HomeLight

AUGUST 16, 2021

Between searching for, viewing, negotiating , inspecting, and possibly renegotiating on a home, the road to the closing table is rarely a short one. And if the house you’ve landed on is listed as a short sale, you could be in for a long ride. What exactly is a short sale? It’s a long sale.

Short sale 102

Short sale Sales Purchase and sale agreement Banks 102

Rent, Buy & Sell

JANUARY 20, 2023

Foreclosures and short sales may be enticing due to low offer prices, but they carry some risks and potentially higher costs. 3 The combination of reduced pricing and more foreclosures brings cheaper homes into the market. Be Wary of Foreclosures and Short Sales Foreclosures and short sales abound in poor economies.

Title search 59

Title search Short sale Title Fixed-rate mortgage 59

HomeLight

AUGUST 24, 2022

The destination’s great weather and tax-friendliness bring a steady stream of buyers to the market, and cash buyers help make sellers’ homes fly. This is another area where a top agent can help you tap into the out-of-state market. Going in, you should know that cash buyers tend to offer a lower price than buyers on the open market.

Purchase and sale agreement 102

Purchase and sale agreement Title search Proof of funds Title 102

HomeLight

AUGUST 31, 2021

The bank will then list the property on the market and try to sell the home in a similar fashion to your average property. Let’s take a look at the most common foreclosure sales and how they work. Short sale. A short sale isn’t necessarily a foreclosure sale, but it’s common to see a short sale done to avoid foreclosure.

Pre-approval 95

Pre-approval Short sale Banks Finance 95

HomeLight

JULY 31, 2021

They can purchase a property at a discount, providing value through a quick sale to the owner, and leverage their funds and expertise toward a profitable renovation. This gives us a good idea of the condition of the property, so we know where we can provide value in the sale. In need of renovations or updates. Good bones.

Earnest money deposit 98

Earnest money deposit Inspection Proof of funds Inspection contingency 98

Marco Santarelli

DECEMBER 20, 2020

In other cases, the investment property is the one in desperate need of repairs or renovations. Fix-and-rent is a hybrid of these two approaches, buying homes in need of repair, making the needed renovations and repairs, and then renting out your newly desirable rental property. Let’s learn how to find investment properties for sale.

Sales 65

Sales MLS Renovation Investor 65

HomeLight

AUGUST 16, 2021

You might even be able to find real estate sales photos from the last time the home was on the market, which can offer a valuable glimpse into the interior — just remember that there are no guarantees as to the current condition. Buy title insurance. You can also do a little digging to find out who previously owned the home.

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Title Due diligence Finance Inspection 106