HomeLight

SEPTEMBER 1, 2022

We can’t always predict what the future holds — let’s be honest, we probably didn’t see ourselves locked down because of a pandemic or foresee the crazy real estate market that followed. Median home prices in June 2022, however, are down 4% from May 2022, a sign of some market cooling. Research the market. A 20% down payment.

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Earnest money deposit VA loan FHA loan Loans 89

RIS Media

JANUARY 4, 2021

First-time homebuyers are a crucial demographic in the real estate market and have continued to grow as a niche for real estate professionals. There are numerous loan programs available for first-time homebuyers, which means you should familiarize yourself with the ones that are available in your area.

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VA loan FHA loan Loans Staging 43

HomeLight

APRIL 11, 2024

“The most common reason[s] I would say is people [sell their home “as-is”] are either downsizing or their family has grown, and they’re upgrading their house,” says Dominick Marchesiello, a top-performing New York agent who sells homes 46% faster than the average agent in his market. Marchesiello is a member of the Marchesiello Team. “In

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HomeLight

SEPTEMBER 30, 2020

That’s because we are all in different stages of life with unique factors to juggle, such as: Your age. How much you need for the home purchase can greatly depend on the type of loan you get. For example, an FHA loan only requires a 3.5% Note that in some markets, a slowing home price growth isn’t always a bad thing.

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FHA loan Loans VA loan Mortgages 98

Redfin

JUNE 29, 2023

However, navigating the homebuying process in Michigan requires careful consideration of factors such as location, market conditions, financing options, and legal requirements. If you’re a first-time homebuyer and want to know more about the market, Redfin has your back. What’s it like to live in Michigan?

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Pre-approval Purchase and sale agreement FHA loan Closing costs 53

HomeLight

OCTOBER 27, 2021

A home is in preforeclosure when the owner has stopped making mortgage payments for several months and their loan is delinquent or in default — so the owner is approaching foreclosure. At this stage, official notice of default has been issued and is publicly available. Try to get as much info as you can on the current market, too.

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Purchase and sale agreement Inspection Homeowner’s association Title 84

Windemere Buying

OCTOBER 18, 2021

Not getting pre-approved Getting pre-approved is a key component of the early stages of the buying process and will help to maximize your chances of getting your offer accepted. VA Loans can be a lifesaver for active service and veteran personnel, offering zero down payment and lower-than-average mortgage rates.

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HomeLight

JANUARY 22, 2024

Fast facts about selling a house ‘as is’ in Colorado Median sales price in Colorado $545,000 Average days on market (DOM) for Colorado 50 Disclosures Colorado law requires sellers to disclose material facts about the property through the Colorado Seller’s Property Disclosure Form. MLS has a field to mark a listing “as is”?

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HomeLight

MAY 23, 2022

Schaus did advise her client to contact a junk removal company to clear out the house, but that was the only preparation made before the house hit the market. “[The Average days on market for North Carolina. Your agent should also be willing to go the extra mile on marketing. Sell 'As Is' With a Cash Offer. 359,600 (April 2022).

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HomeLight

DECEMBER 29, 2023

Over] the past couple of years, it was very common to sell a house as-is just so they did not have to deal with repairs and the height of the market frenzy that was going on. Your agent should also be willing to go the extra mile on marketing.

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HomeLight

DECEMBER 29, 2023

Fast facts about selling a house ‘as is’ in Minnesota Median sales price in Minnesota $334,900 Average days on market (DOM) for Minnesota 32 days Disclosures Minnesota law requires sellers to disclose material facts about the property through the Minnesota Seller’s Property Disclosure Statement.

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HomeLight

DECEMBER 29, 2023

“Typically, the reasons are like an estate sale where they’ve inherited the property, and they don’t have the funds or the inclination to prepare the property for the market. But, the seller has an advantage in that particular market, ” according to Alicia Sierra , a top St. Louis market,” she says.

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HomeLight

APRIL 12, 2023

Real estate closing costs are expenses incurred by buyers and sellers during the final stages of a real estate transaction when the transfer of ownership is completed. If you’re in my market at $525,000, your ballpark closing costs will be almost $13,000,” says Zide. What are closing costs?

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HomeLight

OCTOBER 29, 2021

If you’ve been following the real estate market with even a modicum of interest over the last, oh, say, year-and-a-half, it probably hasn’t escaped you that home prices are only getting higher. Gleason also says that it’s absolutely okay to speak with a real estate agent in these early stages, too — even if you think it might be too soon. “If

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Loans FHA loan Pre-approval Closing costs 85

HomeLight

JANUARY 12, 2022

Broken down by type of loan, you can expect the following: . Conventional loan. Big banks typically have a lot more internal red tape to deal with before they’re able to fund a loan and write a check. This period averages around 50 days in today’s market. So if you list your home on Jan. 1 and accept an offer on Jan.

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Closing Purchase and sale agreement Pre-approval Inspection 108

HomeLight

JULY 25, 2022

Average days on market for Texas. An agent gives simple presentation tips to improve marketing, helps to set an appropriate price that reflects the home’s condition, and works to find a buyer willing and eager to purchase your home in its current state. “I Your agent should also be willing to go the extra mile on marketing.

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HomeLight

DECEMBER 30, 2021

According to the National Association of Realtors® Research Group’s 2021 data , 64% of buyers have conventional loans, 16% have FHA loans and 14% received VA loans. The appraisal is usually the last piece of the loan package to be completed before closing. Understand the role of an appraiser.

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HomeLight

AUGUST 23, 2022

Clients maximize the value of their quick home sale with a competitive top market offer and no additional fees, commission or upfront costs. Median days on market for Ohio. Your agent should also be willing to go the extra mile on marketing. Be aware of minimum property standards for certain loans. Request Offer.

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HomeLight

FEBRUARY 21, 2023

Top-performing Georgia real estate agent Teresa Cowart works with 77% more single-family homes than the average agent in her Richmond Hill market. Your agent should also be willing to go the extra mile on marketing. Cowart says she goes the extra mile by incorporating the use of a marketing team into each listing.

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HomeLight

MAY 23, 2022

Josh Muncey , a real estate agent with over $500 million in career sales and 16 years of experience selling in greater Boston, Massachusetts, says, “it’s hard to find a market in the Boston area that’s not feeling red hot lately.”. Average days on market for Massachusetts. So, we think about that market prep strategically.

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HomeLight

AUGUST 24, 2022

Clients maximize the value of their quick home sale with a competitive top market offer and no additional fees, commission or upfront costs. Average days on market for Connecticut. He’s also familiar with the local market conditions, and can advise the seller on things to do to make the house more appealing to buyers.

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HomeLight

MAY 19, 2022

Average days on market for Maryland. An agent gives simple presentation tips to improve marketing, helps to set an appropriate price that reflects the home’s condition, and works to find a buyer willing and eager to buy your home in its current state. Your agent should also be willing to go the extra mile on marketing.

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HomeLight

AUGUST 16, 2021

Research your market. There’s much to learn about your local real estate market before diving into making offers. How quickly do homes move off the market? While you’re in the preparation stages of buying a home, it’s a good idea to spend some time in the neighborhoods you might end up in. FHA (government-backed).

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Closing costs Purchase and sale agreement Inspection Loans 103

HomeLight

JULY 25, 2022

Because the market is competitive and it’s so common, it’s just assumed most properties are being sold “as is,’” she says. Most buyers enter the market and expect to make an as-is offer anyway.”. Get an offer in as few as 48 hours and sell without the need for repairs, staging, or open houses. Request Offer. Disclosures.

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As-is Purchase and sale agreement Inspection Closing costs 85

HomeLight

MAY 23, 2022

Average days on market for Indiana. An agent gives simple presentation tips to improve marketing, helps to set an appropriate price that reflects the home’s condition, and works to find a buyer willing and eager to buy your home in its current state. You’ll get a check for $500, but you’ve lost 30 days on the market.

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As-is Purchase and sale agreement Inspection Closing costs 93

HomeLight

MAY 23, 2022

Average days on market for Wisconsin. An agent gives simple presentation tips to improve marketing, helps to set an appropriate price that reflects the home’s condition, and works to find a buyer willing and eager to buy your home in its current state. Your agent should also be willing to go the extra mile on marketing.

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HomeLight

AUGUST 12, 2022

On the flip side, some buyers in today’s seller’s market are trying so hard to compete that they submit an as-is offer indicating their willingness to purchase the property without expecting the seller to make changes. Average days on market for Illinois. Your agent should also be willing to go the extra mile on marketing.

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HomeLight

APRIL 29, 2022

However, in today’s real estate market, Washington sellers may be pleasantly surprised by current prices. Median days on market for Washington. Sources: NWMLS March 2022 market snapshot. After six days on market, the property sold in cash for $258,000 with more than 10 offers. Median sales price in Washington State.

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HomeLight

AUGUST 12, 2022

Average days on market for California. They’ve not necessarily grown out of the home,” says Hernandez, who has 16 years of experience in the market, “but, they don’t have the resources to keep up with it.” We’re marketing a previously loved property that needs a little bit more TLC from the next homeowner.”. Disclosures.

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