Real Trends

DECEMBER 27, 2022

Inspection issues. It is common to expect that the buyer will hire a home inspector to check out the property; this is to avoid inheriting unforeseen major repairs. An inspection can often reveal major issues that either side would not have been aware of. Before a mortgage is approved, lenders will have a property appraisal.

Sales 60

Sales Home sale contingency Pre-approval Inspection 60

HomeLight

JUNE 17, 2022

You don’t have the time or money to do renovations and want to move without extensively updating your home, and are willing to accept less money for it. Buyers who want to take on those projects and like your neighborhood will often appreciate the sweat equity they can invest to get their dream home.

Inspection 101

Inspection Pre-approval Inspection contingency Renovation 101

HomeLight

JANUARY 3, 2023

FSBO sellers in Colorado may consider getting a home inspection prior to listing their home for sale. However, be aware that if you get a pre-listing inspection, you will be required to share relevant findings with buyers and how you did or did not address them. Get a pre-listing appraisal.

Purchase and sale agreement 92

Purchase and sale agreement Inspection MLS Inspection contingency 92

HomeLight

MARCH 13, 2023

Airbnb owners get tired of paying management fees and dealing with customer complaints and negative ratings, but they have too little equity to sell the traditional way. They need to sell quickly to stop foreclosure or stop a tax sale,” says Joseph. When time is of the essence, a cash sale could be the quickest solution.

Sales 77

Sales Investor Due diligence Renovation 77

HomeLight

MARCH 21, 2022

House flippers look for specific improvements to boost equity, such as cosmetic updates, mechanical repairs, an addition, or a change to the layout. Doug Van Soest , who owns a house flipping business in Southern California, purchases an average of 40 to 50 homes per year and says he typically aims for at least a 10% return on his investment.

Closing costs 90

Closing costs Home sale contingency Investor Closing 90

HomeLight

NOVEMBER 21, 2022

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the hot South Carolina real estate market and a steep rise in equity added extra incentive to maximize profits.

Purchase and sale agreement 72

Purchase and sale agreement MLS Pre-approval Agents 72

HomeLight

APRIL 29, 2022

HomeLight Trade-In : Removes the stress of buying and selling a home at the same time. HomeLight works with your agent to make an offer on your current home, so you can make an offer on a new home with no lending or home sale contingency. Use your home equity. Sell for a cash offer.

Agents 84

Agents MLS Closing Home sale contingency 84