HomeLight

JANUARY 22, 2024

Fast facts about selling a house ‘as is’ in Colorado Median sales price in Colorado $545,000 Average days on market (DOM) for Colorado 50 Disclosures Colorado law requires sellers to disclose material facts about the property through the Colorado Seller’s Property Disclosure Form. MLS has a field to mark a listing “as is”?

As-is 94

As-is Inspection Finance Investor 94

HomeLight

DECEMBER 29, 2023

Fast facts about selling a house ‘as is’ in Oklahoma Median sales price in Oklahoma $235,000 Average days on market (DOM) for Oklahoma 44 days Disclosures Oklahoma law requires sellers to disclose material facts about the property through the Residential Property Condition Disclosure Statement.

As-is 88

As-is Inspection Finance Investor 88

HomeLight

DECEMBER 31, 2023

Fast facts about selling a house ‘as is’ in Arizona Median sales price in Arizona $430,990 Average days on market (DOM) for Arizona 56 Disclosures Arizona law requires sellers to disclose material facts about the property through the Residential Seller’s Property Disclosure Statement (SPDS) MLS has a field to mark a listing “as is”? “We

As-is 81

As-is Inspection Finance Loans 81

HomeLight

JANUARY 27, 2021

Ready to hit the market, buy your dream home and conquer this whole homeownership thing? But there’s so much to keep track of along the way: hiring an agent, getting a mortgage, making offers, and closing the deal. Getting a mortgage can be a stressful and frustrating process. Paying mortgage insurance isn’t that big a deal.

Closing costs 114

Closing costs Loans Inspection Earnest money deposit 114

HomeLight

NOVEMBER 9, 2021

The recent housing market has been hot and competitive due to an extreme lack of inventory. For a seller in a hurry, the shortage of homes means you can anticipate fewer days on market (DOM). How it might take 12-75 days to sell your home. What do days on market mean? Average Days in 2021.

Purchase and sale agreement 83

Purchase and sale agreement Home sale contingency Title search Inspection 83

HomeLight

DECEMBER 29, 2023

Fast facts about selling a house ‘as is’ in Minnesota Median sales price in Minnesota $334,900 Average days on market (DOM) for Minnesota 32 days Disclosures Minnesota law requires sellers to disclose material facts about the property through the Minnesota Seller’s Property Disclosure Statement.

As-is 89

As-is Inspection Finance Investor 89

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). 4 Loan Questions Worth Asking.

Purchase and sale agreement 98

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

HomeLight

DECEMBER 29, 2023

Consider a pre-listing inspection A pre-listing home inspection is the same as a standard one, except that the seller pays for it before listing their home. I’ll give an inspection contingency, that’s it. Let’s look at how to sell a house in Missouri, your options for getting an offer, and what to expect from the process.

As-is 85

As-is Inspection Finance Investor 85

HomeLight

MARCH 30, 2021

Some people just focus on a home inspection and that’s not enough. Days on market: The speed at which houses are selling can be telling. If houses are sitting on the market for a while, you may get a better deal … but is there a reason why buyers are shying away from a particular area? Get an inspection.

Due diligence 101

Due diligence Inspection Title Pre-approval 101

HomeLight

MAY 24, 2022

First things first: Get your septic system inspected by a certified inspector — a private contractor, someone from the health department, or a wastewater professional. Average cost of a professional inspection ranges from $260 to $420. In fact, if you have an offer on your home, an inspection might be compulsory before closing.

Inspection 107

Inspection Due diligence Agents Investor 107

HomeLight

AUGUST 25, 2020

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. That’s 70 days — or a little over two months — from listing to closing. Every house, every market, and every individual sale will vary in terms of days on market and closing timelines.

Closing 117

Closing Pre-approval Inspection Days on market 117

Housing Wire

APRIL 22, 2024

You’ll want to include the list price, sale price, and days on market. Perhaps they don’t receive strong enough offers or struggle to address issues that arise at home inspection. There are loan programs available that allow as little as 3.5% House-hacking is a great way to build wealth and pay down your mortgage.

Brokerage 335

Brokerage Investor Agents Pre-approval 335

HomeLight

MARCH 18, 2022

Step 4: Coordinate on lien searches or inspections. Selling a house with a lien (besides your mortgage loan) can be another obstacle to prepare for. Be sure to discuss your buyer’s policies on lien scenarios, as well as inspections. Step 5: Communicate your preferred move-out day. Find Agent.

Inspection 96

Inspection Investor Sales Agents 96

HomeLight

AUGUST 24, 2022

Clients maximize the value of their quick home sale with a competitive top market offer and no additional fees, commission or upfront costs. Average days on market for Connecticut. 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.

As-is 94

As-is Inspection Investor Closing costs 94

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. Average days on market : 46 (November 2022). Fast Facts for Selling Real Estate in Colorado.

Purchase and sale agreement 95

Purchase and sale agreement Inspection MLS Inspection contingency 95

Real Trends

DECEMBER 27, 2022

Inspection issues. An inspection can often reveal major issues that either side would not have been aware of. Whatever side you are on, being aware of inspection issues and how to work with them will be paramount in increasing your close rate. Before a mortgage is approved, lenders will have a property appraisal.

Sales 60

Sales Home sale contingency Pre-approval Inspection 60

The Close

FEBRUARY 20, 2024

Competition is lower for a home, and the number of days on market increases for listings. A buyer’s market can be determined by calculating the months of inventory. Anything more than six months is traditionally considered a buyer’s market. Traditionally, the number of days on market is low.

Marketing 92

Marketing Debt-to-income ratio MLS Pre-approval 92

HomeLight

MAY 19, 2022

Average days on market for Maryland. You are limiting the number of buyers that could purchase the property because of the type of loan they have,” Umanzor says. Consider a pre-listing inspection. So once you do that inspection, you must disclose all of that.”. Fast facts about selling a house ‘as is’ in Maryland.

As-is 96

As-is Inspection Investor Closing costs 96

HomeLight

JULY 25, 2022

Skip repairs and close in as few as 10 days. Average days on market for Texas. 37 days in Q1 of 2022 according to Texas Realtors®. I would say an agent is still going to need to be creative on how they market the property,” says Martin. Consider a pre-listing inspection. Request Cash Offer. Disclosures.

As-is 93

As-is Purchase and sale agreement Inspection Investor 93

HomeLight

MAY 23, 2022

Average days on market for Wisconsin. 46 Days (from listing to contract). A lot of times, sellers are trying to remove some future liability by listing their house ‘as is,’ but buyers do, of course, still have the opportunity to inspect it and ask for any repairs or a price reduction,” Rynders says. “So Disclosures.

As-is 104

As-is Inspection Investor Closing costs 104

Windemere Buying

APRIL 11, 2022

Advocates of buying will contend that purchasing a home is an investment in equity, which can increase in value every year you live in the home, whereas if you rent a property, you’re essentially paying for someone else’s mortgage. you could use the rental income to pay off your mortgage faster and contribute more to your savings.

Pre-approval 52

Pre-approval Loan Officer Loans Property Management 52

HomeLight

NOVEMBER 29, 2021

Some mortgage programs require no down payment but can have strict eligibility requirements. First-time homebuyers may need a 20% down payment to avoid mortgage insurance (MI), which can sometimes be a difficult hurdle to clear. Grants and loans. When you buy a home, you’ll typically be asked to make a down payment.

Land 86

Land Closing costs Purchase and sale agreement Loans 86

HomeLight

DECEMBER 2, 2021

One item of note: We don’t include your mortgage loan payoff in our cost estimate, so keep in mind that you have to pay off any outstanding home loan balances when you sell. Home pre-inspection. For example, a seller could entice a buyer by offering to pay for some or all of the buyer’s mortgage fees at closing.

Seller concession 108

Seller concession Staging Inspection Renovation 108

HomeLight

AUGUST 23, 2022

Clients maximize the value of their quick home sale with a competitive top market offer and no additional fees, commission or upfront costs. Median days on market for Ohio. Consider a pre-listing inspection. Be aware of minimum property standards for certain loans. Request Offer. Average sales price in Ohio.

As-is 92

As-is Investor Closing costs Inspection 92

HomeLight

JULY 25, 2022

“Especially in the seller’s market, they list ‘as is’ because they don’t want to discount their house or be liable for repairs later on,” he explains. Frequently, the inspection serves as the buyers’ safety net. “If Average days on market for Florida. Consider a pre-listing inspection. Request Offer.

As-is 85

As-is Purchase and sale agreement Inspection Closing costs 85

HomeLight

FEBRUARY 21, 2023

Skip repairs and close in as few as 10 days. According to an example document from the Georgia Realtors Association, sellers must disclose any known material defects that aren’t obvious or would not be found by a buyer upon completing a reasonable inspection.

As-is 73

As-is Investor Inspection Closing costs 73

HomeLight

MAY 23, 2022

Average days on market for Indiana. Something that Allen does see with some as-is sellers, is that they’ve had the house under contract before and have gone through the inspection period — only to have major defects pop up during the process. There’s a lot of really good things about having your house pre-inspected.

As-is 93

As-is Purchase and sale agreement Inspection Closing costs 93

HomeLight

APRIL 21, 2022

You found your new home and want to avoid carrying two mortgages. Your house has been on the market three months or more. Cash vs. financing : Cash offers usually result in a faster sale than mortgage-backed offers; if speed is an important aspect of the sale, this could make a significant difference. You’re in a buyer’s market.

Inspection contingency 104

Inspection contingency Home sale contingency Pre-approval Agents 104

HomeLight

JULY 25, 2022

Deduct your outstanding mortgage balance and any costs of selling you incurred (such as real estate commission, closing costs, title fees, repairs, prep, and staging). Forgiven debt can include a short sale, foreclosure, deed in lieu of foreclosure, or loan modification. of the loan amount. Inspection and repair fees (varies).

Closing costs 88

Closing costs Equity Short sale Agents 88

HomeLight

SEPTEMBER 27, 2022

Nevertheless, Gina Candelario , a top agent who works with 78% more single-family homes than the average San Antonio, Texas, agent, says sales are good and it’s still a seller’s market. That includes real estate agent commission, escrow, and assorted fees (some of which are negotiable with the buyer) but does not include mortgage payoff.

Seller concession 67

Seller concession Closing costs Homeowner’s association Title 67

HomeLight

MAY 23, 2022

Average days on market for Massachusetts. Buyers need to ask direct questions and pay close attention to the results of a home inspection so that they can determine the condition of the property and its features. The buyer may request answers in writing, especially after a home inspection. Disclosures.

As-is 89

As-is Inspection Investor Sales 89

HomeLight

MAY 23, 2022

Average days on market for North Carolina. 23 days (from listing to contract). Schaus does business in the area of Fort Bragg, which means that Department of Veterans Affairs home loans ( VA loans ) are used very often by buyers. Consider a pre-listing inspection. Median sales price in North Carolina.

As-is 81

As-is Purchase and sale agreement VA loan Inspection 81

Realty Biz

JULY 25, 2022

This is happening at the same time my loan application was pre-approved. Skylar, it does sound like you understand that your local market might be shifting from a seller’s market towards a buyer’s market as indicated by falling house prices. The higher interest rates are knocking a lot of buyers out of the market.

Pre-approval 74

Pre-approval Inspection Agents Sales 74

HomeLight

AUGUST 12, 2022

Average days on market for Illinois. An agent gives simple presentation tips to improve marketing, helps to set an appropriate price that reflects the home’s condition, and works to find a buyer willing and eager to buy your home in its current state. Consider a pre-listing inspection . Median sales price in Illinois.

As-is 90

As-is Purchase and sale agreement Investor Closing costs 90

HomeLight

AUGUST 12, 2022

Skip repairs and close in as few as 10 days. Average days on market for California. Consider a pre-listing inspection. A pre-listing home inspection is the same as a standard home inspection except that the seller pays for it before listing their home on the market. Request Cash Offer. Disclosures.

As-is 95

As-is Purchase and sale agreement Natural hazards disclosure Closing costs 95

HomeLight

MARCH 10, 2023

If you need to finance the home with a mortgage, there are a few options you should consider: Hard money loans: These are loans from private lenders for short periods of time — they can come with higher interest rates and can be risky for inexperienced investors. That limits your risk and your days on market.

House Flipping 85

House Flipping Renovation Investor Finance 85

HomeLight

MARCH 31, 2022

Average days on market : 36 (April 2022). FSBO sellers in Arizona may consider getting a home inspection prior to listing their home for sale. However, be aware that if you get a pre-listing inspection, you will be required to share relevant findings with buyers and how you did or did not address them. Disclosures: .

Purchase and sale agreement 86

Purchase and sale agreement Inspection MLS Inspection contingency 86