HomeLight

AUGUST 31, 2021

It’s customary for the builder to pay the agent’s fee (though this is changing in today’s market, we’ll discuss more on that below), so hiring pro help here is kind of a no-brainer. Are builders still willing to work with buyer’s agents in a hot seller’s market? Decoding the fine print of new-construction paperwork.

Agents 128

Agents New Construction Purchase and sale agreement Construction 128

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 also requires qualifying for a bank loan based on passing a set of rigid qualification standards. It means proving you are pre-qualified for a loan before you know what house you might buy.

Purchase and sale agreement 67

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

Redfin

MAY 24, 2022

Congratulations, you’re in the market to buy a house. Or, maybe you’re listing your home for sale in Anchorage, AK , you most likely want top dollar for your property. Before you contact the nearest agent from a Google search, know how to choose a top real estate agent before you sign an agreement.

Agents 74

Agents Pre-qualification Purchase and sale agreement Pre-approval 74

Redfin

AUGUST 29, 2024

You will also need to save money to put toward closing costs , about 2-5% of the purchase price. These loans are typically issued for more expensive homes and come with stricter qualification requirements. Get pre-approved As you’re researching how to buy a house, you will want to get a mortgage pre-approval.

Earnest money deposit 63

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

HomeLight

DECEMBER 6, 2022

When the time comes to move, some tenacious homeowners in New Jersey are eager to take over the reins of their home sale and figure out how to sell a house by owner. In recent years, the hot New Jersey real estate market and a steep rise in equity added extra incentive to maximize profits. Get Started.

Purchase and sale agreement 103

Purchase and sale agreement MLS Pre-approval Agents 103

HomeLight

AUGUST 16, 2021

Source: (LinkedIn Sales Solutions / Unsplash). Mark Moskowitz is a top-selling agent in the Agoura Hills area of Los Angeles, where he completes 17% more sales than the average agent. Further, he notes, would-be buyers using down payment assistance might find a challenging landscape in an uber-competitive market.

Loans 105

Loans VA loan FHA loan Purchase and sale agreement 105

Toronto Realty Blog

MARCH 25, 2022

The group also wants first-time homebuyers to have access to mortgage terms of up to 30 years for insured mortgages and recommended making mortgage qualification stress tests consistent for both insured and uninsured mortgages, setting the stress test level to two percentage points above the contract rate. “To March 24, 2022.

Purchase and sale agreement 104

Purchase and sale agreement Construction Pre-approval Development 104

The Close

AUGUST 15, 2023

And in this market, you may be looking to shift your lead generation strategy to account for all the folks choosing to hold off on listing their homes until interest rates cool or the market shifts. These services are going to be different from referral agreements you might make with other agents. Let’s dive in!

Closing 75

Closing Pre-qualification Agents As-is 75

Redfin

OCTOBER 23, 2023

As the real estate market in Oregon’s largest city continues to flourish, prospective homeowners need to understand the critical importance of home inspections in their buying journey. Roof leaks, mold, and wood rot are common issues, detectable in a pre-purchase inspection. Choose an experienced, meticulous inspector.”

Inspection 63

Inspection Pre-qualification Purchase and sale agreement Construction 63

HomeLight

DECEMBER 30, 2021

Taking on a mortgage is no casual agreement — which is why the loan qualification process is so stringent — but you’ll nearly always have options. Homeowners who sell their home while still holding a mortgage will pay it off with the proceeds of the sale — even if they end up taking on a new loan with the purchase of another property.

Mortgages 98

Mortgages Principal Loans Purchase and sale agreement 98

HomeLight

DECEMBER 6, 2021

Financing hoops: You may face additional scrutiny from the lender if your buyer will use a mortgage for their purchase. The following resources may also be of assistance in your family sale: Real estate agent: For a reduced commission rate, an experienced agent can help minimize challenges and coordinate the sale. Get Estimate.

Purchase and sale agreement 111

Purchase and sale agreement Marketing Equity Inspection 111

HomeLight

JUNE 28, 2021

Why do some offers have one price on the purchase agreement and another price on the escalation addendum? In competitive seller’s markets , some buyers will strengthen their offer with an escalation clause. But even in a strong seller’s market, mishandling offers with escalation clauses can backfire.

Earnest money deposit 98

Earnest money deposit Purchase and sale agreement Pre-approval Pre-qualification 98

HomeLight

AUGUST 16, 2021

Plus, if you do decide to take the leap, you’ll be ready to tackle your home purchase like a pro. Research your market. There’s much to learn about your local real estate market before diving into making offers. How quickly do homes move off the market? Buyers with strong credit and qualifications. Conventional.

Closing costs 105

Closing costs Purchase and sale agreement Inspection Loans 105

HomeLight

JULY 31, 2020

There’s a house for sale that you want to buy. For most buyers, financing a home through a bank or lender with a mortgage loan is necessary to purchase the property. Because the entire sale hinges on securing this loan, it is a top criteria for closing, and it’s also the most common reason for a delay in the closing process.

Closing 119

Closing Purchase and sale agreement Title search Earnest money deposit 119

HomeLight

MARCH 17, 2021

The planning stage (1 to 3 years before purchase). “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. Pre-qualification is just an estimate of what size loan you might qualify for.

Pre-approval 98

Pre-approval Purchase and sale agreement Title Closing 98

HomeLight

APRIL 29, 2022

To join, agents also have to meet certain qualifications, like maintaining active licenses and showing no civil judgments against them in the previous seven years. Deceptive marketing tactics. Listing agents are required to market homes accurately. What’s in the NAR Code of Ethics? What’s considered unethical in real estate?

Agents 105

Agents Purchase and sale agreement Pre-qualification Seller disclosure 105

Toronto Realty Blog

DECEMBER 14, 2022

But because our market is so dynamic, we often come up with stories that are one-off’s or unique. 3) Market Frustration. 1) The “Problem” In Our Housing Market. 3) Market Frustration. 1) The “Problem” In Our Housing Market. 4) Refusal To Accept Market Reality. 1) The Pandemic.

Development 105

Development As-is Purchase and sale agreement Marketing 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. This tool, also known as a like-kind exchange, allows investors to defer paying capital gains taxes on a sale. After all, great communication leads to closed deals. Active contingent.

Purchase and sale agreement 98

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