HomeLight

APRIL 29, 2021

Buyers may also throw in deal sweeteners such as a seller rent back , which allows you to stay in the home (renting from the buyer for a period of time) after closing. A flood of homes for sale gives homebuyers more options to choose from. You may receive multiple competing offers.

Marketing 109

Marketing Sales Agents Construction 109

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 84

Purchase and sale agreement Short sale Rent back Sales 84

HomeLight

AUGUST 26, 2021

It’s a foreclosure or short sale. If it’s a foreclosure or a short sale, the bank is involved — it’s just going to take longer! Sometimes it’s a later close date, or a rent-back period. Their agent can set up a time to lay them out side by side and talk the seller through each offer.

Short sale 104

Short sale Banks Agents Rent back 104

HomeLight

NOVEMBER 10, 2021

They’ll know whether offering a rent-back period could sweeten the deal, or if it’s more common to pay seller closing costs. A good agent will reach out to the seller’s agent and ask about non-financial perks, such as a flexible closing timeline or rent-back period, that could seal the deal. When it’s a bad idea.

Inspection 85

Inspection Title Pre-approval Agents 85

HomeLight

APRIL 21, 2022

One solution might be a rent-back that would financially compensate a patient buyer if the seller needs more time to transition after the sale. You’re behind on mortgage payments or facing foreclosure or a short sale. Does the offer meet your primary selling objective? An identical home to yours just sold for less.

Inspection contingency 105

Inspection contingency Home sale contingency Pre-approval Agents 105

HomeLight

JANUARY 4, 2022

Seventy percent of the sales I do have a long rent-back; the sale closes and a seller has up to 60 days, which is what conventional lenders are allowing people to do,” says Jordan Matin , a top real estate agent in Portland. “So So once a seller has an offer on their place, they can write an offer on a new house.

Investor 98

Investor Finance Inspection Sales 98

HomeLight

DECEMBER 15, 2022

Pre-foreclosure or short sale transactions. Someone facing a foreclosure or who has negotiated a short sale with their lender could have a very negative reaction. Lanham mentioned a rent-back period, or a quick close. Again, emotions may be high. Consider the seller’s closing needs.

Inspection 87

Inspection Closing Rent back Agents 87