HomeLight

DECEMBER 2, 2021

If you’re “upside-down” in your mortgage (owing more than the property is worth), you have a few options. One of them is a short sale. The process is complicated and confusing, often leaving a worrisome question in its wake: How long does a short sale stay on your credit? What is a short sale?

Short sale 77

Short sale Sales Loans Banks 77

The Close

APRIL 30, 2024

The primary indicator is obvious: The house just sits on the market while everything around it is flying off the shelves. You must evaluate if a price reduction is necessary by looking at the absorption rate and the average days on market (DOM) for that location. But it’s critical to dig deeper.

Agents 80

Agents Short sale Staging Sales 80

HomeLight

DECEMBER 14, 2021

Source: (Plush Design Studio / Unsplash). Experienced agents should, at a minimum, be able to recommend the following: a lawyer specializing in real estate, mortgage advisor, insurance agent, handyworker, home stager, house cleaners, and moving companies. What are the average days on market for your listings?

Agents 122

Agents Days on market Short sale Closing 122

The Close

DECEMBER 29, 2022

Furthermore, in today’s market, understanding our complex mortgage industry could actually help you close more deals and maybe even save clients money. So we’ve included a handy download with questions your clients should ask their mortgage broker. Adjustable-rate mortgage (ARM). Assumable mortgage. Amortization.

Purchase and sale agreement 98

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

HomeLight

MAY 19, 2022

Median sales price in Maryland. Average days on market for Maryland. If the home is part of a designated historic district. When you place your home on the market, it’s hard to predict if your top offer will come from a cash buyer or a buyer pre-qualified for a home loan. Disclosures. Home location considerations.

As-is 94

As-is Inspection Investor Closing costs 94

HomeLight

MAY 23, 2022

Median sales price in Wisconsin. Average days on market for Wisconsin. 46 Days (from listing to contract). If they filed any insurance claims for damage to the property in the last five years, or if the home is a designated historic building, they will need to disclose that information, as well. Disclosures.

As-is 101

As-is Inspection Investor Closing costs 101

HomeLight

MAY 23, 2022

Median sales price in North Carolina. Average days on market for North Carolina. 23 days (from listing to contract). Any known flood hazard or if the property is located in a federally-designated flood hazard area. Fast facts about selling a house ‘as is’ in North Carolina. 359,600 (April 2022). Disclosures.

As-is 79

As-is Purchase and sale agreement VA loan Inspection 79