HomeLight

MAY 15, 2024

Whether you’re on a short selling timeline or own a house that needs significant work, a cash home sale offers clear advantages. Sell Your Indianapolis House Fast With an All-Cash Offer Get an all-cash, no-obligation offer on your Indianapolis home through HomeLight’s Simple Sale platform whenever you’re ready.

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Proof of funds Due diligence Investor Renovation 92

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.

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Sales Purchase and sale agreement Due diligence Inspection 91

Redfin

JUNE 21, 2023

From relationship building to conducting due diligence, you’ll be equipped with the knowledge and strategies to enter the world of real estate investing and buy your first investment property with ease. Let’s get started! Manor, Texas, has seen significant housing growth year over year.

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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.

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Sales Purchase and sale agreement Earnest money deposit Investor 67

Marco Santarelli

AUGUST 28, 2023

The balanced market conditions and the 100% sale-to-list price ratio indicate a stable and mutually beneficial environment for both buyers and sellers. These housing market trends are based on single-family, condo, and townhome properties listed for sale on Realtor.com. of sales were made over the list price, while 49.6%

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Marketing Due diligence Investor Finance 95

HomeLight

MARCH 13, 2023

Do you need to connect with cash home buyers in Austin for a fast sale? With so many people relocating to the Texas state capitol, there’s a need for housing – and there are plenty of cash home buyers in Austin to help sellers who need a quick sale. So can neighborhood-specific comparable sales (called “ comps ”) that are low.

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HomeLight

FEBRUARY 26, 2021

These are all items that you may see listed for sale “as is” on sites like Facebook Marketplace or Craigslist. So how do “as is” sales in furniture and retail translate to “as is” sales in real estate? A home inspection is part of a buyer’s due diligence. A couch with a red wine stain.

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As-is Sales Inspection Investor 95

CT Homes

DECEMBER 14, 2023

These companies purchase homes directly from homeowners, often in as-is condition , meaning you don’t need to worry about repairs or renovations. While “we buy houses any condition” services can be incredibly beneficial, it’s essential to do your due diligence.

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Realty Biz

NOVEMBER 14, 2023

Target Distressed Properties Distressed properties, such as foreclosures and short sales, are prevalent during a housing market correction. Yet, careful due diligence is essential to understand these properties' potential risks and costs well. However, careful due diligence and risk assessment are crucial to avoid pitfalls.

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Realty Biz

FEBRUARY 2, 2024

Timing the sale is also important, ensuring the safety of potential buyers. Selling 'as is' means listing the property without making any repairs, which can attract investors or buyers interested in renovating properties. However, it's important to note that selling 'as is' may result in a lower sale price.

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Norada Real Estate

JANUARY 26, 2023

Not just any property, but solid investment opportunities, better known as “deals” Just because a property is up for sale doesn't mean it's a good real estate investment. How to Negotiate Deals Due diligence is essential when considering any real estate investment.

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Realtor.com

DECEMBER 16, 2020

Few people—especially first-time home buyers —can afford to buy a house with all the bells and whistles, so it’s common for people to opt for some version of a fixer-upper and make plans to renovate it in the future. Renovating a home means contractors will be coming in and out of your property. The COVID-19 question.

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Renovation Due diligence As-is Marketing 144

HomeLight

AUGUST 31, 2021

Ever since the 2008-2009 recession, cash offers have become more prevalent, accounting for 33% of sales as of 2021 — that’s up from 20% in 2019. Unless you’re buying for investment purposes and planning to completely renovate the house in order to rent or resell it, you’ll probably want to know what you’re getting into.

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Realty Biz

JULY 31, 2023

Preparing the property for sale involves cleaning, decluttering, and making it presentable. Some houses may require minor repairs and cosmetic updates, while others might need extensive renovations to make them marketable. Impacts Sale Price An unsound roof can devalue the entire property, affecting the sale price.

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Purchase and sale agreement Investor Renovation Sales 81

HomeLight

AUGUST 16, 2021

Department of Housing and Urban Development (HUD) homes for sale portal. Reserve auctions are similar to minimum-bid auctions in that there is a fixed price that must be met to finalize the sale, but a reserve price is kept under wraps, while a minimum bid is clearly stated. Source: (Willy Barton / ShutterStock).

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Title Due diligence Finance Inspection 107

HomeLight

OCTOBER 5, 2020

An appraiser will compare the home to others around it, taking into account recent sales prices for other homes with similar features. But, as we’ll discuss below, the home’s current condition might set it apart from other comparable homes in the area, dragging its value down until it’s been renovated or repaired.).

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HomeLight

AUGUST 31, 2021

A divorce, job move, or low bank account can all be strong motivators to go for the speed and convenience of a cash sale. But when your buyer doesn’t have to wait for the lender to underwrite or process their loan, you can usually coordinate a much faster sale. Why we recommend Simple Sale by HomeLight. Need a cash offer?

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Proof of funds Investor Due diligence Closing 144

Housing Wire

APRIL 25, 2024

Whether you want to help your buyers visualize what an empty listing might look like furnished, help them find local contractors, or get them excited about renovating a fixer-upper, Houzz can help.

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HomeLight

AUGUST 24, 2022

Looking to connect with a Florida cash home buyer for a quick sale in the Sunshine State? HomeLight’s Simple Sale platform provides all-cash offers, giving clients a fast, stress-free home selling experience without having to worry about additional repairs or prep work and with no additional fees, commissions, or upfront costs.

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Redfin

AUGUST 23, 2023

This can tell you what components have lead paint, so you can take proper measures during future renovations.” However, many buyers in Maryland opt to have one as part of their due diligence process to ensure they’re making an informed decision about the condition of the property.

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Inspection Seller concession Due diligence Renovation 52

HomeLight

FEBRUARY 14, 2022

With each house purchased by this investor, there’s an express goal to renovate and build out a home nicely, then turn it around and have it available for a tenant to rent-to-own,” Labus explains. You can renovate , decorate, and maintain your home as you like,” Ortega says. It’s worth repeating: Do your due diligence !

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Purchase and sale agreement Due diligence Finance Equity 83

HomeLight

APRIL 30, 2022

Beyond standard MLS listings, home search apps can offer a deep dive into data to help you research, bid, buy, finance, insure, and even renovate your new home. The platform also has virtual 3D home tours and interactive floor plans for an immersive experience of a home for sale. The top home search apps in 2022. Realtor.com.

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Closing MLS Pre-qualification Due diligence 87

HomeLight

JULY 23, 2021

The MLS is a real estate database of all the homes in your area that are currently for sale, pending sale, or have recently been sold, and so much more. A home will nearly always remain active on the MLS during this time because the seller hasn’t actually said “yes” to a sale yet. Source: (Andrey_Popov / ShutterStock).

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Realty Biz

OCTOBER 26, 2022

Many homes are abandoned due to financial reasons, making them run down and in need of renovation. You can also try a straight-up Google search for abandoned homes near me or abandoned houses for sale near me. It is a type of property that requires more due diligence than others. How to Find Abandoned Homes?

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Norada Real Estate

FEBRUARY 17, 2023

Total ROI = (BTCF + Net Sales Proceeds - Initial Cash Investment) / Initial Cash Investment In order to calculate the total return on investment, one must project the BTCF for each year of expected ownership as well as the net sales proceeds from the sale of the property.

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Investor Finance Renovation Equity 67

HomeLight

MARCH 10, 2023

Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit. Generally, I start from the back — what is the after-repair value (ARV) when the house has been fully renovated? I determine what is the most I can get out of it.

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HomeLight

FEBRUARY 4, 2022

Source: (LinkedIn Sales Solutions / Unsplash). Guide you through the steps of due diligence and inspections. Coordinate with the closing attorney and seller’s agent to finalize the sale. … Let’s take a closer look at 11 reasons why you should definitely hire a real estate agent. An agent is your advocate. And lots more!

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Agents Purchase and sale agreement Due diligence Inspection 93

HomeLight

JULY 31, 2021

Reports from the National Association of Realtors show that nearly a quarter of existing home sales were made with all-cash in the spring of 2021 — but how do you go about finding your cash buyer? Our guide aims to address the urgency of needing cash with the level of thought and care that a sale of this weight requires. Good bones.

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Earnest money deposit Inspection Proof of funds Inspection contingency 98

Louisville Homes

DECEMBER 23, 2020

While traditional home staging is expensive due to the costs involved in physically staging the home, virtual staging is the new and upcoming concept that is becoming tremendously popular due to its cost-effectiveness. Mid-century modern aesthetics have proven to land the highest sales price. Spend Less Than Physical Staging.

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Staging Due diligence Renovation Design 52

Marco Santarelli

MARCH 10, 2023

Existing home sales have declined for the twelfth consecutive month, according to the National Association of Realtors. while pending sales increased by 15.7%. Median sales prices increased by 7.0% Months supply of homes for sale increased by 4.3% Pending sales in the Sioux Falls region were down by 14.6%

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HomeLight

OCTOBER 15, 2020

The median sales price of single-family homes in the region was $291,000 in May 2020 , the Atlanta Board of Realtors reported. Remember, renovated homes in trendy in-town neighborhoods or country club subdivisions can easily cost two to three times the median price. Source: (Sven Mieke / Unsplash). Start with your budget in Atlanta.

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Redfin

AUGUST 25, 2023

This inspection reveals areas with lead paint, allowing you to take necessary precautions during future renovations. However, many buyers in the state opt for inspections as part of their due diligence process to ensure they have a clear understanding of the property’s condition. Are home inspections required in Oklahoma?

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Inspection Due diligence Staging Renovation 55

HomeLight

JANUARY 25, 2021

According to a survey over 2,000 adults from real estate brokerage Coldwell Banker, 80% of Americans say they would prefer to buy a turkey home over one that requires renovations. A traditional sale might be what you had in mind when you originally bought your home. Is the property damaged or are you facing a personal emergency?

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Purchase and sale agreement Investor Inspection Due diligence 103

HomeLight

JUNE 19, 2023

Rent credit: Any portion of your monthly rent payment that gets credited toward the final sale as a down payment. So whether you’re looking at a lease purchase or a lease option, it’s best to do your due diligence before getting too far. Renewal clause: An option to extend the term for a set period of time.

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Purchase and sale agreement Debt-to-income ratio Due diligence Inspection 101

Marco Santarelli

FEBRUARY 24, 2023

Current Pasadena Housing Market Trends As of January 2023, the median sale price of homes in Pasadena was $1.1M, which is a 2.2% However, the average sale price per square foot was $704, which increased by 7.6% The sale-to-list price ratio for Pasadena, CA, is 100%, which means that homes are selling at the asking price on average.

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Marketing Investor Hard money loan Due diligence 74

Marco Santarelli

JUNE 4, 2021

How much does it cost to perform various renovations, and how will you keep costs down without sacrificing quality? Don’t build a business plan that relies on you working for free to renovate properties. Do your due diligence. Suppose you’ve bought, renovated, and flipped the first investment property.

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Renovation Property Management Investor Hard money loan 98

HomeLight

AUGUST 16, 2021

REOs for short, these kinds of sales expose buyers to a lot of potential risk. But they also provide a lot of opportunity for big return on investment, too — much bigger, and faster, than you might expect with many traditional sales. What is an REO sale? In the market for a “ real estate owned” property ? Source: (Andre W.

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Banks Pre-qualification Investor Short sale 103