HomeLight

FEBRUARY 26, 2021

These are all items that you may see listed for sale “as is” on sites like Facebook Marketplace or Craigslist. So how do “as is” sales in furniture and retail translate to “as is” sales in real estate? Buyers can still get an inspection to unearth problems. A home inspection is part of a buyer’s due diligence.

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As-is Sales Inspection Investor 98

HomeLight

MARCH 30, 2022

Whether you’re an investor looking for a speedy sale so you can move on to your next deal or a homeowner trying to unload a property quickly to avoid financial strain, you’re in search of real estate cash buyers to purchase your house without a lengthy or uncertain process. Reduce the time it takes to close your sale.

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Sales Investor Renovation Due diligence 98

HomeLight

AUGUST 31, 2021

You’re reading through a new MLS listing, and you believe you found your ideal home. They’ll put the house up for auction either in a sheriff’s or public trustee sale (the name depends on what foreclosure process your state follows). Different types of foreclosure sales. Short sale. Pre-foreclosure.

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Pre-approval Short sale Banks Finance 100

Realty Biz

NOVEMBER 18, 2021

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. Bank-owned property sale of a foreclosed property. When to Use a BPO.

Short sale 111

Short sale Inspection Loans Banks 111

HomeLight

SEPTEMBER 20, 2022

Short sales can provide an excellent opportunity for potential homebuyers to score a good deal. If you’re in the market to buy a short sale home, you’ll need to prepare for a lengthy closing process and steel yourself to jump through some hoops not generally associated with traditional sales. What is a short sale?

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Short sale Sales Pre-approval Equity 87

HomeLight

OCTOBER 5, 2020

As fate would have it, right when you’re ready to start seriously searching for a home to buy, your dream house is listed for sale as a short sale. If you don’t know about short sale requirements for buyers, you might feel like you’re out of luck. What’s a short sale?

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Short sale Sales Pre-approval Pre-qualification 80

Point2Homes

JUNE 4, 2021

The local government websites are a good starting point, but you can also check out real estate websites, MLS reports and even local newspapers. In rare cases, you can request a home inspection ; however, these inspections have limitations. Also, it’s worth considering short sales and REO properties as an alternative.

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Title search Title Inspection Short sale 96

HomeLight

JANUARY 3, 2022

Top iBuyer companies include Opendoor, Offerpad, Redfin Now, and HomeLight (we offer iBuying services through our Simple Sale platform). An agent-assisted sale is likely to benefit from the competition of the open market in which buyers make connections with homes and often bid with their emotions. All of this takes time.

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Agents Title Inspection Title search 96

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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Banks Inspection contingency Inspection FHA loan 81

HomeLight

MARCH 30, 2021

You may have heard a little bit about short sales — enough to know that this type of real estate listing can present some opportunities to get a good deal. But while short sales offer potential opportunities , they come with plenty of potential pitfalls as well. Know if a short sale is the best option for you.

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Short sale Sales Pre-approval Closing costs 60

HomeLight

AUGUST 25, 2020

With an off market sale, “people are able to sell their home without worry, know it’s done, and be able move on to the next chapter of life and … still put a sizable amount of money in their pocket and hit their financial goal,” Griffin says. The structure “had to be taken down to the studs,” not the ideal condition for a conventional sale.

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Marketing MLS Pre-approval Sales 55

HomeLight

JULY 6, 2023

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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MLS Backup offer Inspection contingency Purchase and sale agreement 95

HomeLight

MAY 10, 2021

Advocating for your best interests in the sale, including on price and other contract negotiations. Negotiating repairs or price adjustments that may be feasible as a result of appraisals or inspections. This payment comes in the form of commission on the home sale. (If Managing the transaction throughout the process.

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Agents Inspection Brokerage Closing 104

Kyle Handy

JANUARY 20, 2023

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. The better your landing page, the more likely you will get someone to connect with you and commit to the sale.

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House Flipping Bankruptcy Investor Renovation 89

HomeLight

OCTOBER 27, 2021

Property value is how much a house is worth (or would be worth) if the owner were to list it for sale today. Ricky Ruiz is an agent in Las Vegas who completes 15% more sales than other agents in his area. Real estate agents might help a seller determine how much a house is worth when it’s listed for sale.

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Sales Title Agents As-is 75

HomeLight

MAY 28, 2021

Real estate agents are sometimes called subagents, real estate salespeople, or sales agents. In New York, sales agents are known as brokers. 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. Perhaps a foreclosure or short sale?

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Agents Brokerage Design Short sale 101

HomeLight

SEPTEMBER 30, 2021

Here are the quick points to know on how to sell a house with a mortgage: You’ll use the proceeds from the sale of your home to pay off your existing mortgage balance. It’s always going to be a good first check to call the bank and ask for a payoff statement,” shares Richie Helali , Mortgage Sales Leader at HomeLight. “It

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Mortgages Debt-to-income ratio Equity Closing costs 102

HomeLight

SEPTEMBER 30, 2020

Durham says that in Georgia, foreclosures must be advertised for four weeks leading up to the sale. “If You’re not spending any money into it until after you’re under contract and based on your inspection.”. Unlike live auctions, many auction websites charge a fee on top of the sale price. “If

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Due diligence Hard money loan Finance Banks 98

HomeLight

DECEMBER 29, 2023

Fast facts about selling a house ‘as is’ in Minnesota Median sales price in Minnesota $334,900 Average days on market (DOM) for Minnesota 32 days Disclosures Minnesota law requires sellers to disclose material facts about the property through the Minnesota Seller’s Property Disclosure Statement. Yes Is a real estate attorney required?

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As-is Inspection Finance Investor 95

HomeLight

MAY 23, 2022

Josh Muncey , a real estate agent with over $500 million in career sales and 16 years of experience selling in greater Boston, Massachusetts, says, “it’s hard to find a market in the Boston area that’s not feeling red hot lately.”. HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition.

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As-is Inspection Investor Sales 95

HomeLight

MAY 19, 2022

HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. Median sales price in Maryland. MLS has field to mark a listing “as is”? 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.

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As-is Inspection Investor Closing costs 103

HomeLight

MAY 23, 2022

HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. Median sales price in Indiana. Indiana law requires sellers to disclose material facts about the property through the Seller’s Residential Real Estate Sales Disclosure. MLS has field to mark a listing “as is”?

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As-is Purchase and sale agreement Inspection Closing costs 100

HomeLight

MAY 23, 2022

HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. Median sales price in North Carolina. MLS has field to mark a listing “as is”? “As is” is a type of home sale where it’s understood that no improvements will be made to the property. Request Cash Offer.

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As-is Purchase and sale agreement VA loan Inspection 87

HomeLight

MAY 23, 2022

“Either there are a couple of issues with the house that they want to disclose but not necessarily repair or they’re selling a house as part of an estate sale and don’t know a lot about it.”. HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. Median sales price in Wisconsin.

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As-is Inspection Investor Closing costs 109

Marco Santarelli

DECEMBER 20, 2020

Most newbie investors are perplexed with the question of how to find investment properties for sale? What is an investment property for sale? Let’s learn how to find investment properties for sale. How To Find Investment Properties For Sale: Search For Off-Market Deals.

Sales 80

Sales MLS Renovation Investor 80

HomeLight

FEBRUARY 4, 2022

This happens in one of two ways : through the local court or sheriff’s office in a judicial foreclosure, or through the mortgage company in a power of sale or non-judicial foreclosure. The bank will then work with a listing agent to list the home on the MLS. Use the MLS. And the proceeds for any sales go to the U.S.

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Agents Banks MLS Title 83

HomeLight

OCTOBER 27, 2021

In fact, the homeowner might even have a plan to catch up on the mortgage, and in the end, the home won’t end up in any kind of sale.). And that prospect can be tricky, as these homes aren’t as easy to find as a house that’s listed on the MLS because they’re not for sale. Source: (LinkedIn Sales Solutions / Unsplash).

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Purchase and sale agreement Inspection Homeowner’s association Title 90

HomeLight

APRIL 29, 2022

“Some people have a lot more time and energy to engage and make the best of the sale, and some people don’t,” says George Graham , a top real estate agent in the Seattle, Washington, area. An as-is home sale often indicates that the home has some “big-ticket items” that won’t pass the required inspection or appraisal, he adds.

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As-is Purchase and sale agreement Investor Inspection 72

HomeLight

JULY 27, 2021

Regardless of whether an individual’s professional designation is a licensed real estate agent or a Realtor® (a Realtor® is a licensed agent who is a member of the National Association of Realtors ), most agents are paid through commissions, which are a percentage of a home’s sales price. Attend home inspections. Why the vagueness?

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Purchase and sale agreement MLS Agents Brokerage 109

HomeLight

NOVEMBER 10, 2021

When it’s time for the inspection, they’ll reassure you that a damp basement is normal for the town, or tell you to get it checked out by a professional. Your agent can set you up with MLS access, filtered for your criteria. Many automated valuation models lag actual sales data and could be outdated. Step 9: Order an inspection.

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Inspection Title Pre-approval Agents 90

HomeLight

JANUARY 19, 2023

Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit. An inspection might cost a few hundred dollars, but a $400 inspection can keep you away from a $10,000 or $20,000 problem,” he says.

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House Flipping Inspection Renovation Finance 99

HomeLight

FEBRUARY 24, 2023

After all, someone needs to buy that house you’ve just renovated , and your chances of a quick sale — at a desirable price — are much higher in a location where people want to live. Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit.

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House Flipping Inspection Renovation Finance 74

HomeLight

MARCH 19, 2022

An above-average sale-to-list price ratio (meaning they on average fetch more for their sellers than their peers). Work With a Top Real Estate Agent for a Great Home Sale. Your agent should also provide an overview of the entire sales process so you’re ready for next steps. Selling in your price point.

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Closing Due diligence Agents Staging 95

HomeLight

AUGUST 24, 2022

Looking to connect with a Florida cash home buyer for a quick sale in the Sunshine State? HomeLight’s Simple Sale platform provides all-cash offers, giving clients a fast, stress-free home selling experience without having to worry about additional repairs or prep work and with no additional fees, commissions, or upfront costs.

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Purchase and sale agreement Title search Proof of funds Title 106

HomeLight

FEBRUARY 9, 2023

Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit. San Diego The number of homes for sale in San Diego is increasing. Once you win your bid, it’s absolutely crucial that you get a home inspection and an appraisal.

House Flipping 88

House Flipping Hard money loan Finance Investor 88

HomeLight

FEBRUARY 24, 2023

After all, someone needs to buy that house you’ve just renovated , and your chances of a quick sale — at a desirable price — are much higher in a location where people want to live. Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit.

House Flipping 98

House Flipping Renovation Finance Agents 98

HomeLight

FEBRUARY 24, 2023

The median sale price for a single-family home in Florida in Q4 of 2021 was $365,000, and it went up to $400,000 in Q4 of 2022, a 9.6% Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit.

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House Flipping Renovation Investor Finance 96