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Staying After Selling: What to Know About Use and Occupancy Agreements

HomeLight

As excited as you are about the prospect of a successful sale, you’re hesitant to sign a contract without knowing you’ll have somewhere to go. Enter the use and occupancy agreement. While a use and occupancy agreement might seem a lot like a lease, there are some fundamental differences. Source: ( Andrea Davis / Unsplash ).

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6 Options to Consider When Selling and Buying a Home in a Seller’s Market

Redfin

Homeowners in a seller’s market face a conundrum. You can expect high prices in a competitive housing market where homes are selling in record time. Here are six options to consider when deciding on selling and buying in a seller’s market. 6 options for selling and buying in a seller’s market.

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Buyers: Here’s Your Negotiation Strategy for When the Appraisal on a House Comes in Low

HomeLight

Here’s how it works: The appraiser will find at least three nearby comparable homes ( “comps” ) that are about the same size and age as yours, which were sold recently (typically within the past three to six months), and the appraiser will then use regression models and their market knowledge to come up with the value of your coveted property.

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Selling a House for a Job Relocation: Tips, Tools, and Taxes

HomeLight

Simple Sale provides cash offers for homes nationwide for when a traditional listing doesn’t work. If you purchased the home recently, such as a year or two ago, it’s possible you haven’t built up much equity yet. Stressed About a Quick Job Move? No staging, no repeated showings, no agent commissions.

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Tempted by Those ‘We Buy Houses’ Ads? Weigh the Pros and Cons

HomeLight

We buy houses” companies are flippers who purchase properties “as is” for cash and renovate them, generating a profit at resale. We buy houses” operations are cash buyers or house buying companies that purchase homes directly from homeowners. Buy-and-hold investors are individuals who offer competitive prices for market-ready homes.

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Is It a Good Time to Sell a House, As Home Prices Would Suggest?

HomeLight

A report from CoreLogic recently revealed that homeowners enjoyed an average annual equity gain of $17,000 in Q3 2020, pushing equity levels to record heights nationwide. Purchase demand: Will you find a buyer? Purchase demand has reached an all-time high. A spike in buyer demand signals a seller’s market for many cities.

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5 Tips For Winning A Bidding War On A House

Realty Biz

In most areas of the US, there have been bidding wars on nearly every house that hits the market. With so few homes for sale, buyers are fighting over each property that hits the market. In instances such as this where an appraisal comes in low, a buyer will increase their down payment to provide more equity in the home.