HomeLight

MARCH 13, 2023

A cash sale may provide the speed and efficiency you need. Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. Buyers were liquid with cash and there are a lot of sellers going that route rather than waiting on a traditional sale.

Sales 93

Sales Purchase and sale agreement Due diligence Inspection 93

Realty Biz

JANUARY 10, 2023

The seller does not have to make any repairs before the sale, but certain disclosures are still made to the buyer. After the company has acquired the house, it will repair, renovate, and resell it to another buyer at a higher price. Step Three: Preparing The House For Sale. Quick Sale. Use Traditional Marketing.

As-is 107

As-is Purchase and sale agreement Renovation Sales 107

Realty Biz

JANUARY 15, 2024

One popular option is a bridge loan, a short-term loan that allows you to finance the purchase of a new home while you wait for your existing home to sell. What Are Ways to Finance the Purchase? When financing the purchase of a new house while still owning your current one, a few options are available.

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Pre-approval Purchase and sale agreement Finance Equity 121

Realty Biz

DECEMBER 19, 2023

Factors driving cash home buying in Milwaukee include the rise of real estate investment companies, the desire for quick sales, and the appeal of renovation opportunities. Less room for negotiation: Cash buyers may not be as open to negotiation as traditional buyers since they're usually purchasing properties as-is.

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Purchase and sale agreement Finance Inspection Renovation 102

Realty Biz

JANUARY 10, 2024

We explore everything you should know for a first-time house sale by answering frequently asked questions. Finally, once you receive an offer, carefully negotiate the terms and conditions with the buyer before proceeding with the sale. Paying careful attention to these details leads to successful sales. Let's dig in.

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Purchase and sale agreement Seller disclosure Staging Title search 113

HomeLight

AUGUST 17, 2023

If you’re a homeowner in Memphis facing an urgent need for a quick home sale, you may have come across signs or ads for Tennessee-based “We Buy Houses” companies. A cash sale enables you to quickly receive proceeds from your home sale without having to invest time, expertise, or money into repairs and upgrades.

Purchase and sale agreement 89

Purchase and sale agreement Inspection Closing Renovation 89

HomeLight

JANUARY 12, 2022

You’ve accepted an offer on your house and both you and the buyer have signed the purchase contract. According to the loan software firm ICE Mortgage Technology, it took 50 days on average to close on a purchase loan for a house, as of Q3 2021. Signing the purchase agreement: 1-3 days. So if you list your home on Jan.

Closing 112

Closing Purchase and sale agreement Pre-approval Inspection 112

HomeLight

AUGUST 16, 2021

And if the house you’ve landed on is listed as a short sale, you could be in for a long ride. Though short sales aren’t as prevalent today as they were following the Great Recession , they’re not impossible to find, and good deals for buyers can still be had. What exactly is a short sale? It’s a long sale.

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Short sale Sales Purchase and sale agreement Banks 104

Realty Biz

DECEMBER 2, 2020

Real estate purchases and investments are major life accomplishments. Non-Disclosure Agreement (NDA) business concept. Non-Disclosure Agreement (NDA) business concept. Businessman draw scheme representing Nondisclosure Agreement. Property disclosure agreements protect homebuyers from these kinds of fraud.

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Purchase and sale agreement MLS Inspection Investor 82

Broke Agent Media

FEBRUARY 21, 2023

Know what your client has a right to expect of you. #5—Legal issues involving buyer or seller obligations Sellers are supposed to be truthful in their answers to questions about the property—like the state of the plumbing, the condition of major appliances, and any renovation work that has increased or decreased their home’s value.

Purchase and sale agreement 98

Purchase and sale agreement Agents Inspection MLS 98

GeekEstate

OCTOBER 29, 2021

This market map real estate technology companies operating across every phase of the home purchase value chain. For instance, while Blend’s original product focused specifically on the mortgage point-of-sale, the company has since expanded to offer title services, home insurance and closings.

Technology 135

Technology Marketing Purchase and sale agreement Equity 135

Realty Biz

JULY 31, 2023

Preparing the property for sale involves cleaning, decluttering, and making it presentable. Some houses may require minor repairs and cosmetic updates, while others might need extensive renovations to make them marketable. Impacts Sale Price An unsound roof can devalue the entire property, affecting the sale price.

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Purchase and sale agreement Investor Renovation Sales 96

HomeLight

JANUARY 28, 2022

Commissions are typically calculated as a percentage of a property’s sale price, though some brokerages will charge a flat fee. of the home sale price, according to HomeLight’s real estate transaction data of thousands of home sales each year. The average real estate agent commission rate nationwide is 5.8% Average home price.

Agents 117

Agents Purchase and sale agreement Brokerage MLS 117

HomeLight

JANUARY 3, 2023

Year-over-year, monthly sales in the Phoenix metro area were down nearly 25%. Often, the decision to go for sale by owner (or, “FSBO”) is motivated by a desire to save on agent commissions. Once you’ve seen what’s required, you can roll up your sleeves and get started with your FSBO sale in Colorado.

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Purchase and sale agreement Inspection MLS Inspection contingency 101

Realty Biz

AUGUST 2, 2023

Additionally, understanding the closing process and utilizing additional resources and tools can streamline the sale. Setting the Right Price for a Quick Sale When selling your home quickly, one of the most critical factors is setting the right price. Overcoming common challenges is also vital.

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Purchase and sale agreement Title Staging Inspection 98

HomeLight

JANUARY 10, 2023

With such impressive sales figures, some sellers may be curious about how to sell a house by owner in California — a decision that could help them save on agent commissions. Often, the decision to go for sale by owner (or, “FSBO”) is motivated by a desire to save on agent commissions. Fast Fasts for Selling a House in California.

Purchase and sale agreement 93

Purchase and sale agreement Natural hazards disclosure Inspection Title 93

HomeLight

APRIL 28, 2023

When the time comes to move, some tenacious homeowners in Texas are eager to take over the reins of their home sale and figure out how to sell a house by owner. Often, the decision to go for sale by owner (or “FSBO”) is motivated by a desire to save on agent commissions. That 6% is deducted from the seller’s proceeds at closing.

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Purchase and sale agreement Inspection Title Inspection contingency 79

RIS Media

OCTOBER 14, 2020

If you agree to a sale price that’s less than the appraised value, you’ll have to pay the difference out of pocket. If the purchase agreement contains an appraisal contingency, the seller may have to negotiate with you to get the sale price within a specific percentage of the appraised value.

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Purchase and sale agreement Closing costs Equity Renovation 98

Marco Santarelli

APRIL 15, 2023

When a buyer submits an offer to purchase a property, and the seller accepts that offer, the property is considered “under contract.” Some of these terms include: Active: When a property is marked as “active,” it means that the listing is currently available for sale and there is no accepted offer on it yet.

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Backup offer Purchase and sale agreement Inspection Finance 52

HomeLight

JULY 31, 2020

Real estate purchases made entirely with cash are rumored to create big benefits for homebuyers. With the help of Brad Graves , a top real estate agent in San Antonio, Texas , and some recent national home purchase data, we’ll examine the pros and cons of all-cash offers. Owning a home requires more money than just the purchase price.

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Purchase and sale agreement Inspection contingency Proof of funds Finance 98

HomeLight

JANUARY 25, 2021

According to a survey over 2,000 adults from real estate brokerage Coldwell Banker, 80% of Americans say they would prefer to buy a turkey home over one that requires renovations. A traditional sale might be what you had in mind when you originally bought your home. Is the property damaged or are you facing a personal emergency?

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Purchase and sale agreement Investor Inspection Due diligence 106

Realty Biz

APRIL 25, 2023

With a number of brokers and businesses battling for clients and seeking to close agreements, real estate is a cutthroat industry. You may make better-educated decisions that can result in higher sales and profitability by examining market trends, consumer behavior, and your own performance data.

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Purchase and sale agreement Technology Development Staging 112

HomeLight

MARCH 31, 2022

Early 2022 data from Florida Realtors® indicates a 23% increase in median sales price and a 33.3% With such impressive sales figures, some Florida sellers may be curious about how to sell a house by owner in Florida — a decision that could help them save on agent commissions. Average home sale price in Florida: $530,419 (Jan 2022).

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Purchase and sale agreement Inspection Title MLS 93

HomeLight

MARCH 31, 2022

price increase , pushing median sale prices to upward of $350,000. With such impressive sales figures, some sellers may be curious about how to sell a house by owner in Arizona — a decision that could help them save on agent commissions. Median sales price: $449,900 (Feb. Median sales price: $449,900 (Feb. 2022 , a 28.5%

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Purchase and sale agreement Inspection MLS Inspection contingency 92

Windemere Selling

FEBRUARY 9, 2022

Before you find the right agent to sell your home , it’s important to understand how you can work together toward a successful sale. Prepare a list of all remodels and renovations you’ve completed on the home so your agent can understand how much you’ve invested in the property and the scope of work it took to get it in its current condition.

Agents 52

Agents Purchase and sale agreement Inspection Renovation 52

HomeLight

SEPTEMBER 30, 2021

Though homebuyers tend to begin their search online , 89% of them ultimately purchase their home through a Realtor®. Realtor® fees cover the cost of both buyer’s agents and listing agents for home purchases. These fees are a percentage of the home’s sale price, usually around 5%-6%. Updated September 30, 2021. How much are they?

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Purchase and sale agreement Agents Closing MLS 103

Realty Biz

SEPTEMBER 28, 2022

The appraiser will notice this form along with the purchase agreement. If a seller wants to sell their house for the top dollar, they may want to consider fixing their home before putting it on sale. What Kind Of Buyer Would Purchase A Home With A Leaky Roof As Is? They will make most of their own carpentry repairs.

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Purchase and sale agreement Inspection Investor Closing costs 92

Realtor.com

DECEMBER 27, 2022

HGTV On the latest “ Christina on the Coast ,” Christina Hall gives us a good look at her recently purchased forever home—or at least where she hopes to stay for quite some time. ” “It’s like one kid, fine,” Jessica says in agreement. Make the most of your renovation window. “Two kids was OK.

Design 59

Design Purchase and sale agreement Renovation As-is 59

HomeLight

AUGUST 4, 2022

You have options, such as a rent-back agreement, aka, a lease-back deal, that would allow you to stay in the home you just sold a bit longer to give you time to find a new place, to wait for the next home to be built , or to let your children finish the school year. What is a rent-back agreement?

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Rent back Purchase and sale agreement Closing Renovation 101

HomeLight

JUNE 21, 2022

But you’ll still have to get over the home inspection hurdle that could reveal issues requiring repairs or cause buyers to renegotiate a lower sales price or even walk away from the deal. It’s critical to know what home inspectors look for because serious problems could derail the sale altogether. What is a home inspection?

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Inspection Purchase and sale agreement Pre-approval Inspection contingency 120

HomeLight

JULY 23, 2021

The MLS is a real estate database of all the homes in your area that are currently for sale, pending sale, or have recently been sold, and so much more. A home will nearly always remain active on the MLS during this time because the seller hasn’t actually said “yes” to a sale yet. Source: (Andrey_Popov / ShutterStock).

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MLS Backup offer Agents Purchase and sale agreement 109

HomeLight

JULY 12, 2022

If you are thinking about selling your home, those low-hassle, convenient, fast-sale pitches may pique your interest. You may be curious about getting an online quote for the sale of your home. These buyers will provide an online quote to purchase your home—often sight-unseen. Like you, they thought there had to be a catch.

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Purchase and sale agreement Investor Equity Closing 85

Toronto Realty Blog

MAY 31, 2021

Did you buy a bottle of champagne for new owners and leave it with a hand-written note on the kitchen counter, after having the property professionally cleaned, despite that not being specified in the Agreement of Purchase & Sale? Your clients purchased a resale condo. That was it. Why say anything more?

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Closing Purchase and sale agreement Inspection Agents 86

Redfin

MAY 6, 2022

For most homeowners, a great deal of effort goes into choosing the right contractor for their home renovations. By the time you’ve decided on a contractor, finalized an agreement, and paid the deposit, the last thing you need is for it all to fall apart. . The best-case scenario is you won’t find yourself in this situation.

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Purchase and sale agreement Renovation Construction As-is 59

Zolo

AUGUST 13, 2020

Logically, then, wouldn’t it make sense to take out the mortgage on the rental property, use the rental income to pay down the mortgage and use the loan as a down payment (or a cash purchase) on your principal residence? Then use this money to purchase investments (such as rental properties, stocks, bonds, ETFs and mutual funds).

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Purchase and sale agreement Principal Mortgages Loans 82

Redfin

AUGUST 3, 2023

Despite this shifting demand, the median sale price has continued its steady ascent, increasing by 1.3% 2: Augusta, GA Median home price: $211,950 Augusta, GA homes for sale Augusta is perhaps best known for hosting the prestigious Masters Tournament, attracting golf enthusiasts worldwide. year-over-year. compared to the previous year.

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Purchase and sale agreement Pre-approval Debt-to-income ratio Loans 51

HomeLight

APRIL 11, 2023

Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. They usually present a take-it-or-leave-it sale price. If you accept the offer, you’ll both sign a sales contract. With a signed sales agreement, the closing process will begin.

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Purchase and sale agreement Closing costs Closing Sales 88