HomeLight

MARCH 30, 2022

According to January 2022 data reported by the National Association of Realtors®, more than one-fifth of terminated contracts were ended due to financing issues , while inspection concerns ended one quarter of terminated real estate deals. Investors who promote homes for sale or rent are often in the market to buy new investment properties.

Sales 94

Sales Investor Renovation Due diligence 94

HomeLight

APRIL 30, 2021

Sales history and value adjustments over the years. Once the agent has done due diligence on the focal property, it’s time to widen the scope to see how it measures up to the surrounding homes. That involves looking at sales comps , which are similar homes that have recently sold in the area. Highlights and features (i.e,

Agents 71

Agents Marketing Due diligence Sales 71

HomeLight

FEBRUARY 26, 2021

A home inspection is part of a buyer’s due diligence. By saying your sale is “as is,” you’re not preventing a buyer from requesting an inspection , just signaling that no matter what the inspection finds, you don’t want to negotiate on price. Source: Michal Jarmoluk / Pixabay). How to get a cash offer.

As-is 95

As-is Sales Inspection Investor 95

HomeLight

JANUARY 25, 2021

House flippers usually purchase houses for cash as-is, saving homeowners the expense of making repairs that lenders might require, along with the stress of showing and staging the home. If you’re going to sell your house for cash, make sure you do your due diligence on the buyer. Source: (Sidekix Media / Unsplash). Next steps.

Purchase and sale agreement 104

Purchase and sale agreement Investor Inspection Due diligence 104

HomeLight

SEPTEMBER 1, 2020

You can buy a short sale, or you can buy a bank-owned property — but the foreclosure is just what’s happening in the process.”. Bank-owned homes may not be the best-staged or the most recently renovated. First, it’s worth noting that the term “bank-owned foreclosure” is a bit of a misnomer. Step 2: Consider dealbreakers.

Banks 77

Banks Inspection contingency Inspection FHA loan 77

HomeLight

AUGUST 24, 2022

No repairs, no staging, no open houses. HomeLight’s Simple Sale platform provides full cash offers for homes in almost any condition nationwide and in New Jersey. Some companies may make a preliminary offer at this stage, but it’s usually subject to change once they’ve inspected your property. Sale timeline. 7 to 30 days.

Closing costs 76

Closing costs Purchase and sale agreement Closing Staging 76

HomeLight

MARCH 19, 2022

Unfortunately, too many homeowners fail to do the same due diligence when hiring the Realtor ® who’ll help them sell their most valuable asset. They want to make sure you’re doing your due diligence! They do this by: Researching outlier comps to include or exclude (Foreclosures, short sales, etc.).

Closing 92

Closing Due diligence Agents Staging 92