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. Negotiation and Closing Support Buyer agents are skilled negotiators who advocate on your behalf. What is your strategy for negotiation and closing?

Purchase and sale agreement 73

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

Realty Biz

MAY 21, 2023

Miami Distressed Sales Remain Low, Reflecting Healthy Market Only 1.3% of all closed residential sales in Miami were distressed last month, including REO (bank-owned properties) and short sales, even with the figure in April 2022. In 2009, distressed sales comprised 70% of Miami sales.

Sales 93

Sales Short sale Fixed-rate mortgage MLS 93

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.

Short sale 90

Short sale Loans Mortgages Equity 90

HomeLight

JULY 31, 2022

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. Another benefit of VA loan assumption is lower closing fees. Home Loan program.

VA loan 77

VA loan Purchase and sale agreement Short sale Pre-approval 77

Realty Biz

MARCH 21, 2023

Pending Sales and Showing Appointments Rise for Second Consecutive Month Total pending sales rose 16.9% Pending sales are an indicator of future sales, but it takes up to 40 days for pending transactions to close and not all pending sales end in deals. Short sales and REOs accounted for 0.1%

Sales 102

Sales MLS Short sale Residential 102

Realty Biz

NOVEMBER 18, 2021

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. BPOs are also commonly used by owners, buyers, and investors in these situations: Valuation for a short sale or foreclosure purchase. Property value estimate.

Short sale 111

Short sale Inspection Loans Banks 111

Realty Biz

DECEMBER 26, 2022

billion of South Florida residential properties in 2022, up 34% from $5.1 Miami Distressed Sales Remain Low, Reflecting Healthy Market Only 1.7% of all closed residential sales in Miami were distressed last month, including REO (bank-owned properties) and short sales, compared to 0.8%

Sales 92

Sales Short sale Mortgages Fixed-rate mortgage 92

Realty Biz

FEBRUARY 21, 2021

Miami Distressed Sales Stay Low, Reflecting Healthy Market Only 1.8% of all closed residential sales in Miami were distressed last month, including REO (bank-owned properties) and short sales, compared to 5.9% In 2009, distressed sales comprised 70% of Miami sales. of single-family home sales.

Sales 91

Sales Short sale FHA loan Fixed-rate mortgage 91

The Close

DECEMBER 19, 2022

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? Engage Your Sphere of Influence With Regular Communication.

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Agents Investor Property Management Development 105

Realty Biz

SEPTEMBER 23, 2021

Miami Distressed Sales Keep Dropping, Reflecting Healthy Market. of all closed residential sales in Miami were distressed last month, including REO (bank-owned properties) and short sales, compared to 3% in August 2020. In 2009, distressed sales comprised 70% of Miami sales. million in August.

Sales 105

Sales Fixed-rate mortgage Short sale Equity 105

Realty Biz

JUNE 24, 2022

Second-Best May Sales Month in History Miami’s total closed sales in May 2022 outperformed nearly every other May in history despite higher mortgage rates, lower supply, and higher sale prices. Miami Distressed Sales Keep Dropping, Reflecting Healthy Market Only 1.2% Short sales and REOs accounted for 0.5%

Sales 78

Sales Short sale Mortgages Fixed-rate mortgage 78

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

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

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. Once the sale is approved, you need to be able to close quickly. Please leave a comment.

Investor 94

Investor Probate sale Short sale Closing 94

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?

Probate sale 96

Probate sale Agents Sales Closing 96

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. Indiana law requires sellers to disclose material facts about the property through the Seller’s Residential Real Estate Sales Disclosure. Sell 'As Is' With a Cash Offer.

As-is 106

As-is Purchase and sale agreement Inspection Closing costs 106

Realty Biz

AUGUST 4, 2020

You’ll also be on your own when it comes to marketing to attract qualified buyers ready to make the best offer and close the deal in a short time. Short sales can be complicated. Short sales are complicated. Short sales are complicated. Sell to an investor.

Equity 59

Equity Short sale Investor Title 59

The Close

DECEMBER 29, 2022

After all, great communication leads to closed deals. Furthermore, in today’s market, understanding our complex mortgage industry could actually help you close more deals and maybe even save clients money. This is when the seller signs over all rights and obligations related to a property to the buyer before the actual closing.

Purchase and sale agreement 98

Purchase and sale agreement Title Proof of funds Pre-approval 98

HomeLight

JANUARY 13, 2022

In May 2020, 76% of closed sales contained purchase contingencies, a survey from the National Association of Realtors® (NAR) found. So he knows all the twists and turns that can occur between an accepted offer and a closed sale. Settlement contingencies are similar to home sale contingencies. Zoning contingencies.

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Backup offer Inspection contingency Purchase and sale agreement Home sale contingency 86

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. Maryland law requires sellers to disclose material facts about the property through the Maryland Residential Property Disclosure and Disclaimer Statement. Request Cash Offer.

As-is 109

As-is Inspection Investor Closing costs 109

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.

Loans 117

Loans Agents Inspection Closing 117

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. North Carolina state law requires sellers to disclose material facts about the property through the Residential Property and Owners’ Association Disclosure Statement. Restaurants.

As-is 93

As-is Purchase and sale agreement VA loan Inspection 93

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 95

Sales Construction Mortgages Short sale 95

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. Although it’s not as sure of a bet, you could also attract a regular residential buyer who has enough liquid assets to buy a house outright. If only there were a way to — poof!

Earnest money deposit 98

Earnest money deposit Inspection Proof of funds Inspection contingency 98

The Close

AUGUST 24, 2020

Course name: Short Sales and Foreclosures. Highlights include defining what a licensee’s role is in a short sale and how to put together the packet needed in a short sale for a lender. The post The 5 Best Real Estate Continuing Education Providers for Realtors appeared first on The Close.

Short sale 105

Short sale Agents Design Sales 105

HomeLight

AUGUST 24, 2022

A cash offer can lead to a speedier and lower hassle sale. Let’s review some of the top reasons to work with a cash home buyer in Florida: Faster time to close. Imagine you list your home for sale and attract a buyer right away who is also willing to offer a top price. Pros of working with a Florida cash home buyer.

Purchase and sale agreement 108

Purchase and sale agreement Title search Proof of funds Title 108

HomeLight

JANUARY 4, 2022

iBuyers then allow the seller to close in as little as 10 days but can also provide longer move-out timelines for those who need the flexibility. These people may offer close to full list price, since they aren’t trying to make a profit on the property,” he says. You want certainty of the deal closing. Why sell to an iBuyer?

Investor 98

Investor Finance Inspection Sales 98

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).

Purchase and sale agreement 80

Purchase and sale agreement Pre-approval Earnest money deposit Inspection 80

HomeLight

APRIL 29, 2022

This step will be required before closing to determine the amount of money a lender is willing to provide. The Uniform Residential Appraisal Report specifically requires appraisers to mark whether a home has a garage and how many cars it holds as well as whether they see any physical deficiencies with the property. Henry Herrera.

Equity 120

Equity Agents Construction As-is 120

Marco Santarelli

DECEMBER 20, 2020

Raise the cash to pay for these properties, because distressed sellers want to close on the deal as quickly as possible. Hiring a competent broker can help to close a deal as well as avoid paying far more than you should for an investment property. They may have several investment properties for sale that you can choose from.

Sales 80

Sales MLS Renovation Investor 80

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. Distressed properties such as foreclosures and short sales remained the same as a percentage of the total market in April. Original Photo via Pixabay.

Marketing 98

Marketing Purchase and sale agreement Investor Sales 98

HomeLight

APRIL 30, 2021

In addition to square footage and the number of bedrooms and baths, a CMA will include any amenities the comparable properties have, such as a swimming pool, as well as any less-tangible factors such as whether a home is close to noisy streets. How hard is it for an agent to put together a CMA? CMAs vs. broker price opinions.

Marketing 104

Marketing MLS Agents Renovation 104

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. August 2019 was $43.

Marketing 112

Marketing Investor Residential Sales 112

Marco Santarelli

JULY 11, 2022

The improving economy and the approaching peak homebuying years of millennials are driving a residential housing boom. Fed policy has fewer repercussions for fixed mortgage rates, which track 10-year Treasury yields more closely. This is the lowest sales figure since June 2020, when the Covid epidemic was in its early stages.

Sales 98

Sales Marketing Fixed-rate mortgage Mortgages 98

Marco Santarelli

SEPTEMBER 24, 2021

This report provided by Scottsdale Area Association of REALTORS covers residential real estate activity (Condo/Townhouse/Apt., Pending Sales Volume was $5,206,991,018, up 51.1%. Closed Sales Count went down 3.7%, from 7,735 to 7,447. Closed Sales Volume was $3,799,675,110, up +19.2%. year-over-year.

Marketing 98

Marketing Investor Sales Residential 98

HomeLight

JULY 31, 2021

Kram adds that unless you failed to disclose that the home was occupied by renters or had an agreement stating you would be responsible for getting them out before closing, the troublesome squatters will become the responsibility of new owners. Kram anticipates many landlords will seek to cash in on a very strong residential housing market.

Sales 104

Sales As-is Short sale Residential 104

Marco Santarelli

SEPTEMBER 11, 2021

The median sales price increased by 11.9% and closed sales went up by 7.4%. Here’s how March 2020 compared to March 2019: Median Sales Price increased by 8.7%. Closed Sales increased by 4.2%. Inventory of Homes for Sale decreased by 23.8%. to $165,000. The total number of new listings went up by 6.7%

Marketing 98

Marketing Investor Construction Sales 98