Marco Santarelli

OCTOBER 20, 2023

It helps you define your target market, analyze your competition, and identify your unique value proposition. You can use tools like Canva or LogoMaker to create your own brand identity or hire a professional designer to help you. A business plan also helps you secure funding, attract partners, and measure your progress.

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Due diligence Purchase and sale agreement Branding Finance 52

The Residential Specialist

SEPTEMBER 28, 2020

David Washington, CRS, has been active in many facets of the real estate business over the past 15 years, including inspection, appraisal and brokerage services. I take a lot of continuing education and have accumulated a number of designations.”. So, from initial walkthrough, contract terms, inspection, due diligence, etc.,

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Due diligence Inspection Staging Technology 98

Realty Biz

FEBRUARY 20, 2021

Home inspection: often called a due diligence contingency, will give the buyer rights to have the house inspected. Most buyers will have a home inspection contingency in their contract. Home sale contingencies are often frowned upon due to their risky nature.

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Purchase and sale agreement Inspection contingency Earnest money deposit Home sale contingency 135

HomeLight

MAY 26, 2021

This due diligence protects the lender in case you default and they need to recover their costs. The difference between a home appraisal and a home inspection. Let’s brush up on the difference between two important terms: home appraisal and home inspection. A home inspection : . Be your best advocate.

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Inspection Residential Due diligence Title search 94

Realtor.com

JANUARY 12, 2021

For example, the buyer has specific obligations called contingencies, which include things such as loan approval, home inspection, and a home appraisal. If the buyer fails to meet these contingencies by a designated date, the seller can cancel the agreement and then accept another offer.

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Backup offer Purchase and sale agreement Due diligence Inspection 115

HomeLight

OCTOBER 29, 2021

You still have to make it through the house closing process, where inspections , credit problems, or paperwork issues can trip you up. Average time decreased from earlier in the year, when the market was extremely hot. The lender needs to do their due diligence on the property you’re buying, too.

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HomeLight

MAY 28, 2021

But there are protections in place that are designed to prevent the sale of a “lemon” house equivalent. Inspections. Home inspections are the best way for a buyer to prevent getting a “lemon” house. Basic home inspections don’t cover everything , though. That’s why due diligence on the part of a homebuyer is vital.

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Inspection contingency Inspection Seller disclosure Due diligence 80

Redfin

DECEMBER 18, 2023

Successfully closing on a house in today’s market is an achievement worth celebrating. Create a checklist of home projects based on the home inspection Use your home inspection checklist to address immediate household problems, prioritizing major issues for safety concerns before tackling minor repairs.

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Inspection Due diligence Closing As-is 70

Housing Wire

DECEMBER 7, 2023

Exam Prep: The Basic Prelicensing package features three e-books and a course manual designed to help you retain essential real estate concepts and prepare for the state exam. And Exam Prep Plus includes 40 hours a month of Live Q&A with local instructors for a personal, guided approach.

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HR Pre-approval Brokerage Commercial 363

HomeLight

SEPTEMBER 30, 2020

With online foreclosure auctions, you submit your offer digitally during a designated day and time. The title’s been checked out, you can go inside the house and look at it and do all your due diligence. With the courthouse steps [auction], you literally do no due diligence.”. Online foreclosure auctions.

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Due diligence Hard money loan Finance Banks 98

Toronto Realty Blog

MARCH 30, 2022

Did you enjoy the post about home inspections on Monday, or did you want to want to get political, yet again? So far this year, I’ve talked a lot about the inner workings of the Toronto real estate industry as well as how the municipal, provincial, and federal governments are impacting our local market. TorontoRealtyBlog.

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Purchase and sale agreement Inspection Finance Construction 74

HomeLight

AUGUST 18, 2020

You can’t just say that this size addition is going to be X amount of dollars per square foot,” says Jim Pitzen , a licensed architect and Design Consultant for the S.J. Room addition costs in your market. Estimate room addition costs in your market. That’s a helpful start, but those are pretty big windows. Source: ( S.J.

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Renovation Construction Due diligence Design 114

HomeLight

OCTOBER 5, 2020

A short sale comes about when, for whatever reason — be it a financial hardship, job loss, or drastic real estate market downturn — the amount a homeowner still owes on their mortgage is more than what their house is currently worth. In this case, the research and development phase begins, to determine what a fair-market value would be.

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Short sale Sales Banks Due diligence 64

Realty Biz

JULY 31, 2023

Some houses may require minor repairs and cosmetic updates, while others might need extensive renovations to make them marketable. Showcase unique features, architectural details, or any redeeming qualities that set it apart from other properties in the market. It is essential to recognize that poor conditions can vary in severity.

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Purchase and sale agreement Investor Renovation Sales 81

The Close

APRIL 11, 2023

Is the market roller coaster of 2023 getting to you? And as a bonus, we designed and formatted 18 of these jokes for you to download and share on social media! So, where do you think the real estate market is headed?” The Inspector Is Here Baby, we can definitely skip the inspection because I can already tell you’re flawless!

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Agents Due diligence Brokerage Land 145

Marco Santarelli

SEPTEMBER 6, 2023

It is determined based on various factors, including the property's size, location, improvements, and local real estate market conditions. Income Approach: This method assesses the land's value based on its potential income, such as rental income or agricultural yield, taking into account factors like location and market demand.

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Land Purchase and sale agreement Investor Due diligence 52

HomeLight

AUGUST 31, 2021

And because rent-to-own agreements tend to occur organically — they generally aren’t listed and marketed in the same way as conventional sales or rental offers — special terms can often be written in from the outset. You’re paying less toward the price of the house than you’d think. You’re on the hook for repairs to the house.

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Purchase and sale agreement Due diligence Closing costs Mortgages 122

HomeLight

OCTOBER 26, 2021

The home inspection is a buyer’s single best opportunity to assess a home’s condition. Put another way, the inspection will let you know if you can celebrate, should save for necessary repairs, or run for the hills. But what’s most important in a home inspection? And what happens if you get a problematic inspection report?

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Inspection Purchase and sale agreement Due diligence Closing 75

HomeLight

APRIL 30, 2021

When you confirm your roof needs replacement — either by its age, an inspection, or signs of wear and tear — don’t delay this project. One of the most crucial steps in a roof replacement is removing all of the old layers, which allows the installer to inspect the decking for water damage and rot before the new roofing system is installed.

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Construction Renovation Due diligence Commercial 76

Redfin

MAY 2, 2023

An overview of the Colorado housing market In the last year, the housing market in Colorado has been fiercely competitive due to significant demand, causing home prices to rise rapidly, particularly in sought-after locations such as Denver, Boulder, and various mountain towns. Are house prices in Colorado dropping?

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Pre-approval FHA loan Loans Finance 56

Realty Biz

JUNE 4, 2023

That’s why the virtual data room market is flourishing rapidly and has crossed the billion-dollar mark. The term “multi-purpose” here means that virtual data rooms are designed to perform different functions for different business types or sizes. What is a virtual data room?

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Due diligence Investor Title search Development 80

HomeLight

AUGUST 28, 2020

What can I get per square foot in the current market? When making decisions, look at the overall rental market as well as a specific property. It’s important to do some market research on rent rates before buying a rental property or listing a room. Questions to ask include: Is it rentable? What’s my likely vacancy rate?

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Property Management Investor Due diligence MLS 55

HomeLight

MARCH 13, 2023

Perhaps your Metro West resort-style condo isn’t bringing in the revenue you expected as a vacation rental and you don’t want to invest more money to list it on the market. Expanding population and job market fuel rental growth Greater Orlando’s population of 2.67 Need to Sell Your House Fast in Orlando? million people by 2030.

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Sales Investor Due diligence Renovation 81

HomeLight

FEBRUARY 4, 2022

But for buyers especially, a good agent can make all the difference — they’ll simplify the process and not only make sure you find the right home for your lifestyle and budget, but they’ll also be able to help you make the most of current market conditions and maximize your dollar. Guide you through the steps of due diligence and inspections.

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Agents Purchase and sale agreement Due diligence Inspection 95

HomeLight

MAY 28, 2021

However, it’s vital to do your due diligence before buying a home as-is to protect yourself or you might just end up wasting your investment on a money pit. An example: Let’s say a property is listed as-is, and a home inspection finds a leaky roof and foundation issues. Sometimes you still have the ability to back out.

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HomeLight

FEBRUARY 9, 2023

Find a Top New York State Agent to Help You Navigate Disclosures HomeLight can connect you with a top-performing agent in your New York State market who can help you navigate your entire home-selling journey — from disclosures to closing. When buyers waive inspections, they are less aware of defects with properties. According to N.Y.

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Purchase and sale agreement Inspection Residential Agents 83

HomeLight

FEBRUARY 21, 2023

Top-performing Georgia real estate agent Teresa Cowart works with 77% more single-family homes than the average agent in her Richmond Hill market. Georgia is a ‘buyer beware’ state and buyers are expected to do their own due diligence before purchasing a home. Skip repairs and close in as few as 10 days.

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As-is Investor Inspection Closing costs 76

HomeLight

OCTOBER 29, 2021

Chicago agent Matt Laricy , who has more than 19 years of experience in the industry and completes 41% more sales than the average agent in his area, says that due diligence when vetting a builder is crucial. Or a designated laundry room? The inspections (there will be a few!). Framing inspection.

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New Construction Construction Inspection Development 78

Redfin

MARCH 15, 2021

The housing market is hot! But even in a seller’s market, where there are far more buyers than homes for sale, there is no guarantee your home will attract multiple offers. But even in a seller’s market, where there are far more buyers than homes for sale, there is no guarantee your home will attract multiple offers.

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Inspection Staging Inspection contingency Due diligence 72

HomeLight

FEBRUARY 28, 2021

We also interviewed home remodeling and inspection specialists to help you avoid common pitfalls so you can learn how to navigate the market and buy a house in Salt Lake City. According to the Greater Avenues Community Council, more than 100 architect-designed homes have been identified in the Avenues Historic District.

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Marketing Inspection Inspection contingency Due diligence 54

Redfin

JANUARY 6, 2021

If you’ve been searching the real estate market for the perfect home and just haven’t found the one for you , building a house can be the best possible way to guarantee the house of your dreams. They will work with you to coordinate costs and design your ideal home, inside and out. The options are endless.

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Construction Land New Construction Inspection 59

HomeLight

OCTOBER 14, 2021

When you are in the market to replace old windows, Johnny Tipton, division manager of Ascension General Contractors in Nashville, Tennessee, advises that you “compare apples to apples, and not apples to bananas.” These things may even show up on your inspection report. Well, since we’re not looking to make a pie, what does Tipton mean?

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Due diligence Renovation Inspection As-is 84

HomeLight

OCTOBER 17, 2022

HomeLight’s free Agent Match platform can connect you with a top-performing agent in your market who can help you navigate your entire home-selling journey — from disclosures to closing. She advises that a buyer may need to do more due diligence in inspecting the property closely because “the seller doesn’t always know the answers.”.

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Seller disclosure Homeowner’s association Due diligence Agents 92

Marco Santarelli

AUGUST 21, 2020

As we enter into the 3rd quarter of 2020, Miami remains a buyers' market and investors need to capitalize on this advantage while it is still there. We will discuss the latest Miami real estate market trends and find out how they can affect the investors and homebuyers in the latter half of 2020. Months Supply of Inventory was 4.3

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Marketing Investor Sales As-is 126

HomeLight

MAY 27, 2021

Maureen Kile , a real estate agent from Tulsa , Oklahoma, who has worked with 75% more single-family homes than the average agent in her market, notes that lenders will always check a buyer’s credit score; the higher the score, the better the loan terms. Preapproval is vital, especially in a hot real estate market.

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Loans Mortgages Title FHA loan 82

HomeLight

SEPTEMBER 30, 2022

Real Estate Agent at Hammond Real Estate REALTOR®, SRES®, CLHMS (Certified Luxury Home Marketing Specialist). For this reason, they may encourage you to work directly with their in-house agent in an effort to save some marketing costs. Even with new construction homes it’s important to do your due diligence.

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Construction Purchase and sale agreement New Construction Inspection 106

HomeLight

DECEMBER 6, 2022

In recent years, the hot New Jersey real estate market and a steep rise in equity added extra incentive to maximize profits. As the market shifts, you may have new concerns about how much you can get for your home and the amount of your net proceeds. less than agent-marketed sales. As you can see, FSBO is a mixed bag.

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Purchase and sale agreement MLS Pre-approval Agents 78