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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. The money collected from sellers’ rent payments is an obvious bonus for buyers. 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. They mean a longer sales process, potential repair costs, and maybe even a lost deal altogether.

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

HomeLight

But one of the most influential bargaining tools is eliminating contingency clauses, especially the seller contingency clause, also known as the home sale contingency. ” “The home sale contingency adds another layer that a seller would have to take into consideration when evaluating an offer. Source: (Masjid MABA / Unsplash).

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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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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

. “However, most prenup terms well exceed the final settlement in order to get a signoff on the divorce, and the properties are divvied up to avoid the appearance of a fire sale,” she says. It seems that Kardashian West owns the land in and around the house, but the actual structure belongs to her soon-to-be ex. Complicated!

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Opendoor vs Offerpad: How Do These Homebuying Companies Match Up?

HomeLight

Alternatively, HomeLight can provide an all-cash offer to purchase your home through our Simple Sale platform. They offer a quick closing process designed to suit home sellers who need a fast transaction or just don’t want to be bothered with the fuss of listing. When you sell, they deduct the costs from your sale proceeds.