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Active Pending Short Sales: What Are They, And Can You Still Make an Offer?

HomeLight

You see a house you love, but the listing shows that it is an “active pending short sale.”. And just what is a short sale, anyway? Is a short sale home purchase for you? And can you still make an offer on an active pending short sale? Short sales defined . Wait, what?

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What is a BPO and When to Use Them?

Realty Biz

But don’t mistake a BPO for a home inspection. A professional home inspection is much more thorough about looking for damage and repairs needing to be made. Most BPOs also provide information about 3 comparable property sales and 3 comparable listings. A homeowner going the route of ‘For Sale By Owner.’ When to Use a BPO.

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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. However, as those forbearances end toward the later part of 2021, foreclosures will likely become more readily available and may even hit the market in droves, says Florida real estate agent Christina Griffin , who has 20 years of experience in the industry.

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Find Real Estate Cash Buyers for a Speedy Sale

HomeLight

Take away risks of your sale falling through. According to January 2022 data reported by the National Association of Realtors®, more than one-fifth of terminated contracts were ended due to financing issues , while inspection concerns ended one quarter of terminated real estate deals. Save money on repairs and commission.

Sales 95
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This Is How To Profitably Find Houses To Flip In 2023

Kyle Handy

Others know that their property isn’t going to pass a house inspection. They want to sell their house without an MLS listing or an agent, so they list it on Zillow and wait for potential offers to come in. But there are a lot of industries that may be helpful if you’re looking to flip a house.

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3 Different Types of Real Estate Agents (And 7 Subtypes), Explained

HomeLight

As part of being a Realtor®, in some areas, this gives them access to the multiple listing service (MLS), which gives them access to more home listings. Also licensed state-by-state, brokers have at least two to five years of sales experience as a real estate agent under their belts and must pass the real estate broker exam for their state.

Agents 99
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6 Reasons Why You Should NOT Trust the Online Property Value of That House

HomeLight

According to Cullen, “a full appraisal includes a thorough inspection of the property, both interior and exterior. Appraisers are looking for quality, condition, and attributes that would make that home more or less valuable than the comparable sales in your area.”. Distressed properties and other sales skew data.

Sales 73