Housing Wire

FEBRUARY 9, 2022

While the real estate industry has witnessed the introduction of a number of spectacular and innovative developments in recent years, we still (sometimes unfairly) get tagged as “old fashioned” or “conservative.” and get a pre-approval for a mortgage from the comfort of your own laptop.

Industrial

Housing Wire

NOVEMBER 13, 2023

In Florida, getting licensed as a real estate agent begins with the completion of an approved 63-hour Sales Associate prelicensing course. Final Exam: In order to earn your FREC Approved 63-Hour Real Estate Prelicensing Education Certificate, you need to take and pass a course final exam.

Purchase and sale agreement

Housing Wire

DECEMBER 8, 2023

We’ve reviewed all the key information to determine the best Arizona real estate schools to help you get licensed quickly and efficiently with a state-approved, online program at an Arizona real estate school. Course includes contracts used in real estate transactions with samples and practical contract completion exercises.

HR

Toronto Realty Blog

NOVEMBER 13, 2023

Peter tells John, “I wanted to let you know that I am going to list the condo for sale.” The property is listed for sale and ends up selling after about three weeks. Bob the Buyer is a young man who is purchasing his first home, and is excited to move into the condo in the fall. And what does Bob the Buyer do?

Purchase and sale agreement

Toronto Realty Blog

FEBRUARY 27, 2023

Thank you for taking us back to that place that we all thought we had left for good: pre-construction. about the pre-construction condo industry just as soon as this blog was launched back in 2007. Pre-construction “experts.” Blog reader Densha asked about pre-construction condo delays and it’s a good topic.

Construction

Toronto Realty Blog

SEPTEMBER 19, 2022

I have been perhaps the harshest critic of the pre-construction condominium industry in Ontario over the past two decades. Some of you, reading this, have made money in pre-construction. I think I grew so disenfranchised with writing about the perils of pre-con that I finally stopped. I have no doubt about that.

Construction

Toronto Realty Blog

MARCH 1, 2023

These are in no particular order, other than what I think of when I really question why a condominium project might be canceled in Toronto… – 1) Zoning and approval. I see the failed 2007 development called “Giraffe Condos.” Some are anti-development and others are all for it. I see a leopard.

Construction

Toronto Realty Blog

MAY 16, 2022

When the government mandated a 20% down payment on properties of a $1,000,000 purchase price or higher, that meant that $800,000 properties shot up to the high-$900’s essentially overnight. Let’s say a developer is building a 100-unit condo. Let’s say the developer is selling these condos for $1,000 per square foot.

Construction

Toronto Realty Blog

JANUARY 22, 2021

Last week, when our in-house legal counsel told us about a recent ruling with respect to the developers of Museum FLTS , I said this aloud. Let’s rewind… Back in October of 2017, a pre-construction, stupidly-named “Museum FLTS,” was cancelled. Often under my breath, or often to somebody I’m talking to.

Purchase and sale agreement

HomeLight

SEPTEMBER 15, 2021

Even if you’re listing your home without a Realtor’s® help, you’ll still need to gather the necessary paperwork for the sale and fill it out correctly. We hope it helps illuminate this tricky part of the sale, while giving you an honest idea of just how complex real estate transactions can be! Original sale contract.

Purchase and sale agreement

HomeLight

MARCH 13, 2023

A cash sale may provide the speed and efficiency you need. Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. Buyers were liquid with cash and there are a lot of sellers going that route rather than waiting on a traditional sale.

Sales

Toronto Realty Blog

MARCH 10, 2025

Imagine that you’re purchasing a pre-construction condominium or a house that’s to be built by a developer, and these are closing well into the future. As I have mentioned many, many times before, I got into the real estate industry in 2004 when pre-construction prices were lower than comparable resale.

Purchase and sale agreement

Easy Agent Pro

SEPTEMBER 5, 2023

Carefully consider factors like inventory levels, average sale prices, and average days on the market before making decisions. Are there upcoming developments or infrastructure projects that could impact property values? Once you’ve established a budget, seek pre-approval from a reputable lender.

Earnest money deposit

HomeLight

MARCH 16, 2023

Do you need to connect with cash home buyers in Houston for a fast sale? Whatever your reason for needing a quick sale without making expensive repairs, Houston is teeming with cash home buyers ready to make you an offer no matter your home’s condition. Need to Sell Your House Fast in Houston? No showings, no repairs, no open houses.

Sales

McKissock

AUGUST 13, 2021

Why must an appraiser be given a copy of the sales contract? First and foremost, Standards Rule 1-5 in the Uniform Standards of Professional Appraisal Practice (USPAP) states that we are to: “analyze all agreements of sale.” Learn more in our free guide, The ROI of Professional Development for Appraisers.

Sales

Toronto Realty Blog

FEBRUARY 16, 2022

Do you think that if and when a development enters their world, that they don’t like, that they will not reach out to city councilors? ” The idea of “pre-approved, qualified, third-party technical consultants” has me cringing. And what is the city councilor going to do? ” 16.

Pre-approval

Redfin

AUGUST 21, 2020

Purchasing your first home is a big move. For some, it represents the independence they’ve been striving for, while others see their home purchase as a path to financial security and a way to create a safe haven for their family. . This information is a standard requirement for a real estate agent’s listing agreement.

Pre-approval

Toronto Realty Blog

MARCH 25, 2022

The organization also criticized the First-Time Home Buyers Incentive program, a shared-equity program launched in September 2019 that offers five per cent toward the down payment for a first-time buyer’s purchase of an existing resale home, or 10 per cent for a newly constructed home. million in February, a 35 per cent year-over-year jump.

Purchase and sale agreement

Toronto Realty Blog

AUGUST 29, 2022

Announces 3-Day Cooling Period For Home Sales To Reduce Risk To Buyers” July 21st, 2022. per cent of the purchase price, or $250 for every $100,000, for those who back out of a deal, balancing the needs of both buyers and sellers. Here’s an article that ran last month: “B.C.

Inspection

Marco Santarelli

AUGUST 18, 2020

In June, the pending sales of single-family homes jumped 43.6 percent from 1,187 homes put under agreement in May, and condo pending sales climbed and even more impressive 51.7 percent from 782 units placed under agreement in May, according to GBAR. The median sale price was $679K. year-over-year.

Marketing

HomeLight

AUGUST 31, 2021

We talked to agents, builders, and other top industry experts to develop this guide that’ll help you make the most out of working with an agent on your new-home purchase and to find out what they can do for you. Purchase contracts aren’t standard legal boilerplate. Decoding the fine print of new-construction paperwork.

Agents

HomeLight

AUGUST 16, 2021

Source: (LinkedIn Sales Solutions / Unsplash). Qualify for this program sponsored by the Department of Housing and Urban Development (HUD) if you are an emergency medical technician, firefighter, K-12 teacher, or law enforcement officer. But if you don’t know how to get one, then you might feel daunted — even discouraged.

Loans

Toronto Realty Blog

NOVEMBER 3, 2021

In that 2019 blog post, I explained what happens when a buyer, after signing a firm agreement of purchase and sale, doesn’t show up with the deposit the next day. The buyer of the house was an agent purchasing for her own family. This sale was signed, sealed, and delivered, so to speak.

Purchase and sale agreement

Marco Santarelli

AUGUST 17, 2020

® offers a comprehensive list of for-sale properties, as well as the information and tools to make informed real estate decisions. For example, it provides a quick snapshot of local markets like the median sale price and average price per square foot so you can estimate what a house is worth on the market in good condition. Realtor.com®

Purchase and sale agreement

HomeLight

DECEMBER 13, 2022

When the time comes to move, some tenacious homeowners in Virginia are eager to take over the reins of their home sale and figure out how to sell a house by owner. With millions of homes sold each year, a modest portion of sellers — about 7% in 2021 and 10% in 2022 — choose to list “For Sale By Owner” (or FSBO — pronounced fizz-bow).

Purchase and sale agreement

Marco Santarelli

JULY 27, 2024

Understanding this dynamic can help homebuyers make informed decisions about timing their purchases and securing their mortgage rates. Additionally, global economic conditions, such as international trade agreements and geopolitical occurrences, can have unforeseen effects on U.S. Each home sale is unique, and timing can be everything.

Mortgages

HomeLight

OCTOBER 14, 2022

When the time comes to move, some tenacious homeowners in Pennsylvania are eager to take over the reins of their home sale and figure out how to sell a house by owner. With millions of homes sold each year, a modest portion of sellers — about 7% in the last few years — choose to list “For Sale By Owner” or FSBO (pronounced fizz-bow).

Purchase and sale agreement

Marco Santarelli

AUGUST 16, 2024

Factor in all costs: The purchase price is just the tip of the iceberg. Laying the Foundation: Pre-Investment Essentials A successful real estate investment journey begins with a solid foundation. Get pre-approved for a mortgage: This strengthens your position as a serious buyer and streamlines the purchase process.

Due diligence

The Close

DECEMBER 15, 2023

It isn’t easy, but if you develop the skills needed to work with investors, you could position yourself to close 50 deals a year or more. Create a full investment profile and pre-approval mortgage application so you understand your client’s financial position and real estate investment goals.

Investor

Toronto Realty Blog

SEPTEMBER 23, 2022

But then as I started to write, started to research, and began to accumulate articles from the last decade about shady developers and condominium cancellations, I realized this topic necessitated a two-part blog. Condominium cancellations were rampant in the pre-construction industry and people were starting to get pissed.

Construction

HomeLight

MAY 26, 2021

You’ve finally decided to purchase your first home and you have your sights set on a place in the city! You can purchase or sell shares at any price in the market, and you build equity (or make money off a sale) just like a normal transaction with a condo or single-family home. Source: (LinkedIn Sales Solutions / Unsplash).

Purchase and sale agreement

HomeLight

OCTOBER 27, 2021

In fact, the homeowner might even have a plan to catch up on the mortgage, and in the end, the home won’t end up in any kind of sale.). If you’re going to be buying the preforeclosure with a mortgage, your purchase agreement is contingent on your ability to secure a loan, so getting preapproved is important.

Purchase and sale agreement

HomeLight

MARCH 17, 2021

The planning stage (1 to 3 years before purchase). “If you want to buy a house, you need to have money saved up,” says April Mason , an agent in Corpus Christi , Texas, who has completed 24% more sales than the average agent in her market. Pre-qualification is just an estimate of what size loan you might qualify for.

Pre-approval

Toronto Realty Blog

DECEMBER 16, 2024

– #5: The Death Of Pre-Construction Condos There are only two times that you’re allowed to celebrate death: 1) When famed WWF wrestler, The Undertaker , falls into a casket and you know that he’s playing possum and will return shortly. Or last Thursday’s. Hope you enjoy! The timing could not have been more awkward.

Pre-approval

Toronto Realty Blog

DECEMBER 14, 2022

Tomlinson exposed multiple instances of bad practices in the Vancouver real estate market, including the now-infamous “assignment” of existing agreements, in this column: “The Real Estate Technique Fuelling Vancouver’s Housing Market”. October 19th, 2022, I wrote, “Should Tenants Be Pre Approved For Candidacy?”

Development

Toronto Realty Blog

MAY 26, 2022

I would say that 7/10 of them are hearing me and in agreement…” She laughed. Of course, I looked up the history of the home and saw that he purchased it in 2009 for $752,000, and offered, “You know, you’re doing pretty well here, all things considered.” in developing countries. She understood.

Fixed-rate mortgage

The Close

DECEMBER 29, 2022

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. Active contingent. Call option.

Purchase and sale agreement