Lighter Side of Real Estate

SEPTEMBER 26, 2023

Fraudsters are pretending to own property and putting it up for sale. You’re more likely at risk when a property is not listed through real estate agents, and is being marketed for sale by the alleged owner online, but a scammer could possibly sneak past a listing agent’s scrutiny and get listed on the MLS.

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HomeLight

AUGUST 31, 2021

You’re reading through a new MLS listing, and you believe you found your ideal home. They’ll put the house up for auction either in a sheriff’s or public trustee sale (the name depends on what foreclosure process your state follows). Different types of foreclosure sales. Short sale. Pre-foreclosure.

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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. It’ll show you both the sales history of the house and the different prices it has sold for.

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HomeLight

FEBRUARY 27, 2021

of the final home sale price. While the seller is the one who technically pays commission fees, they don’t pay the commission until after they’ve received their home sale proceeds. Some listing agents (around 3% nationally) charge a flat-fee for their services instead of taking a commission based on the final sale price.

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HomeLight

JANUARY 3, 2022

Top iBuyer companies include Opendoor, Offerpad, Redfin Now, and HomeLight (we offer iBuying services through our Simple Sale platform). 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. All of this takes time.

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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. Yet, the addendum can also specify that the sale must be closed by a set date. If the sale is not closed by then, you can find yourself paying a fee.

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The Residential Specialist

JUNE 23, 2020

“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.”. Probably the biggest customer service opportunity, however, exists in the area of transaction management.

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HomeLight

NOVEMBER 1, 2021

If you’re selling your Kentucky home, you may be wondering how much you’ll make on the sale, what required costs will eat into your profit, and where you can cut costs. This means understanding which fees you’ll be responsible for when the sale closes. Percentage of sale or flat price. 150,000 sale). Closing cost.

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Closing costs Closing Purchase and sale agreement VA loan 69

HomeLight

DECEMBER 1, 2022

Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. We Buy Houses companies in Plano typically promise to give home sellers quick, convenient all-cash offers and exceptionally speedy closings, often wrapping up the property sale in as few as seven days. Phone: 844-488-8455.

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Purchase and sale agreement Closing costs Closing Investor 77

HomeLight

JULY 28, 2022

It needs repairs to make it viable for sale. HomeLight’s Simple Sale platform provides full cash offers for homes in almost any condition nationwide and in Minnesota. Home Guys will buy homes from people who are going through life-changing events such as a divorce, foreclosure, or in a situation that requires the sale of the house.

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Closing costs Purchase and sale agreement Closing Staging 72

HomeLight

OCTOBER 20, 2022

For Sale By Owner (FSBO). Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes. Original sales contract. Contact your lender to get this document to help calculate net proceeds from the sale of your home.

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Purchase and sale agreement Pre-approval Inspection MLS 102

Marco Santarelli

DECEMBER 20, 2020

Most newbie investors are perplexed with the question of how to find investment properties for sale? What is an investment property for sale? Let’s learn how to find investment properties for sale. How To Find Investment Properties For Sale: Search For Off-Market Deals.

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HomeLight

JANUARY 29, 2021

If you’re selling For Sale By Owner, you’ll save on the listing agent’s commission. Closing costs without a Realtor® typically average 1% to 7% of the final sale price. The listing agent and the buyer’s agent split the commission at the close of the sale. to 1% of the sale price in escrow fees.

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HomeLight

AUGUST 24, 2022

Looking to connect with a Florida cash home buyer for a quick sale in the Sunshine State? HomeLight’s Simple Sale platform provides all-cash offers, giving clients a fast, stress-free home selling experience without having to worry about additional repairs or prep work and with no additional fees, commissions, or upfront costs.

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Purchase and sale agreement Title search Proof of funds Title 105

HomeLight

SEPTEMBER 27, 2022

This article offers expert insight from Gina Candelario , a top agent who works with 78% more single-family homes than the average San Antonio, Texas, agent, and Brent Morgan , a Texas probate attorney, to set you on the path to a successful sale of your inherited house in Texas. Selling a Recently Inherited Home in Texas? Unpaid taxes?

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Purchase and sale agreement Title Agents Sales 77

HomeLight

NOVEMBER 21, 2022

When the time comes to move, some tenacious homeowners in South Carolina are eager to take over the reins of their home sale and figure out how to sell a house by owner. With millions of homes sold each year, a modest portion of sellers — about 7% in 2021 and 10% in 2022 — choose to list “For Sale By Owner” (or FSBO — pronounced fizz-bow).

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Purchase and sale agreement MLS Pre-approval Agents 76

HomeLight

MAY 28, 2021

You’re scrolling through your MLS listings , and there’s a shockingly affordable new property available. You’ll be on the hook for the entirety of those repairs, and you can’t expect any financial help from the seller if you pursue the sale. In some as-is home sales, you might see a “where-is” specification added in.

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HomeLight

JUNE 9, 2023

To save time, have your agent set you up with a feed of available homes on the MLS that meet your criteria. These funds are usually delivered via cashier’s check and will be held by a title or escrow company until the sale is final. If your offer is what the seller is looking for, it might be accepted right away.

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HomeLight

DECEMBER 7, 2021

Source: (LinkedIn Sales Solutions / Unsplash). The buyer may have added contingencies in the offer whereby if the inspection revealed flaws, the buyer can back out of the sale. Sale moves forward to appraisal and closing. Once the inspection period is finalized, the sale will move forward into the appraisal and closing stage.

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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. ” Your agent will consult the multiple listing service, or MLS, looking for homes that meet your criteria in your area.

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HomeLight

NOVEMBER 10, 2021

Your agent can set you up with MLS access, filtered for your criteria. Many automated valuation models lag actual sales data and could be outdated. 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. Step 6: Look at homes online.

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Redfin

AUGUST 3, 2022

It also strengthens your offer to the seller because a bank is already willing to lend you the money, improving the likelihood of closing the sale. 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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The Close

DECEMBER 29, 2022

This tool, also known as a like-kind exchange, allows investors to defer paying capital gains taxes on a sale. ” If a property is active contingent, a buyer has submitted an offer to purchase a property, but the sale won’t be finalized until certain conditions, or contingencies, are met. Clear title. ” A.

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Purchase and sale agreement Title Proof of funds Pre-approval 97