Redfin

JULY 30, 2020

Almost half (45%) of people who bought a home in the past year made an offer on a property that they hadn’t seen in person, the highest share since at least 2015, according to a Redfin-commissioned survey in May and June of more than 1,400 people across 29 major markets. PT on a Wednesday, and went to bed soon after.

Inspection contingency 72

Inspection contingency Purchase and sale agreement Pre-approval Inspection 72

HomeLight

MAY 24, 2021

If you’re looking to buy in 2021, then you already know that the market is white-hot. That means it’s a prime seller’s market — and a potentially tough go for hopeful buyers. So how can you be prepared to pounce with the right offer over asking price when you see that dream home hit the market? Get preapproved for a mortgage.

Pre-qualification 106

Pre-qualification Pre-approval Purchase and sale agreement Loans 106

HomeLight

MAY 24, 2022

The recent real estate market has been head spinning, and perhaps the home that sold across the street for way over asking price has got you wondering — should I sell my house in 2022? Real estate market starts to cool off. Maybe you now work remotely so you’re thinking about moving to have enough space for a home office.

Pre-approval 98

Pre-approval Equity Agents Closing costs 98

Realtor.com

OCTOBER 29, 2020

Appraisal contingency: With this contingency, a third party hired by your mortgage lender evaluates the fair market value of the home. Financing contingency: This contingency gives you the right to back out of the deal if your mortgage approval falls through. Get final mortgage approval.

Closing 139

Closing Earnest money deposit Inspection contingency Purchase and sale agreement 139

HomeLight

NOVEMBER 10, 2021

A mortgage is a 15- to 30-year commitment, unless you sell or refinance. For example, a 1% difference in your mortgage rate could bump your monthly payment up around $100 a month, costing you $30,000 over the life of a 30-year mortgage. Step 4: Get preapproved for a mortgage. Step 3: Shop around for lenders.

Inspection 90

Inspection Title Pre-approval Agents 90

HomeLight

APRIL 21, 2022

To help you evaluate your first offer, we’ll walk you through key consideration points, how to weigh the strength of the offer, encourage you to assess your objectives, and how to factor in market conditions. You found your new home and want to avoid carrying two mortgages. Your house has been on the market three months or more.

Inspection contingency 107

Inspection contingency Home sale contingency Pre-approval Agents 107

HomeLight

FEBRUARY 25, 2022

For small markets: closed at least 50 transactions in the last 12 months. For large markets: closed at least 100 transactions in the last 12 months. Usually ranked in the Top 1% in sales in their local market. Must have an agent or broker’s license in good standing. Full-time agents, not hobbyists. Ideal Agent reviews.

Agents 89

Agents Pre-approval Loans Sales 89

HomeLight

MARCH 28, 2022

Home equity is a homeowner’s financial stake in their property that they own free of their mortgage loan obligation.). When you sell, you’ll need to ensure that the value of your home will cover your outstanding mortgage balance in addition to selling expenses amounting to around 6%-10%. How’s the real estate market?

Purchase and sale agreement 114

Purchase and sale agreement Equity Agents Staging 114

HomeLight

MARCH 2, 2023

Closing costs in California average about 1% of the home’s sale price , and there are other pre-paid costs you might have as well. Henderson says that while connecting with a reputable agent who knows the San Diego market is important, one thing potential buyers should be sure to do is to align themselves with a great lender.

Closing 95

Closing Earnest money deposit Sales Inspection 95