Remove MLS Remove Pre-approval Remove Staging Remove Title search
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What Does Contingent Mean in Real Estate Sales

Realty Biz

Even if the buyer has pre-approval for a mortgage, things can still go wrong when they apply for the loan. Perhaps, they have taken out a fresh loan, or their situation has changed in some other way since pre-approval. One of the standard contingencies in nearly all real estate contracts is delivering a clear title.

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What Is an REO Property, and How to Buy One?

Point2Homes

Before a property becomes an REO, it goes through several stages: Payment default: the owner of the property fails to make a payment on their mortgage loan. 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.

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How Fast Can I Sell My House? It Can Take 75 Days or 12

HomeLight

The Simple Sale process frees you of the hassle of staging your home and jumping through hoops for the buyer’s lender. Because only 6% of FSBO sellers list their homes on the MLS, it’s impossible to calculate the average DOM before FSBO sellers enter into an agreement. A title search can take up to 14 days.

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Don’t Wait—Automate!

The Residential Specialist

“For example, if we have a price reduction, there’s a price reduction checklist that reminds us of everything we have to do, from alerting people who have seen the property to changing brochures and updating the MLS.”. REALTORS® can also use automation to help improve customer service.

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iBuyer vs. Real Estate Agent: How Do the Experiences Compare?

HomeLight

An agent assists in preparing a home to look its best through careful staging reminiscent of an eye-catching department store window display. However, there still are some contingencies to clear before they can close, such as the home inspection , the home appraisal , and the buyer’s lender approving their mortgage. Home preparations.

Agents 94
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What’s Required to Sell a House Without a Realtor?

HomeLight

Many FSBO sellers will purchase a pre-listing appraisal. The buyer’s lender will probably require their own appraisal as part of their loan approval process. Preliminary title report. Pre-inspection. A HomeLight survey of top agents revealed that 67% report that staged homes sell for 1% to 10% more. Photograph it.

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This Checklist and Timeline Is Your GPS for Buying a House

HomeLight

The planning stage (1 to 3 years before purchase). It takes a lot of planning and preparation, possibly even some soul-searching, to decide what’s the right move in your situation. Pre-qualification is just an estimate of what size loan you might qualify for. The shopping stage (1 to 6 months before purchase).