Rochester Real Estate

NOVEMBER 5, 2015

What To Expect From Your Listing Agent Why For Sale By Owners (FSBOs) Fail Blog Featured Articles Home Buying Home Selling LOCAL Rochester NY Articles How to Buy a House in New York Kyle Hiscock Kyle Hiscock | Greater Rochester NY Real Estate | Pittsford NY Realtor at RE/MAX Realty Group Have questions about buying or selling a home?

Purchase and sale agreement

Rochester Real Estate

NOVEMBER 5, 2015

Selling as is means no repairs or renovations are required, saving time and money. Understanding the cash sale process, weighing the pros and cons, finding a reputable cash home buyer, and preparing your house for a cash sale are all essential steps to ensure a successful transaction.

As-is

AAOA

MAY 22, 2025

Understanding What Youre Really Buying When youre buying an apartment building , youre not just purchasing property, youre acquiring a business. Start with a Letter of Intent (LOI) outlining your terms, then proceed to a formal Purchase and Sale Agreement (PSA) once its accepted.

Due diligence

Redfin

JULY 31, 2025

Fannie Mae’s HomePath Ready Buyer Program : This offers up to 3% in closing cost assistance when purchasing a HomePath property and completing a homeownership course. Avoid new credit: Don’t open new credit accounts or make large purchases before applying for a mortgage. These typically range between 2-5% of the home’s purchase price.

Purchase and sale agreement

Redfin

JUNE 9, 2025

Because lenders base loan amounts on the appraisal—not the purchase price— buyers are typically responsible for covering this difference out-of-pocket. Prices increasing fast: Prices rise quickly in hot markets but appraisals rely on older sales data that may not reflect the latest trends.

Purchase and sale agreement

Rochester Real Estate

NOVEMBER 5, 2015

What To Expect From Your Listing Agent Why For Sale By Owners (FSBOs) Fail Blog Featured Articles Home Buying Home Selling LOCAL Rochester NY Articles How to Sell a House in New York Kyle Hiscock Kyle Hiscock | Greater Rochester NY Real Estate | Pittsford NY Realtor at RE/MAX Realty Group Have questions about buying or selling a home?

Purchase and sale agreement

Redfin

JUNE 23, 2025

An unpermitted addition is any kind of renovation, remodel, or structural change done without getting approval from the local building department. This could mean the homeowner skipped pulling building permits , didn’t schedule inspections, or simply didn’t know they needed permission in the first place. What are unpermitted additions?

Seller disclosure

Redfin

AUGUST 5, 2025

There are ways to do so without breaking the bank on a newly constructed home or major renovations. But sometimes model homes can also be made available for interested buyers to purchase. As a result, buying a model home can end up being a much more affordable option than purchasing a newly built one.

Purchase and sale agreement

HomeLight

MAY 28, 2025

Whether youre relocating, downsizing, or simply moving within the state, you want a smooth transaction that helps you get the most money from your sale. Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes.

Purchase and sale agreement

HomeLight

MAY 29, 2025

Whether you’re moving to another state, relocating to the suburbs, or looking to downsize to a smaller property, you want the sale to go smoothly while maximizing your proceeds. Prepping your house for sale Typically, preparing your San Antonio home for sale costs between 1.5% of its final sale price.

Purchase and sale agreement

HomeLight

MAY 29, 2025

Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes. Prepping your house for sale Preparing your Kansas home for sale generally costs between 1.5% of its final sale price.

Purchase and sale agreement

HomeLight

MARCH 3, 2025

The most common request I get for as-is sales, are situations where a house is in significant disrepair. Those are the two types of situations in which I typically see a request for an as-is sale, Connor adds. As is is a type of home sale in which its understood that no improvements will be made to the property.

As-is

Housing Wire

JUNE 7, 2024

As overall home sales decline on a national level, signing listings is more difficult than ever for agents of all experience levels. Host open houses for FSBOs Adding value, not being pushy, and building relationships with For Sale By Owner sellers are the keys to converting them to listings. Have you ever considered selling?

Purchase and sale agreement

Realty Biz

AUGUST 27, 2020

Many prospective buyers rush to finalize the purchase, only to find out the slew of structural inefficiencies in the home’s foundation later on. Hence, in most cases, a home inspection before buying a home is considered mandatory. Home inspections provide a comprehensive report of your property, saving money and time in the process.

Inspection

Toronto Realty Blog

FEBRUARY 13, 2025

I don’t want to play favourites, but Michael and Cindy’s purchase was one of my favourite from 2024 because they secured such an incredible deal on the home. You know those houses that are listed for sale five times, by three agents, over fourteen months? They bought one of those. It was a great house! That was that.

Inspection

HomeLight

MAY 27, 2021

And while you understand that a home inspection and appraisal are integral to selling your house, it’s easy to forget how these processes work. Costa is also the author of “ What Every Realtor Should Know About Home Inspections: A Guide to Avoiding Traps and Common Mistakes ”. What is a home inspection?

Inspection

HomeLight

DECEMBER 13, 2021

Should you get an asbestos home inspection to find out more? There have also been standards established for inspecting and removing asbestos in schools. When should you get an asbestos inspection? You’re planning to renovate your home and need to know whether materials contain asbestos before they’re modified or removed.

Inspection

Realty Biz

JANUARY 19, 2024

From three decades working as a Realtor, there are common denominators for first-time home buyers going through the purchase process with ease. This includes understanding the terminology, legal aspects, and financial considerations of purchasing a property. By following these steps, you can easily navigate the real estate market.

Debt-to-income ratio

Lighter Side of Real Estate

SEPTEMBER 11, 2020

However, not all homes for sale are perfectly staged with pristine mid-century modern kitsch, and some are completely empty. Renovations are fast, easy, and cheap. In reality, renovations can be time-consuming, complicated, and—with some exceptions—fairly expensive. Fresh Prince Room GIF from Freshprince GIFs.

Purchase and sale agreement

Toronto Realty Blog

JANUARY 27, 2023

Let’s say that your home in listed for sale and you receive an offer, but the offer has a condition. If you want to work with the buyer and their offer but you’re a little weary of tying the property up for so long, then you insert an escape clause that allows you to potentially get out of the agreement.

Purchase and sale agreement

HomeLight

AUGUST 16, 2021

Between searching for, viewing, negotiating , inspecting, and possibly renegotiating on a home, the road to the closing table is rarely a short one. And if the house you’ve landed on is listed as a short sale, you could be in for a long ride. What exactly is a short sale? Source: (Freedomz / ShutterStock).

Short sale

HomeLight

MARCH 13, 2023

A cash sale may provide the speed and efficiency you need. Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. Buyers were liquid with cash and there are a lot of sellers going that route rather than waiting on a traditional sale.

Sales

HomeLight

JUNE 21, 2022

But you’ll still have to get over the home inspection hurdle that could reveal issues requiring repairs or cause buyers to renegotiate a lower sales price or even walk away from the deal. It’s critical to know what home inspectors look for because serious problems could derail the sale altogether. What is a home inspection?

Inspection

HomeLight

JUNE 13, 2022

You need to save up money for a down payment and closing costs (which are calculated as a portion of your purchase price), but home prices just keep going up — so when you finally reach your goal, you realize that the goalposts have moved, and the hill is even taller than you thought. Let’s dive right in! Why rent to own? for an FHA loan.

Purchase and sale agreement

HomeLight

MARCH 16, 2023

Do you need to connect with cash home buyers in Houston for a fast sale? Whatever your reason for needing a quick sale without making expensive repairs, Houston is teeming with cash home buyers ready to make you an offer no matter your home’s condition. Need to Sell Your House Fast in Houston? No showings, no repairs, no open houses.

Sales

HomeLight

FEBRUARY 14, 2022

These possibilities can be stipulated in the rent-to-own agreement — which is also sometimes referred to as lease-purchase, or a lease-option agreement. With a rent-to-own or a lease-purchase agreement, however, the tenant has already agreed to buy the home after a specified period.

Purchase and sale agreement

HomeLight

SEPTEMBER 27, 2021

With a stellar offer in hand, you’re relieved to have the bulk of your home sale behind you. The lender won’t loan more than the property is worth, so if the appraisal comes in low, your buyer will need to make up the difference in cash or you’ll need to accept a lower purchase price. Conditions of sale.

Purchase and sale agreement

HomeLight

AUGUST 17, 2023

If you’re a homeowner in Memphis facing an urgent need for a quick home sale, you may have come across signs or ads for Tennessee-based “We Buy Houses” companies. A cash sale enables you to quickly receive proceeds from your home sale without having to invest time, expertise, or money into repairs and upgrades.

Purchase and sale agreement

The Close

AUGUST 6, 2024

As their agent, you must also know how to protect your clients through the as-is selling process and understand the nuances such as navigating inspections and disclosures. The buyer ultimately assumes all risks and responsibilities for any issues that may arise post-purchase. ” for your clients.

As-is

HomeLight

JUNE 19, 2023

Basically, a rent-to-own real estate purchase means that you can live in the house as a renter with the intent to close on the home at a date in the future. Lease purchase: This type of contract requires the buyer to purchase the property at the end of the contract term. Purchase price: The price you will pay to own the home.

Purchase and sale agreement

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).

Purchase and sale agreement

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.

Purchase and sale agreement

Redfin

OCTOBER 23, 2023

As the real estate market in Oregon’s largest city continues to flourish, prospective homeowners need to understand the critical importance of home inspections in their buying journey. Why is a home inspection important in Portland, Oregon? Roof leaks, mold, and wood rot are common issues, detectable in a pre-purchase inspection.

Inspection

Broke Agent Media

FEBRUARY 21, 2023

Know what your client has a right to expect of you. #5—Legal issues involving buyer or seller obligations Sellers are supposed to be truthful in their answers to questions about the property—like the state of the plumbing, the condition of major appliances, and any renovation work that has increased or decreased their home’s value.

Purchase and sale agreement

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%

Purchase and sale agreement

HomeLight

NOVEMBER 29, 2021

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. It takes more than a for sale sign staked to your front lawn to sell a home without an experienced agent. Prepare your home for sale. Source: (Kelly Sikkema / Unsplash).

Purchase and sale agreement

HomeLight

FEBRUARY 8, 2023

Instead, she says it’s best to price a home at the market value to attract more buyers, and then multiple bids could potentially drive up the ultimate sale price. Once you’ve accepted an offer on your New York State home, you’ll have to deduct all of the expenses associated with the sale to arrive at your total proceeds.

Purchase and sale agreement