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Homeownership Terms to Know: Rent-Back Agreement, Joint Tenancy & More

Windemere Buying

Rent-Back Agreement. A rent-back agreement (also known as a sale lease-back) is tailor-made for homeowners who are buying a home while selling their current one. When a tenant in common passes away, their ownership is bequeathed to their designated heir. 7 Signs You’re Ready to Buy a Home.

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It’s a seller’s market: What does that mean for contingencies?

Housing Wire

These contingencies are all designed to protect you as a borrower — to make sure you’re getting a safe and habitable property, that you have the funds to pay for it, and that you’re not stuck paying two mortgage payments at once. Sellers can have contingencies, too. Sellers can include contingencies, too.

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How to Sell Your Home With a Rent-Back Agreement

HomeLight

You have options, such as a rent-back agreement, aka, a lease-back deal, that would allow you to stay in the home you just sold a bit longer to give you time to find a new place, to wait for the next home to be built , or to let your children finish the school year. What is a rent-back agreement?

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Luxury Real Estate Headlines: Third Week in March 2021

Sotheby's International Real Estate

Idyllic Marin Cottage On Corinthian Island, $5M – California Home + Design. How a “Rent Back” Could Help You Win the Bid on Your Dream House – Apartment Therapy. Tom Cruise’s Action-Packed Colorado Estate Lists for $39.5 Million – Wall Street Journal. Is this the year of the suburb?

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6 Strategies for Representing Buyers in Today’s Market

RIS Media

For best results, host a training class or have a sales meeting discussion to review the following six buyer strategies designed to provide the highest value and achieve their buyer’s objectives for purchasing a home: Over-communicate how to compete as a buyer in today’s market. Be relentless and resourceful.

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How Will Kim Kardashian West and Kanye West Divide Up Their Real Estate Empire?

Realtor.com

West engaged the exclusive Belgian designer Axel Vervoordt to handle the rehab and installed a completely white, monastic-style aesthetic throughout the home. “The Wyoming property will go to Kanye as this is where he plans to build his technology, design, and innovation epicenter,” says Stewart. Complicated! realtor.com.

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Is a Home Sale Contingency Clause Always Necessary? Here Are Your Options

HomeLight

If you can’t sell your home within the time period designated in the contingency clause, and you decide to walk away, the seller is forced to begin all over again to market their home. Rent back to the seller. A home sale contingency presents a dilemma for the seller. It gives everyone a little breathing space.