HomeLight

JANUARY 29, 2021

But rather than draining their savings, most homeowners opt to finance their home home improvement with credit or a home renovation loan. If you’re considering taking out a home renovation loan to spruce up a powder room or gut the kitchen, we’ve got you covered. An overview of home renovation loan options.

Renovation 98

Renovation Loans Equity Construction 98

HomeLight

MARCH 11, 2025

Outdated features or lack of upgrades that buyers want can make your home less competitive, especially when compared to newer or renovated homes in the same area. A Top Agent Can Help You Prepare Your Home A top real estate agent can guide you in selecting the right upgrades and repairs so you can get the highest sale proceeds possible.

Equity 69

Equity Home sale contingency Agents Sales 69

The Close

NOVEMBER 25, 2024

Long-term investors: They purchase homes about to go into foreclosure, make the necessary repairs, stabilize the property, and then finish the renovations to make the property eligible for a long-term loan. But don’t worry; there are plenty of ways to hunt down these homes, whether you decide to work with a real estate agent or not.

Hard money loan 96

Hard money loan Investor Loans MLS 96

The Close

SEPTEMBER 26, 2024

How Agents and Investors Use Math in Real Estate Math is essential for agents working with clients, aspiring agents studying for their licensing exams, and investors aiming to make wise decisions. Gross Rent Multiplier In the real estate exam math portion, aspiring agents might need to calculate the gross rent multiplier.

Investor 75

Investor Agents Closing costs Renovation 75

The Close

AUGUST 6, 2024

As their agent, you must also know how to protect your clients through the as-is selling process and understand the nuances such as navigating inspections and disclosures. The buyer is expected to shoulder additional renovations and improvement expenses once they become the official homeowners. Expect lower offers.

As-is 98

As-is Agents Purchase and sale agreement Inspection 98

HomeLight

JULY 12, 2022

Besides your mortgage payoff, homeowners typically incur a number of costs in selling a home — whether they work with an agent or offer the property for sale by owner (FSBO). Real Estate Agent. Real Estate Agent at Compass. How much does it cost to sell a house? closing costs. moving costs.

Seller concession 111

Seller concession Closing costs Renovation Title search 111

The Close

DECEMBER 5, 2024

Flipping houses is a worthwhile investment in the long run, but it’s necessary to figure out how much it’ll cost to ensure you’re profiting from your efforts. The average cost of flipping a house varies depending on the property location, type, and degree of the required renovations. In addition, remember to apply the 70% rule.

House Flipping 98

House Flipping Renovation Closing costs Hard money loan 98

HomeLight

DECEMBER 30, 2020

No matter the reason, your desire to sell your home is about to boil over: You’re ready to reach out to a real estate agent. But don’t hit call yet — there are a few things to do before contacting a real estate agent. Not to mention invest time in researching real estate agents to ensure you find the best agent for the job.

Agents 105

Agents Equity Staging Renovation 105

The Close

MARCH 11, 2025

This process involves multiple stages, starting with identifying an FSBO listing to securing appropriate financing and completing the closing procedures. Weve identified six steps for how to find for sale by owner homes, along with the advantages and disadvantages of navigating the FSBO process without a real estate agent involved.

Sales 52

Sales Due diligence Investor Finance 52

HomeLight

JUNE 14, 2022

Let’s look at what you need to consider when determining the cost to sell a house in Seattle. Ann Nordling , a top real estate agent from Seattle who works with over 70% more single-family homes than the average area agent, notes the cost to sell a house in Seattle will vary on a case-by-case basis within a changing market.

Seller concession 119

Seller concession Closing costs Agents Closing 119

Real Trends

NOVEMBER 17, 2022

Smart real estate agents need to keep up with new trends and strategies , or they risk falling behind the market. This is affecting everyone from political pollsters who can’t get anyone to pick up and tell them who they’re voting for, to real estate agents who find that cold calling no longer generates any usable leads.

Marketing 126

Marketing Renovation Agents Closing costs 126

RIS Media

OCTOBER 29, 2020

Closing Costs. Many of these will need to be paid at closing. Sometimes sellers are willing to help with closing costs to make things easier for the buyer. The costs don’t end once you’ve bought the home; you still need to pay to move in. There are many fees to pay when buying a home.

Pre-approval 140

Pre-approval FHA loan Inspection Closing costs 140

HomeLight

SEPTEMBER 30, 2020

Melanie Hunt , a top-selling real estate agent who has sold 74% more single-family homes than the average Fort Worth, Texas , agent, says: “It’s going to take longer than you think to get approved.” Closing costs. The last and most costly hurdle you will need to clear is paying the closing costs.

Short sale 138

Short sale Loans Sales FHA loan 138

HomeLight

MARCH 11, 2022

What about closing costs? But as Kevin Vitali , who has 14 years of experience selling Massachusetts real estate, explained, “Many first-time buyers don’t account for their closing costs.”. It’s important to remember closing costs when you purchase your first home. and 4% of your total loan amount.

Closing costs 111

Closing costs Debt-to-income ratio Fixed-rate mortgage Loans 111

HomeLight

SEPTEMBER 27, 2022

Nevertheless, Gina Candelario , a top agent who works with 78% more single-family homes than the average San Antonio, Texas, agent, says sales are good and it’s still a seller’s market. To illustrate, if you sold your Texas Craftsman home for $325,000, the seller’s costs could range from $22,750 to $26,000.

Seller concession 98

Seller concession Closing costs Homeowner’s association Title 98

HomeLight

JUNE 16, 2022

It’s usually easier to sell a home when you partner with a reliable agent. A top real estate agent from California, Robert Lopez, who’s an agent with Team Z , explains the value a real estate agent brings to your home sale, “Your agent takes on photography and marketing. Closing costs.

Seller concession 109

Seller concession Closing costs Inspection Agents 109

HomeLight

JUNE 16, 2022

A top real estate agent from Massachusetts with nearly 30 years of experience, Laurie Cappuccio , explains the market, “We see a little bit of a slow down with increasing interest rates, but I have a listing now, and I’m getting multiple offers. Real Estate Agent. Real Estate Agent at Classified Realty Group, Llc.

Seller concession 110

Seller concession Closing costs Inspection Closing 110

HomeLight

MARCH 2, 2023

With the listing agent right there, it’s a perfect chance to ask questions about the finer details of the home’s history. Speaking of questions you didn’t think to ask, that’s exactly what we talked about with Sheila Smith , a real estate agent in Idaho with 17 years of experience. Eventually, you just gotta take a look! Is it vacant?

Renovation 119

Renovation Agents Closing As-is 119

HomeLight

DECEMBER 2, 2021

We detail what costs you’re likely to incur and what sellers pay on average. Kentucky-based Dianna Caldwell , a seasoned agent with 16 years of industry experience under her belt, gave us a rundown of seller costs and what homeowners should budget before they sit down to the closing table. Real estate agent commission.

Seller concession 122

Seller concession Staging Inspection Renovation 122

HomeLight

JUNE 14, 2022

Real Estate Agent. Real Estate Agent at Compass. Santiago Valdez is a HomeLight Elite Agent who sells homes more than 56% quicker than the average Chicago agent. The total cost to sell a house in Chicago depends on your specific situation. Closing costs. Buyer’s agent fee $10,950 (3%).

Seller concession 110

Seller concession Purchase and sale agreement Closing costs Title 110

HomeLight

JANUARY 22, 2022

That’s good timing,” shares Carmen Gonzalez , a top real estate agent in Orlando, Florida, who sells 76% more single-family homes than the average agent. On the flip side, a homeowner who feels overwhelmed about getting their house ready may need to contact an agent several months before they plan to list. Meet My Agent.

Staging 111

Staging Agents Renovation Sales 111

The Close

JULY 18, 2024

It can be done by anyone who can purchase a property, allowing investors to build equity immediately after renovating or repairing it by doing a cash-out refinance. For example, if you’re looking at a $400,000 investment property that requires $80,000 of repairs and renovations, you shouldn’t spend more than $200,000 on it.

Hard money loan 98

Hard money loan Renovation Equity Finance 98

Realty Biz

JULY 31, 2023

Cash for the down payment, cash for closing costs, cash for repairs, cash for operating reserves. That can offer another route to coming up with less cash at closing, albeit one that you pay for later. Thus, you can end up with $0 of your own cash tied up in the property after renovating it.

Seller concession 82

Seller concession Renovation Closing costs Equity 82

HomeLight

OCTOBER 20, 2022

Together with local expert and HomeLight network real estate agent Hillary Smith , we’ll look at some of the quirks of the local market. Smith, who has sold 100% of her listings and does so more than 43% faster than the average Austin agent, knows what it takes to get the job done. Partner With a Top-performing Austin Agent.

Seller concession 110

Seller concession Purchase and sale agreement Closing costs Inspection 110

HomeLight

JUNE 29, 2022

Real Estate Agent. Real Estate Agent at Berkshire Hathaway HomeServices Realty Professionals. According to Chester Ardolino , a real estate agent in Springfield , Massachusetts, the time to think about your top priorities as a seller is before the house hits the market. Negotiate closing costs with your ‘win’ priorities in mind.

Earnest money deposit 111

Earnest money deposit Purchase and sale agreement Closing costs Closing 111

HomeLight

MARCH 2, 2021

Partner with a real estate agent who’s a top negotiator. When you need help deciding what’s appropriate to offer on a home and how to get a better deal , an agent who’s a top-tier negotiator is going to be your best friend. HomeLight can recommend you to a buyer’s agent known for helping their clients save on their purchase.

Inspection 111

Inspection Loans Closing costs Renovation 111

HomeLight

AUGUST 20, 2021

For added insight, we interviewed Sherry Ekdawy , a top-selling agent, designer, and contractor in Phoenix, Arizona. A top real estate agent in your local market. If you choose to list your home on the market, you need a seasoned local real estate agent with experience selling homes like yours. Solve any documentation disputes.

Staging 116

Staging Renovation Agents Inspection 116

CT Homes

MARCH 31, 2021

They typically buy properties to renovate or rent and are willing to move quickly to land deals. They are in the business of upgrading, renovating and doing work to add value to the properties they purchase. In a traditional real estate transaction, negotiations are handled by real estate agents. 5-8% is a chunk of change!

Closing costs 96

Closing costs Inspection Closing Renovation 96

HomeLight

OCTOBER 24, 2022

Kitchen remodel cost overview. The average cost of kitchen remodeling ranges dramatically with variables like size, finish quality, labor costs, and depth of the renovation differing from project to project. For a general overview, let’s compare a few of the web’s most reputable sources for remodeling costs: Source.

Renovation 124

Renovation Loans Equity Design 124

RIS Media

OCTOBER 14, 2020

That may be a struggle if you’re already strapped by a down payment, closing costs and moving expenses. Higher Overall Cost. If you don’t gain equity, you won’t be able to eliminate private mortgage insurance or use equity for renovations and other expenses. . Lack of Equity. How to Approach the Home-Buying Process.

Purchase and sale agreement 98

Purchase and sale agreement Closing costs Equity Renovation 98

Realty Biz

FEBRUARY 8, 2021

Your real estate agent should be able to let you know what is available, but it can also be worth speaking to a financial advisor, especially if you’re still trying to save for a down payment. Real Estate Agents. Since Florida is such a large place, choosing the right real estate agent can take some time. New Renovations.

Inspection 115

Inspection Renovation Finance Closing costs 115

HomeLight

JULY 28, 2022

That means it costs less money to renovate. Fewer dollars on renovations can ostensibly result in better offers than the competition. Closing costs: Sellers pay no closing costs; We Buy Houses in Connecticut covers them. Closing costs: Sellers pay no closing costs; Sell Your Home CT covers them.

Closing costs 104

Closing costs Purchase and sale agreement Residential Closing 104

Realty Biz

JANUARY 19, 2024

Interviewing and selecting a buyer's agent and choosing a mortgage lender and real estate attorney are vital steps. Find an Exceptional Buyer's Agent Having a buyer's agent when purchasing your first home is incredibly important for several reasons. The listing agent represents the seller. You should never do this!

Debt-to-income ratio 100

Debt-to-income ratio Pre-approval Purchase and sale agreement Inspection 100

HomeLight

NOVEMBER 7, 2022

Together with local expert and HomeLight network real estate agent Shawn Manderscheid , we’ll look at some of the quirks of the local market. Manderscheid, who sells properties more than 56% quicker than the average agent in the Houston market, knows how to close the deal efficiently. Real Estate Agent. Find Agent.

Seller concession 104

Seller concession Purchase and sale agreement Closing costs Inspection 104

HomeLight

SEPTEMBER 10, 2022

In this post, along with researched data, we’ll share valuable insights from Sherry Wiggs , a top-performing real estate agent from Westchester County , New York. Wiggs is an expert in the industry, working with 70% more single-family homes than the average Yonkers area agent. Consult With an Experienced Agent in Your Market.

Closing costs 111

Closing costs Agents Seller concession Closing 111

HomeLight

JULY 25, 2022

The average length of home ownership has shrunk to just seven years, according to Brad Gore , a top agent who works with 74% more single-family homes than the average Branson, Missouri, agent. This free tool will provide an estimate of the costs of selling your home and the potential net proceeds you might earn. Fix things.

Closing costs 111

Closing costs Equity Short sale Agents 111

HomeLight

FEBRUARY 24, 2023

And according to top agent and real estate expert Heidi Jenkins , Ohio is a great state in which to practice your craft. Not only does Ohio have the seventh-lowest cost of living in the country — the cost of living index considers 100 to be the national average and Ohio sits at 89.4 — but the state’s home values continue to increase.

House Flipping 105

House Flipping Renovation Finance Agents 105