HomeLight

SEPTEMBER 1, 2020

There are pros and cons to consider when going this route, however, such as the fact that bank-owned properties often need more TLC than other homes on the market, and many are sold as-is. Purchasing a bank-owned property is different than purchasing a home on the general real estate market. There are other homes on the market.

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Banks Inspection contingency Inspection FHA loan 77

HomeLight

OCTOBER 30, 2020

A cash deal can close in as little as 7 days, while financed home purchases tend to take an average of 45 days to close. And if you add a home sale contingency into the mix (that is, if you need to sell your current home before you can buy a new one), closing the deal can take even longer. Financing issues. Makes sense, right?

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Closing Inspection contingency Title search Purchase and sale agreement 108

HomeLight

MARCH 13, 2023

Perhaps your Metro West resort-style condo isn’t bringing in the revenue you expected as a vacation rental and you don’t want to invest more money to list it on the market. Expanding population and job market fuel rental growth Greater Orlando’s population of 2.67 Need to Sell Your House Fast in Orlando? million people by 2030.

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Sales Investor Due diligence Renovation 79

HomeLight

SEPTEMBER 10, 2022

Kick-out clauses are often employed when the buyers have to sell their current home first, and the sellers want to continue marketing their home in the meantime. It’s common for buyers to use the equity in their current house to help finance the next one, so home sale contingencies are not unusual when the market isn’t red hot.

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Purchase and sale agreement Home sale contingency Sales Inspection contingency 92

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.

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Earnest money deposit Purchase and sale agreement Title Inspection 93

HomeLight

MAY 28, 2021

However, it’s vital to do your due diligence before buying a home as-is to protect yourself or you might just end up wasting your investment on a money pit. A seller may lack the resources or finances to complete repairs at the moment and doesn’t want to have that contingency to sell the home. What does sold as-is mean?

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As-is Inspection Title search Inspection contingency 68

HomeLight

AUGUST 9, 2022

How much you’ll put down depends on the specifics of your finances, and what kind of mortgage you’re getting. Drew May , a leading real estate agent in Augusta, Georgia, where Fort Gordon is located, says there is “no better financing” than a VA loan for military buyers. The money is delivered via cashier’s check or wire transfer.

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Earnest money deposit VA loan Purchase and sale agreement FHA loan 91

HomeLight

OCTOBER 29, 2020

The need for a competitive offer is stronger than ever these days, when experts nationwide agree that the events of 2020 have created a robust seller’s market. This means buyers need to come prepared with enticing offers and the capacity to quickly follow through, and nothing can sideline an otherwise stable deal like tricky contingencies.

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Purchase and sale agreement Pre-approval Earnest money deposit Inspection 78

HomeLight

AUGUST 24, 2022

Clients maximize the value of their quick home sale with a competitive top market offer and no additional fees, commission or upfront costs. Average days on market for Connecticut. He’s also familiar with the local market conditions, and can advise the seller on things to do to make the house more appealing to buyers.

As-is 94

As-is Inspection Investor Closing costs 94

HomeLight

SEPTEMBER 15, 2021

Comparative market analysis. Proposed marketing plan. Pre-listing inspection report. The mortgage lender might require a copy to finance the sale, so it would be good to have copies available just in case.”. Comparative market analysis. Not sure how much your house could go for on the current real estate market?

Purchase and sale agreement 110

Purchase and sale agreement Inspection Title Pre-approval 110

HomeLight

JULY 31, 2021

Brian Martucci , a personal finance expert for Money Crashers , says that cash buyers tend to target the types of properties and sellers that reinforce the inherent advantages of their strategy. If the whole house has been renovated recently and the seller wants full market value, they’re typically better off working with an agent.”.

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Earnest money deposit Inspection Proof of funds Inspection contingency 98

HomeLight

MARCH 16, 2023

We’ve gathered insights from real estate experts to create this guide for navigating Houston’s cash home buyer market so you can sell your property in as fast a time frame as you require. But newcomers who invested in Houston’s sizzling real estate market are backing off during the downturn. Need to Sell Your House Fast in Houston?

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Sales Purchase and sale agreement Earnest money deposit Investor 65