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What’s a Rent Back Deal? (And Two Other Reasons A Seller May Still Be in the House After Closing)

HomeLight

We’ve got solutions and options for the specific scenario you face, whether it’s: You need to negotiate a rent-back. Scenario 1: The seller asks for a rent-back in the contract. There are a number of reasons why a seller could request a rent-back deal. The rent back isn’t a handshake deal.

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These iBuyers are coming to a market near you

Housing Wire

“We let homeowners choose their closing date and stay in the home after the closing through a rent back, so that they only have to move once.” . “Moving is stressful enough, without having to worry about your home selling before you’ve found a home to buy,” said John Monen, RedfinNow regional manager.

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The share of owner-occupants buying foreclosures has doubled — here’s why

Housing Wire

“One could envision a first-look REO auction for properties that do not sell at foreclosure auction,” wrote Goodman and her colleagues in the report, which also recommended expanding the first-look to “mission-driven nonprofits and mom-and-pop investors who agree to provide high-quality affordable housing for low- and moderate-income families.”

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Millions Are House-Rich but Cash-Poor. Wall Street Landlords Are Ready.

Realtor.com

It is a potential bonanza for rental-home investors. And then there are investors, a mix of individuals and investment firms that have been buying more than one in every 10 homes sold in the U.S. The most house-hungry of these investors are the rental companies formed a decade ago to gobble up foreclosed homes by the thousands.

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I Have to Make an Offer Contingent Upon Selling My House. How Do I Sweeten the Deal?

HomeLight

Another option is to turn to the investor market. Can you sell to an investor or another buyer that can close a deal quickly? Your agent might have sources they can call upon if they also work with investors (or know agents who do), but be aware that most investors prefer to buy at a discount to protect their cash flow.

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Ways Home Buyers Can Get Their Offer Selected

Hank Miller Team

Home buyers are rushing to buy ahead of additional rate and/or rent increases, some will be trapped on the hamster wheel of renting. Add to the mix Wall Street and corporate investors circling like apex predators. A rent back? How do home buyers get their offer selected? Is it price? Contingencies? Closing date?

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Sell Your House for Cash: For Some, the Convenience Can’t Be Beat

HomeLight

It wasn’t long ago that the decision to sell your house for cash was associated with a neglected or foreclosed property whose value had plummeted, as an investor swooped in to snatch it up for a bargain. Buy-and-hold investors. Who’s paying cash for houses? Here are some of the most common sources of cash offers in 2022.