Remove Inspection contingency Remove MLS Remove Renovation Remove Short sale
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Real Estate Pending Vs. Contingent: MLS Lingo Explained for Sellers

HomeLight

That’s why it’s important for your real estate agent to keep your property’s status up to date, both in the multiple listing service (MLS) that agents cooperatively use, as well as in online marketplaces, which pull data from the MLS. Buyers also can use the findings of an inspection to negotiate for repairs or credits.

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5 Keys To Know About an ‘As Is’ Home Sale Before You Try One

HomeLight

According to the 2020 Profile of Home Buyers and Sellers from the National Association of Realtors (NAR), 44% of buyers who purchased new homes did so to avoid renovations and problems with plumbing or electricity. Buyers fear inheriting a house with a host of hidden problems. Enter real estate disclosures.

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13 Steps to Buying a Bank-Owned Foreclosure

HomeLight

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 homes may not be the best-staged or the most recently renovated. Ask your agent to find you bank-owned or REO homes on the MLS (multiple listing service) that meet your specifications.

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