RIS Media

OCTOBER 2, 2020

A title search can reveal a variety of issues that may create financial or legal problems. Even if you were pre-approved when you started house hunting, your circumstances may have changed since then and you may no longer qualify for the same amount and loan terms. Talk to Your Agent. Legal and Financial Matters.

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Pre-approval Title search Title Renovation 111

HomeLight

JULY 31, 2020

In the February 2020 Realtors Confidence Index survey by the National Association of Realtors, 77% of real estate agents responded that contracts closed on time, and 19% reported delays but eventually closed; 4% of contracts were terminated. Loan approval. Problems with the title. How it can delay closing. Dodge move.

Closing 119

Closing Purchase and sale agreement Title search Earnest money deposit 119

HomeLight

JANUARY 3, 2022

Whether you should use an iBuyer (instant buyer) vs. real estate agent to sell your home is a hot debate in some real estate circles. iBuyer vs. real estate agent summary. The main trade-off is that the offer could be less than what you’d get listing the home with an agent, and you’ll pay a fee for the iBuyer’s services.

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Agents Title Inspection Title search 105

HomeLight

AUGUST 31, 2021

But right as you’re about to call your real estate agent, you notice there’s a line in there that labels it a foreclosure. We talked with veteran real estate agents with a combined 30-plus years working with foreclosures to bring you a comprehensive guide to the often confusing world of distressed properties. Pre-foreclosure.

Pre-approval 111

Pre-approval Short sale Banks Finance 111

HomeLight

OCTOBER 20, 2022

Although the appeal of FSBO lies primarily in saving the cost of paying a listing agent , the amount of paperwork, knowledge, and time necessary to sell a house without a real estate agent can be daunting. Many FSBO sellers will purchase a pre-listing appraisal. Preliminary title report. Pre-inspection.

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Purchase and sale agreement Pre-approval Inspection Title 111

HomeLight

NOVEMBER 9, 2021

During a seller’s market like the one, we had in the summer of 2021, a top real estate agent could help you find a buyer for your home in as few as 75 days from listing to closing. To help you set the best price on your home, a top real estate agent will provide you with comps and a pricing recommendation. Days on market.

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Purchase and sale agreement Home sale contingency Title search Inspection 105

Realty Biz

NOVEMBER 11, 2020

How your real estate agent markets your property when an offer has been accepted can have vital implications. For example, some agents will mark your home contingent, while others will mark pending. Will the buyer have an exceptional real estate agent? For a real estate agent, terms like contingent come as second nature.

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Backup offer Sales Home sale contingency Earnest money deposit 111

Realty Biz

JULY 1, 2023

During this stage, the buyer, seller, or their respective agents select an escrow agent who will oversee the process. The escrow agent acts as a neutral intermediary, holding funds and important documents until all conditions are fulfilled. Step 6: Ensuring Clear Title When buying a home, ensuring a clear title is paramount.

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Purchase and sale agreement Earnest money deposit Title search Pre-approval 77

The Residential Specialist

JUNE 23, 2020

Automating tedious tasks can free up more time for agents to interact and connect with clients. It used to be that every time an agent wanted to reach out and touch base with a client, they had to do so manually, and one at a time,” explains Christopher Linsell, an analyst for TheClose.com, a real estate website. By Matt Alderton.

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Pre-approval Title search Technology Agents 98

HomeLight

JUNE 23, 2022

It’s really good faith money,” says Kelly Allen , a top agent and seller representative specialist in Marietta, Georgia. It is simply a period of time that the buyer sets to secure financing approval from a lender for the purchase of the home. Real Estate Agent. Real Estate Agent at Keller Williams Realty Atl North.

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Earnest money deposit Purchase and sale agreement Due diligence Home sale contingency 111

HomeLight

SEPTEMBER 13, 2022

With some guidance from a top real estate agent and a veteran real estate attorney, we’ll cover seven important steps to consider when selling a house to a family member, as well as some questions you might have about the process. This means the buyer and seller have a pre-existing relationship of some kind (i.e.

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Purchase and sale agreement Title Title search Finance 111

Realty Biz

APRIL 8, 2024

This includes checking your credit score, saving for a down payment, and getting pre-approved for a mortgage. Contact an experienced Buyer’s Agent when you first think of buying a house. Online mortgage calculators can provide a rough estimate, but getting pre-approved by a lender will give you a more accurate figure.

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Pre-qualification Pre-approval Closing costs FHA loan 56

HomeLight

OCTOBER 29, 2020

Choosing a qualified agent and searching for the perfect home in terms of ideal size, location, price, and condition can already feel like a journey, but making an offer on a property is when the challenge really begins. That being said, pre-approvals aren’t yet a guarantee of funds and they usually carry an expiration date.

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Purchase and sale agreement Pre-approval Earnest money deposit Inspection 81

HomeLight

JUNE 30, 2021

Making an offer on a house without a Realtor® or a real estate agent is kind of like trying to represent yourself in a court of law — it’s possible, but it’s not a good idea. and what’s an agent? A real estate agent is licensed to help people buy, sell, or rent different housing or real estate property types. or an agent?

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Purchase and sale agreement Inspection contingency Home sale contingency Inspection 98

HomeLight

JANUARY 29, 2021

We spoke with probate attorneys and a top-performing real estate agent to bring you 10 essential steps for selling an inherited house. Run a title search to surface liens or judgments attached to the property, such as unpaid taxes, a home equity line of credit, or a reverse mortgage. Partner with an agent who does probate.

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Pre-approval Title Renovation Title search 111

Realtor.com

JANUARY 2, 2023

“It’s true, on the average, that new homes of similar sizes historically outprice pre-owned by about 16%,” says Stephen Haines , president of Artisan Built Communities. “Depending on the age of the pre-owned homes, one should understand the remaining life expectancy of these components,” says Haines.

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New Construction Construction Pre-approval Inspection 105

HomeLight

JANUARY 12, 2022

The seller’s portion of closing day usually takes one to two hours , according to Sherry Wiggs , a top real estate agent in Westchester County, New York. And in some scenarios, the seller won’t be required to attend in-person if they pre-sign the deed and other documents. Title issues: (~11% of delays).

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Closing Purchase and sale agreement Pre-approval Inspection 116

Easy Agent Pro

NOVEMBER 12, 2021

I once read a post in EAP’s Beat Zillow Facebook group where an agent was complaining that so many of the blog posts pushed out to EAP clients are on non-real estate subjects. That said, the agent said he’d prefer that his clients learn about down payment assistance and other such topics. How to hire a listing agent .

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Staging Pre-approval Title search Agents 111

HomeLight

MARCH 17, 2021

“If you want to buy a house, you need to have money saved up,” says April Mason , an agent in Corpus Christi , Texas, who has completed 24% more sales than the average agent in her market. Start by doing an internet search for down payment assistance in your city or state. Hiring an agent. Shopping online.

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Pre-approval Purchase and sale agreement Title Closing 98

HomeLight

MARCH 2, 2023

If you’re shopping for a home in San Diego, a trusted buyer’s agent is a key member of your team. HomeLight analyzes millions of transactions and thousands of reviews to find you a proven, top-performing agent in just under two minutes. Find a Buyer's Agent What will it cost to buy a home in San Diego?

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Closing Earnest money deposit Sales Inspection 118

HomeLight

MARCH 6, 2023

With the help of top Bay Area agent Carl Medford , who has 22 years of experience and specializes in helping first-time homebuyers, we’ve put together a comprehensive guide that breaks down all the ins and outs of buying a house in the Bay Area. Looking to Buy Your Dream Home in the Bay Area? Loans are between 3%-3.5%

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Earnest money deposit Closing Sales Title 110

Redfin

MARCH 3, 2022

It’s recommended to get pre-approved before house hunting to give yourself a realistic idea of how much home you can afford ; however, a mortgage pre-approval doesn’t guarantee that your loan application will be approved. Clouds on the title. You can ask the seller to lower the price.

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Closing Title search Purchase and sale agreement Title 63

Point2Homes

JUNE 23, 2021

From there, the bank will collaborate with REO specialists and real estate agents to sell the property. The best way to avoid this scenario is to get pre-approved with the lender selling that property. Even if your offer is taken into consideration, it can go through a lengthy approval process. Buying an REO Property.

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Pre-approval Banks Title search Inspection 71

HomeLight

DECEMBER 7, 2021

Because it can be a complicated process, we researched the subject and spoke with Clarissa Marshall , who is in the top 1% of all real estate agents in her area in Asheville, North Carolina. Real Estate Agent. Real Estate Agent at eXp Realty. Buyer will review the report with their agent. What does the inspection cover?

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Inspection Purchase and sale agreement Pre-approval Closing 105

HomeLight

NOVEMBER 15, 2024

This is an emotional process, and there’s a lot going on,” says Renee Hillman , a top-rated Raleigh area real estate agent who has been helping families with inherited homes for more than 25 years. Review any existing estate plans “So much with estates is about pre-planning on inherited property,” Hillman says.

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Pre-approval Title search Equity Title 52

HomeLight

NOVEMBER 9, 2021

We’ll walk you through it, with expert intel from Dave Zajdzinski , a top-selling agent who works with 71% more single-family homes than the average Phoenix agent. For most transactions, the sale is contingent on factors specified in the contract, such as inspection , appraisal , and title search. California. New Mexico.

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Purchase and sale agreement Pre-approval Closing Title 106

Redfin

AUGUST 3, 2022

Find a real estate agent you trust. A real estate agent will be with you every step during the home buying process and will offer expert knowledge of the local housing market. Find a real estate agent who listens to you, understands your goals and needs for buying a house, and has the resources to help you succeed.

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Pre-approval Purchase and sale agreement Title Debt-to-income ratio 76

HomeLight

NOVEMBER 10, 2021

Agent John Leinaar works in Kalamazoo , Michigan, an area where many pharmaceutical companies operate. He’s helped several families relocating from other states purchase homes remotely, and he works with 66% more single-family homes than other agents in his area. It will help your agent bring you the right houses, too.

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Inspection Title Agents Pre-approval 98

Redfin

AUGUST 29, 2024

Debt-to-income ratio (DTI) Another major factor that a lender will consider when approving your mortgage loan is your debt-to-income ratio (DTI). There are programs on the federal, state, and local levels, so it’s best to research your options and speak to your real estate agent to learn more. What will make your offer stand out?

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Earnest money deposit Purchase and sale agreement Pre-approval Debt-to-income ratio 55

Real Trends

DECEMBER 27, 2022

Aspiring and veteran real estate agents should be well aware that the same applies to the home buying and selling process: uncertainty hangs over every deal. A pending sale may be referred to as “under contract” by some real estate agents. It should be reassuring for all real estate agents that not many home sales fall through.

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Sales Home sale contingency Pre-approval Inspection 62

HomeLight

MARCH 13, 2023

We’ve gathered insights from top real estate agents and investors to create this guide navigating Orlando’s cash home buyer market so you can sell your property in as fast a timeframe as you require. Barrett Spray Real Estate Agent Close Barrett Spray Real Estate Agent at Keller Williams 5.0

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Sales Investor Due diligence Renovation 98

HomeLight

AUGUST 31, 2021

Clear title: The cash buyer will require a title search to make sure that you can convey the property free and clear of any clouds or judgments against the property, such as mechanic’s liens, unpaid taxes, or boundary encroachments. Request Cash Offer. Ask for proof of funds and EMD. What about ‘We Buy Houses?’®.

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Proof of funds Investor Due diligence Title 144

Windemere Selling

MARCH 14, 2022

This is why many sellers find a pre-listing inspection to be beneficial: it provides transparency about the home’s condition ahead of time and can help to streamline the buying process, which can be especially helpful when selling in competitive markets. As a seller, it’s important to be transparent in listing any issues with the home.

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Home sale contingency Inspection contingency Purchase and sale agreement Pre-approval 52

HomeLight

NOVEMBER 21, 2022

We’ll also provide a comprehensive overview of the full process to prep, market, and close on your home without the assistance of a real estate agent. If you don’t have the time or the expertise to list your home FSBO, working with a top agent in South Carolina could be your best bet. Get Started.

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Purchase and sale agreement MLS Pre-approval Agents 102

HomeLight

AUGUST 16, 2021

Perrin Cornell , a top agent in Wenatchee , Washington, who works with 82% more single-family homes than the average agent in his area. Reynolds adds that “using a real estate agent who’s familiar with foreclosures in your local area may be valuable and more time-efficient” than simply searching online.

Title 111

Title Due diligence Finance Inspection 111

Realty Biz

AUGUST 2, 2023

In my experience as a real estate agent over the last thirty-plus years, many homeowners will search " sell my house fast " for the best-selling strategy. Working with a knowledgeable real estate agent is crucial in navigating the home showing and negotiation.

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Purchase and sale agreement Title Staging Inspection 93

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.

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Seller concession Purchase and sale agreement Closing costs Inspection 110