Due diligence Earnest money deposit Marketing Title search 
Realty Biz
SEPTEMBER 14, 2023
Attorneys ensure that the loan documentation is executed correctly, review the terms and conditions of the mortgage, and confirm that the property's title is clear and suitable for collateral. Lawyers do this by performing a title search. They ensure that all necessary documents are prepared accurately and legally.
Realty Biz
NOVEMBER 11, 2020
How your real estate agent markets your property when an offer has been accepted can have vital implications. They will also get their earnest money deposit back , and the home will go back on the market. Will they be marketing the home properly? Sometimes real estate markets heavily favor sellers.
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HomeLight
OCTOBER 5, 2020
One important factor in how much a house will go for at a foreclosure auction is its appraised value — the professional estimate of its worth in the current market. Knowing the ins and outs of the market you’re hoping to buy in will help you estimate a potential auction price. Current market. Appraised value.
HomeLight
JUNE 23, 2022
However, if the buyer terminates the contract for any other reason not specified in these conditions, the seller is typically entitled to keep the earnest money as a concession for the time they took the home off the market to enter into the exclusive agreement. Is earnest money refundable?
HomeLight
JULY 26, 2022
For sellers in neighborhoods with many recently sold homes, it can be easier to determine what their asking price should be based on estimated market value. The housing market can also play a role in the seller deciding to sell the home themselves. One of the benefits of hiring a listing agent is their marketing expertise.
HomeLight
OCTOBER 30, 2020
For example, let’s say the market crashes, and your 401(k) loses a huge amount of value overnight. You were planning to take money out of the account to cover your cash purchase. Suddenly, you have less money than you realized. The title isn’t clear. Financing can still cause a delay, even when it comes to cash!
HomeLight
APRIL 30, 2021
Competition is heating up in real estate markets across the country as homebuyers struggle to make their offers stand out from the pack. Homes fly off the market in days, not weeks; offers go well over asking price; and bidding wars are increasingly the norm. You’re not leveraging your money. Cash offers are more competitive.
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