HomeLight

JANUARY 3, 2023

Let’s review some of the top points of negotiation you may encounter: Contingencies. Buyers may ask for the offer to be contingent on other factors, such as the sale of their existing home or their ability to obtain financing. Who is buying homes in Colorado? Option 1: Request a cash offer for your home.

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Purchase and sale agreement Inspection MLS Inspection contingency 93

HomeLight

MARCH 31, 2022

Let’s review some of the top points of negotiation you may encounter: Contingencies. Buyers may ask for the offer to be contingent on other factors, such as the sale of their existing home or their ability to obtain financing. Option 1: Request a cash offer for your home. Closing date. Earnest money.

Purchase and sale agreement 84

Purchase and sale agreement Inspection MLS Inspection contingency 84

HomeLight

JUNE 17, 2022

Sometimes, the way you price a remodeled home can ultimately get you more than you had in mind originally. As this example from Elmer Morales , a top-selling agent in southern California with 21 years of experience demonstrates: “I had an investor, he had bought the property and fixed it up.

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Inspection Pre-approval Inspection contingency Renovation 102

HomeLight

JANUARY 4, 2022

It wasn’t long ago that the decision to sell your house for cash was associated with a neglected or foreclosed property whose value had plummeted, as an investor swooped in to snatch it up for a bargain. Buy-and-hold investors. Who’s paying cash for houses? Here are some of the most common sources of cash offers in 2022.

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Investor Finance Inspection Sales 98

HomeLight

MARCH 21, 2022

House flippers are real estate investors that purchase properties at a discount with the intention of remodeling to add value, then resell those properties quickly for a profit. Certain investors on HomeLight’s Simple Sale platform. Example home trade-in companies: HomeLight Trade-In. Local investors.

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Closing costs Home sale contingency Investor Closing 90

HomeLight

MARCH 13, 2023

Whatever your reason for needing a quick sale without making a substantial investment, the Orlando real estate market is teeming with cash buyers ready to make a deal no matter your home’s condition. More professionals are reaching out to me,” says John Joseph , Orlando real estate investor and managing partner of Junk Home Buyers.

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Sales Investor Due diligence Renovation 76

HomeLight

MARCH 31, 2023

Selling your old home and buying your new one can mean a tricky balance of timing and funds, but a bridge loan might be the solution you are looking for to help the pieces fit together. Bridge loans are short-term financing solutions that help homeowners purchase a new home before selling their old one.

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Loans Debt-to-income ratio Equity Finance 70

Real Trends

FEBRUARY 27, 2023

Connect with investors. Consider sources like ‘We pay cash for homes’ or ‘We buy ugly houses’ or similar. Those investors don’t purchase every home they’re presented with. Find investor groups at Meetup.com or start your own. Find investor groups at Meetup.com or start your own.

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Marketing MLS Pre-approval Home sale contingency 94

HomeLight

MARCH 31, 2023

With low inventory and notoriously high home prices, California homeowners are looking for creative financing solutions to fund their dream home purchases. One of these solutions comes in the form of a bridge loan — this kind of loan allows homeowners to purchase their next home before needing to sell their old one.

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Equity Loans Debt-to-income ratio Finance 76

HomeLight

OCTOBER 30, 2020

A cash deal can close in as little as 7 days, while financed home purchases tend to take an average of 45 days to close. And if you add a home sale contingency into the mix (that is, if you need to sell your current home before you can buy a new one), closing the deal can take even longer. Financing issues.

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Closing Inspection contingency Title search Purchase and sale agreement 108

HomeLight

JANUARY 28, 2022

“We buy houses” operations are cash buyers or house buying companies that purchase homes directly from homeowners. There are three primary types of cash buyers: iBuyers , buy-and-hold investors , and fix-and-flip investors. Buy-and-hold investors are individuals who offer competitive prices for market-ready homes.

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Purchase and sale agreement Investor Agents Sales 106

HomeLight

JULY 31, 2022

The earnest money deposit will be applied to the purchase price of the home at closing, but if the buyer decides to back out of the sale after all contingencies have been released, the earnest money may not be refunded. Without an agent, you will need to do all comparable sales research yourself. Financing contingency.

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Earnest money deposit Agents Purchase and sale agreement Title 84