Realty Biz

SEPTEMBER 28, 2022

Most states mandate that homeowners fill out a residential disclosure form which includes specific disclosures about the roof. The appraiser will notice this form along with the purchase agreement. If a seller wants to sell their house for the top dollar, they may want to consider fixing their home before putting it on sale.

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Purchase and sale agreement Inspection Investor Closing costs 75

Redfin

JULY 22, 2021

Property lines are necessary during construction by the developer, city, county, or state to show where ownership of one plot of land starts and ends. During the sale of a property, the title company will search for encroachment of one property into another. During construction, builders often use survey pins to mark the plot of land.

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Purchase and sale agreement Land Title Construction 73

Redfin

MARCH 29, 2021

Buying land involves a different set of considerations than buying a residential property. If you have dreams of finding a special piece of land and building a home perfect for you and your family, you’ll want to think about a number of things before making your purchase. How desirable is the parcel? This is not always the case.

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Land Purchase and sale agreement Finance Development 66

HomeLight

AUGUST 4, 2022

You have options, such as a rent-back agreement, aka, a lease-back deal, that would allow you to stay in the home you just sold a bit longer to give you time to find a new place, to wait for the next home to be built , or to let your children finish the school year. What is a rent-back agreement?

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Rent back Purchase and sale agreement Closing Renovation 98

HomeLight

MARCH 23, 2021

According to the National Association of Realtors®, 88% of homebuyers purchased their home in 2020 through a real estate agent , and for good reason. We constructed the go-to guide on what a real estate agent actually is and how he or she can help your homebuying experience. Still undecided? Source: (Leon / Unsplash).

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Agents Purchase and sale agreement Inspection MLS 96

HomeLight

SEPTEMBER 14, 2020

Let’s start by defining covenants : These are binding agreements that often dictate behavior, including the pledge to do (or not do) certain things. Restrictive covenants, then, are (now illegal) binding agreements that hold homeowners (in this instance) to certain behaviors and practices around renting or selling their house.

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Purchase and sale agreement Land Title As-is 97

Toronto Realty Blog

MAY 16, 2022

When the government mandated a 20% down payment on properties of a $1,000,000 purchase price or higher, that meant that $800,000 properties shot up to the high-$900’s essentially overnight. ” This could be in the form of reduced rent, reduced sale price, or the government “buying” the units from the developer.

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Construction Pre-approval Purchase and sale agreement Development 88

HomeLight

AUGUST 11, 2023

Now that you have a purchase offer in hand, you’re in the home stretch, so to speak, of selling your house — but don’t sign the paperwork or pop the champagne just yet. Find a top real estate agent near you We analyze millions of home sales to find real estate agents that sell homes faster and for more money.

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Purchase and sale agreement Earnest money deposit Residential New Construction 84

Housing Wire

APRIL 21, 2022

A former Texas A&M cross country and track athlete and Episcopalian minister, Ballard in 2011 co-founded TreeHouse , a retailer to sell environmentally friendly home construction materials. This means that the doors, windows, electrical all are done by contractors after the walls have been constructed.”.

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Construction Purchase and sale agreement Investor Land 397

Toronto Realty Blog

MAY 18, 2022

I’m just an armchair quarterback… When we look at the “great unknown” in the city of Toronto with respect to inclusionary zoning by-laws, we can use the parallel of Ed Belfour’s contract, however silly that is, to see how and why a developer would be hesitant to purchase a development site right now. Well, 48.8%.

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Development Purchase and sale agreement Land As-is 87

RIS Media

SEPTEMBER 20, 2021

Boesen ruled that a real estate agent and his brokerage could not be held responsible for selling a new house with a defective, regularly leaking foundation because the buyers could not prove he “knew or should have known any information about the construction of the home.” ” ARKANSAS — GRADE: F. ” In Jehly v.

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Design Purchase and sale agreement Agents Seller disclosure 109

HomeLight

FEBRUARY 9, 2023

If you’re preparing to sell a house in the state of New York , it’s important to understand what you’re required to disclose, what must be fixed or addressed before listing, and how disclosure laws could impact or impede the sale process. When selling a residential property in the U.S., When selling a residential property in the U.S.,

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Purchase and sale agreement Inspection Residential Agents 83

HomeLight

MAY 27, 2021

With their insight, we’ll shed light on how the inspection and appraisal can affect your home sale. In a home sale, it’s customary for the homebuyer to commission and pay for the home inspection. In a home sale, the buyer’s lender frequently orders an appraisal as a condition of the buyer’s loan. What is a home inspection?

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Inspection Purchase and sale agreement Pre-approval Loans 101

Marco Santarelli

JUNE 25, 2021

Purchase Money Mortgage/Seller Financing. However, with a purchase money mortgage, the seller extends finances to the buyer. The excess rental fee will then be channeled towards the purchase price. With this type of agreement, the investor is able to purchase an investment real estate using a slightly higher rental fee.

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Purchase and sale agreement Hard money loan Equity Investor 133

HomeLight

OCTOBER 17, 2022

What about the age of the water heater you purchased 11 or 12 years ago? You want to read in plain-speak what you are legally obligated to disclose to buyers — and if you acknowledge problems with your home, does that mean you’ll have to pour money into fixing them before you can close a sale? Seller’s expertise. Engineering.

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Purchase and sale agreement Seller disclosure Inspection Agents 89

HomeLight

NOVEMBER 3, 2022

Real estate agents market their listings on the multiple listing service (MLS) as part of their marketing strategy – something FSBO (for sale by owner) sellers cannot do on their own. The “listing” refers to “a home for sale” in industry terms. You have the time and energy to spend on the home sale process. Get Estimate.

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MLS Purchase and sale agreement Agents Sales 83

Realty Biz

APRIL 11, 2024

Despite this growth, the region has faced challenges, such as a decrease in the number of new single-family residential building permits, indicating a sluggish housing market. The average home price in South Bend is also considerably lower, making it an attractive option for those looking to purchase property.

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Purchase and sale agreement Development Investor As-is 85

Redfin

OCTOBER 23, 2023

It’s known for its diverse neighborhoods, historic homes, and modern constructions. Roof leaks, mold, and wood rot are common issues, detectable in a pre-purchase inspection. As stated by the State of Oregon Department of Environmental Quality , ‘All residential buildings constructed before Jan.

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Inspection Pre-qualification Purchase and sale agreement Construction 61

HomeLight

FEBRUARY 2, 2022

Though the risk of finding structural problems increases in aging homes, in new and old homes alike sloppy construction can be another culprit. We’ll also share advice and insights from top-rated professionals with years of experience in both real estate and home construction. Source: (qoppi/ Shutterstock). Request Offer.

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Inspection Purchase and sale agreement Agents Construction 109

HomeLight

NOVEMBER 21, 2022

When the time comes to move, some tenacious homeowners in South Carolina are eager to take over the reins of their home sale and figure out how to sell a house by owner. With millions of homes sold each year, a modest portion of sellers — about 7% in 2021 and 10% in 2022 — choose to list “For Sale By Owner” (or FSBO — pronounced fizz-bow).

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Purchase and sale agreement MLS Pre-approval Agents 76

Marco Santarelli

AUGUST 17, 2020

® offers a comprehensive list of for-sale properties, as well as the information and tools to make informed real estate decisions. For example, it provides a quick snapshot of local markets like the median sale price and average price per square foot so you can estimate what a house is worth on the market in good condition. Realtor.com®

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Purchase and sale agreement Investor Land MLS 115

HomeLight

DECEMBER 29, 2021

Savvy sellers know that if their home is priced right, they stand a very good chance of having it appraise accordingly, and keep the sale on track. Construction details (type of foundation, type of materials used). Data from CoreLogic indicates that in May 2021, about 20% of home appraisals came in lower than the sales price.

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Purchase and sale agreement VA loan Loans Agents 104

HomeLight

NOVEMBER 10, 2022

When the time comes to move, some tenacious homeowners in Chicago are eager to take over the reins of their home sale and figure out how to sell a house by owner. With millions of homes sold each year, a modest portion of sellers — about 7%-8% , historically — choose to list “For Sale By Owner” (or FSBO — pronounced fizz-bow).

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Purchase and sale agreement MLS Agents Pre-approval 85

Marco Santarelli

NOVEMBER 17, 2020

Despite the pandemic led economic slowdown, there is healthy demand to purchase homes in the Nashville real estate market. The median price for a residential single-family home was $349,000, and for a condominium, it was $245,000. Inventory continues to remain low across the Nashville Metro Area in residential housing.

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Marketing Purchase and sale agreement Residential Investor 137

Marco Santarelli

MAY 28, 2022

Virginia Beach real estate market trends indicate an increase of $750 (0%) in median home sales and a 0% rise in median rent per month over the past year, according to Trulia.com. The median sales price for homes in Virginia Beach for Dec 28 to Mar 27 was $250,750 based on 1,262 home sales. since last year. since last year.

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Marketing Purchase and sale agreement Investor Sales 98

Marco Santarelli

JULY 9, 2021

in home sales. The median sales price continued to uptick. Single family sales were up 10.7 Condo sales rose 98.3 Townhome sales increased 13.6 Traditional sales rose 16.6 Foreclosure sales were down 35.8 Short sales fell 63.6 Previously owned sales were up 18.3 year-over-year.

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Marketing Purchase and sale agreement Investor Construction 85

Marco Santarelli

SEPTEMBER 5, 2020

It could only pause sales, which in turn created a huge pent up demand. In July & August, the Phoenix was a hot seller’s real estate market, which means there were roughly more buyers than there were active homes for sale. In July, the median sales price — up 3.3% Now the market is facing a shortage of homes for sale.

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Marketing Purchase and sale agreement Investor Sales 135

Norada Real Estate

FEBRUARY 21, 2022

Looking to purchase and profit from a rental property? Just like any business, purchasing a rental property to earn monthly income can be a bit risky too. A good rental property is fully refurbished or a new construction residential property. What are the comparable rents and purchase prices? How good is that?

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Purchase and sale agreement Investor Due diligence Mortgages 111

Marco Santarelli

AUGUST 27, 2020

According to the association of local realtors (LVR), July had the most amount of home sales since 2017 with more than 4,000 existing homes sold. In July, the median sales price of previously owned single-family homes, which comprises of the bulk of the Southern Nevada's housing market, increased to $330,000, a year-over-year increase of 8.9

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Marketing Purchase and sale agreement Investor Sales 128

Marco Santarelli

SEPTEMBER 12, 2021

The real estate statistics in Columbus show us that while construction is increasing, inventory is still scarce because of increasing demand. However, home sales increased by only 2.7 The median sale price was up 12.2 The median sale price was $182K. The YTD average sales price has increased by 16% to $292,306.

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Marketing Purchase and sale agreement Investor Sales 97

Marco Santarelli

DECEMBER 16, 2020

The average sale price of a home in Oklahoma City was $215K last month, up 14.1% Sale-to-List Price Ratio is 100% — homes in Oklahoma City sold for approximately the asking price on average in November 2020. November 2020 Residential Sales. SALES: Sales increased 26.9 SALES: Sales increased 26.9

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Marketing Purchase and sale agreement Investor As-is 119

Marco Santarelli

SEPTEMBER 8, 2020

percent increase in pending sales for the month. Total sales (closed) during July increased 35.4 Data by Realtor.com also corroborates that in July 2020, the Naples housing market was a seller’s market, which means there were roughly more buyers than there were active homes for sale. percent year over year. This was a 27.5

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Marketing Purchase and sale agreement Investor Closing 105

The Close

DECEMBER 29, 2022

This tool, also known as a like-kind exchange, allows investors to defer paying capital gains taxes on a sale. ” If a property is active contingent, a buyer has submitted an offer to purchase a property, but the sale won’t be finalized until certain conditions, or contingencies, are met. Active contingent. Call option.

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

Toronto Realty Blog

FEBRUARY 16, 2022

In Monday’s blog, I noted that there are some Victorian mansions on Jarvis Street regularly for sale for $10M – $20M, but nobody can buy those buildings at that price, to keep them in their current form. I also love the idea about a “province-wide legal agreement” but I wonder how developers would fall into line here.

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Pre-approval Land lease Development Land 72

HomeLight

AUGUST 12, 2022

HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. Median sales price in California. As is” is a type of home sale where it’s understood that no improvements will be made to the property. Rooms or construction completed without a permit or non-compliant with building codes.

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As-is Purchase and sale agreement Natural hazards disclosure Closing costs 97

Toronto Realty Blog

MARCH 25, 2022

The organization also criticized the First-Time Home Buyers Incentive program, a shared-equity program launched in September 2019 that offers five per cent toward the down payment for a first-time buyer’s purchase of an existing resale home, or 10 per cent for a newly constructed home. March 24, 2022. March 23, 2022. municipalities.

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Purchase and sale agreement Construction Pre-approval Development 78

Housing Wire

JANUARY 12, 2022

We do view the announcement to be a constructive one for the non-agency market,” Robinson said. We also distribute close to 50% of our production via whole loan sale to various insurance companies, asset managers and financial institutions — additional important sources of liquidity to the private sector.”.

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Loans Marketing Purchase and sale agreement Mortgages 409