HomeLight

JULY 31, 2021

The main method is to request a cash offer from an investor or cash-buying company that will likely purchase your home “as is.” Reports from the National Association of Realtors show that nearly a quarter of existing home sales were made with all-cash in the spring of 2021 — but how do you go about finding your cash buyer?

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HomeLight

JUNE 30, 2021

This is why many buyers make offers on their new home that include a sales contingency. With a sales contingency in your offer, you won’t have to close on your new home unless you’ve sold your old home. But a sales contingency could also make it harder to get an offer accepted.

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HomeLight

DECEMBER 29, 2023

Typically, the reasons are like an estate sale where they’ve inherited the property, and they don’t have the funds or the inclination to prepare the property for the market. It’s a seller’s market, and they strongly prefer an “as is” sale,” she adds. Either that or it’s not a distressed property.

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HomeLight

OCTOBER 30, 2020

And if you add a home sale contingency into the mix (that is, if you need to sell your current home before you can buy a new one), closing the deal can take even longer. With cash, buyers are able to waive common contingencies, making the deal smoother and faster (not to mention sweeter for the seller). Because it’s fast.

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HomeLight

MAY 17, 2022

But although you might pay less than you would on the open market, closing a sale on a foreclosure can take a long time, and properties may be sold “as-is ,” without a seller’s disclosure. Before you get started down the road toward buying a foreclosure, it’s good to know the different types of sales that you might encounter.

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HomeLight

MARCH 31, 2022

Early 2022 data from Florida Realtors® indicates a 23% increase in median sales price and a 33.3% With such impressive sales figures, some Florida sellers may be curious about how to sell a house by owner in Florida — a decision that could help them save on agent commissions. Average home sale price in Florida: $530,419 (Jan 2022).

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HomeLight

AUGUST 31, 2020

Some potential homebuyers pass over foreclosures or buying a bank-owned home entirely because they are daunted by the special considerations that go into this kind of sale. If it does sell, the lender gets back some of the outstanding loan amount through the sale. Others might consider the same properties as slam-dunk bargains.

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HomeLight

AUGUST 12, 2022

HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. Median sales price in California. As is” is a type of home sale where it’s understood that no improvements will be made to the property. Sell 'As Is' With a Cash Offer. Skip repairs and close in as few as 10 days.

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HomeLight

SEPTEMBER 30, 2020

you need to protect your sale price from sinking. With the average buyer negotiating $14,000 in savings from the inspection , your concerns are valid. Here we’ve compiled the myths and risks about an “as is” sale so you don’t go in blind. I’m selling this house as is.” And a buyer makes an offer.

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HomeLight

JANUARY 3, 2023

Year-over-year, monthly sales in the Phoenix metro area were down nearly 25%. Often, the decision to go for sale by owner (or, “FSBO”) is motivated by a desire to save on agent commissions. Once you’ve seen what’s required, you can roll up your sleeves and get started with your FSBO sale in Colorado.

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HomeLight

AUGUST 25, 2020

The overarching question, as you make your way down your pre-sale checklist , is likely something along the lines of: “How long is this going to take?”. Your sale could be different. Every house, every market, and every individual sale will vary in terms of days on market and closing timelines.

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HomeLight

AUGUST 24, 2022

According to Todd Auslander , who completes 27% more sales than the average Stamford, Connecticut agent, selling a house ‘as is’ in Connecticut is mostly done when the owner inherits the house, lives out of state, or the house is in really bad condition. Median sales price in Connecticut. Estate sales. Request Offer.

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HomeLight

APRIL 28, 2023

When the time comes to move, some tenacious homeowners in Texas are eager to take over the reins of their home sale and figure out how to sell a house by owner. Often, the decision to go for sale by owner (or “FSBO”) is motivated by a desire to save on agent commissions. That 6% is deducted from the seller’s proceeds at closing.

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HomeLight

MARCH 31, 2022

price increase , pushing median sale prices to upward of $350,000. With such impressive sales figures, some sellers may be curious about how to sell a house by owner in Arizona — a decision that could help them save on agent commissions. Median sales price: $449,900 (Feb. Median sales price: $449,900 (Feb. 2022 , a 28.5%

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HomeLight

APRIL 29, 2021

The home sale process involves a long list of steps, and your execution of each impacts your final sale price. As with most things in life, preparation is the key to a successful home sale. With 24 years of experience under his belt, Thompson shared a few gems about navigating the home sale journey. Landscaping: 100 %.

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Purchase and sale agreement Pre-approval Inspection Inspection contingency 98

HomeLight

JULY 31, 2022

When you find a neighborhood you love, the next step is finding a home that’s for sale and in your price range. If you decide that you are not willing to proceed with the sale because of the scope of the problems, then this will be your first chance to walk away. Common contingencies include: Inspection contingency.

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HomeLight

JANUARY 10, 2023

With such impressive sales figures, some sellers may be curious about how to sell a house by owner in California — a decision that could help them save on agent commissions. 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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Realtor.com

SEPTEMBER 18, 2020

” Why people are waiving home inspections during the COVID-19 era. Offers that waive a home inspection contingency can be more attractive to home sellers since there’s less likelihood that the buyers will find some expensive problem that they’ll demand is fixed before they move forward.

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HomeLight

OCTOBER 18, 2022

The National Association of Realtors internal data reveals a 1% of the sales price investment into home staging saw an average return on investment of 5% to 15% over the asking price. Stage the home: Making an impression on the buyer is vital to a successful sale. A properly staged home may result in: Increased sale price.

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HomeLight

SEPTEMBER 29, 2021

“Investors have been pumping millions into the city,” shares Rachael Barach , a top real estate agent who works with 82% more single-family homes than the average agent in Pompano Beach. Since the inventory of homes for sale has lagged compared to the influx of buyers, homes in Pompano Beach are selling fast for record-high prices.

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HomeLight

FEBRUARY 28, 2022

“The logistics include timing the purchase and the sale, negotiating with both sides on moving or possession dates, and organizing belongings to get ready for the move,” said Mike Qui, owner of Good as Sold Home Buyers. Juggling the sale of one home and the purchase of another can be stressful even under the best of circumstances.

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HomeLight

MAY 28, 2021

An example: Let’s say a property is listed as-is, and a home inspection finds a leaky roof and foundation issues. You’ll be on the hook for the entirety of those repairs, and you can’t expect any financial help from the seller if you pursue the sale. In some as-is home sales, you might see a “where-is” specification added in.

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HomeLight

SEPTEMBER 1, 2020

If the homeowner fails to catch up on their payments by the auction date, the home is auctioned for sale. You can buy a short sale, or you can buy a bank-owned property — but the foreclosure is just what’s happening in the process.”. Bank-owned property sales work a little differently and can often take a bit longer.

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HomeLight

AUGUST 31, 2021

Ever since the 2008-2009 recession, cash offers have become more prevalent, accounting for 33% of sales as of 2021 — that’s up from 20% in 2019. Cash buyers have the option of taking these same steps for appraisals and inspections, but they aren’t required to so to appease a lender. Updated August 31, 2021. Source: (Mike / Pexels.com).

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Marco Santarelli

AUGUST 2, 2020

Our main focus would be on the last month's housing prices and sales statistics in NYC. The median sales price in the NYC hit $718,000 in June for the highest figure year-to-date. Residential sales in NYC were reported to be down by 25% as compared to last year. The median home sale price in Manhattan was $1M.

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HomeLight

JANUARY 31, 2022

Dau says that prior to the pandemic, “we didn’t see it much at all before except for investors. To protect themselves, Ellis and her husband made sure the sale was contingent on a home inspection. Initially, “we found a property we liked, but the inspection revealed a lot of issues, so we backed out.

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HomeLight

DECEMBER 23, 2021

Get started with our Simple Sale platform and a no-obligation offer. Similarly, because homeowners insurance for a home that’s not up to code may cost more, that too may become a point of leverage that allows the buyer to negotiate a reduced sales price on your home. Your agent can advise if an “as is” sale is right for you.

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HomeLight

MARCH 23, 2022

If you must include contingencies, such as a loan contingency or appraisal contingency to secure a mortgage, try to include as few as possible. One contingency that can potentially be bypassed is the inspection contingency, if the buyer is willing to buy the home “as is” or if the seller has completed a pre-listing inspection.

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HomeLight

JUNE 17, 2022

Lowering the price, even in a buyer’s market, is better than letting the house sit when you don’t live in the area, or need the money from the sale. As this example from Elmer Morales , a top-selling agent in southern California with 21 years of experience demonstrates: “I had an investor, he had bought the property and fixed it up.

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CT Homes

OCTOBER 30, 2020

Find and Qualify your Buyers Compare Contracts Offer Terms Inspection Contingency Earnest Money Deposit Closing Period Accept an offer and Open Escrow Monitor Transaction Deadlines Close Escrow. To attract attention to your property, you could post a FSBO (For Sale By Owner) listing on Zillow or similar website.

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Earnest money deposit Purchase and sale agreement Inspection Inspection contingency 52

CT Homes

OCTOBER 30, 2020

Find and Qualify your Buyers Compare Contracts Offer Terms Inspection Contingency Earnest Money Deposit Closing Period Accept an offer and Open Escrow Monitor Transaction Deadlines Close Escrow. To attract attention to your property, you could post a FSBO (For Sale By Owner) listing on Zillow or similar website.

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Earnest money deposit Purchase and sale agreement Inspection Inspection contingency 52

HomeLight

OCTOBER 12, 2020

Price matters but, like, we’ve actually had a sale fail, so, like, these guys just want someone who’s sure and they wanted to close.” Sometimes the seller fells a little bit more connected to that buyer than maybe an all cash investor. .” They might say, “Guess what? It’s the principle of it.

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HomeLight

MARCH 22, 2021

Price matters but, like, we’ve actually had a sale fail, so, like, these guys just want someone who’s sure and they wanted to close.” Sometimes the seller fells a little bit more connected to that buyer than maybe an all cash investor. .” They might say, “Guess what? It’s the principle of it.

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