The Residential Specialist

JUNE 23, 2020

“There’s a lot of fear about industries fully automating and kicking workers to the curb, but real estate is one of those industries that needs a human-to-human connection,” says DelRose, director of marketing for The Mike DelRose Team, a RE/MAX Revolution office in Watertown, Massachusetts. Masterful marketing.

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Pre-approval Title search Technology Agents 98

Marco Santarelli

DECEMBER 20, 2020

How To Find Investment Properties For Sale: Search For Off-Market Deals. The best deals are those that haven’t hit the market yet. Once the property hits the MLS, you’re going to be in a bidding war with others considering buying the same property. When you search a site like realtor.com, you’ll be searching the MLS.

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Sales MLS Renovation Investor 80

HomeLight

NOVEMBER 21, 2022

In recent years, the hot South Carolina real estate market and a steep rise in equity added extra incentive to maximize profits. As the market shifts, you may have new concerns about how much you can get for your home and the amount of your net proceeds. less than agent-marketed sales. As you can see, FSBO is a mixed bag.

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Purchase and sale agreement MLS Pre-approval Agents 102

HomeLight

JANUARY 3, 2022

iBuyers generally offer much closer to market value for homes than house flippers. 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. But you aren’t likely to sell for 70 cents on the dollar.

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Agents Title Inspection Title search 105

Rochester Real Estate

NOVEMBER 5, 2015

You need to understand the ins and outs of the local property market. But studying the market is not enough. Then, you should engage the services of a real estate agent who is familiar with the local market and can help you find suitable properties. To be successful, you must also consider your financial position.

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Purchase and sale agreement Inspection Pre-approval Fixed-rate mortgage 52

HomeLight

JUNE 9, 2023

Step 2: Research the market The two biggest considerations for homebuyers are typically location and budget. As you zero in on areas with homes that meet most of the criteria on your list, take note of how much these homes recently sold for and how long they were on the market. Not sure you need an agent?

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Title Loans Title search Inspection 105

Point2Homes

JUNE 23, 2021

You will still need to check MLS listings, research the local market, consider your financing options, obtain an appraisal and inspection, make an offer , negotiate and close the deal. Ideally, you should hire a company to run a full title search before closing to avoid unpleasant surprises. Buying an REO Property.

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Pre-approval Banks Title search Inspection 71

HomeLight

NOVEMBER 1, 2021

The commission paid to the seller’s agent covers the cost for listing the home with the local Multiple Listing Services (MLS) and marketing the home. Remember that the commission paid to the seller’s agent covers listing and marketing fees. This is done with a title search, which costs approximately $550 in Kentucky.

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Closing costs Closing Purchase and sale agreement VA loan 98

HomeLight

DECEMBER 31, 2020

The first is the active period, when your home is listed as available for sale in your local MLS. Real estate agents keep an eye on sales pending properties because there are a number of ways that the deal could fall through and the house could come back on the market. The property appraisal. Line up backup offers to hedge your risk.

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Closing Backup offer Sales Inspection 105

The Close

FEBRUARY 19, 2025

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. Therefore, knowing market conditions and regulations surrounding short sales is essential for real estate investors and agents.

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Short sale Sales Due diligence Purchase and sale agreement 52

Marco Santarelli

AUGUST 16, 2024

It's crucial to align your expectations with market realities. Your definition of “cheap” should be anchored to your target market's median property values. They'll provide market insights, negotiate on your behalf, and navigate the complexities of real estate transactions.

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Due diligence Purchase and sale agreement Renovation Title search 52

HomeLight

AUGUST 16, 2021

Your agent can search the multiple listing service ( MLS ) for available short sales, and certainly you can do your own research online or by driving around neighborhoods of interest. Some people might say, ‘Oh, it’s going to take 60 days,’ but in our market, the reality, I would say, is more in the four-to-six-month range.

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Short sale Sales Purchase and sale agreement Banks 105

Toronto Realty Blog

APRIL 19, 2023

So unlike many buyers who have a real impetus for a move, such as being pregnant with twins and living in a one-bedroom condo, or wanting to get out of the rental market and into the housing market, Georgia and Zach don’t need to move. On paper and on MLS, it was perfect. In person, it was probably a B+.

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Agents Title search As-is Closing 98

HomeLight

JULY 28, 2022

Individual program details can also frequently change — please visit a company’s website for the most up-to-date- information on each program’s fees, market coverage, business model, and more. The company believes it can offer more value to its clients through in-house researchers, title workers, attorneys, and MLS.

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Closing costs Purchase and sale agreement Closing Staging 96

HomeLight

NOVEMBER 10, 2021

A local agent will know how to write a competitive offer and what sellers in the market prefer. Your agent can set you up with MLS access, filtered for your criteria. You’re getting a feel for the market, and that quick sale just told you it’s probably a good area. Step 12: Consider title insurance.

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Inspection Title Agents Pre-approval 98

HomeLight

DECEMBER 1, 2022

Individual program details can also frequently change — please visit a company’s website for the most up-to-date information on each program’s fees, market coverage, business model, and more. The timeframe may vary depending on the company and market. Each office is owned by a local market licensee, mostly real estate investors.

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Purchase and sale agreement Closing costs Closing Agents 97

Redfin

AUGUST 3, 2022

A real estate agent will be with you every step during the home buying process and will offer expert knowledge of the local housing market. Now that you’ve set your search criteria and started looking for a home, you’ll want to make a list of the “required” and “nice-to-have” home features before you begin your home tours.

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Purchase and sale agreement Pre-approval Title Debt-to-income ratio 76

Redfin

AUGUST 29, 2024

You want to look for a real estate agent that understands the local market and can advocate for you during the homebuying process. That way, you’ll be able to narrow down your search to the specific price range, style of home, location and neighborhood, and other amenities when searching for homes on the MLS.

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Earnest money deposit Purchase and sale agreement Pre-approval Debt-to-income ratio 63

HomeLight

AUGUST 31, 2021

You’re reading through a new MLS listing, and you believe you found your ideal home. The bank will then list the property on the market and try to sell the home in a similar fashion to your average property. Short sales can typically be found through the MLS database or your buyer’s agent. Pre-foreclosure.

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Pre-approval Short sale Banks Finance 111

HomeLight

FEBRUARY 27, 2021

Furthermore, flat-fee agents usually only provide limited services like setting up lockboxes for vacant home showings or simply listing your property on the MLS. Even if your flat-fee agent is a full-service agent, they’ll have a smaller budget to market your home. In the end, this can bring down your sale price significantly.

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Agents Purchase and sale agreement Staging MLS 98

HomeLight

MARCH 31, 2022

It’s for sale — and you just so happen to be in the market to buy. If you’re more interested in knowing what various prices a house has sold for over the years, then the multiple listing service (MLS) can help you with that. That’s why you need a detailed title search.”. Conduct a title search.

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Land Title Title search MLS 140

HomeLight

MAY 28, 2021

You’re scrolling through your MLS listings , and there’s a shockingly affordable new property available. When you see the term “sold as-is” on a listing or marketing material, that means the seller is telling you upfront they are selling the property in the exact condition you see it in. Conduct a title search.

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As-is Inspection Title search Inspection contingency 100

HomeLight

SEPTEMBER 27, 2022

He suggests calling a title company rather than an attorney to accomplish this. When they tried to put the home on the market, they weren’t able to use the tax records that were still in the uncle’s name since the uncle was unable to sign. This step is important. A home equity line of credit (HELOC)? A reverse mortgage ? Unpaid taxes?

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Purchase and sale agreement Title Agents Sales 103

HomeLight

MARCH 17, 2021

. “If you want to buy a house, you need to have money saved up,” says April Mason , an agent in Corpus Christi , Texas, who has completed 24% more sales than the average agent in her market. In a hot market, sellers are less likely to pay toward a buyer’s closing costs, she notes. Navigating open houses.

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Pre-approval Purchase and sale agreement Title Closing 98

HomeLight

DECEMBER 7, 2021

When the seller isn’t legally required to make repairs, the decision to do so often relates to the market. In a buyer’s market — or any time the seller is eager to sell — it’s more likely that the seller will agree to make at least some of the requested repairs. It’s all up to the buyer to perform due diligence. Structural issues.

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Inspection Purchase and sale agreement Pre-approval Closing 105

The Close

DECEMBER 29, 2022

Furthermore, in today’s market, understanding our complex mortgage industry could actually help you close more deals and maybe even save clients money. There is always a chance a sale might not go through, especially in today’s wild interest rate market. It’s often presented as a percentage of the fair market value. Assignment.

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