The Close

DECEMBER 15, 2023

Because investors continue to buy and sell properties regardless of whether it is an up or down market , it’s always a good time to work with investors. That’s why a relatively small percentage of agents, the ones who work with investors, split an estimated 13% of the $100 billion annual real estate commission pool—around $13 billion.

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Investor Marketing Purchase and sale agreement Agents 97

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).

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Purchase and sale agreement Inspection Title Inspection contingency 111

Toronto Realty Blog

MAY 16, 2022

When the government mandated a 20% down payment on properties of a $1,000,000 purchase price or higher, that meant that $800,000 properties shot up to the high-$900’s essentially overnight. ” This could be in the form of reduced rent, reduced sale price, or the government “buying” the units from the developer.

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Construction Purchase and sale agreement Pre-approval Development 105

HomeLight

DECEMBER 10, 2021

Just how much do you stand to lose if you list your home as an as-is sale ? Ryne Lambert , real estate investor and cash home buyer based in Wisconsin. When selling your house as is, the buyer purchases the home with the understanding that the seller chooses not to make any repairs or improvements. Your buyer.

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As-is Purchase and sale agreement Investor Closing costs 110

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.

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Purchase and sale agreement Inspection Inspection contingency MLS 115

HomeLight

APRIL 29, 2021

The home sale process involves a long list of steps, and your execution of each impacts your final sale price. As with most things in life, preparation is the key to a successful home sale. With 24 years of experience under his belt, Thompson shared a few gems about navigating the home sale journey. Vinyl windows: 72%.

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Purchase and sale agreement Pre-approval Inspection Inspection contingency 98

McKissock

AUGUST 13, 2021

Why must an appraiser be given a copy of the sales contract? First and foremost, Standards Rule 1-5 in the Uniform Standards of Professional Appraisal Practice (USPAP) states that we are to: “analyze all agreements of sale.” What is in the sales contract that an appraiser actually needs to see?

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Sales Purchase and sale agreement Pre-approval Development 64

The Close

FEBRUARY 19, 2025

Whether youre a new or experienced real estate investor, you may have asked, What is a real estate short sale? The simple answer is that a short sale is when a homeowner owes more for their home than its current market value and puts it up for sale. What Happens in a Real Estate Short Sale? Lets begin!

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Short sale Sales Due diligence Purchase and sale agreement 52

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. Dennis Shirshikov , a strategist at Awning.com, a real estate company for investors, says sellers are better off pricing a home a little lower and attracting some extra bids.

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Purchase and sale agreement Inspection Investor Agents 105

Marco Santarelli

AUGUST 18, 2020

We will discuss the latest trends & prices and find out how they can affect the investors and homebuyers of Boston in the latter half of 2020. In June, the pending sales of single-family homes jumped 43.6 percent from 1,187 homes put under agreement in May, and condo pending sales climbed and even more impressive 51.7

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Marketing Purchase and sale agreement Investor Sales 124

HomeLight

JUNE 29, 2022

When it comes to selling a house, many homeowners hope for a quick, easy sale. By analyzing recent sales transactions, local market trends, and the general condition of your home, you’ll receive a preliminary home value estimate range for your property. He purchased the home nearly a week later.”. Comparable properties.

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Purchase and sale agreement Pre-approval Agents Sales 116

Toronto Realty Blog

JANUARY 22, 2021

Let’s rewind… Back in October of 2017, a pre-construction, stupidly-named “Museum FLTS,” was cancelled. I told them that I had been writing about the perils of pre-construction condos for a decade and that there was nothing they could “do” about this cancellation.

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Purchase and sale agreement Pre-approval Development Construction 70

Marco Santarelli

AUGUST 17, 2020

Some of these sites can help real estate investors as well who don't have much margin for error when their mistakes have multiple zeroes on the end. These websites provide a plethora of unique features, tools, data analytics, and automated software for real estate buyers, sellers, investors, and landlords. Pic Credits: Realtor.com.

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Purchase and sale agreement Land Investor MLS 115

Realty Biz

JANUARY 12, 2021

It’s about working with a professional agent to narrow your search and help you navigate through the purchase process. It means proving you are pre-qualified for a loan before you know what house you might buy. Once you have an offer accepted, a whole new set of people start looking at the agreement to see if they approve.

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Purchase and sale agreement Pre-qualification Pre-approval MLS 67

Toronto Realty Blog

MARCH 25, 2022

The organization also criticized the First-Time Home Buyers Incentive program, a shared-equity program launched in September 2019 that offers five per cent toward the down payment for a first-time buyer’s purchase of an existing resale home, or 10 per cent for a newly constructed home. Municipalities Say” Globe & Mail.

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Purchase and sale agreement Construction Pre-approval Development 104

HomeLight

MARCH 28, 2022

Simple Sale provides cash offers for homes nationwide for when a traditional listing doesn’t work. If you purchased the home recently, such as a year or two ago, it’s possible you haven’t built up much equity yet. Look-back: You did not exclude the gain from the sale of another house within two years from the sale of this house.

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Purchase and sale agreement Agents Equity Staging 119

HomeLight

SEPTEMBER 21, 2020

Some will purchase your home with the intention of renting it out. Unlike flippers, iBuyers purchase homes in fairly good condition at a high volume, turn them around quickly, and aim to offer a seamless home-selling experience online with easy-to-use digital platforms. Access hundreds of pre-approved buyers nationwide.

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VA loan Purchase and sale agreement Loans Agents 111

Redfin

MAY 5, 2023

Whether you’re a first-time homebuyer or an experienced real estate investor, buying a home in the Lone Star State is a thrilling experience. However, due to the recent hike in mortgage rates, the market has experienced a slight decline, with median sale prices dropping by 2.5% to $341,300 and competition slowing down.

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Purchase and sale agreement Pre-approval Seller disclosure Earnest money deposit 66

Marco Santarelli

JULY 27, 2024

Understanding this dynamic can help homebuyers make informed decisions about timing their purchases and securing their mortgage rates. Economic data releases and investor sentiment will be crucial factors influencing any significant movement. Each home sale is unique, and timing can be everything. mortgage rates.

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Mortgages Pre-approval Purchase and sale agreement Finance 52

Marco Santarelli

AUGUST 16, 2024

But the road to property ownership is often paved with the daunting reality of high prices, especially for aspiring investors with limited capital. Fear not, intrepid investor! Factor in all costs: The purchase price is just the tip of the iceberg. Check Our Inventory of Turnkey Rental Properties For Sale 2.2.

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Due diligence Purchase and sale agreement Renovation Title search 52

Toronto Realty Blog

APRIL 28, 2021

The agent that called me said, “I’ll be honest, my buyers’ max pre-approval is $1,500,000, and I don’t even know that I could get them to that number. I called my clients and congratulated them, and by 10:15pm, we had a completed Agreement of Purchase & Sale. They were lovely.

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Purchase and sale agreement Agents Pre-approval Closing 116

Redfin

JULY 10, 2023

If you’re looking to buy a home in Austin , the current median sale price for a home is $468,000 as of July. As interest rates have increased, investors and those without a real need to buy a home have left the housing market, easing the competition for other homebuyers.

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New Construction Equity Purchase and sale agreement Closing costs 59

HomeLight

AUGUST 12, 2022

On the flip side, some buyers in today’s seller’s market are trying so hard to compete that they submit an as-is offer indicating their willingness to purchase the property without expecting the seller to make changes. HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition.

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As-is Purchase and sale agreement Inspection Investor 111

HomeLight

OCTOBER 20, 2022

End-of-year listings have historically garnered the highest sales prices in the Austin market. An experienced real estate agent can assist you with preparing your home for sale as well as provide expert guidance on the best time to list your home on the market. Prepping your home for sale. Pricing to sell for the most money.

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Seller concession Purchase and sale agreement Inspection Closing costs 110

HomeLight

NOVEMBER 7, 2022

Whether or not you’ll want to push back or negotiate with the buyer will depend on hyperlocal, recent sales trends, so consult your Realtor® to discern promising offers and know what latitude market conditions may or may not allow. The cost to sell a house in Texas generally averages about 7% to 8% of the final sale price.

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Seller concession Purchase and sale agreement Inspection Closing costs 104

HomeLight

OCTOBER 27, 2021

A foreclosure goes to the courthouse steps, and with such constraint on inventory, it’s going to be very competitive, with well-seasoned investors that have a lot of cash to buy foreclosures ,” he says. 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.).

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Purchase and sale agreement Homeowner’s association Inspection Title 110

HomeLight

DECEMBER 7, 2021

Source: (LinkedIn Sales Solutions / Unsplash). Usually, it’s the buyer, but the seller may schedule a pre-inspection before listing the home. The buyer’s agent will help the buyer understand the inspection report and decide whether to buy the house, ask for repairs, or cancel the purchase contract based on the inspection findings.

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Inspection Purchase and sale agreement Pre-approval Closing 105

Toronto Realty Blog

DECEMBER 16, 2024

– #5: The Death Of Pre-Construction Condos There are only two times that you’re allowed to celebrate death: 1) When famed WWF wrestler, The Undertaker , falls into a casket and you know that he’s playing possum and will return shortly. Or last Thursday’s. Hope you enjoy! The timing could not have been more awkward.

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Pre-approval Purchase and sale agreement Construction Investor 97

Toronto Realty Blog

SEPTEMBER 23, 2022

Condominium cancellations were rampant in the pre-construction industry and people were starting to get pissed. I am concerned about the people who had purchased a condo here in Vaughan where they could grow and build their lives in our community. When we left off on Wednesday, I think we were somewhere around 2018.

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Construction Purchase and sale agreement Industrial Development 59

Toronto Realty Blog

DECEMBER 14, 2022

Tomlinson exposed multiple instances of bad practices in the Vancouver real estate market, including the now-infamous “assignment” of existing agreements, in this column: “The Real Estate Technique Fuelling Vancouver’s Housing Market”. Not as an investor, or a capitalist, or a home-owner. That was a year in which Ms.

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Development As-is Purchase and sale agreement Marketing 105

HomeLight

JUNE 8, 2023

Investors who want to keep trading up would likely pick the second route, and use a 1031 Exchange tax deference vehicle to do it. Hire an investor-friendly real estate agent who can help you get access to off-market properties at a discount and assess potential rental income based on market trends. Which would you choose?

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Purchase and sale agreement Title Investor Pre-approval 98

The Close

DECEMBER 29, 2022

This tool, also known as a like-kind exchange, allows investors to defer paying capital gains taxes on a sale. If you want to work with real estate investor clients, read our own Sean Moudry’s simple, yet thorough run down: “ How to Explain 1031 Exchange Rules to Your Clients.” Active contingent. Balloon mortgage.

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Purchase and sale agreement Title Pre-approval Proof of funds 98

Toronto Realty Blog

SEPTEMBER 22, 2022

The doors opened and it was a mad rush of “investors,” and soon there were people signing “work sheets” and writing out personal cheques. The 1:00pm appointment slot was looming and people were already lined up outside, so the fake-sale stickers were taken down so those buyers could see what was really available.

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Industrial Pre-approval Purchase and sale agreement Development 116