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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. The Bottom Line.

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How to Calculate Market Value of Property in 2023?

Marco Santarelli

The most useful computer database for getting information about comparable properties is the local MLS. This database shows the number of days on market and includes notes that indicate whether the property was updated, whether the seller offered concessions on the sale, and so on.

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6 Ways to Sell Your House in Honolulu Up to 42% Faster Than Average

HomeLight

Keep reading to learn the six best ways to decrease your days on market to sell your Honolulu home. Honolulu belongs to the Oahu Multiple Listing Service (MLS), which consists of 12 regions or districts. And to make matters even more complicated, each of the MLS regions is further divided into multiple neighborhoods.

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Two Options for Selling a House ‘As Is’ in Georgia

HomeLight

Request Cash Offer Fast facts about selling a house ‘as is’ in Georgia Median sales price in Georgia $370,000 Median days on market for Georgia 42 Disclosures Georgia state law does not require sellers to disclose material facts about the property through a form but does require them to disclose any problems with the home that aren’t evident.

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Selling a House ‘As Is’ in Connecticut

HomeLight

Average days on market for Connecticut. MLS has field to mark a listing “as is”? Buyers are still going to do their inspection, they’re going to do their own due diligence and they are going to be paying their inspector. Instead, the agent will write ‘as is’ in the MLS remarks section. Disclosures.

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Selling a House ‘As Is’ in Washington State

HomeLight

Median days on market for Washington. MLS has field to mark a listing “as is”? Not in Northwest MLS, the largest MLS in the region ; agents instead will include “as is” in the property notes. After six days on market, the property sold in cash for $258,000 with more than 10 offers. Disclosures.

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After the Home Inspection, What’s Next for Sellers?

HomeLight

It’s all up to the buyer to perform due diligence. When the seller isn’t legally required to make repairs, the decision to do so often relates to the market. In a buyer’s market — or any time the seller is eager to sell — it’s more likely that the seller will agree to make at least some of the requested repairs.