HomeLight

SEPTEMBER 30, 2020

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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Purchase and sale agreement Closing Rent back Investor 55

Redfin

MAY 7, 2021

In a seller’s market, you may be tempted to put an offer on a home that’s contingent on the sale of your current home. Another option to consider is gap financing such as a Home Equity Line of Credit (HELOC) or a Bridge Loan. You can also consider requesting a rent-back agreement from potential homebuyers.

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Purchase and sale agreement Marketing Equity Loans 78

HomeLight

OCTOBER 1, 2020

If the appraiser only looked at sold listings while there are pending sales that might be more comparable to your would-be property, that’s something else that can affect a home’s appraised value. Short sales in the neighborhood . In some cases, short sales may be to blame for a low appraisal. Be prepared to walk away.

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Purchase and sale agreement Short sale Rent back Sales 89

HomeLight

MARCH 28, 2022

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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Purchase and sale agreement Equity Agents Staging 114

HomeLight

JANUARY 28, 2022

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. There are times in life when you need cash in your bank account, not in a home’s equity.

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Purchase and sale agreement Investor Agents Sales 108

HomeLight

JANUARY 28, 2021

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. As a homeowner, you are the envy of many right now. Go off-market.

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As-is Purchase and sale agreement Agents Equity 104

Realty Biz

MAY 16, 2022

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. Earnest money can be five percent of the purchase price and in some circumstances even more.

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Earnest money deposit Purchase and sale agreement Rent back Inspection 95