Real Trends

DECEMBER 27, 2022

How often does a pending home sale fall through? A pending sale may be referred to as “under contract” by some real estate agents. A sale is considered pending until the seller formally accepts an offer from a buyer. It should be reassuring for all real estate agents that not many home sales fall through.

Sales 60

Sales Home sale contingency Pre-approval Inspection 60

HomeLight

AUGUST 25, 2020

The overarching question, as you make your way down your pre-sale checklist , is likely something along the lines of: “How long is this going to take?”. home was on the market for an average of 24 days , with Ellie May estimating an average of 46 days to close on a purchase loan. Your sale could be different.

Closing 118

Closing Pre-approval Inspection Days on market 118

HomeLight

JANUARY 3, 2023

Higher interest rates have been cooling the housing market nationwide, and real estate in Colorado is no exception. Inventory is starting to rise along with the average number of days on market as of September 2022. Year-over-year, monthly sales in the Phoenix metro area were down nearly 25%.

Purchase and sale agreement 94

Purchase and sale agreement Inspection MLS Inspection contingency 94

HomeLight

JANUARY 27, 2021

Mortgage insurance is extremely common for first-time buyers, and it’s often the fastest way to achieve homeownership and start building equity today, rather than waiting until you’ve saved up 20% — an unrealistic feat for many buyers. And with most loans, you can drop mortgage insurance when you reach 20% equity.

Closing costs 115

Closing costs Inspection Loans Earnest money deposit 115

HomeLight

AUGUST 24, 2022

According to Todd Auslander , who completes 27% more sales than the average Stamford, Connecticut agent, selling a house ‘as is’ in Connecticut is mostly done when the owner inherits the house, lives out of state, or the house is in really bad condition. Median sales price in Connecticut. Median sales price in Connecticut.

As-is 94

As-is Inspection Investor Closing costs 94

HomeLight

AUGUST 12, 2022

HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. Skip repairs and close in as few as 10 days. Median sales price in California. Average days on market for California. So, the California Association of Realtors created a comprehensive sales disclosure chart.

As-is 94

As-is Purchase and sale agreement Natural hazards disclosure Closing costs 94