BubbleInfo

MAY 31, 2025

For every dollar spent we got back more than $2 back in the selling price. Donna and Jim are extremely detailed and guide you through ever aspect of the sale. Jim and Donna demonstrated exceptional professionalism, offering expert guidance on market conditions and pricing strategy, which resulted in a quick and successful sale.

Marketing

BubbleInfo

JUNE 3, 2025

For every dollar spent we got back more than $2 back in the selling price. Donna and Jim are extremely detailed and guide you through ever aspect of the sale. Jim and Donna demonstrated exceptional professionalism, offering expert guidance on market conditions and pricing strategy, which resulted in a quick and successful sale.

Marketing

Housing Wire

AUGUST 2, 2024

Auction.com , the nation’s largest online platform for distressed real estate sales, recently reported that demand for homes sold at auction began to decline late in the second quarter of 2024 even as the available supply of foreclosed homes also contracted. the share of properties that sold) dropped 4% in June.

Rent back

Housing Wire

OCTOBER 27, 2020

They mean a longer sales process, potential repair costs, and maybe even a lost deal altogether. They might ask to rent back their home for a certain amount of time, hold off the deal until they find a new home, or ask you to assume a solar panel lease or loan, if there’s one in place. Sellers can have contingencies, too.

Marketing

Housing Wire

MARCH 19, 2021

. “We let homeowners choose their closing date and stay in the home after the closing through a rent back, so that they only have to move once.” “We’re the only nationwide brokerage in the [Baltimore and Washington D.C.

Marketing

HomeLight

MAY 5, 2022

We’ve got solutions and options for the specific scenario you face, whether it’s: You need to negotiate a rent-back. Scenario 1: The seller asks for a rent-back in the contract. There are a number of reasons why a seller could request a rent-back deal. Martin has done three rent-back deals in the past year.

Rent back

Keeping Current Matters

JUNE 21, 2021

According to the Realtors Confidence Index from the National Association of Realtors (NAR), the average home is on the market for just 17 days – that means from start to finish, a house for sale in today’s climate is active for roughly 2.5 A skilled agent will do everything they can to help you stay on top of every possible opportunity.

Inspection contingency

Housing Wire

AUGUST 10, 2023

The number of first-look auction sales nearly doubled in the fourth quarter compared to the third quarter and has increased in every successive quarter since, representing 11.5% I rented back to the previous owner, and they are still the tenant. of all properties available for the first-look auctions during the quarter.

Renovation

HomeLight

MARCH 20, 2023

That means a large majority of homebuyers must consider the sale of their current home prior to buying a new one. Most often, this type of scenario calls for a home sale contingency. Find a Buyer's Agent What is a home sale contingency? Thus, the purchase agreement is “contingent” on the sale of the buyer’s existing home.

Home sale contingency

HomeLight

MARCH 31, 2022

But one of the most influential bargaining tools is eliminating contingency clauses, especially the seller contingency clause, also known as the home sale contingency. ” “The home sale contingency adds another layer that a seller would have to take into consideration when evaluating an offer. Source: (Masjid MABA / Unsplash).

Home sale contingency

Realty Biz

MAY 1, 2022

To make an informed decision, it’s important to understand the following: 1) What is the inventory of houses for sale? With bidding wars, it increases the odds the bank appraisal will come in less than the sales price. Let The Seller Rent Back The House. 2) How low is the demand for houses? Final Thoughts.

Purchase and sale agreement

Realty Biz

MAY 16, 2021

With existing home inventories super tight and competition among buyers for the few homes that are listed for sale, many have struggled to buy a new home before they leave the one they’re selling. I’d say a third of the current contracts being written have a rent-back of some length, and it’s usually free to the seller,” Marks said. “If

Purchase and sale agreement

HomeLight

JUNE 30, 2021

This is why many buyers make offers on their new home that include a sales contingency. With a sales contingency in your offer, you won’t have to close on your new home unless you’ve sold your old home. But a sales contingency could also make it harder to get an offer accepted. Source: (LinkedIn Sales Solutions / Unsplash).

Rent back

HomeLight

MARCH 2, 2023

Closing costs in California average about 1% of the home’s sale price , and there are other pre-paid costs you might have as well. Do they need to do a rent-back on the house, or do they want a quick close? Whether or not you get your earnest deposit money back if you decide to back out of the sale depends on the contract.

Closing

HomeLight

APRIL 22, 2024

This means you might receive less money than you could through a traditional home sale. We’ll also highlight some reputable local companies and discuss alternative methods for a fast home sale. Close the sale: At the closing, you’ll sign some paperwork and receive the cash for your home via wire transfer.

Rent back

Realtor.com

OCTOBER 29, 2020

If something is wrong, you can request that it be fixed—or you can back out of the sale. Financing contingency: This contingency gives you the right to back out of the deal if your mortgage approval falls through. Most sales contracts allow buyers to do a walk-through of the home within 24 hours before closing.

Closing

Realtor.com

DECEMBER 10, 2020

But it’s not the only negotiable part of the sale—there are plenty of other ways to haggle aside from list price. “In In this market, trying to negotiate a sales price probably won’t get you far.”. If your inspection reveals any issues, you can ask the sellers to make repairs as a condition of the sale. Closing costs.

Closing costs

First Team Real Estate

MAY 21, 2021

According to recent data from NAR , home sales are receiving an average of 4 offers, and our FirstTeam agents regularly see bidding wars that capture upwards of 20 offers! Offer to Rent Back to the Sellers. With so much competition for limited inventory amid a national housing crisis , you need a seriously smart strategy.

Purchase and sale agreement

First Team Real Estate

MAY 25, 2021

Looking at sales and prices for April 2021, both rose in all counties across Southern California: Los Angeles County. Sales: Up 101%. Sales: Up 97.9%. Sales Up 80.8%. Sales: Up 66.9%. Sales: Up 74.1%. Median Price: Up 19% to $750,000. Orange County. Median Price: Up 15.6% to $872,500. Riverside County.

Rent back

HomeLight

FEBRUARY 28, 2022

“The logistics include timing the purchase and the sale, negotiating with both sides on moving or possession dates, and organizing belongings to get ready for the move,” said Mike Qui, owner of Good as Sold Home Buyers. Juggling the sale of one home and the purchase of another can be stressful even under the best of circumstances.

Equity

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

Realtor.com

JUNE 4, 2021

from a year earlier, and the number of homes for sale fell to record lows earlier this year. That scarcity has helped lift home prices to all-time highs and has started to slow down the pace of sales. Some sellers negotiate rent-back agreements, so they can stay in their home for a month or longer after selling while they house hunt.

Purchase and sale agreement

HomeLight

APRIL 17, 2024

Alternatively, HomeLight can provide an all-cash offer to purchase your home through our Simple Sale platform. But their differences could make a difference in the success — and profits — of your home sale depending on your selling and moving objectives. When you sell, they deduct the costs from your sale proceeds.

Seller concession

Realty Biz

MARCH 5, 2021

The supply of existing homes for sale is at a record low of just 1.9 In addition, sellers may try to negotiate a rent-back agreement with the buyer to give them more time to shop for a home. months, far below the six-month supply that experts consider to be a healthy balance between buyers and sellers.

Rent back

The Close

APRIL 28, 2022

Instead of offering $440,000 and waiting through the weekend, structure the offer so the sales price is $420,000, but if the seller accepts the offer within the next four hours, the sales price will be $440,000. Bidding wars are causing sales prices to rise far beyond what we as agents or appraisers can realistically justify.

Rent back

HomeLight

APRIL 29, 2021

The home sale process involves a long list of steps, and your execution of each impacts your final sale price. As with most things in life, preparation is the key to a successful home sale. With 24 years of experience under his belt, Thompson shared a few gems about navigating the home sale journey. Landscaping: 100 %.

Purchase and sale agreement

HomeLight

SEPTEMBER 23, 2021

The time of year and market conditions you list your home in can significantly impact your sale speed and price. Nationally, data points to November as the best month to sell if you’re looking to maximize your sales price, and July is the best month if you’re looking to sell fast. Source: (Icons8 Team / Unsplash).

Rent back

Marco Santarelli

MAY 4, 2023

In this article, we'll examine a report published by Realtor.com on why turnkey homes for sale are still in demand and explore the reasons why some homes sell quickly while others sit unsold. Why Turnkey Homes for Sale are Selling Fast in 2023? Strategy 5: Offer Compelling Terms Bidding wars aren't only won on price; terms also matter.

Sales

HomeLight

JULY 29, 2022

Our Home Value Estimator 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. Financing is simple: You can use the cash from your sale as a sizeable down payment. Transition via rent back. Get Estimate.

Debt-to-income ratio

Realtor.com

SEPTEMBER 18, 2020

Even if there isn’t a surge in repossessed homes to buy cheaply off the courthouse steps—which led to the emergence of Wall Street’s landlords during the foreclosure crisis a decade ago—there is likely to be a lot of forced sales and new renters. “A Beyond that, investment firms Blackstone Group Inc., Koch Industries Inc.,

Investor

RIS Media

APRIL 18, 2022

Look at recent sale prices, as well as neighborhood trends. Allowing the seller to rent back for a specified amount of time. There’s no guarantee that the property you like will be available when you’re ready to make an offer. All real estate is local, after all. Buyers are waiving a home inspection.

Pre-approval

RIS Media

JULY 8, 2021

For best results, host a training class or have a sales meeting discussion to review the following six buyer strategies designed to provide the highest value and achieve their buyer’s objectives for purchasing a home: Over-communicate how to compete as a buyer in today’s market. Be relentless and resourceful.

Marketing

HomeLight

APRIL 21, 2022

After listing your home for sale, you eagerly, nervously … anxiously await the news that someone wants to buy it. Cash vs. financing : Cash offers usually result in a faster sale than mortgage-backed offers; if speed is an important aspect of the sale, this could make a significant difference. Eventually, the call comes.

Inspection contingency

HomeLight

AUGUST 16, 2022

The National Association of Realtors® (NAR) reported in late July 2022 that “the housing market continues to show signs of cooling,” citing a consistent drop in home sales over the past five months. They have also shared that “home buying is now about 80% more expensive” as of June 2022 versus June 2019, pre-pandemic.

Mortgages

HomeLight

APRIL 27, 2022

You’ll get the estimated value of your home, the relevant parts of a comparative market analysis, a list of top local real estate agents, and an estimate on a cash offer through HomeLight’s Simple Sale platform. The best way to ensure that you’re setting the best price for your house sale is to work with a top agent.

Renovation

HomeLight

JANUARY 7, 2022

So, instead of stressing your way through two sales, you can set yourself up for success and have your bags packed for your new home in no time. They’ll also introduce you to options, such as a bridge loan or home equity line of credit, to assist in your sale if needed. Do you have a limited amount of time to complete both sales?

Equity

HomeLight

AUGUST 17, 2022

Asking the other agent how many offers they have, if there’s anything that might help with the offer — such as a particular closing date or a rent-back situation — I think you have to be a very creative agent right now. Leanne Hester. Real Estate Agent. Leanne Hester. Real Estate Agent at Liz Moore and Associates LLC. The bottom line?

Mortgages