HomeLight
APRIL 29, 2021
Federal Housing Financing Agency (FHFA). For example, in 2017, a competitive housing market in Western Washington prompted “serious buyers” to waive home inspections and financing contingencies. A flood of homes for sale gives homebuyers more options to choose from. Homes sell faster. You may receive multiple competing offers.
HomeLight
OCTOBER 1, 2020
If the appraiser only looked at sold listings while there are pending sales that might be more comparable to your would-be property, that’s something else that can affect a home’s appraised value. Short sales in the neighborhood . In some cases, short sales may be to blame for a low appraisal.
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HomeLight
JANUARY 4, 2022
According to a Q3 2021 study by ATTOM Data Solutions, all-cash home sales are at their highest level since the first quarter of 2015, with 34% of all single-family homes and condos purchased without financing. “In Who’s paying cash for houses? Reasons to sell your house for cash.
HomeLight
APRIL 21, 2022
Cash vs. financing : Cash offers usually result in a faster sale than mortgage-backed offers; if speed is an important aspect of the sale, this could make a significant difference. You’re behind on mortgage payments or facing foreclosure or a short sale. Does the offer meet your primary selling objective?
HomeLight
DECEMBER 15, 2022
Mahan explains that in 2021’s hot seller’s market, “for some sellers looking at over 20 offers that were all very similar financing-wise and similar as far as net dollar amount, sometimes the offer letter would make them stand out one way or another and help them visualize a different person in their home.”. Again, emotions may be high.
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