HomeLight

APRIL 30, 2024

Partner With a Top Agent Familiar With Assumable Mortgages An experienced agent can help minimize challenges and coordinate a home sale between family members. Most conventional loans have what’s known as a “ due on sale ” clause that requires the loan to be paid in full if the property is sold or transferred.

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Purchase and sale agreement Mortgages VA loan Loans 79

HomeLight

APRIL 25, 2024

The time it takes to make a sale, combined with the number of fees and costs to consider can be overwhelming. They are typically calculated based on the property’s sale price or its assessed value, though it will depend on where you are location. One fee that you might not have considered is the real estate transfer tax.

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Purchase and sale agreement Title Agents Sales 87

HomeLight

MARCH 22, 2024

When you bought your home, you probably remember paying closing costs beyond the purchase price. This guide will help clear up confusion about seller closing costs; how much they might cost you, and who pays for what. It was likely part of your buying budget, and you may have had to skimp and stretch to make ends meet.

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Closing costs Closing Purchase and sale agreement Agents 107

HomeLight

JANUARY 17, 2024

Buying a house is a major milestone, but what happens when you have second thoughts, or you can’t fulfill the agreement you signed? Backing out of a home purchase isn’t a decision made lightly, yet it’s a scenario that buyers might face. But what’s the real meaning of backing out of a home purchase?

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Purchase and sale agreement Debt-to-income ratio Title search Finance 103

Housing Wire

MAY 23, 2023

An R&W contract is a legal assurance that “a mortgage loan sold to Fannie Mae or Freddie Mac (the enterprises) complies with the standards outlined in the enterprise’s selling and servicing guides, including underwriting and documentation,” according to the Federal Housing Finance Agency (FHFA), which oversees Fannie Mae and Freddie Mac.

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Loans Purchase and sale agreement Due diligence Industrial 397

HomeLight

MARCH 28, 2024

When a home sale closing is delayed, it’s usually the buyer holding up the deal due to financing hiccups, low appraisals, title issues, or problems found during the final walkthrough. We’ll also look at legal options if a seller defaults on the purchase agreement. What happens on a home sale closing date?

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Closing Purchase and sale agreement Title Closing costs 107

HomeLight

JANUARY 18, 2024

There is a chance that you’ll come across the “time is of the essence clause” in your purchase agreement. In this guide, we’ll review the essentials of the “time is of the essence” contract language, helping you understand how this clause can influence your home-buying process. Does it need to be there?

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Housing Wire

DECEMBER 8, 2023

Includes current issues and trends in AZ real estate & property inspection issues CE Sales Package #1 with Ethics: 12 of the 24 required hrs of coursework (9 mandatory & 3 general hrs). From Phoenix and Tucson to Sedona and Scottsdale, AZ, here’s our list of the best online real estate schools in Arizona. out of 5 stars Rating: 4.5

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HR Purchase and sale agreement Pre-approval Staging 409

HomeLight

JANUARY 19, 2024

But it can also tilt a sale in your favor. In this post, we’ll provide insights that can help guide you through the process of deciding whether to waive this clause. You can then make a strong offer on your next home with no home sale contingency. Learn More What is a mortgage contingency?

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Earnest money deposit Purchase and sale agreement Mortgages Home sale contingency 103

Realty Biz

SEPTEMBER 23, 2023

They provide services such as guiding buyers through the home buying process, offering expertise in the local market, and assisting with negotiation and closing. Buyer agents can provide valuable support in various situations, such as buying a new home or purchasing a foreclosure.

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Purchase and sale agreement Pre-approval Agents Pre-qualification 73

HomeLight

FEBRUARY 26, 2024

In this guide, we provide insights into how you can unlock the door to such a significant investment. We’ll look at the financial mechanics behind affording a luxury home and explore alternatives that can make your dream purchase a reality. Let’s take a look at these common ways people can afford to purchase a million-dollar home.

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Purchase and sale agreement Debt-to-income ratio Equity Loans 105

HomeLight

MARCH 15, 2024

You also need to have faith in the real estate professionals you select to guide the transaction. This guide covers kickbacks in real estate, shedding light on their legality, the forms they take, and the implications for those involved. But what if you see something that might be considered an illegal kickback in real estate?

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Purchase and sale agreement Inspection Title Agents 107

HomeLight

NOVEMBER 13, 2023

When the clock is ticking on your home sale in Baytown, We Buy Houses companies offer a compelling route with their all-cash offers, especially for properties that aren’t turnkey ready. This article aims to guide you through the maze of selling your home for cash in Baytown. No showings, no repairs, no open houses.

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HomeLight

DECEMBER 12, 2023

In this guide, we’ll explore the ins and outs of a mortgage contingency, helping you understand how it works and why it may — or may not be — part of your home-buying plan. A mortgage contingency is a clause in a real estate contract that makes the purchase contingent , or dependent, on the buyer securing a mortgage loan.

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Earnest money deposit Mortgages Purchase and sale agreement Finance 105

HomeLight

JUNE 19, 2023

It takes just two minutes to match you with the best real estate agents, who will contact you and guide you through the process. It takes just two minutes to match you with the best real estate agents, who will contact you and guide you through the process. And specifically, what does a contract like that mean for you as a buyer?

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Purchase and sale agreement Debt-to-income ratio Due diligence Inspection 104

Realtor.com

DECEMBER 6, 2021

“And find out if and how they would want to handle the sale to a buyer found by the seller,” says Sylvia Jonathan , an agent at Coldwell Banker Platinum Properties in Irvine, CA. Agents usually supply a variety of forms such as Residential Purchase Agreements to get offers in writing. Commissions explained.

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Purchase and sale agreement Agents Title Closing 116

HomeLight

AUGUST 25, 2023

A straightforward cash sale that lets homeowners bypass the stress of repairs, receiving the proceeds quickly to get on with their future plans. Sell Your House in Long Island Fast With a Cash Offer Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready.

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Purchase and sale agreement Title Closing Sales 74

HomeLight

SEPTEMBER 15, 2023

Sell Your House Fast in Georgia With a Cash Offer Get an all-cash, no-obligation offer on your Georgia home through HomeLight’s Simple Sale platform whenever you’re ready. For Georgia homeowners in need of a quick sale, here’s a concise rundown of the steps to guide you through selling to a cash-for-homes company.

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Purchase and sale agreement Inspection Closing Sales 99

Realty Biz

SEPTEMBER 14, 2023

They have a comprehensive understanding of real estate laws and regulations, which allows them to identify any potential issues or risks associated with a property purchase. Let's explore the different parties: Buyers Real estate attorneys work closely with buyers to navigate the complex legal aspects of purchasing a property.

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Purchase and sale agreement Title search Title Due diligence 99

Realty Biz

JANUARY 15, 2024

One popular option is a bridge loan, a short-term loan that allows you to finance the purchase of a new home while you wait for your existing home to sell. What Are Ways to Finance the Purchase? When financing the purchase of a new house while still owning your current one, a few options are available.

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HomeLight

AUGUST 25, 2023

For homeowners in Pensacola lacking the time, expertise, or funds for repairs, this route can mean a swift sale and the chance to move on with their life’s plans. Perhaps you’ve encountered unexpected challenges or urgent situations that demand a fast home sale. No showings, no repairs, no open houses.

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Purchase and sale agreement Inspection Closing Sales 67

HomeLight

AUGUST 30, 2023

If you’re in a pinch, perhaps grappling with an unexpected life event or an urgent need to relocate, a cash sale through one of these companies can be a beacon of hope. Sell Your House Fast in Greendale With an All-Cash Offer Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready.

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Purchase and sale agreement Closing Sales As-is 89

Realty Biz

JANUARY 7, 2021

When you’re buying a home, no matter if you’re a first-time buyer or someone who is onto their 50th property, you may find different clauses that will affect and define just how you can and can’t purchase a home you like or sell the one you currently live in. We’re going to discuss what exactly ROFR is as well.

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Purchase and sale agreement Sales MLS As-is 129

HomeLight

DECEMBER 12, 2023

This guide breaks down what it means to step into a family member’s mortgage shoes and purchase their home. Partner With a Top Agent Familiar With Assumable Mortgages An experienced agent can help minimize challenges and coordinate a home sale between family members. But what does this process actually entail?

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VA loan Mortgages Purchase and sale agreement FHA loan 110

Realty Biz

AUGUST 9, 2023

An attorney can guide you through the local regulations and ensure everything is handled legally. Complex Transactions : If you're dealing with a particularly complicated property transaction, such as foreclosures, short sales, or if there are liens on the property, an attorney's expertise can be invaluable.

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Purchase and sale agreement Mortgages Short sale Commercial 52

Realty Biz

FEBRUARY 27, 2023

With that in mind, here is a guide to help you choose a reliable broker. With that in mind, here is a guide to help you choose a reliable broker. Prepare a list of questions that will help you determine their experience, sales history, and how they operate. Can you provide proof of your license and certifications?

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Realty Biz

NOVEMBER 28, 2023

It provides a comprehensive database of properties available for sale, maintained by real estate brokers. Additionally, MLS codes indicate property status, pricing, and sales information. MLS listings are accessible to all participating brokers, maximizing the property's visibility and increasing the chances of a successful sale.

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MLS Purchase and sale agreement Sales Agents 104

HomeLight

AUGUST 16, 2022

That’s right, it’s a “For Sale By Owner” property, meaning that the owner is selling the property without the help of a listing agent. That’s right, it’s a “For Sale By Owner” property, meaning that the owner is selling the property without the help of a listing agent. They don’t want to negotiate on the sale price of the home.

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Purchase and sale agreement Agents Inspection Title 100

HomeLight

DECEMBER 30, 2021

When you make an offer to buy a house, you’ll sign and initial contracts for each offer, and when one is accepted, it’s now officially a purchase agreement , which becomes a legal document. Matt Laricy is a top agent in Chicago , completing 41% more sales than the average agent in his area. Matt Laricy. Real Estate Agent.

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Purchase and sale agreement Title Short sale Closing 81

Realty Biz

JANUARY 10, 2024

We explore everything you should know for a first-time house sale by answering frequently asked questions. Next, you should consider hiring a reputable real estate agent who can guide you through the selling process and help market your home effectively. Paying careful attention to these details leads to successful sales.

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Purchase and sale agreement Seller disclosure Staging Title search 102

Realty Biz

OCTOBER 13, 2022

The agent will also notify you when new listings are about to hit the market and can also offer information on recent sales. By helping you weed out houses that are still showing up on public websites but are no longer for sale, your realtor can also help you save time. Each party's objectives are generally at odds with one another.

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Purchase and sale agreement Inspection Land Agents 85

Easy Agent Pro

APRIL 8, 2024

’ They’ll expand your grasp of client needs, improve your negotiation skills, help you understand market fluctuations, and guide you in upholding ethical standards. .’ It’s about reading between the lines, picking up on subtle cues, and using those insights to guide your selling strategy.

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Agents Purchase and sale agreement Residential Title 81

Realty Biz

JANUARY 10, 2023

The seller does not have to make any repairs before the sale, but certain disclosures are still made to the buyer. Selling a house as-is means selling the property without making any repairs or improvements. With all its flaws, the buyer takes the property and is responsible for any repairs or upgrades needed. Keep reading to learn more.

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HomeLight

JANUARY 3, 2023

While this is a general guide to selling a house by owner in Colorado, we always recommend that you look into the local regulations for your area and consult with a qualified legal professional before taking action. Year-over-year, monthly sales in the Phoenix metro area were down nearly 25%. Real estate transfer taxes: 0.01%.

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Purchase and sale agreement Inspection MLS Inspection contingency 104

HomeLight

JANUARY 10, 2023

While this is a general guide, we always recommend that you look into the local regulations for your area and consult with a qualified legal professional before taking action. Often, the decision to go for sale by owner (or, “FSBO”) is motivated by a desire to save on agent commissions. Fast Fasts for Selling a House in California.

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Purchase and sale agreement Natural hazards disclosure Inspection Title 96

Redfin

DECEMBER 6, 2023

Purchasing a home in New York marks a monumental step, unveiling a rich tapestry of choices across its dynamic neighborhoods and bustling boroughs. This Redfin article will delve into the intricacies of buying a house in New York, guiding you through this vibrant and fast-paced market. What’s it like to live in New York?

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Purchase and sale agreement Pre-approval Closing costs Sales 60

Realty Biz

JANUARY 9, 2024

To help you achieve these goals, we have compiled a list of essential tips that will guide you through the process. From preparing your home for sale to negotiating offers, these tips will ensure a successful sale. From preparing your home for sale to negotiating offers, these tips will ensure a successful sale.

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