Remove Development Remove Due diligence Remove Earnest money deposit Remove Sales
article thumbnail

Real Estate Investing for Beginners: Expert Tips for Buying Your First Investment Property

Redfin

From relationship building to conducting due diligence, you’ll be equipped with the knowledge and strategies to enter the world of real estate investing and buy your first investment property with ease. Let’s get started! Manor either has or is working to have it all as we speak,” says Jones.

article thumbnail

Things a Lawyer For Real Estate Does For Buyers

Realty Biz

Attorneys assist in reviewing and negotiating sale agreements, clearing title issues, and preparing all necessary legal documents. Facilitating the Transfer of Funds Large sums of money are involved during the purchase, including down payments, earnest money deposits , and closing costs.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Get Your Own Slice of the Big Apple: Buying a House in Manhattan

HomeLight

to as high as 6% of the sale price, so be sure to leave room in your budget for your attorney and real estate agent, as well as for filing fees and other required deposits. A lot of times, it’s not unusual for a homebuyer to submit an offer, and they’re being asked to wire over 10% within a week” for an earnest money deposit.

article thumbnail

Find Cash Home Buyers in Houston for a Fast, Simple Sale

HomeLight

Do you need to connect with cash home buyers in Houston for a fast sale? Perhaps you’re relocating for your dream job in two weeks, but you don’t have the time or money to replace the roof on your University Place ranch that has sprung a leak. Need to Sell Your House Fast in Houston? No showings, no repairs, no open houses.

Sales 65
article thumbnail

Buying a House in Atlanta? Be Ready for Hot Summers and Hot Market

HomeLight

The median sales price of single-family homes in the region was $291,000 in May 2020 , the Atlanta Board of Realtors reported. Many communities in Atlanta, especially in the suburbs, are subdivisions or planned unit developments. Houses also sell for a premium in June, when the average sales price is 7.58% above the annual average.

article thumbnail

131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

This tool, also known as a like-kind exchange, allows investors to defer paying capital gains taxes on a sale. ” If a property is active contingent, a buyer has submitted an offer to purchase a property, but the sale won’t be finalized until certain conditions, or contingencies, are met. Comparable sales (comps).