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.

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As-is Agents Purchase and sale agreement Inspection 98

HomeLight

APRIL 30, 2021

Your listing agent comes to you with a fairly thick package of paperwork and says: “Here’s the comparative market analysis (CMA) for your house — let’s talk about what we should sell it for.” So, we spoke with a couple of top agents in two different parts of the country to simplify it all for us. Any renovations and upgrades.

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Agents Marketing Due diligence Sales 100

HomeLight

SEPTEMBER 23, 2024

A Top Agent Can Help You Find A House You Can Afford We analyze millions of home sales to find buyer’s agents who will show you the right home at the right price. Agents don’t pay us to be listed, so you get the best match. Our service is 100% free, with no catch. The pre-foreclosure period can last 3 to 10 months.

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Pre-approval Short sale Staging Banks 85

HomeLight

FEBRUARY 4, 2022

Here’s a riddle for you: What do government websites, real estate agents, and a drive around the block have in common? This happens in one of two ways : through the local court or sheriff’s office in a judicial foreclosure, or through the mortgage company in a power of sale or non-judicial foreclosure. Barnett is one of these agents.

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Agents Banks MLS Title 104

Redfin

MARCH 4, 2025

There are several types of foreclosure sales – auctions, bank-owned properties, government-owned properties, preforeclosures, and short sales. Investors may see foreclosure purchases as an opportunity to renovate and resell for a profit, while homebuyers may find a house they wouldnt otherwise be able to afford.

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Pre-approval FHA loan Short sale Banks 35

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. After all, someone needs to buy that house you’ve just renovated , and your chances of a quick sale — at a desirable price — are much higher in a location where people want to live.

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House Flipping Renovation Finance Agents 105

Realty Biz

MAY 9, 2022

Most of today’s real estate agents and agencies are looking to make a quick commission and move on, but not the team at Las Vegas’ highly respected Custom Fit Real Estate. At one point, he was going to have to do a short sale. The firm specializes in helping home sellers achieve maximum results. Then the pandemic hit.

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Branding Short sale Brokerage Renovation 81

HomeLight

MARCH 30, 2022

In a HomeLight survey of top agents, 58% expect the upswing in cash offers to continue throughout 2022 as sellers want convenience, speed, and certainty. Investors making a cash offer are more likely to purchase a house as-is , so you can cut costs for renovations , staging , and curb appeal projects. Move according to your time frame.

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Sales Investor Renovation Staging 111

HomeLight

FEBRUARY 24, 2023

We also talked to Jeremy Larsen , a top-performing agent who specializes in investment properties in Fort Worth , to get some insider tips on the Texas real estate market. A Top Agent Can Be Your Texas Real Estate Investment MVP Interested in flipping a house in Texas? A top real estate agent can help.

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House Flipping Renovation Finance Investor 105

HomeLight

NOVEMBER 30, 2022

Sebastian Frey is an experienced agent in Santa Cruz, CA , who works with quite a few flippers to help them locate properties. Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for big bucks. Real estate agent fees to sell the property.

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House Flipping Inspection Renovation Finance 111

HomeLight

MARCH 10, 2023

We tapped two top HomeLight agents to help you navigate the ins and outs of house flipping in the State of New York as well as provide some tips and tricks specific to New York properties. A Top Agent Can Be Your New York Real Estate Investment MVP Interested in flipping a house in New York? A top real estate agent can help.

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House Flipping Renovation Investor Finance 105

HomeLight

MARCH 31, 2022

In this guide, we’ll walk you though what an “as is” sale really means — and what it doesn’t. To make sure you have the best information at your disposal, we talked with top-rated real estate agents across the country who offered their expert insights to help you make the best decision for your home and your future. Avoid foreclosure.

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As-is Inspection Investor Short sale 122

HomeLight

FEBRUARY 24, 2023

As home renovation shows have skyrocketed in popularity in recent years, so too has the business of flipping houses. Massachusetts remains one of the most promising states for house flipping, according to New Bedford-based real estate agent, Byron Ford , who specializes in investment properties. A top real estate agent can help.

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House Flipping Inspection Renovation Finance 100

HomeLight

APRIL 30, 2021

A real estate agent performs a comparative market analysis, or CMA , before your home hits the market to help arrive at a decent asking price. It’s also a helpful tool for homeowners who might be considering some renovations and wonder what the return on investment might be for adding that deck or upgrading the master bath.

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Marketing MLS Agents Renovation 111

HomeLight

JANUARY 19, 2023

Flipping houses has never been a more desirable pursuit, no doubt thanks in part to the vast popularity of home renovation shows. To learn more about flipping houses in Georgia, we’re talking to Savannah-based real estate agent Jay Mills, a listings specialist with the Hupman Group , to get his perspective on what’s happening in his market.

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House Flipping Inspection Renovation Finance 105

HomeLight

FEBRUARY 26, 2021

According to the 2020 Profile of Home Buyers and Sellers from the National Association of Realtors (NAR), 44% of buyers who purchased new homes did so to avoid renovations and problems with plumbing or electricity. But you can’t keep quiet about it, and neither can your agent. Enter real estate disclosures.

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As-is Sales Inspection Investor 111

HomeLight

DECEMBER 29, 2021

Not all real estate agents can tell you the after-repair value of the house on 5th Street or give you the estimated cap rate for a rental you’re eyeing near the university. Most real estate agents help traditional buyers find homes and work with seller clients who are marketing their primary residence. Find an Investor Agent.

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Investor Property Management Renovation Agents 98

HomeLight

FEBRUARY 26, 2021

According to HomeLight’s data, a deep clean can add more than $1,700 to a home’s sale price, and is likely to speed up the sale process. Eva Cedillo , a top-performing agent in San Joaquin County, California, says a deep clean is by far the most important step in fast-tracking a fixer-upper sale. “90%

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Investor Inspection Renovation Sales 110

HomeLight

FEBRUARY 24, 2023

We looked at the factors that can make or break a flip and talked to Florida real estate expert Jeff Riber , a Jacksonville agent with 25 years of experience. A Top Agent Can Be Your Florida Real Estate Investment MVP Interested in flipping a house in Florida? A top real estate agent can help.

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House Flipping Renovation Investor Finance 105

HomeLight

NOVEMBER 29, 2021

In April 2021, cash sales represented 25% of existing home sales, a level unmatched since 2016, and had only cooled slightly to 23% as of July. Top-selling Las Vegas real estate agent Rick Ruiz reports that buyers paid cash for almost 15% of the homes he sold so far in 2021. He expects that percentage to continue to grow.

Marketing 105

Marketing Investor Renovation Sales 105

HomeLight

FEBRUARY 9, 2023

Oakland, California real estate agent Daniel Donate , who specializes in investment properties, says that flipping houses in the state is definitely profitable right now. A Top Agent Can Be Your California Real Estate Investment MVP Interested in flipping a house in California? A top real estate agent can help.

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House Flipping Hard money loan Finance Renovation 105

HomeLight

JULY 6, 2023

That’s why it’s important for your real estate agent to keep your property’s status up to date, both in the multiple listing service (MLS) that agents cooperatively use, as well as in online marketplaces, which pull data from the MLS. contingent,” so you can present your home accurately and still meet your selling goals.

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MLS Backup offer Inspection contingency Purchase and sale agreement 105

HomeLight

MARCH 29, 2023

Whether you’ve inherited a house, want to put a divorce behind you, cash out your home’s equity, or relocate for work, your two best strategies if you need to sell your house fast are 1) pursuing a cash offer, or 2) working with a top real estate agent. They repair and renovate properties in hopes of turning a significant profit.

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Sales Staging Investor Agents 98

HomeLight

JULY 31, 2021

They can purchase a property at a discount, providing value through a quick sale to the owner, and leverage their funds and expertise toward a profitable renovation. This gives us a good idea of the condition of the property, so we know where we can provide value in the sale. In need of renovations or updates. Good bones.

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Earnest money deposit Inspection Inspection contingency Title 98

HomeLight

SEPTEMBER 1, 2020

According to top Florida Real Estate agent Troy Walseth , who has 27 years experience under his belt, “You really can’t buy a ‘foreclosure.’ You can buy a short sale, or you can buy a bank-owned property — but the foreclosure is just what’s happening in the process.”. Step 1: Find the right agent.

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Banks Inspection contingency Inspection FHA loan 98

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. Let the bidding begin!

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Title Due diligence Finance Inspection 111

HomeLight

JANUARY 25, 2021

According to a survey over 2,000 adults from real estate brokerage Coldwell Banker, 80% of Americans say they would prefer to buy a turkey home over one that requires renovations. The structure “had to be taken down to the studs,” Griffin says, not the ideal condition for a conventional sale. Your property suffered severe damage.

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Purchase and sale agreement Investor Inspection Due diligence 111

HomeLight

AUGUST 24, 2022

Work with a reputable local real estate agent. There are plenty of reasons to have a real estate agent in your corner — visibility in the MLS , help with stagings and showings, assistance with negotiations and contracts, to name just a few — and now you can add sourcing a cash buyer to the list. Focus on out-of-state buyers.

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Purchase and sale agreement Title search Proof of funds Title 111

HomeLight

MAY 19, 2022

There are some misconceptions about what “as is” means, says top-rated Maryland real estate agent Juan Umanzor. “I Yes, according to Umanzor, there is an as-is addendum for agents to complete. The main options to sell a house “as is” include: List ‘as is’ with the help of a real estate agent. They want to sell as-is.”.

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As-is Inspection Investor Closing costs 119

HomeLight

MAY 23, 2022

Josh Muncey , a real estate agent with over $500 million in career sales and 16 years of experience selling in greater Boston, Massachusetts, says, “it’s hard to find a market in the Boston area that’s not feeling red hot lately.”. It’s worth noting there are many buyers out there looking for a renovation project. Josh Muncey.

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As-is Inspection Sales Investor 111

HomeLight

AUGUST 16, 2021

But the best, most personalized and local way is to connect with a real estate agent in your area who has helped other buyers looking for this type of property. What will it cost to renovate it so you command either market rent or a sale at a price that represents a margin you’re comfortable with?

Banks 105

Banks Pre-qualification Investor Short sale 105

HomeLight

JUNE 30, 2022

Sellers often share professional [service and maintenance] contacts and contracts with the new owner, says Cheryl Coleman , a top real estate agent in Huntington Beach, California, who has owned many short-term rental properties. “If How can I find an agent who specializes in investment properties when selling my Airbnb?

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Investor Sales Agents As-is 105

Marco Santarelli

AUGUST 16, 2024

Cheap doesn't mean dilapidated: While properties requiring renovations can offer significant discounts, avoid equating “cheap” with uninhabitable. Consider closing costs, potential renovations, carrying costs like property taxes, insurance, and potential vacancies. This impacts your property selection and exit strategy.

Due diligence 52

Due diligence Purchase and sale agreement Renovation Title search 52

The Close

AUGUST 18, 2022

Real estate prospecting letters—letters agents send to buyers, FSBO, FRBO and Expired listing homeowners—are still one of the best ways to generate leads in 2022. Homeowners who expected bidding wars will be slow to lower asking prices and will wait longer to relist their homes with a new agent. LUXVT’s , Upmarket Agent.

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Purchase and sale agreement Title Closing Short sale 98

HomeLight

JANUARY 31, 2023

With the help of real estate experts and the latest statistics, we’re taking a closer look into where things stand with the short-term rental market and how it affects you. Find Agent What qualifies as a vacation rental? As an example, one of his Illinois properties was renovated with new kitchens and bathrooms in 2015.

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Property Management Investor Sales Agents 111

HomeLight

APRIL 15, 2022

A couple in Atlanta is ready to sell their charming and recently renovated three bed, two bath brick two-story home. After some email back-and-forth, they get their final iBuyer offer: Offer details: 98% of what a real estate agent estimated they could earn, minus a 5% service fee, a $2,000 repair credit, and 1% in closing costs. .

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Title House Flipping Title search Sales 109

Redfin

MARCH 4, 2025

You can also contact a real estate agent to discuss what your home is worth. Foreclosure can damage your credit score, so you may want to consider a short sale if this is the case. However, your lender will need to agree to a short sale so its best to speak with them as soon as you can.

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Equity Loans Seller concession Short sale 35