HomeLight

APRIL 29, 2021

An ample supply (lots of homes for sale) and limited demand (fewer buyers) leads to a buyer’s market. Conversely, lack of supply (fewer homes for sale) and abundant demand (lots of buyers) results in a seller’s market. It can affect: How you prepare your home for sale. Too few resale homes for sale. Home prices rise.

Marketing 109

Marketing Sales Agents Construction 109

HomeLight

OCTOBER 1, 2020

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.

Purchase and sale agreement 84

Purchase and sale agreement Short sale Rent back Sales 84

HomeLight

JANUARY 4, 2022

While that still happens in scenarios where a seller can’t afford repairs or is facing serious issues with a property, cash sales have expanded beyond the distressed homes market, as sellers benefit from new technologies, instant sale platforms , and a competitive housing environment that has increased the percentage of cash offers.

Investor 98

Investor Finance Inspection Sales 98

HomeLight

AUGUST 26, 2021

make a counter-offer (asking for a higher price, different dates on the closing timeline, or different terms or conditions, perhaps), or reject your offer — you will have to start over and make an entirely new offer if you still want this house. You might not hear back at all, that said! It’s a foreclosure or short sale.

Short sale 104

Short sale Banks Agents Rent back 104

HomeLight

APRIL 21, 2022

After listing your home for sale, you eagerly, nervously … anxiously await the news that someone wants to buy it. 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. Eventually, the call comes.

Inspection contingency 105

Inspection contingency Home sale contingency Pre-approval Agents 105

HomeLight

NOVEMBER 10, 2021

They’ll know whether offering a rent-back period could sweeten the deal, or if it’s more common to pay seller closing costs. Many automated valuation models lag actual sales data and could be outdated. You’re getting a feel for the market, and that quick sale just told you it’s probably a good area.

Inspection 85

Inspection Title Pre-approval Agents 85

HomeLight

DECEMBER 15, 2022

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. They may already be feeling emotional about selling a childhood home , or there could be disputes about the sale proceeds. Pre-foreclosure or short sale transactions.

Inspection 87

Inspection Closing Rent back Agents 87