The Close

FEBRUARY 19, 2025

Whether youre a new or experienced real estate investor, you may have asked, What is a real estate short sale? The simple answer is that a short sale is when a homeowner owes more for their home than its current market value and puts it up for sale. What Happens in a Real Estate Short Sale?

Short sale

Realty Biz

JULY 19, 2022

This article might be premature because across most of the country home sales continue happening rapidly. Many of these will be new investors that don’t have experience with the pre-foreclosures, short sales, and foreclosures, that occurred during the Great Recession. properties with a foreclosure filing. This becomes REO.

Purchase and sale agreement

HomeLight

DECEMBER 30, 2021

When you make an offer to buy a house, you’ll sign and initial contracts for each offer, and when one is accepted, it’s now officially a purchase agreement , which becomes a legal document. Matt Laricy is a top agent in Chicago , completing 41% more sales than the average agent in his area. Transactions. Average Price Point.

Purchase and sale agreement

HomeLight

OCTOBER 1, 2020

If the appraiser only looked at sold listings while there are pending sales that might be more comparable to your would-be property, that’s something else that can affect a home’s appraised value. Short sales in the neighborhood . In some cases, short sales may be to blame for a low appraisal.

Purchase and sale agreement

HomeLight

NOVEMBER 1, 2021

If you’re selling your home in a hot market rampant with bidding wars that drive up the purchase offers on home sales, you may realize that your home is unlikely to appraise for the inflated purchase offer or even for your asking price. Short sales or foreclosures in your area have driven home prices artificially low.

Purchase and sale agreement

HomeLight

MAY 24, 2022

If you only pay cash for the down payment, and take out a mortgage for the remainder of the purchase price, it keeps more money in your pocket. A cash sale: Start to finish. With a cash sale, you can skip a few steps in the typical closing process. Earnest money could be a flat amount or a percentage of the total sale price.

Purchase and sale agreement

HomeLight

DECEMBER 23, 2021

However, if your property is occupied, you need to be aware of a tenant’s rights when a house is for sale as they pertain to your area, as well as the specific terms of your lease agreement. How does the eviction moratorium affect a possible sale? Consider drafting a repayment agreement with your tenant.

Purchase and sale agreement

HomeLight

JULY 31, 2022

Here are some options for pulling a successful sale, regardless of where you stand on your mortgage. This minimum equity ensures that you’ll have the funds for necessary home sale expenses (such as staging , repairs , and closing costs ), plus some leftover profit to put towards your next down payment or security deposit.

VA loan

HomeLight

SEPTEMBER 1, 2022

Once you have the purchase agreement in hand, you might think there are no more obstacles in your way, but the home still has to appraise for the amount you agreed to pay for it. When you’re financing your home purchase with a mortgage, the lender wants to make sure the property you’re buying is worth what you’re paying for it.

Purchase and sale agreement

HomeLight

JANUARY 31, 2022

If you need assistance navigating the legalities of your sale, HomeLight always encourages you to reach out to your own advisor. works on many sales of rental properties. The most crucial factor is the type of rental agreement you entered into with your tenants. Options for handling tenants with a month-to-month agreement.

Purchase and sale agreement

Realty Biz

SEPTEMBER 23, 2023

Buyer agents can provide valuable support in various situations, such as buying a new home or purchasing a foreclosure. You may likely be asked to sign a buyer's agency agreement. Maximum Real Estate Exposure is an insightful resource for explaining buyer agency agreements. What is a Buyer's Agent Agreement?

Purchase and sale agreement

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.

Purchase and sale agreement

HomeLight

JULY 27, 2021

Regardless of whether an individual’s professional designation is a licensed real estate agent or a Realtor® (a Realtor® is a licensed agent who is a member of the National Association of Realtors ), most agents are paid through commissions, which are a percentage of a home’s sales price. Why the vagueness? Schedule showings.

Purchase and sale agreement

HomeLight

JANUARY 13, 2022

In May 2020, 76% of closed sales contained purchase contingencies, a survey from the National Association of Realtors® (NAR) found. Common contingencies include issues with appraisals, home inspections, or the buyer’s home sale. So he knows all the twists and turns that can occur between an accepted offer and a closed sale.

Backup offer

HomeLight

JANUARY 25, 2021

House flippers usually purchase houses for cash as-is, saving homeowners the expense of making repairs that lenders might require, along with the stress of showing and staging the home. 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?

Purchase and sale agreement

HomeLight

MAY 23, 2022

HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. Median sales price in Indiana. Indiana law requires sellers to disclose material facts about the property through the Seller’s Residential Real Estate Sales Disclosure. Sell 'As Is' With a Cash Offer. Request Cash Offer.

As-is

HomeLight

FEBRUARY 26, 2021

With tenant communications and handling repairs weighing on your to-do list, here’s what experienced rental property owners, landlords, and real estate agents say it will take to pull off a smooth rental property sale. When you go to sell a house you’ve used as your main residence, the upside you make from that sale is usually tax-free.

Purchase and sale agreement

HomeLight

JUNE 24, 2022

If you live in a community property state and your home, classified as community property , was acquired during the marriage, the proceeds from the sale are typically split strictly and equally 50-50. Maybe the husband quit paying the mortgage and they’re behind, so short sales are a possibility,” says Williams.

Purchase and sale agreement

HomeLight

MAY 23, 2022

HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. Median sales price in North Carolina. “As is” is a type of home sale where it’s understood that no improvements will be made to the property. Sell 'As Is' With a Cash Offer. Request Cash Offer. Disclosures.

As-is

CT Homes

MARCH 7, 2024

A mortgage is essentially a loan from a bank or financial institution that enables you to purchase a home. Higher equity means more profit from the sale that goes directly into your pocket, making understanding your home’s equity crucial when planning to sell. Understanding the Basics What Does It Mean to Have a Mortgage?

Purchase and sale agreement

HomeLight

JULY 6, 2023

Considering that 78% of recent buyers financed their home purchase, this contingency is fairly standard. Home sale contingency This contingency can arise when a buyer must sell their current home before buying yours. An offer has been accepted, and the sale is expected to close. What other MLS statuses do agents use?

MLS

HomeLight

APRIL 29, 2022

“Some people have a lot more time and energy to engage and make the best of the sale, and some people don’t,” says George Graham , a top real estate agent in the Seattle, Washington, area. An as-is home sale often indicates that the home has some “big-ticket items” that won’t pass the required inspection or appraisal, he adds.

As-is

The Close

AUGUST 6, 2024

As an agent and homeowner, I represented myself during the sale of my as-is property five years ago, and I’m going to help you be prepared to answer “How do I sell my house as-is?” The buyer ultimately assumes all risks and responsibilities for any issues that may arise post-purchase. ” for your clients.

As-is

The Close

AUGUST 18, 2022

I believe my Luxury Home Marketing Program can generate more exposure and more excitement for your home than any other agent could achieve for you, leading to a top-dollar sale of your home. No hard sales pitches. It may mean a major difference in the results you get! This could be you: Talk is cheap, I know. It can be pretty annoying.

Purchase and sale agreement

HomeLight

JANUARY 10, 2023

HomeLight’s Simple Sale platform provides all-cash offers for homes nationwide, including in Florida. Along with providing full cash offers to purchase homes in “as is” condition, Florida Cash Home Buyers also offers another sale option which they refer to as “Novation.”. Simple Sale. Website: [link].

Purchase and sale agreement

HomeLight

JANUARY 6, 2023

Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. We Buy Houses companies in Orlando 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.

Purchase and sale agreement

Realty Biz

AUGUST 9, 2023

Complex Transactions : If you're dealing with a particularly complicated property transaction, such as foreclosures, short sales, or if there are liens on the property, an attorney's expertise can be invaluable. Drafting and Reviewing Documents : Purchase agreements, deeds, and other real estate transaction documents can be complex.

Purchase and sale agreement

Marco Santarelli

SEPTEMBER 5, 2020

It could only pause sales, which in turn created a huge pent up demand. In July & August, the Phoenix was a hot seller’s real estate market, which means there were roughly more buyers than there were active homes for sale. In July, the median sales price — up 3.3% Now the market is facing a shortage of homes for sale.

Marketing

HomeLight

APRIL 29, 2021

Today’s multi-family market is bustling with activity , saturated with aspiring and accomplished investors looking to purchase properties just like yours. In most states, it’s perfectly legal to sell a property with tenants , and a seller can easily transfer lease agreements and security deposits to the new owner. Necessary repairs.

Investor

Realty Biz

APRIL 12, 2021

A real estate agent is a licensed professional who must pass an exam before selling or purchasing a home on behalf of a customer. Is your buyer’s broker agreement exclusive or non-exclusive, and what is included in it? How many foreclosure or short-sale sales have you completed at Reidsville, NC?

Purchase and sale agreement

HomeLight

JANUARY 19, 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.

Purchase and sale agreement

Marco Santarelli

AUGUST 27, 2020

According to the association of local realtors (LVR), July had the most amount of home sales since 2017 with more than 4,000 existing homes sold. In July, the median sales price of previously owned single-family homes, which comprises of the bulk of the Southern Nevada's housing market, increased to $330,000, a year-over-year increase of 8.9

Marketing

HomeLight

FEBRUARY 16, 2023

Maybe you’ve inherited property that’s not in the best shape, and a quick sale is the simplest way to settle the debts of an estate. Or perhaps other life circumstances such as an illness, divorce, or downsizing have left you in a bind, and a quick home sale would give you peace of mind, extra money, and a fresh start.

Purchase and sale agreement

HomeLight

DECEMBER 6, 2022

Perhaps you need a fast home sale to start a new job right away. 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.

Purchase and sale agreement

Marco Santarelli

AUGUST 16, 2024

Factor in all costs: The purchase price is just the tip of the iceberg. Get pre-approved for a mortgage: This strengthens your position as a serious buyer and streamlines the purchase process. Check Our Inventory of Turnkey Rental Properties For Sale 2.2. Shop around for competitive interest rates and loan terms.

Due diligence

HomeLight

AUGUST 10, 2022

HomeLight’s Simple Sale platform provides full cash offers for homes in almost any condition nationwide and in Atlanta. Simple Sale (a HomeLight platform). Simple Sale , a solution from HomeLight, is an online platform where sellers in Atlanta (and across the country) can request a cash offer for their home. Request Offer.

Purchase and sale agreement

Marco Santarelli

OCTOBER 23, 2023

If you manage to locate and contact the owner of an abandoned house, you may be able to negotiate a purchase agreement with them. Alternatively, you can look for other ways to find cheap properties in California, such as foreclosures, short sales, or auctions. How to find out who owns an abandoned house?

Purchase and sale agreement