RIS Media

FEBRUARY 17, 2022

The report noted, “It’s time to stop questioning whether iBuying is good or bad and start asking if an instant offer is a good option for your next home sale.”. Buy before you sell, sale leaseback, and especially cash offer options for home buyers catapulted the growth of Power Buyers and their accessibility to consumers.

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Seller concession Loan contingency Mortgages Loans 88

RIS Media

FEBRUARY 28, 2022

Buy Before You Sell, Sale Leaseback and especially Cash Offer options for homebuyers catapulted the growth of Power Buyers and their accessibility to consumers. According to the report, consumers gained an advantage when working with a Power Buyer versus using a traditional mortgage with a loan contingency.

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Seller concession Loan contingency Mortgages Loans 79

HomeLight

AUGUST 31, 2021

Ever since the 2008-2009 recession, cash offers have become more prevalent, accounting for 33% of sales as of 2021 — that’s up from 20% in 2019. A cash offer simply means that a buyer already has the funds available to buy the house and can pay for it without securing a mortgage loan. Updated August 31, 2021.

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Redfin

SEPTEMBER 2, 2020

However, when it’s a seller’s market , with more homebuyers looking to buy than available houses listed for sale, this creates a perfect storm for multiple offers and a bidding war on a property. A cash offer eliminates the need for an appraisal and bank approval for a loan, contingencies most homebuyers are required to include in an offer.

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Pre-approval Loan contingency Agents Banks 78

HomeLight

JANUARY 13, 2022

These conditions are known as contingencies, which is where the term “active contingent” comes from. Many offers contain contingencies. In May 2020, 76% of closed sales contained purchase contingencies, a survey from the National Association of Realtors® (NAR) found. Common types of contingencies.

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HomeLight

AUGUST 23, 2022

Clients using HomeLight’s Simple Sale platform don’t have to worry about additional repairs, prepping their home for listing or showings. Clients maximize the value of their quick home sale with a competitive top market offer and no additional fees, commission or upfront costs. Average sales price in Ohio. Request Offer.

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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).

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Purchase and sale agreement MLS Inspection Agents 87

HomeLight

MARCH 23, 2022

But there’s a catch: Because you don’t typically have to provide any documentation, nothing is verified, and this loan amount isn’t guaranteed. Only include essential contingencies. Speaking of contingencies, Peterson says the fewer, the better. The sooner you do this, the better. It’s the best of all worlds!

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Pre-approval Marketing Inspection Finance 98