sale agreement Inspection Residential Loans 141

HomeLight

JULY 25, 2022

HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. Skip repairs and close in as few as 10 days. Median sales price in Texas. Real estate attorneys are not considered essential for closing in the state of Texas. Sell 'As Is' With a Cash Offer. Request Cash Offer.

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As-is Purchase and sale agreement Inspection Investor 91

Norada Real Estate

JUNE 22, 2022

But having said that, turnkey real estate investing does require a lot of research, planning, and hard work to make the purchase a sound investment. However, a good aspect concerning purchasing a turnkey property in 2018 is that it removes a great deal of the diligent work required when needing to get into rental property investment.

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Purchase and sale agreement Inspection Property Management Title 94

HomeLight

JULY 28, 2022

HomeLight’s Simple Sale platform provides full cash offers for homes in almost any condition nationwide and in Connecticut. Get an offer in as few as 48 hours and close in as little as 10 days. We Buy Houses companies in Connecticut typically promise quick, all-cash offers and ultra-fast closings, often in as few as seven days.

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Closing costs Purchase and sale agreement Residential Closing 75

HomeLight

AUGUST 12, 2022

On the flip side, some buyers in today’s seller’s market are trying so hard to compete that they submit an as-is offer indicating their willingness to purchase the property without expecting the seller to make changes. HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition.

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As-is Purchase and sale agreement Investor Closing costs 87