Housing Wire

NOVEMBER 1, 2024

That can include being a housing market expert and advising clients on the best times to list or buy a home; having referrals handy for inspections, repairs, staging and photography; understanding the mortgage origination process; and more. The industry acronyms alone look like alphabet soup. Let’s dive in!

Agents 448

Agents Brokerage Purchase and sale agreement Commercial 448

Housing Wire

JULY 26, 2024

The majority of real estate sales fall under this category and usually employ a buyer’s and seller’s agent who negotiate on behalf of their respective parties. Although you can sell your home for whatever price you like, a controlled sale may incur certain tax liabilities for both parties. Why is selling to a family member different?

Purchase and sale agreement 459

Purchase and sale agreement Finance Closing costs Closing 459

Housing Wire

SEPTEMBER 17, 2024

For agents in New Hampshire , this week marks two months since PrimeMLS , the state’s multiple listing service , implemented the business practice changes outlined in the National Association of Realtors’ nationwide commission lawsuit settlement agreement. So, for now, I would caution patience.” It is a seller decision, not an agent decision.”

Purchase and sale agreement 448

Purchase and sale agreement Agents MLS Inspection 448

Housing Wire

APRIL 11, 2023

Buyers, sellers and lenders all have a stake in the sale, and title and escrow ensure that everyone’s interests are protected. They also help to prevent fraud and ensure that the sale is conducted legally and ethically. You can obtain a title through purchase, inheritance or other legal means.

Title search 397

Title search Title Purchase and sale agreement Preliminary report 397

HomeLight

MARCH 7, 2024

But what happens if you’re now facing the decision of submitting a buyer cancellation of the purchase agreement? In this guide, we’ll break down what you need to know about buyer cancellation of a purchase agreement. What is a home purchase agreement?

Purchase and sale agreement 116

Purchase and sale agreement Earnest money deposit Option period Inspection 116

HomeLight

JANUARY 10, 2024

Most purchase agreements are contingent on two key items: home inspection and financing. In the world of real estate, a contingent offer on a home means that the purchase is conditional upon certain terms being met. Most purchase agreements are contingent on which two items? What does this mean to a buyer?

Earnest money deposit 116

Earnest money deposit Purchase and sale agreement Inspection contingency Inspection 116

The Close

JANUARY 16, 2025

A rent to own home is a type of real estate investment when a tenant purchases the property theyre renting after a specific time. A rent to own home is a type of real estate investment when a tenant purchases the property theyre renting after a specific time. However, purchasing one requires a different approach.

Purchase and sale agreement 98

Purchase and sale agreement Investor Finance Equity 98

Housing Wire

JUNE 7, 2024

As overall home sales decline on a national level, signing listings is more difficult than ever for agents of all experience levels. Listings are the life-blood of all successful real estate businesses, but making the leap from working primarily with buyers to working with sellers can be a challenge for many agents early in their careers.

Purchase and sale agreement 468

Purchase and sale agreement Agents As-is Inspection 468

Realty Biz

DECEMBER 5, 2022

One of the most vital phases of buying a house is having it inspected. Home inspections over the last few years were few and far between. The crazy hot seller's market forced many home buyers into forgoing their inspection. It has led to home inspections coming back in vogue again.

Inspection 138

Inspection Earnest money deposit Purchase and sale agreement Inspection contingency 138

HomeLight

MARCH 2, 2022

Up next: The home inspection. Once the buyer orders a home inspection, your home is in the hot seat. Even if you’ve gone through the house with a fine-tooth comb and listed anything and everything on the seller’s disclosure , the home inspection might reveal issues that you weren’t aware of or are worse than you thought.

Inspection 145

Inspection Purchase and sale agreement Inspection contingency Agents 145

Housing Wire

DECEMBER 8, 2023

Includes current issues and trends in AZ real estate & property inspection issues CE Sales Package #1 with Ethics: 12 of the 24 required hrs of coursework (9 mandatory & 3 general hrs). Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission.

HR 434

HR Purchase and sale agreement Pre-approval Staging 434

The Close

NOVEMBER 25, 2024

In this “How to Buy a Multifamily Property” guide, I’ll walk you through deciding which type of multifamily property you want to purchase, picking the right lender, and running the numbers to ensure profitability. Purchasing a multifamily property is an excellent way for investors to generate steady income. You’re on the right page!

Purchase and sale agreement 105

Purchase and sale agreement Property Management Hard money loan Investor 105

HomeLight

MARCH 3, 2025

The most common request I get for as-is sales, are situations where a house is in significant disrepair. Those are the two types of situations in which I typically see a request for an as-is sale, Connor adds. Those are the two types of situations in which I typically see a request for an as-is sale, Connor adds.

As-is 52

As-is Purchase and sale agreement Inspection Finance 52

HomeLight

OCTOBER 25, 2024

If you’re a homeowner who doesn’t have the time or resources to tackle renovations, a cash sale can be an easy way to sell your property. Sell Your House Fast in Citrus Heights With a Cash Offer Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. No showings, no repairs, no open houses.

Purchase and sale agreement 64

Purchase and sale agreement Inspection Renovation Closing 64

HomeLight

MAY 23, 2022

HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. Median sales price in Indiana. Indiana law requires sellers to disclose material facts about the property through the Seller’s Residential Real Estate Sales Disclosure. Looking to sell a house “as is” in Indiana?

As-is 118

As-is Purchase and sale agreement Inspection Closing costs 118

HomeLight

JANUARY 17, 2024

Buying a house is a major milestone, but what happens when you have second thoughts, or you can’t fulfill the agreement you signed? Backing out of a home purchase isn’t a decision made lightly, yet it’s a scenario that buyers might face. But what’s the real meaning of backing out of a home purchase?

Purchase and sale agreement 111

Purchase and sale agreement Debt-to-income ratio Title search Finance 111

HomeLight

JULY 25, 2022

HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. Median sales price in Texas. Looking to sell a house “as is” in Texas? Sell 'As Is' With a Cash Offer. Disclosures.

As-is 111

As-is Purchase and sale agreement Inspection Investor 111

HomeLight

NOVEMBER 8, 2024

A cash sale lets you skip the lengthy listing process and sell quickly. Sell Your House Fast in Middletown With a Cash Offer Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. Sign the agreement: If the offer meets your needs, you can move forward by signing the purchase agreement.

Purchase and sale agreement 59

Purchase and sale agreement Inspection Closing Sales 59

HomeLight

APRIL 19, 2022

Gone are the days where a simple handshake could solidify a working agreement between a buyer and their real estate agent. Instead of a handshake, buyer’s agents are presenting homebuyers with a document called a “buyer broker agreement” — and you might not know what that is! Buyer-broker agreements, explained.

Purchase and sale agreement 111

Purchase and sale agreement Agents Inspection Brokerage 111

Toronto Realty Blog

FEBRUARY 13, 2025

I don’t want to play favourites, but Michael and Cindy’s purchase was one of my favourite from 2024 because they secured such an incredible deal on the home. You know those houses that are listed for sale five times, by three agents, over fourteen months? Older folks love to say, “I was young too, once.”

Inspection 96

Inspection Purchase and sale agreement Closing Agents 96

The Close

NOVEMBER 7, 2024

Have a clear investment strategy and long-term goals before purchasing. Investing in real estate may seem as simple as buying a property and collecting money, but it is far more complicated than that. Don’t stop reading, though. I said it was complicated, not impossible! Key Takeaways: Take your time to research the market before you invest.

Hard money loan 98

Hard money loan Purchase and sale agreement Investor Due diligence 98

HomeLight

MAY 23, 2022

HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. Median sales price in North Carolina. “As is” is a type of home sale where it’s understood that no improvements will be made to the property. Looking to sell a house “as is” in North Carolina?

As-is 112

As-is Purchase and sale agreement VA loan Inspection 112

HomeLight

MARCH 27, 2024

You’ve even signed a purchase contract. But what happens if the seller decides to back out of the sale? If you’ve found yourself in this situation, or you’re just mentally preparing for a worst-case scenario, it’s fair to ask: Can a buyer sue a seller for backing out of a home sale? What is a home purchase agreement?

Purchase and sale agreement 115

Purchase and sale agreement Sales Inspection Closing 115

Realty Biz

FEBRUARY 20, 2021

Given they are significant legal terms in a purchase and sale, it is essential to have a strong working knowledge of how they work. Some of these clauses can benefit you when purchasing a home, so we will look at some of the contingency clauses you might encounter when buying a property. Contingencies in Real Estate Explained.

Purchase and sale agreement 137

Purchase and sale agreement Inspection contingency Earnest money deposit Home sale contingency 137

Toronto Realty Blog

NOVEMBER 14, 2024

If a property sold for $2,000,000 but there was $100,000 worth of chattels included, then we would want the historical MLS to reflect this so we can continue to accurately evaluate properties via “comparable sales.” But in reality, there are many times when we feel “stuck in the mud,” and real estate is no exception.

MLS 98

MLS Purchase and sale agreement Staging Agents 98

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. 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.

As-is 98

As-is Agents Purchase and sale agreement Inspection 98

Redfin

MARCH 4, 2025

Mold or mildew problems Presence of asbestos or other harmful materials As a result, agreeing to purchase a property as-is is a serious decision for any buyer. While technically not adhering to the legal definition of as-is, this is permissible as long as the parties are in agreement.

As-is 31

As-is Due diligence Purchase and sale agreement Inspection 31

Redfin

MARCH 7, 2025

When buying or selling a home, the home inspection process plays a pivotal role in determining the condition of the property. One of the most common questions that come up during this phase is: who pays for the home inspection? What is a home inspection? A home inspection is a thorough evaluation of a propertys condition.

Inspection 39

Inspection Inspection contingency Earnest money deposit Purchase and sale agreement 39

Toronto Realty Blog

NOVEMBER 13, 2023

Peter tells John, “I wanted to let you know that I am going to list the condo for sale.” The property is listed for sale and ends up selling after about three weeks. Bob the Buyer is a young man who is purchasing his first home, and is excited to move into the condo in the fall.

Purchase and sale agreement 111

Purchase and sale agreement Residential Closing Pre-approval 111

HomeLight

DECEMBER 13, 2021

Should you get an asbestos home inspection to find out more? There have also been standards established for inspecting and removing asbestos in schools. You’re worried about you and your family getting sick from potential exposure. Whether to test for asbestos is a thorny issue. Source: (KomootP / Shutterstock). Get Estimate.

Inspection 110

Inspection Purchase and sale agreement Renovation As-is 110

HomeLight

MARCH 20, 2023

That means a large majority of homebuyers must consider the sale of their current home prior to buying a new one. Most often, this type of scenario calls for a home sale contingency. Find a Buyer's Agent What is a home sale contingency? Thus, the purchase agreement is “contingent” on the sale of the buyer’s existing home.

Home sale contingency 105

Home sale contingency Purchase and sale agreement Sales Earnest money deposit 105

HomeLight

DECEMBER 10, 2021

Just how much do you stand to lose if you list your home as an as-is sale ? When selling your house as is, the buyer purchases the home with the understanding that the seller chooses not to make any repairs or improvements. Also, an as-is sale doesn’t preclude the buyer from inspecting the property.

As-is 110

As-is Purchase and sale agreement Investor Closing costs 110

HomeLight

JUNE 9, 2023

The final sale hangs in the balance, waiting for certain conditions or “contingencies” to be met. The final sale hangs in the balance, waiting for certain conditions or “contingencies” to be met. As of 2023, 79% of contracts included an inspection contingency while 82% contained an appraisal contingency.

Home sale contingency 145

Home sale contingency Inspection contingency Purchase and sale agreement Inspection 145

HomeLight

JULY 12, 2024

You can then make a strong offer on your next home with no home sale contingency. This ensures that both the buyer and the seller fulfill their respective obligations before the sale is finalized. During the escrow period, several key activities take place to ensure the home sale stays on track.

Purchase and sale agreement 111

Purchase and sale agreement Earnest money deposit Home sale contingency Title search 111

Point2Homes

DECEMBER 8, 2020

But, what does contingent mean and how does it affect your purchase? However, before the sale can go to closing, certain contingencies must be met. These clauses are defined in the sales contract and often have to do with home inspections, mortgage approvals and appraisals. How is Contingent Different from Pending?

Purchase and sale agreement 145

Purchase and sale agreement Backup offer Home sale contingency Short sale 145

Realty Biz

JANUARY 10, 2023

The seller does not have to make any repairs before the sale, but certain disclosures are still made to the buyer. Step Three: Preparing The House For Sale. Cleaning is the first and most crucial step in preparing a house for sale. Selling a house as-is means selling the property without making any repairs or improvements.

As-is 93

As-is Purchase and sale agreement Renovation Sales 93

Realty Biz

JANUARY 19, 2024

From three decades working as a Realtor, there are common denominators for first-time home buyers going through the purchase process with ease. This includes understanding the terminology, legal aspects, and financial considerations of purchasing a property. We will guide you through the basic steps to buying a home for the first time.

Debt-to-income ratio 100

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