Real Trends

DECEMBER 27, 2022

Before a mortgage is approved, lenders will have a property appraisal. On the buyer’s side, if a property’s appraised value is lower than the contract’s value, the mortgage may be declined; the mortgage may be approved if the buyer contributes cash up-front (to make up for the difference in value). Asynchronous appraisal.

Sales 60

Sales Home sale contingency Pre-approval Inspection 60

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 52

Pre-approval Loan Officer Loans Property Management 52

HomeLight

SEPTEMBER 21, 2020

When hiring an agent, military sellers should focus on a key stat in the agent’s track record: days on market (DOM). Every city has an average days on market which refers to how quickly properties go from active to under contract (i.e., Keep in mind, days on market is not the total time it takes to sell a home.

VA loan 108

VA loan Purchase and sale agreement Loans Agents 108

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 112

Purchase and sale agreement Inspection MLS Inspection contingency 112

HomeLight

MARCH 30, 2021

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? It’s in your best interest to shop around for good mortgage rates and terms prior to getting pre-approved.

Due diligence 104

Due diligence Inspection Title Pre-approval 104

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. Not every buyer who has an approval letter will get to the finish line.”. Median sales price in Maryland. Disclosures.

As-is 115

As-is Inspection Investor Closing costs 115

HomeLight

MAY 23, 2022

Average days on market for Massachusetts. Hire them because of the process they do and their marketing plan because that’s what’s going to get you the most money.”. Consider a pre-listing inspection. That being said, a pre-listing inspection isn’t a necessity. Median sales price in Massachusetts. Disclosures.

As-is 108

As-is Inspection Investor Sales 108

HomeLight

DECEMBER 7, 2021

Usually, it’s the buyer, but the seller may schedule a pre-inspection before listing the home. However, some lenders require specific issues (such as rot, insect damage, or moisture problems) be addressed before a loan is funded. This can introduce you to a broad network of pre-approved cash buyers and investors.

Inspection 103

Inspection Purchase and sale agreement Pre-approval Closing 103

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. Has your home been sitting longer than the average ‘days on market’?

Inspection contingency 108

Inspection contingency Home sale contingency Pre-approval Agents 108

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. Be aware of minimum property standards for certain loans. Disclosures.

As-is 108

As-is Purchase and sale agreement Investor Closing costs 108

The Close

DECEMBER 29, 2022

Make sure clients who see an acceleration clause in their mortgage contracts understand that this allows their lender to demand repayment of the loan in full if they default on the loan. 4 Loan Questions Worth Asking. Basically, amortization is the preset schedule of mortgage loan payments, including interest, over time.

Purchase and sale agreement 98

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

HomeLight

OCTOBER 14, 2022

With an average of 59 days on market, she sells properties 51% faster than the average agent. They’re trying to loan you more money if they can.”. Here are key things to think about when considering an offer on your Pennsylvania home: Vet potential buyers by requiring a mortgage pre-approval letter or proof of funds.

Purchase and sale agreement 107

Purchase and sale agreement MLS Seller disclosure Agents 107