article thumbnail

Frequently Asked Questions about Buyers Agents in Real Estate

Realty Biz

Buyer agents can provide valuable support in various situations, such as buying a new home or purchasing a foreclosure. You may likely be asked to sign a buyer's agency agreement. Maximum Real Estate Exposure is an insightful resource for explaining buyer agency agreements. What is a Buyer's Agent Agreement?

article thumbnail

Should I hire a real estate attorney to understand more about mortgage terms?

Realty Biz

Complex Transactions : If you're dealing with a particularly complicated property transaction, such as foreclosures, short sales, or if there are liens on the property, an attorney's expertise can be invaluable. Drafting and Reviewing Documents : Purchase agreements, deeds, and other real estate transaction documents can be complex.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Can I Legally Sell My Rental Property With Tenants in It?

HomeLight

If you need assistance navigating the legalities of your sale, HomeLight always encourages you to reach out to your own advisor. works on many sales of rental properties. Jacobs estimates that 90 to 95% of the commercial transaction he handles involves tenants staying with the property. Source: (Jopwell / Pexels).

article thumbnail

What Buyers Need to Know About Making an Offer on Active Contingent Listings

HomeLight

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.

article thumbnail

Selling to Florida Cash Home Buyers: Tips from Experts

HomeLight

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.

article thumbnail

10 Steps to Sell Your Multi-family Home for All It’s Worth

HomeLight

Today’s multi-family market is bustling with activity , saturated with aspiring and accomplished investors looking to purchase properties just like yours. In most states, it’s perfectly legal to sell a property with tenants , and a seller can easily transfer lease agreements and security deposits to the new owner. Necessary repairs.

Investor 109
article thumbnail

What’s Necessary (and What’s Not) When Prequalifying Real Estate Prospects?

McKissock

When potential homebuyers come to you for help in finding a home, you’ll want to be certain that they’re qualified to make the purchase before you start working with them. Agents should also be prepared to provide alternatives if it turns out that the client isn’t in a position to make a purchase immediately.