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. If you’re looking to buy a home in such a market, you need to understand how a cash offer on a house works and what makes such an offer appealing to sellers.

Due diligence 79

Due diligence Inspection Pre-approval Pre-qualification 79

HomeLight

JANUARY 13, 2022

These conditions are known as contingencies, which is where the term “active contingent” comes from. Many offers contain contingencies. In May 2020, 76% of closed sales contained purchase contingencies, a survey from the National Association of Realtors® (NAR) found. Inspection contingencies.

Backup offer 80

Backup offer Inspection contingency Purchase and sale agreement Home sale contingency 80

HomeLight

NOVEMBER 29, 2021

Your house is spotless, if you can ignore the open house signs and marketing flyers strewn across the dining room floor. According to the National Association of Realtors® (NAR) 2020 Profile of Home Buyers and Sellers, 8% of homeowners opted to sell for sale by owner , or FSBO. Steps to selling your house without a Realtor®.

Purchase and sale agreement 86

Purchase and sale agreement MLS Inspection Agents 86

HomeLight

MARCH 23, 2022

In the words of Leslie Peterson , a top agent in San Francisco , California: “It’s just a crazy market right now.”. In a hot seller’s market like we’ve seen since the onset of the coronavirus pandemic (and will likely continue to see as we get further into 2022), being a prepared buyer will give you an edge when it’s time to make an offer.

Pre-approval 97

Pre-approval Marketing Inspection Finance 97