HomeLight

JUNE 28, 2021

Your real estate agent has been forwarding you offers on your home all day. Why do some offers have one price on the purchase agreement and another price on the escalation addendum? An offer your friend submits to escalate the purchase price doesn’t qualify. The buyer will generally specify a maximum purchase price.

Earnest money deposit 98

Earnest money deposit Purchase and sale agreement Pre-approval Pre-qualification 98

HomeLight

JULY 31, 2020

There’s a house for sale that you want to buy. 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. The appraisal is lower than the purchase price.

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Closing Purchase and sale agreement Title search Earnest money deposit 119

HomeLight

DECEMBER 6, 2021

Financing hoops: You may face additional scrutiny from the lender if your buyer will use a mortgage for their purchase. The following resources may also be of assistance in your family sale: Real estate agent: For a reduced commission rate, an experienced agent can help minimize challenges and coordinate the sale.

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Purchase and sale agreement Marketing Equity Inspection 111

Redfin

MAY 24, 2022

Either way, it’s time to find a real estate agent to guide you through what can be a challenging – and sometimes stressful – process. Or, maybe you’re listing your home for sale in Anchorage, AK , you most likely want top dollar for your property. Steps to take before hiring a real estate agent.

Agents 74

Agents Pre-qualification Purchase and sale agreement Pre-approval 74

HomeLight

DECEMBER 15, 2021

We’ve heard the stories about people who managed to make an offer on a house before it officially went up for sale, beating out all the other would-be buyers and scoring the home of their dreams. Most importantly, how can your real estate agent help you facilitate buying a house before it’s listed for sale?

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MLS Pre-qualification Purchase and sale agreement Agents 98

HomeLight

DECEMBER 6, 2022

When the time comes to move, some tenacious homeowners in New Jersey are eager to take over the reins of their home sale and figure out how to sell a house by owner. With millions of homes sold each year, a modest portion of sellers — about 7% in 2021 and 10% in 2022 — choose to list “For Sale By Owner” (or FSBO — pronounced fizz-bow).

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Purchase and sale agreement MLS Pre-approval Agents 103

Redfin

AUGUST 29, 2024

You will also need to save money to put toward closing costs , about 2-5% of the purchase price. These loans are typically issued for more expensive homes and come with stricter qualification requirements. Get pre-approved As you’re researching how to buy a house, you will want to get a mortgage pre-approval.

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Earnest money deposit Purchase and sale agreement Pre-approval Debt-to-income ratio 63

BAM Media

JULY 2, 2024

While most agents are headed toward beach towels and piña coladas, summer is your prime time to hone in on your business and set yourself up for dominating the second half of the year. There are key questions every agent should be asking home buyers. I’m not a big fan of asking, “ Hey, are you pre-approved ? Sign up here.

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Pre-approval Debt-to-income ratio Pre-qualification Purchase and sale agreement 52

HomeLight

AUGUST 16, 2021

We’ve rounded up expert advice from all across our Buyer Resource Center and enlisted the help of top Massachusetts agent Rosemary Mancuso to walk us through what first-time buyers need to buy a house. Plus, if you do decide to take the leap, you’ll be ready to tackle your home purchase like a pro. HomeLight to the rescue! Start here.

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Closing costs Purchase and sale agreement Inspection Loans 105

Realty Biz

JANUARY 12, 2021

It’s about working with a professional agent to narrow your search and help you navigate through the purchase process. It also requires qualifying for a bank loan based on passing a set of rigid qualification standards. It means proving you are pre-qualified for a loan before you know what house you might buy.

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Purchase and sale agreement Pre-qualification Pre-approval MLS 67

HomeLight

MARCH 17, 2021

The planning stage (1 to 3 years before purchase). “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. The shopping stage (1 to 6 months before purchase).

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Pre-approval Purchase and sale agreement Title Closing 98

HomeLight

AUGUST 16, 2021

Source: (LinkedIn Sales Solutions / Unsplash). Your real estate agent is another great resource for help!). Mark Moskowitz is a top-selling agent in the Agoura Hills area of Los Angeles, where he completes 17% more sales than the average agent. Step 1: Make sure you qualify. Source: (Emmanuel Ikwuegbu / Unsplash).

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Loans VA loan FHA loan Purchase and sale agreement 105

The Close

AUGUST 15, 2023

Also known as referral-based lead programs, services that offer pay-at-closing real estate leads connect agents with potential clients without an upfront payment. These services are going to be different from referral agreements you might make with other agents.

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Closing Pre-qualification Agents As-is 75

The Close

DECEMBER 29, 2022

Whether you’re a veteran agent or a rookie hoping to sound authoritative during your first transaction, you need to be able to succinctly explain common real estate terms and definitions to your clients. This tool, also known as a like-kind exchange, allows investors to defer paying capital gains taxes on a sale.

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Purchase and sale agreement Title Pre-approval Proof of funds 98

HomeLight

APRIL 29, 2022

For many home buyers and sellers, finding a trustworthy real estate agent is top of mind, since unethical real estate agent behavior could endanger one of the largest financial transactions they will ever make. Most real estate agents do act ethically. Does it matter whether I choose a Realtor® or a real estate agent?

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Agents Purchase and sale agreement Pre-qualification Seller disclosure 105

Toronto Realty Blog

DECEMBER 14, 2022

But London Agent commented that it should be a regular feature on TRB, so maybe I actually was on point with that one. Rent is expensive in Toronto, and since there are just as many renters in Toronto as there are owners, it seems to reason that we should talk about renting as often as we discuss the purchase and sale of real estate.

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Development As-is Purchase and sale agreement Marketing 105

Toronto Realty Blog

MAY 17, 2023

On Monday, I told a story about the worst experience of my career, which saw me lose a listing in the most brutal of ways: by watching a “FOR SALE” sign for another agent, hammered into the lawn as I stood there with a buyer, on the very morning that I was supposed to sign the listing paperwork. ” How? ” Huh?

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Purchase and sale agreement Inspection Closing Agents 98

Toronto Realty Blog

MARCH 25, 2022

The group also wants first-time homebuyers to have access to mortgage terms of up to 30 years for insured mortgages and recommended making mortgage qualification stress tests consistent for both insured and uninsured mortgages, setting the stress test level to two percentage points above the contract rate. “To March 24, 2022.

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Purchase and sale agreement Construction Pre-approval Development 104