HomeLight

APRIL 11, 2025

Because cash buyers already have the funds available, theres no need to wait on mortgage approvals or inspections. After reviewing your homes condition and the market value, a buyer will make an offer. In Silver Spring, homes are selling with a median days on market (DOM) of 22 days.

Inspection

Housing Wire

APRIL 22, 2024

You’ll want to include the list price, sale price, and days on market. I would love to find them a home that is not yet on the market! I’d be happy to email you a copy of their pre-approval letter. Perhaps they don’t receive strong enough offers or struggle to address issues that arise at home inspection.

Brokerage

HomeLight

JUNE 9, 2023

These conditions can be anything from the buyer securing a mortgage, the home inspection clearing, or the sale of the buyer’s current home. As of 2023, 79% of contracts included an inspection contingency while 82% contained an appraisal contingency. With this active status, days on market will continue to accrue , as well.

Home sale contingency

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

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). What do days on market mean? Average Days in 2021. Average Days in 2021. Days on Market.

Purchase and sale agreement

Realty Biz

MARCH 13, 2024

This article explores the key factors home buyers need to know about the Maryland housing market this year. Getting Pre-Approved For A Mortgage In a seller’s market like Maryland, getting pre-approved for a mortgage loan should be one of the first steps for hopeful buyers.

Pre-approval

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

HomeLight

MAY 19, 2022

Average days on market for Maryland. These are any problems the purchaser wouldn’t be able to discover for themselves during a visual inspection, as well as anything that would pose a health or safety hazard. Consider a pre-listing inspection. So once you do that inspection, you must disclose all of that.”.

As-is

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). Get a pre-listing appraisal.

Purchase and sale agreement

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

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

HomeLight

APRIL 21, 2022

Even if a buyer has been pre-approved by a lender, the loan could still be denied or delayed due to a change in job status, a low home appraisal , or a dozen different reasons. Common contingencies include an inspection contingency and an appraisal contingency. Has your home been sitting longer than the average ‘days on market’?

Inspection contingency

HomeLight

FEBRUARY 8, 2023

Home inspection fees: The average cost of a home inspection in New York ranges from $300-$400. Seller concessions: Depending on whether issues are found during the home inspection process, the seller may have to come up with funds at closing to cover any necessary repairs.

Purchase and sale agreement

HomeLight

FEBRUARY 4, 2021

To confront that, Causey says most sellers conduct a pre-sale inspection and put together a disclosure package to give to potential buyers. Your home inspection will cover the major issues your potential new home has, and it’s comprehensive (don’t be frightened if it’s 40 or even 50 pages long). Getting around in Fremont.

Inspection

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

Marco Santarelli

AUGUST 2, 2020

Let us continue to explore the housing market trends — from pre-COVID-19 days until July. NYC Real Estate Market Prices & Trends Before COVID-19. About 1 percent of Redfin customers waived either a financing or inspection contingency last month. Days on Market increased 17.9 percent to 79 days.

Marketing

HomeLight

SEPTEMBER 30, 2022

At least get the home inspection so that you can therefore transfer the liability to the home inspector and not yourself when you’re filling out a condition report. In Wisconsin’s shifting market, “Condition is really going to drive days on market ,” Labus says. Invest in an appraisal or pre-inspection.

Purchase and sale agreement

Windemere Buying

APRIL 11, 2022

For a quarterly breakdown of local market conditions, explore our Market Updates page. With data analyzed by our Chief Economist Matthew Gardner, each report breaks down the latest figures in home sales, home prices, and days on market for regions throughout Windermere’s footprint. What can you afford?

Pre-approval

Housing Wire

MARCH 22, 2024

Get pre-approved with a local lender. Yes, many buyers will hop online and get a generic pre-approval letter. Yet they’ll be unable to because they aren’t pre-approved for that amount. Do not skip the inspection. If a buyer insists on waiving their inspection, get it in writing.

Agents

HomeLight

DECEMBER 7, 2021

Whether you’re buying, selling, or refinancing a home, you’re probably going to have to endure a home inspection. It can necessitate a lot of preparation and cause a certain amount of anxiety, but a home inspection is an important part of the process when you’re selling a home. But what’s inspected? Prepare for an inspection.

Inspection

HomeLight

AUGUST 12, 2022

Average days on market for Illinois. 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. Possibility of reducing negotiations from the inspection.

As-is

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

The Close

DECEMBER 29, 2022

A contingency might be the buyer selling their current house, requiring certain repairs to be made, or obtaining a clean termite inspection. Don’t you love it when the co-borrower is the client’s dad who comes along on the inspection and is suddenly an expert on chimney engineering? Days on market (DOM). Home inspection.

Purchase and sale agreement