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. How Buyer Agents Get Paid Buyer agents are typically compensated through a commission fee, a percentage of the property's final sale price. How do you handle multiple offers?

Purchase and sale agreement 73

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

HomeLight

SEPTEMBER 20, 2022

Short sales can provide an excellent opportunity for potential homebuyers to score a good deal. If you’re in the market to buy a short sale home, you’ll need to prepare for a lengthy closing process and steel yourself to jump through some hoops not generally associated with traditional sales.

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Short sale Sales Pre-approval Equity 84

Realty Biz

NOVEMBER 18, 2021

Most BPOs also provide information about 3 comparable property sales and 3 comparable listings. One of the few times that a lender will use a BPO instead of requiring an appraisal is for a short sale. Bank-owned property sale of a foreclosed property. A homeowner going the route of ‘For Sale By Owner.’

Short sale 111

Short sale Inspection Loans Banks 111

HomeLight

JULY 31, 2022

Here are some options for pulling a successful sale, regardless of where you stand on your mortgage. This minimum equity ensures that you’ll have the funds for necessary home sale expenses (such as staging , repairs , and closing costs ), plus some leftover profit to put towards your next down payment or security deposit.

VA loan 69

VA loan Purchase and sale agreement Short sale Pre-approval 69

Realty Biz

MAY 22, 2022

A Short History of ARMs. Adjustable-rate mortgages were a significant contributing factor to the Great Recession foreclosures and short sales. Chances are that it will be close to the same as the ARM. People that couldn’t pay their mortgages were losing their homes to foreclosure and short sales.

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Short sale Loans Mortgages Equity 90

The Close

DECEMBER 19, 2022

Maybe the market is sluggish or sales are plateauing. Chances are these people will buy or sell again, so keeping in close contact with them is key to making more money as a real estate pro. 9 Skills Agents Need to Work With Investors & Close 50-100 Deals a Year. Are short-term rentals popular in your town?

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Agents Investor Property Management Development 105

HomeLight

JUNE 23, 2023

So you can bet the court will keep a close eye on what’s usually an estate’s largest asset: the house. When you’re selling property in probate, it’s especially critical to hire a listing agent with experience handling probate sales and who’s familiar with the probate processes of your state. Why does that matter?

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Probate sale Agents Sales Closing 90

Realty Biz

OCTOBER 11, 2021

Every investor is aware of, and many specialize in one of these sources of investment properties: foreclosures, REO, short sales, divorces, fire damage, damaged foundations, hoarders, and other distressed properties. Be Sensitive to Heirs But Some Don’t Care About the Sales Price. Please leave a comment.

Investor 93

Investor Probate sale Short sale Closing 93

Windemere Selling

NOVEMBER 8, 2021

They are specially trained to work with buyers through every step of the home-buyer process from mortgage to closing. A CPM® is specially trained to manage your residential or commercial property on your behalf. Accredited Buyers Representative® ( ABR® ): If you are a first time homebuyer you may want to find an ABR® designated agent.

Design 52

Design Commercial Short sale Land 52

Realty Biz

AUGUST 4, 2020

This is the first step that many house sellers take when they are ready to list the house for sale. For Sale By Owner. This can avoid the sales commission altogether but it has risks. You need to have a clear understanding of the entire sales process including all requirements unique to your location. Rent the house out.

Equity 59

Equity Short sale Investor Title 59

The Residential Specialist

JUNE 30, 2021

But it’s not material to the sale and probably should not be disclosed. After all, clients are motivated to move, and the sale could result in two separate buyers. But beware of being overly eager to close the deal. “A Thompson compares the toughness of divorce listings to short sales. No, they don’t.

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Agents Bankruptcy Sales Short sale 98

Realty Biz

MARCH 21, 2023

Miami-Dade $1-million-and-up transactions surged triple digits versus pre-pandemic 2019 transactions as total pending home sales and showing appointments rose again for the second consecutive month, according to February 2023 statistics released today by the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) systems.

Sales 101

Sales MLS Short sale Residential 101

RIS Media

MARCH 18, 2022

Existing-home sales fell by 7.2% in February, furthering the volatility pattern of the past few months in residential real estate, according to the National Association of REALTORS® (NAR) latest report. regions experienced lower month-over-month sales in February. Likewise, year-over-year sales were down a total of 2.4%

Sales 98

Sales Construction Mortgages Short sale 98

Realty Biz

MAY 21, 2023

Miami-Dade County $1 million+ luxury home sales continued outperforming pre-pandemic levels as total median sale prices rose once again as the market leads the nation in real estate appreciation, according to April 2023 statistics released by the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system.

Sales 92

Sales Short sale Fixed-rate mortgage MLS 92

HomeLight

MAY 19, 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 Maryland. Real estate attorneys are not considered essential for closing in the state of Maryland. Sell 'As Is' With a Cash Offer. Request Cash Offer.

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As-is Inspection Investor Closing costs 101

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 85

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 97

Realty Biz

DECEMBER 26, 2022

Miami-Dade County real estate has already posted the 4th best total home sales year ever and with another calendar month to go, it is poised to end 2022 as its second-biggest sales year ever, according to November 2022 statistics from the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system.

Sales 92

Sales Short sale Mortgages Fixed-rate mortgage 92

Marco Santarelli

DECEMBER 20, 2020

Most newbie investors are perplexed with the question of how to find investment properties for sale? What is an investment property for sale? Let’s learn how to find investment properties for sale. How To Find Investment Properties For Sale: Search For Off-Market Deals. You make the money when you buy it.

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Sales MLS Renovation Investor 80

Marco Santarelli

JULY 11, 2022

The improving economy and the approaching peak homebuying years of millennials are driving a residential housing boom. In May 2022, 25 percent of total sales were made in cash, down from 26% in April and up from the 23% recorded in May 2021. New home sales rebound 10.7% Therefore, sales are predicted to fall further.

Sales 98

Sales Marketing Fixed-rate mortgage Mortgages 98

Realty Biz

SEPTEMBER 23, 2021

Miami-Dade County real estate broke another record, posting its best August sales month in history as pent-up demand, more U.S. Miami-Dade County total home sales surged 30.6% year-over-year in August 2021, from 2,527 sales to 3,299. Miami-Dade County total home sales surged 30.6% 1 overall sales month in Miami history.

Sales 104

Sales Fixed-rate mortgage Short sale Equity 104

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.

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Investor Finance Inspection Sales 98

HomeLight

DECEMBER 30, 2021

You’re so close to closing. The only thing that stands between you and a sale is the appraisal. A residential home appraiser’s job is to provide a professional opinion of your home’s value so the lender knows that the house is worth at least what the buyer asks to borrow for the purchase. You’re ready to move on.

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Loans Agents Inspection Closing 117

Realty Biz

FEBRUARY 21, 2021

Miami-Dade County total home sales posted a double-digit increase for the fifth consecutive month in January 2021 as pent-up demand and record-low mortgage rates continue fueling transactions, according to the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system. Miami-Dade County total home sales jumped 19.1%

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Sales Short sale FHA loan Fixed-rate mortgage 91

Realty Biz

JUNE 24, 2022

Miami-Dade County real estate posted its 10th-highest total existing home sales month in history and its second-best May sales month ever, according to the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system. Miami’s existing condo sales decreased 7.9% Single-family home sales decreased 12.3%

Sales 78

Sales Short sale Mortgages Fixed-rate mortgage 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. So he knows all the twists and turns that can occur between an accepted offer and a closed sale.

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Backup offer Inspection contingency Purchase and sale agreement Home sale contingency 77

Housing Wire

APRIL 15, 2021

Consumers have been closely following President Joe Biden’s proposed first-time homebuyer tax credit , but the newest form of that proposal has several significant restrictions. Plus Biden’s proposal is not actually a homebuyer tax credit, but it is money that would be available at closing. Maxine Waters chairs.

Short sale 546

Short sale Development Loans Equity 546

Marco Santarelli

JUNE 12, 2021

Both the sales and prices of single-family homes are rising in double-digits in 2021. The Year-to-Date closed sales are up by 17.8%. It is simply the sum of all sale prices in a given time period but it is a strong indicator of the health of the real estate industry in a market. The closed sales surged by 84.9%

Marketing 145

Marketing Investor Residential Sales 145

HomeLight

AUGUST 24, 2022

Looking to connect with a Florida cash home buyer for a quick sale in the Sunshine State? HomeLight’s Simple Sale platform provides all-cash offers, giving clients a fast, stress-free home selling experience without having to worry about additional repairs or prep work and with no additional fees, commissions, or upfront costs.

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Purchase and sale agreement Title search Proof of funds Title 105

HomeLight

OCTOBER 29, 2020

We’ll explore what buyers can do to help strengthen a contingent offer and secure a spot at the closing table. Plus, you’ll want to include a financing contingency in your purchase contract which states that the home loan has to clear before the deal can close. Sales contingency. Source: (JJ Badenhorst / Unsplash).

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Purchase and sale agreement Pre-approval Earnest money deposit Inspection 79

HomeLight

APRIL 29, 2022

This step will be required before closing to determine the amount of money a lender is willing to provide. Our HVE combs public data including tax records and assessments and pulls recent sales records for other properties in your neighborhood. Don’t invest in anything that might be considered personal property. Henry Herrera.

Equity 120

Equity Agents Construction As-is 120

HomeLight

APRIL 30, 2021

They’re looking for how long homes like yours took to sell and the difference between their list prices and their sale prices. It also includes the sold date, the sale price as a percentage of the list price, and the days on market. How hard is it for an agent to put together a CMA? Number of bedrooms and bathrooms. Square footage.

Marketing 96

Marketing MLS Agents Renovation 96

HomeLight

JULY 31, 2021

But before you plant that for-sale sign, you need to know the rights of your tenants. If you want to list your rental home for sale and plan to let potential buyers in to show your unit(s), you must give tenants a heads up at least 120 days ahead of time , according to California Civil Code, Section 1954. “If Lower your listing price.

Sales 104

Sales As-is Short sale Residential 104

HomeLight

JULY 31, 2021

turn four walls and a roof into money in the bank, without the need for inconvenient showings, nail-biting appraisals , or a 50-day closing. Reports from the National Association of Realtors show that nearly a quarter of existing home sales were made with all-cash in the spring of 2021 — but how do you go about finding your cash buyer?

Earnest money deposit 98

Earnest money deposit Inspection Proof of funds Inspection contingency 98

Marco Santarelli

SEPTEMBER 11, 2021

According to their statistics, in April 2020, the Indianapolis housing market was a seller’s market, which means there were roughly more buyers than there were active homes for sale. Ideally, a buyer would prefer a sale to asking price ratio that’s closer to 90%. The median sale price was $177K. and closed sales went up by 7.4%.

Marketing 98

Marketing Investor Construction Sales 98

Marco Santarelli

MAY 28, 2022

Let’s take a close look at the Virginia Beach real estate market trends and forecasts for 2019 & 2020 find out why it is still one of best places to invest in Virginia. The median sales price for homes in Virginia Beach for Dec 28 to Mar 27 was $250,750 based on 1,262 home sales. Median Sales Price: $250,750 (On Trulia).

Marketing 98

Marketing Purchase and sale agreement Investor Sales 98

Marco Santarelli

SEPTEMBER 21, 2021

The statewide data on residential homes from the 42 regional listing boards that comprise the Michigan Association of Realtors show that the average sales price increased 11.79 The total residential sales in the state recorded a decine of -18.12% year-over-year, from 15,696 to 12,852 sales. since last year.

Marketing 111

Marketing Investor Residential Sales 111