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From consultation to closing: The definitive homebuying checklist

Housing Wire

Offers: Outline how making a competitive offer will work, including how price, contingencies, due diligence funds, and earnest money will impact how the seller views an offer. Youll want to start by reviewing a CMA to determine a fair value based on the current market conditions. How will these factors affect a potential offer?

Closing 307
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Do the Due: A Complete Due Diligence Guide and Checklist for Homebuyers

HomeLight

As a buyer, that means you have to do your due diligence from both a practical and contractual perspective. What does due diligence mean in residential real estate? That’s why we’ve put together this guide to due diligence for a homebuyer. Free Homebuying Due Diligence Checklist.

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Rising insurance costs, ample inventory create a unique market in Southwest Florida

Housing Wire

“Last year we were still adjusting from the effects of the pandemic market, but now the trends seem to be getting back to our baseline, which is more like our 2019 market,” Smith said. Days on market is also trending back to what is more normal for our market as well.”

Marketing 421
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19 real estate agent tips for beginners to kickstart their careers

Housing Wire

Do your due diligence and meet with several brokerages in your area – large and small, franchise and independent. This is important because it will allow you to learn the available inventory and get a first-hand look at your local market. By studying the market. Each day, log into MLS and see whats new.

Agents 243
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Pros and cons of buying out-of-state rental property in 2022

Housing Wire

Market Growth. Look at the area’s market both today and historically. A good measure is to look at the days on market (DOM). Today most markets have a DOM of 30 days or less, which is a hot market. Anything more than that, and it may not be a market you want to invest in.

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2 Florida Housing Markets Flagged for a Major Price Decline Risk

Marco Santarelli

Long-term investors who focus on cash flow might still find opportunities, but due diligence is more critical than ever. If you're in one of these potentially risky Florida markets, or considering entering one, here's my straightforward advice: Buyers, Be Cautious: Don't rush: The fear of missing out (FOMO) is a dangerous motivator.

Marketing 109
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5 Texas Housing Markets at High Risk of a Home Price Crash

Marco Santarelli

Buying in a declining market also means your home's value could dip further after you purchase. Due Diligence is Key: Scrutinize the local job market, understand why prices are falling, and get a thorough home inspection. Days on Market: How long are homes taking to sell?