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What’s the Difference Between a House Under Contract and a Pending Sale?

RIS Media

A title search may reveal a lien on the property, the buyer may be unable to get financing because of a low credit score or high debt-to-income ratio, or the house may appraise for less than the agreed-upon price. Common contingencies relate to a home inspection and financing, but there may be others.

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Buying a Home in Foreclosure: What to Expect from a Foreclosure Auction

Point2Homes

The local government websites are a good starting point, but you can also check out real estate websites, MLS reports and even local newspapers. The easiest way to assess the property’s condition is to visit and take a look at the exterior , searching for any signs of damage, squatting, etc. Find Local Listings. Attending the Auction.

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How Fast Can I Sell My House? It Can Take 75 Days or 12

HomeLight

A traditional home sale in which a seller lists with an agent and a buyer finances with a mortgage takes approximately 18-30 days to go under contract, plus an additional 30-45 days to closing. Buyer’s financing method. Buyer’s financing method. It’s going to take more time to sell to a buyer who finances with a mortgage.

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What’s Required to Sell a House Without a Realtor?

HomeLight

Preliminary title report. Doing a title search before you put your home on the market alerts you about any pending taxes, restrictions, or liens on the property that you’ll have to clear before selling. You’ll get the widest audience exposure by listing your home on the MLS (multiple listing service). Prepare for closing.

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Selling to Florida Cash Home Buyers: Tips from Experts

HomeLight

However, this buyer needs a mortgage to finance the deal, and that can take months. There are plenty of reasons to have a real estate agent in your corner — visibility in the MLS , help with stagings and showings, assistance with negotiations and contracts, to name just a few — and now you can add sourcing a cash buyer to the list.

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How to Buy a Foreclosure: Your Go-To Guide to Distressed Properties

HomeLight

You’re reading through a new MLS listing, and you believe you found your ideal home. Short sales can typically be found through the MLS database or your buyer’s agent. How do you finance a foreclosed property? That brings us to our next question: Can you finance a foreclosure in the same way as an average property?

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Selling FSBO? Tally Your Closing Costs Without a Realtor

HomeLight

Title fees : These fees include a title search to verify that the seller owns the property, and without any conflicting liens. Depending on the sale price and the location, title fees can range from $300 to $1,500. MLS listing fee. If you want to get your listing in front of buyers, you need to get it on the MLS.