HomeLight
AUGUST 31, 2020
You will learn what each stage of the process looks like as we define the different terms clearly. You are typically required to have cash in hand (a cashier’s check and/or proof of funds) for the purchase price of the house and usually cannot get a mortgage loan for the property. Where HUD Homes come from.
HomeLight
FEBRUARY 3, 2022
With this method, you skip staging, repairs, and showings. Working on commission, estate sales professionals typically stage every room from the half-bath to the garage to show off every item available for sale. Stage an outdoor seating area (ranked as the #3 most-desired feature among today’s home buyers).
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HomeLight
SEPTEMBER 16, 2021
Since around 2005, homeowners have been able to request a free home value estimate online thanks to the development of algorithmic pricing tools. You should also request proof of funds to confirm that the buyer actually has the available cash to complete the purchase. Reduced fees. Is cash king? It’s your call!
HomeLight
DECEMBER 14, 2021
whether the home is priced correctly, and if you’ve taken measures to fix up and stage the home to impress. Sight-unseen offers from buyers have increased in recent years due to the development of virtual tours, video listings, and digital walkthroughs. With Simple Sale , you can skip repairs, staging, and even showing your home.
HomeLight
MARCH 13, 2023
As concrete foundations settle on sandy soil, houses may develop settlement cracks and other foundation issues. Reiner advises asking for proof of funds such as a bank statement to ensure the buyer has sufficient resources to close the deal. Be on the lookout for vacant homes in your development that are undergoing renovations.
The Close
DECEMBER 29, 2022
These mortgages were developed in the 1980s in an era of double-digit interest rates when borrowers were hopeful that the rates wouldn’t rise much more. Cost of funds index (COFI). Planned unit development (PUD). Proof of funds. These funds must be liquid, not stocks or bonds. Purchase agreement.
HomeLight
MARCH 16, 2023
Ramcharitar advises asking for proof of funds such as a bank statement to ensure the buyer has enough resources to cover the price of the home. An agent-assisted sale takes much longer as the process involves prep work , staging , showings , and open houses. The seller and buyer agree on a price and terms.
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