Redfin

AUGUST 6, 2025

In real estate, “in escrow” refers to a specific phase of the homebuying process when a neutral third party temporarily holds important funds and documents while the buyer and seller work toward finalizing the sale. The escrow account holds the deposit along with important documents like the purchase contract, loan paperwork, and the deed.

Earnest money deposit

AAOA

MAY 22, 2025

Understanding What Youre Really Buying When youre buying an apartment building , youre not just purchasing property, youre acquiring a business. Know Your Market Youve probably heard the phrase location, location, location. The local market is extremely important. So how do you know if a market is worth investing in?

Due diligence

Redfin

JUNE 5, 2025

At Redfin , we’re all about giving homebuyers the transparency and insights you need to confidently navigate the real estate market. The undeniable appeal of a cash offer in today’s market A cash offer really stands out in competitive housing markets. home purchases were made in cash in 2024.

Closing costs

AAOA

AUGUST 7, 2025

Perform thorough due diligence : Buyers of multifamily properties should conduct comprehensive inspections of the property to identify any potential ADA and FHA compliance issues. Compliance with ADA and FHA is crucial for developers, owners and purchasers of multifamily properties to avoid potential legal challenges.

Purchase and sale agreement

Redfin

JULY 8, 2025

Buying a preforeclosed home can offer opportunities but requires careful due diligence. This notice informs the homeowner that they have missed a specified number of mortgage payments and are in default of their loan agreement. These properties can sometimes be purchased below market value, but they often come with complexities.

Purchase and sale agreement

Redfin

JUNE 18, 2025

To sell land successfully, you need to price it correctly, prepare the property, list it on land-specific platforms, and market it to the right buyer type, such as developers, builders, or private individuals. But standing out in today’s market means going beyond the basics. Q: Can I sell land without a real estate agent?

Land

AAOA

APRIL 28, 2025

Explore lucrative opportunities through networking and financial due diligence. In a multi-family 1031 exchange, the investor sells a multi-family property and uses the proceeds to purchase another like-kind multi-family property. Multifamily investments offer wealth growth potential and tax savings.

Purchase and sale agreement

Rochester Real Estate

NOVEMBER 5, 2015

While selling for cash may result in receiving less than the market value, it can benefit those experiencing financial difficulties or dealing with challenging situations. If you sell to a real estate investor, you’ll likely sell for 30% or more below market value. (585) 704-7095 Contact Now Search Homes Home Fair Housing S.O.P.

As-is

Redfin

JANUARY 28, 2025

Whether you’re looking at homes in Salt Lake City or considering properties in another competitive market, like homes in Charlotte , assumable mortgages can be a smart move in the right situation. Assumable mortgages represent a unique opportunity in the right circumstances but require careful due diligence.

Loans

Redfin

AUGUST 5, 2025

That’s particularly true if you pay below the market price. Home buyers can legally purchase a home from their parents or any family member. Of course, this depends entirely on the circumstances of the sale, but you’ll likely avoid a bidding war. For example, you may have to make a larger down payment or pay extra due diligence.

Purchase and sale agreement

Housing Wire

JULY 10, 2024

In addition to general advisory consulting, I was involved in nearly 1,000 sales or acquisitions of entities in this industry. Like many, I read with some interest the controversy surrounding the announced sale of REColorado, a Denver market area MLS , by its two shareholders to a private group.

Purchase and sale agreement

Housing Wire

AUGUST 12, 2022

Fannie Mae has launched its fourth reperforming-loan sale of the year — an offering of 6,130 loans with an unpaid principal balance of $997 million. The reperforming-loan sale is slated to close by late October 2022, after due-diligence period. billion, according to an analysis of the agency’s records.

Loans

HomeLight

MARCH 7, 2024

But what happens if you’re now facing the decision of submitting a buyer cancellation of the purchase agreement? In this guide, we’ll break down what you need to know about buyer cancellation of a purchase agreement. What is a home purchase agreement?

Purchase and sale agreement

AAOA

MARCH 20, 2025

Due diligence is a critical step in purchasing real estate. This includes performing physical due diligence on the building, financial due diligence by reviewing financial records and all the paperwork, and legal due diligence to ensure everything is in order from a legal perspective.

Due diligence

HomeLight

JUNE 23, 2022

In many cases, if a homebuyer wants to back out of a contract and retrieve their earnest money, they’ll be able to find a way to do so within the confines of the real estate purchase contract. The typical amount is around 1% of the purchase price (ex. $5k 5k for a $500K home). Is earnest money refundable?

Earnest money deposit

Realty Biz

FEBRUARY 20, 2021

Given they are significant legal terms in a purchase and sale, it is essential to have a strong working knowledge of how they work. Some of these clauses can benefit you when purchasing a home, so we will look at some of the contingency clauses you might encounter when buying a property. Real Estate Contingencies Explained.

Purchase and sale agreement

Realty Biz

JUNE 15, 2022

Things to Find Out Before Purchasing Land. Performing due diligence is vital when purchasing a home. However, it is important to ask questions and get advice before making a purchase. These are the questions that you should either ask a Realtor or a land owner before making a purchase. Is The Land Buildable?

Land

HomeLight

AUGUST 31, 2021

But what if a portion of your rent were going toward purchasing your rental home at a later date? Rent-to-own basics: Crediting rent toward a future purchase. A rent-to-own deal means you can start paying toward a home purchase even if you can’t technically qualify for a mortgage yet. Source: ( Shopify Partners / Burst ).

Purchase and sale agreement

HomeLight

SEPTEMBER 10, 2022

Say you’re visiting yard sales on a Saturday morning and you come across the perfect wicker patio set, exactly what you’ve been looking for. 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.

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

Realtor.com

JANUARY 12, 2021

When is a sale a sale? It is absolutely critical that, as a seller, you understand the purchase agreement and any counteroffers you sign. “Read the agreements to find out if you have any outs in the contract,” says Meyers. Then it happens—another offer comes in, and a better one at that.

Backup offer

Realtor.com

JANUARY 13, 2021

Katsumi Murouchi; ablokhin; Anna Peisl/Getty Images I thought I was up to the challenge of a long-distance home purchase during a pandemic. I had a trusted real estate agent from my last house purchase. Plus, I look at real estate listings as a hobby even when I’m not in the market for new property. I knew the area.

Due diligence

HomeLight

FEBRUARY 14, 2022

These possibilities can be stipulated in the rent-to-own agreement — which is also sometimes referred to as lease-purchase, or a lease-option agreement. With a rent-to-own or a lease-purchase agreement, however, the tenant has already agreed to buy the home after a specified period.

Purchase and sale agreement

Realty Biz

SEPTEMBER 26, 2023

Over the years, its real estate market has seen both challenges and growth, shaped by its historical context, economic shifts, and evolving legislative norms. For those searching for Greece property for sale , understanding the intricacies of the country's real estate regulations and practices is paramount.

Purchase and sale agreement

Marco Santarelli

AUGUST 18, 2020

What is it doing to the Boston housing market? And what can we predict for the future of the Boston real estate market? Severe limitations on property access had slowed the real estate market activity across metropolitan Boston in the past three months. However, the market has started to bounce back.

Marketing

HomeLight

NOVEMBER 1, 2021

If you suspect this is the case and have evidence to back it up, you may be able to save the sale if you can convince the appraiser to reconsider. Approximately 9% of home appraisals come in below the sales price. During the pandemic there has been a shortage of available homes in a hot market. Reconsideration of value process.

Sales

HomeLight

JUNE 19, 2023

We talked with real estate professionals who specialize in the rent-to-own process in order to get an insider’s look at how to navigate the rent-to-own market from a buyer’s perspective. Basically, a rent-to-own real estate purchase means that you can live in the house as a renter with the intent to close on the home at a date in the future.

Purchase and sale agreement

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

HomeLight

MAY 24, 2022

If you only pay cash for the down payment, and take out a mortgage for the remainder of the purchase price, it keeps more money in your pocket. In a competitive market, paying cash could help you beat out other homebuyers. Everyone involved will need time to perform their due diligence. A cash sale: Start to finish.

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

DECEMBER 31, 2020

You can put so much effort into prepping your house for sale that you forget what happens after you receive an offer. Putting your John Hancock on a home sale contract might feel like the completion of a major financial deal, but it’s actually just the beginning of the home sale process. What does “sale pending” mean?

Closing

HomeLight

FEBRUARY 4, 2022

If you haven’t purchased a home before, you probably have lots of questions about the process. Source: (LinkedIn Sales Solutions / Unsplash). Work with you to write a compelling purchase offer. Guide you through the steps of due diligence and inspections. Agents really know the real estate market.

Agents

Toronto Realty Blog

MAY 5, 2021

If you purchased a condo and the listing read, “525 square feet,” what would you take that to mean? In July 2020, Michael Mitchell and Richard Bowring listed their Mississauga bungalow for sale on the Multiple Listing Service (MLS). Is it 525 square feet per builder plan, ie. the one that measures from inside the walls?

Purchase and sale agreement

Realty Biz

SEPTEMBER 14, 2023

They have a comprehensive understanding of real estate laws and regulations, which allows them to identify any potential issues or risks associated with a property purchase. Let's explore the different parties: Buyers Real estate attorneys work closely with buyers to navigate the complex legal aspects of purchasing a property.

Purchase and sale agreement

HomeLight

SEPTEMBER 13, 2022

Selling a house to a family member is typically a much quicker and simpler process than selling on the open market. There are several ways to receive an estimate of your home’s current market value. The traditional methods are to get an appraisal or have a real estate agent conduct a comparative market analysis (CMA).

Purchase and sale agreement

HomeLight

DECEMBER 30, 2021

When you make an offer to buy a house, you’ll sign and initial contracts for each offer, and when one is accepted, it’s now officially a purchase agreement , which becomes a legal document. Matt Laricy is a top agent in Chicago , completing 41% more sales than the average agent in his area. Matt Laricy. Real Estate Agent.

Purchase and sale agreement

HomeLight

AUGUST 24, 2022

Looking to connect with a Florida cash home buyer for a quick sale in the Sunshine State? The destination’s great weather and tax-friendliness bring a steady stream of buyers to the market, and cash buyers help make sellers’ homes fly. A cash offer can lead to a speedier and lower hassle sale. Do your due diligence.

Purchase and sale agreement