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A Comprehensive Guide to Cash Home Buyers Long Island

HomeLight

With a scarcity of buildable lots and historically low inventory, Long Island is a booming market for all-cash home sales. If you’re a homeowner looking to avoid the traditional market headaches — think contingencies, financing delays, and appraisals — accepting a cash offer ensures a faster, less complicated home sale.

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Surprising Things You Should Know About Cash Homebuyers

Realty Biz

Cash sales remain strong, even as the real estate market recovers from the low housing inventory and soaring mortgage rates. Such buyers use proceeds from their previous home sale to pay all cash for a home in a cheaper market. These investors renovate and sell these properties at a profit.

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11 Homeselling Myths, Debunked

The Close

Myth #2: Wiggle Room in Pricing Is Essential for Negotiation The market price of a home can fluctuate by tens of thousands of dollars over a year. If you’ve got an overpriced listing on the market, it gets staler every day that the listing is available. Marketing your listings is one of those pieces that is done behind the scenes.

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The Pros and Cons of Making an All-Cash Offer on A House

HomeLight

For most people, this means a checking, savings, or money market account. This is important: if your real estate agent puts in an all-cash offer on your behalf, they will not include a financing contingency. So in many cases, making an all-cash offer means you won’t even attempt to obtain financing at all. (No

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Tempted by a Cash Offer for Your Home? Dissect It With This Guide

HomeLight

Cash offers are becoming more common, especially in this extremely competitive market,” Latif says. A cash offer may come from a homebuyer with liquid funds who wants an edge over the competition. House flippers , on the other hand, pay cash to purchase homes that require major repairs, renovate them, and then resell them for a profit.

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Everything You Need To Know About Selling A House With A Bad Roof

Realty Biz

Most buyers don’t usually have a large amount of money, so they often use their banks’ financing to help them buy homes. We’ll now discuss how to market to as-is residential property owners. When buying real estate, investors are looking for properties that require some repair and/or renovation.

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Buying a Historic Home? What to Know Before Buying and How to Preserve it

Redfin

This may include choices for paint color, window type, and renovations. Keep in mind that the housing market is ever-changing and property values aren’t guaranteed to stay the same. Getting financing and insurance can be more difficult. Carefully consider any upgrades or renovations so you can preserve these unique features.