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Tempted by a Cash Offer for Your Home? Dissect It With This Guide

HomeLight

Your sale is more likely to close and close faster with a cash offer than with an offer that hinges on a mortgage approval. A cash offer is an offer made by a homebuyer who wants to purchase a piece of residential real estate without borrowing money from a lender. Home inspection contingency. Good question.

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How to Sell a House by Owner in Colorado

HomeLight

FSBO sellers in Colorado may consider getting a home inspection prior to listing their home for sale. However, be aware that if you get a pre-listing inspection, you will be required to share relevant findings with buyers and how you did or did not address them. These include: Seller’s property disclosure (residential).

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How to Sell a House by Owner in Florida (2022 Updates)

HomeLight

Addressing any issues upfront helps buyers have peace of mind when making an offer and helps to prevent inspection-related closing delays. However, be aware that if you get a pre-listing inspection, you will be required to share relevant findings with buyers and how you did or did not address them. Get a pre-listing appraisal.

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Do the Due: A Complete Due Diligence Guide and Checklist for Homebuyers

HomeLight

What does due diligence mean in residential real estate? There’s a difference between the two stages. Pre-approval letters are usually good for 60 to 90 days, so don’t enter this stage until you’re serious about your home search. And how do buyers know if they’ve done it well? Source: (Ryan Quintal / Unsplash).

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NYC Real Estate Market 2020 Overview

Marco Santarelli

Residential sales in NYC were reported to be down by 25% as compared to last year. Let us continue to explore the housing market trends — from pre-COVID-19 days until July. About 1 percent of Redfin customers waived either a financing or inspection contingency last month. Additionally, there are 673 homes for rent.

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