Redfin

MARCH 4, 2025

15 documents to have before listing your home Collect paperwork that highlights your homes selling points for an accurate pricing strategy, additional documentation to pass on to the new owners and other real estate forms required for the sale. Particularly youll need the original purchase agreement and deed.

Purchase and sale agreement

Redfin

JULY 30, 2025

Key takeaways: A cash offer on a house means the buyer pays the full purchase price upfront without relying on mortgage financing. A cash offer simply refers to a situation where a buyer pays the entire purchase price upfront, without using a mortgage or other loan. Both parties sign closing documents, finalizing the sale.

Purchase and sale agreement

HomeLight

MARCH 24, 2025

Sell Your Inherited West Virginia Home Quickly For Cash Request a no-obligation cash offer from HomeLight’s Simple Sale platform and receive a purchase quote in 24 hours. This can be done through a title search , which will reveal any debts or claims against the property, including unpaid taxes. Request Offer 1.

Purchase and sale agreement

Redfin

JUNE 17, 2025

It can help you save on agent fees, offer the possibility of a gift of equity, and reduce or eliminate your down payment. Gift of equity : A home must be sold at fair market value , but your family member can offer a gift of equity to make it affordable. On a $400,000 sale, that could mean saving about $20,000 in closing costs.

Purchase and sale agreement

AAOA

MAY 22, 2025

Understanding What Youre Really Buying When youre buying an apartment building , youre not just purchasing property, youre acquiring a business. You need to lookthe potential to optimize operations, increase cash flow, and build equity through forced appreciation. Purchase Price Apartment complexes vary widely in price.

Due diligence

The Mortgage Report

JULY 22, 2025

A mortgage is a legal agreement between the lender and all borrowers. Unequal financial contributions: Alex and Leah purchased a condo while they were still dating. The proceeds can be divided according to your ownership agreement. Things to consider: You’ll need everyone on the title to agree to the sale.

FHA 203k rehab loan

Redfin

JULY 31, 2025

Fannie Mae’s HomePath Ready Buyer Program : This offers up to 3% in closing cost assistance when purchasing a HomePath property and completing a homeownership course. Avoid new credit: Don’t open new credit accounts or make large purchases before applying for a mortgage. These typically range between 2-5% of the home’s purchase price.

Purchase and sale agreement

Redfin

AUGUST 5, 2025

Home buyers can legally purchase a home from their parents or any family member. Of course, this depends entirely on the circumstances of the sale, but you’ll likely avoid a bidding war. For the sale to work out, you may need to be ready to move in at the same time your parents are ready to move out. Can I buy my parents’ house?

Purchase and sale agreement

Redfin

JANUARY 28, 2025

Instead of applying for a new home loan with todays mortgage rates and terms, the buyer steps into the seller’s position as the borrower and continues making payments under the original loan agreement. This is typically reflected in the sale price of the property.

Loans

Redfin

JULY 1, 2025

Whether you’re co-purchasing a townhome in Seattle, WA or a house in Boston, MA , joint mortgages allow you to split a loan with someone else to help make homeownership more affordable. This type of arrangement allows co-borrowers to combine their income and credit profiles, which can help with loan approval or boost purchasing power.

Debt-to-income ratio

Redfin

JUNE 17, 2025

One person may stay in the home while both parties share ownership and costs, often with an agreement to sell at a later date. Deciding who gets the home depends on a few key factors: whether the house is considered marital or separate property, what your state laws say, and whether you have a prenuptial or postnuptial agreement in place.

Purchase and sale agreement

Toronto Realty Blog

APRIL 3, 2025

It’s a sexy title, I’ll give it that. Back in 2004, you could purchase a pre-construction condo with 5-10% down. 2) His “plan” was to make the first payment or two and then assign the purchase agreement before the other payments were due. In a 21-year career. Those were the days.

Construction

Redfin

JULY 3, 2025

Waiting until your divorce is finalized can help prevent legal or financial complications during your purchase, ensuring a smoother path to closing. However, buying sooner may help you settle into a stable living situation and start building equity instead of paying rent. Should you rent first?

Debt-to-income ratio

Seattle Times Real Estate

MAY 11, 2025

Co-homeownership is a housing model where multiple people share ownership equity of a property. Before buying the home, the two signed a written agreement outlining how they would handle various issues that might arise. The development sold out quickly; the sale of the last unit is currently pending. “It’s

Equity

Redfin

JUNE 10, 2025

Clear communication, careful planning, and written legal agreements are crucial to avoid financial issues and relationship strain. Friends don’t have automatic legal protections like spouses, so it’s important to create clear, written agreements to help define everyone’s rights and responsibilities and prevent future disputes.

Purchase and sale agreement

Redfin

JULY 17, 2025

Who will hold the home’s title Choosing how to hold the title to your home is one of the most important decisions you’ll make. The title determines who legally owns the property and what happens to each person’s share if one of you passes away. They’ll explain how your chosen form of title affects inheritance and ownership.

Purchase and sale agreement

Toronto Realty Blog

MAY 26, 2025

.” I wrote about how this would become a topic of greater importance in 2025, and while we’re not directly talking about this today, all the fervour about home prices in the media last week seems to suggest that everybody in the country should be able to afford to purchase the home that they want. ” No kidding.

Purchase and sale agreement

Housing Wire

JANUARY 11, 2022

Redfin announced Tuesday layoffs of 121 employees as it shakes up its mortgage department, including purchasing a lending company. The real estate company entered into an agreement to acquire mortgage lender Bay Equity Home Loans for $135 million, two-thirds in cash and one-third in stocks, Redfin said in a press release and public filing.

Equity

Housing Wire

OCTOBER 6, 2021

agreed to form a title insurance underwriter joint venture with a $210 million investment from private equity investment firm Centerbridge Partners , a move sure to shake up the title space. Realogy will maintain a 30% equity interest in Closing Parent Holdco, L.P., 1 in title closings and No.

Title

Housing Wire

OCTOBER 6, 2021

The loss was primarily driven by a “decrease in overall funding activities in the mortgage market” that resulted in a “significant” decline quarter-over-quarter of the company’s gain on sale margin. The filing revealed that refi loans made up 85% of funded loan volume for Better.com in last six months, while purchase volume was close to 15%.

Purchase and sale agreement

Housing Wire

NOVEMBER 9, 2023

For Regina Braga, the president of Res/Title, the verdict in the Sitzer/Burnett commission lawsuit did not come as a surprise. Unlike Murray, Marx Sterbcow, the managing attorney at Sterbcow Law Group, believes that the settlement agreements will be approved, but he supports Murray’s assertion that the DOJ will step in.

Purchase and sale agreement

Housing Wire

OCTOBER 25, 2023

The earnings included, among other things, a $67 million gain from the collapse of a securitization trust and a $96 million preliminary bargain purchase gain related to the Home Point Capital acquisition. The firm also had a $39 million loss associated with equity investments primarily related to the sale of its title business in 2021.

Purchase and sale agreement

Housing Wire

AUGUST 24, 2023

But Better’s debut came at a low point in the mortgage market, with mortgage rates at their highest levels in more than two decades and historically low levels of home sales. The agreement reduced SoftBank’s maximum commitment to $550 million. That puts heavy pressure on its business.

Purchase and sale agreement

Housing Wire

FEBRUARY 20, 2024

A housing market marked by relatively high interest rates and tight inventory — and punctuated by the practice of home inspection waivers to sweeten offers — are taking a bite out of business for home inspectors, who play a key role in the sales process by ensuring that buyers are not being sold a lemon of a house. and Canada. “And

Inspection

GeekEstate

OCTOBER 29, 2021

This market map real estate technology companies operating across every phase of the home purchase value chain. For instance, while Blend’s original product focused specifically on the mortgage point-of-sale, the company has since expanded to offer title services, home insurance and closings.

Technology

HomeLight

JULY 12, 2024

Unlock Your Equity and Buy Before You Sell Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. You can then make a strong offer on your next home with no home sale contingency. Get Started What does ‘in escrow’ mean in real estate?

Purchase and sale agreement

HomeLight

SEPTEMBER 30, 2020

If a homeowner falls behind on their mortgage payments, a short sale is one potential way of correcting course. That being said, the home purchase process is a lot more complicated and drawn out with a short sale because it all hinges on the oversight and approval of a third party: the mortgage lender. Short sales 101.

Short sale

HomeLight

SEPTEMBER 13, 2022

If the IRS decides to audit the transaction, then you’ll have documentation to prove your home’s fair market value at the time of the sale. AVMs use publicly available data and recent sales records to generate a value range based on the current market conditions. Sign a purchase agreement. fixtures , appliances).

Purchase and sale agreement

HomeLight

FEBRUARY 14, 2022

These possibilities can be stipulated in the rent-to-own agreement — which is also sometimes referred to as lease-purchase, or a lease-option agreement. With a rent-to-own or a lease-purchase agreement, however, the tenant has already agreed to buy the home after a specified period.

Purchase and sale agreement

HomeLight

MARCH 31, 2022

A real estate attorney may draft and review closing documents, transfer property title, resolve legal barriers, and mediate contract disputes. There are many people out there you might want to hire to help with a sale, but aside from a great real estate agent, a good cleaner is the most important. Get Estimate. Eric Schuell.

Purchase and sale agreement

Realty Biz

DECEMBER 28, 2020

There might be a prenuptial agreement, you might be in a community property state, or an equitable distribution state. There are three main ways property is divided in a divorce: Both spouses sell it and split the equity. Both spouses agree to defer a sale until a later date. One spouse buys out the other. The Family Home.

Purchase and sale agreement

Realty Biz

AUGUST 12, 2023

Here are some key terms and their definitions: Mortgage : A loan specifically used to purchase real estate. In a mortgage agreement, the buyer borrows money from the lender (usually a bank) and agrees to pay it back with interest over a specified period. These can include title search fees, appraisal fees, attorney fees, and more.

Purchase and sale agreement

HomeLight

OCTOBER 25, 2021

“In the right scenario, yes,” it may make sense to sell to your renter, says AJ Petterson with The Advisory Realty Group , a high performance real estate team in Minneapolis that also specializes in Townhome sales. As is advisable in any home sale, work with a top real estate agent to evaluate the strength of your renter’s offer.

Purchase and sale agreement

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.

Purchase and sale agreement

HomeLight

JANUARY 5, 2022

Find an Agent to Coordinate a Sale Among Friends. Not all states require you to hire a real estate attorney to buy or sell real estate, but it’s almost always advisable to get legal representation in a sale among parties with a pre-existing relationship. HomeLight can help connect you with an agent who is qualified to help.

Pre-approval

HomeLight

NOVEMBER 13, 2024

Could a rent-to-own agreement be just right? Just 1% of homebuyers purchase the home they previously rented, according to a 2024 report from the National Association of Realtors. Once the agreement term concludes, you pay a down payment, secure a mortgage, and transition from tenant to owner. It’s typically between 2.5%

Purchase and sale agreement

HomeLight

MARCH 31, 2022

As housing prices skyrocket, many homeowners are considering ways to turn their growing home equity into cash. If you’re one of the 6 million Americans projected to sell a home this year, you may be trying to figure out exactly how much of that increasing equity will end up in your pocket after all is said and done. Sales price.

Closing