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Hit Them With Your Best Shot: How Much to Offer on a Short Sale

HomeLight

But what if it’s a different kind of sale … for example, how much should you offer on a short sale? Enter the short sale : a solution for the seller, and a special opportunity for a buyer. What’s a short sale? Short sales are unique because they require the approval of the seller’s lender.

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Real Estate Pending Vs. Contingent: MLS Lingo Explained for Sellers

HomeLight

Here are 5 common contingencies in real estate contracts: Inspection contingency A buyer and their lender understandably want a home inspection to make sure they’re not investing in a lemon. Buyers also can use the findings of an inspection to negotiate for repairs or credits. Closed”- Consider these listings sold.

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Should You Flip a House in 2023? Well, It Depends

HomeLight

Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for big bucks. But not even they could have predicted the 20% increase in construction materials between January 2021 and 2022. Home inspection fees. What is house flipping?

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Selling a House ‘As Is’ in Wisconsin

HomeLight

A lot of times, sellers are trying to remove some future liability by listing their house ‘as is,’ but buyers do, of course, still have the opportunity to inspect it and ask for any repairs or a price reduction,” Rynders says. “So Consider a pre-listing inspection. Which types of homes are sold ‘as is’?

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How to Buy a House at Auction: A Guide for Foreclosure Newbies

HomeLight

Homes sold at auction are sold on an as-is basis, meaning you won’t be able to negotiate for repairs or schedule inspections for a full overview of what you’re getting into. Tax, construction, or homeowner’s association liens may follow the home or even inhibit the sale entirely. Understand the fine print.

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Flipping Houses in Massachusetts: 5 Cities to Consider

HomeLight

Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit. I never recommend that someone skip a home inspection. I never recommend that someone skip a home inspection. Find a Buyer's Agent What is house flipping?

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A 2023 Guide to Flipping Houses in Georgia: 5 Cities to Consider

HomeLight

Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit. An inspection might cost a few hundred dollars, but a $400 inspection can keep you away from a $10,000 or $20,000 problem,” he says. higher than they were a year ago.