The Close

FEBRUARY 19, 2025

Whether youre a new or experienced real estate investor, you may have asked, What is a real estate short sale? The simple answer is that a short sale is when a homeowner owes more for their home than its current market value and puts it up for sale. What Happens in a Real Estate Short Sale?

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Short sale Sales Due diligence Purchase and sale agreement 52

HomeLight

APRIL 29, 2022

Some people have a lot more time and energy to engage and make the best of the sale, and some people don’t,” says George Graham , a top real estate agent in the Seattle, Washington, area. An as-is home sale often indicates that the home has some “big-ticket items” that won’t pass the required inspection or appraisal, he adds.

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As-is Purchase and sale agreement Investor Inspection 95

The Close

AUGUST 6, 2024

As an agent and homeowner, I represented myself during the sale of my as-is property five years ago, and I’m going to help you be prepared to answer “How do I sell my house as-is?” The buyer ultimately assumes all risks and responsibilities for any issues that may arise post-purchase. ” for your clients.

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As-is Agents Purchase and sale agreement Inspection 98

Realty Biz

JULY 19, 2022

This article might be premature because across most of the country home sales continue happening rapidly. Many of these will be new investors that don’t have experience with the pre-foreclosures, short sales, and foreclosures, that occurred during the Great Recession. properties with a foreclosure filing. This becomes REO.

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Purchase and sale agreement Short sale Loans Inspection 101

HomeLight

DECEMBER 30, 2021

When you make an offer to buy a house, you’ll sign and initial contracts for each offer, and when one is accepted, it’s now officially a purchase agreement , which becomes a legal document. Matt Laricy is a top agent in Chicago , completing 41% more sales than the average agent in his area. Buying a house is a pretty big deal.

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Purchase and sale agreement Title Short sale Closing 97

HomeLight

DECEMBER 23, 2021

However, if your property is occupied, you need to be aware of a tenant’s rights when a house is for sale as they pertain to your area, as well as the specific terms of your lease agreement. How does the eviction moratorium affect a possible sale? Information in this blog post is meant to be used for educational purposes only.

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Purchase and sale agreement Sales As-is Investor 116

HomeLight

MAY 24, 2022

If you only pay cash for the down payment, and take out a mortgage for the remainder of the purchase price, it keeps more money in your pocket. A cash sale: Start to finish. With a cash sale, you can skip a few steps in the typical closing process. Why pay cash for a home? Despite this, there are benefits to a cash offer.

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Purchase and sale agreement Closing Title search Title 111

HomeLight

OCTOBER 1, 2020

If the appraiser only looked at sold listings while there are pending sales that might be more comparable to your would-be property, that’s something else that can affect a home’s appraised value. Short sales in the neighborhood . In some cases, short sales may be to blame for a low appraisal. So, what can you do?

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Purchase and sale agreement Short sale Rent back Sales 98

HomeLight

NOVEMBER 1, 2021

If you’re selling your home in a hot market rampant with bidding wars that drive up the purchase offers on home sales, you may realize that your home is unlikely to appraise for the inflated purchase offer or even for your asking price. Short sales or foreclosures in your area have driven home prices artificially low.

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Purchase and sale agreement Backup offer Proof of funds Finance 111

HomeLight

JULY 31, 2022

Here are some options for pulling a successful sale, regardless of where you stand on your mortgage. This minimum equity ensures that you’ll have the funds for necessary home sale expenses (such as staging , repairs , and closing costs ), plus some leftover profit to put towards your next down payment or security deposit.

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VA loan Purchase and sale agreement Short sale Pre-approval 95

HomeLight

JANUARY 31, 2022

If you need assistance navigating the legalities of your sale, HomeLight always encourages you to reach out to your own advisor. works on many sales of rental properties. The most crucial factor is the type of rental agreement you entered into with your tenants. Options for handling tenants with a month-to-month agreement.

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Purchase and sale agreement Investor Sales Agents 98

HomeLight

SEPTEMBER 1, 2022

Once you have the purchase agreement in hand, you might think there are no more obstacles in your way, but the home still has to appraise for the amount you agreed to pay for it. When you’re financing your home purchase with a mortgage, the lender wants to make sure the property you’re buying is worth what you’re paying for it.

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Purchase and sale agreement Earnest money deposit Short sale Loans 107

HomeLight

AUGUST 24, 2022

Looking to connect with a Florida cash home buyer for a quick sale in the Sunshine State? HomeLight’s Simple Sale platform provides all-cash offers, giving clients a fast, stress-free home selling experience without having to worry about additional repairs or prep work and with no additional fees, commissions, or upfront costs.

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Purchase and sale agreement Title search Proof of funds Title 111

HomeLight

JULY 27, 2021

Regardless of whether an individual’s professional designation is a licensed real estate agent or a Realtor® (a Realtor® is a licensed agent who is a member of the National Association of Realtors ), most agents are paid through commissions, which are a percentage of a home’s sales price. That person is a buyer’s agent. See that person?

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Purchase and sale agreement MLS Agents Brokerage 111

HomeLight

JANUARY 25, 2021

House flippers usually purchase houses for cash as-is, saving homeowners the expense of making repairs that lenders might require, along with the stress of showing and staging the home. A traditional sale might be what you had in mind when you originally bought your home. Is the property damaged or are you facing a personal emergency?

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Purchase and sale agreement Investor Inspection Due diligence 111

Realty Biz

SEPTEMBER 23, 2023

Buyer agents can provide valuable support in various situations, such as buying a new home or purchasing a foreclosure. You may likely be asked to sign a buyer's agency agreement. Maximum Real Estate Exposure is an insightful resource for explaining buyer agency agreements. What is a Buyer's Agent Agreement?

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Purchase and sale agreement Pre-approval Agents Pre-qualification 70

HomeLight

JANUARY 13, 2022

In May 2020, 76% of closed sales contained purchase contingencies, a survey from the National Association of Realtors® (NAR) found. Common contingencies include issues with appraisals, home inspections, or the buyer’s home sale. So he knows all the twists and turns that can occur between an accepted offer and a closed sale.

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Backup offer Inspection contingency Purchase and sale agreement Home sale contingency 97

HomeLight

FEBRUARY 26, 2021

With tenant communications and handling repairs weighing on your to-do list, here’s what experienced rental property owners, landlords, and real estate agents say it will take to pull off a smooth rental property sale. When you go to sell a house you’ve used as your main residence, the upside you make from that sale is usually tax-free.

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Purchase and sale agreement Investor Sales Agents 108

HomeLight

JUNE 24, 2022

If you live in a community property state and your home, classified as community property , was acquired during the marriage, the proceeds from the sale are typically split strictly and equally 50-50. DISCLAIMER: This blog post is meant to be used for informational purposes only, not legal advice. Get Estimate.

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Purchase and sale agreement Equity Sales Agents 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. Step one: Talk to an expert! Selling your house soon? Learn More Contingent or pending, you’re under contract!

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MLS Backup offer Inspection contingency Purchase and sale agreement 105

CT Homes

MARCH 7, 2024

A mortgage is essentially a loan from a bank or financial institution that enables you to purchase a home. A mortgage is essentially a loan from a bank or financial institution that enables you to purchase a home. This figure represents how much you need to pay to settle your mortgage in full at the time of sale.

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Purchase and sale agreement Mortgages Equity Short sale 78

Marco Santarelli

SEPTEMBER 5, 2020

It could only pause sales, which in turn created a huge pent up demand. In July & August, the Phoenix was a hot seller’s real estate market, which means there were roughly more buyers than there were active homes for sale. In July, the median sales price — up 3.3% The demand for housing has completely outpaced the supply.

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Marketing Purchase and sale agreement Investor Sales 135

The Close

AUGUST 18, 2022

I believe my Luxury Home Marketing Program can generate more exposure and more excitement for your home than any other agent could achieve for you, leading to a top-dollar sale of your home. Here’s why: older homeowners respond very well to snail mail delivered by the good old USPS. Expired Listing Prospecting Letters. copy to clipboard.

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Purchase and sale agreement Title Closing Short sale 98

HomeLight

JANUARY 10, 2023

HomeLight’s Simple Sale platform provides all-cash offers for homes nationwide, including in Florida. Along with providing full cash offers to purchase homes in “as is” condition, Florida Cash Home Buyers also offers another sale option which they refer to as “Novation.”. Simple Sale. Request Offer. Website: [link].

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Closing costs Purchase and sale agreement Closing Sales 98

HomeLight

JANUARY 6, 2023

Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. We Buy Houses companies in Orlando typically promise to give home sellers quick, convenient all-cash offers, and exceptionally speedy closings, often wrapping up the property sale in as few as seven days. Request Offer.

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Purchase and sale agreement Closing costs Closing Sales 97

Marco Santarelli

AUGUST 27, 2020

According to the association of local realtors (LVR), July had the most amount of home sales since 2017 with more than 4,000 existing homes sold. According to the association of local realtors (LVR), July had the most amount of home sales since 2017 with more than 4,000 existing homes sold. Closed sales increased by 34.9

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Marketing Purchase and sale agreement Investor Sales 128

Realty Biz

APRIL 12, 2021

A real estate agent is a licensed professional who must pass an exam before selling or purchasing a home on behalf of a customer. Buying or selling a house is a huge deal, and it’s one of the most critical financial choices you’ll ever make. Finding an experienced real estate agent to help you through the process is crucial.

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Purchase and sale agreement Agents Short sale As-is 102

HomeLight

APRIL 29, 2021

Today’s multi-family market is bustling with activity , saturated with aspiring and accomplished investors looking to purchase properties just like yours. In most states, it’s perfectly legal to sell a property with tenants , and a seller can easily transfer lease agreements and security deposits to the new owner.

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Investor Purchase and sale agreement Agents Commercial 111

HomeLight

JANUARY 19, 2023

Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. They usually present a take-it-or-leave-it sale price. If you accept the offer, you’ll both sign a sales contract. With a signed sales agreement, the closing process will begin. You receive a firm offer.

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Purchase and sale agreement Closing costs Closing Sales 97

HomeLight

DECEMBER 6, 2022

Perhaps you need a fast home sale to start a new job right away. Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. They usually present a take-it-or-leave-it sale price. If you accept the offer, you’ll both sign a sales contract. Request Offer.

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Purchase and sale agreement Closing costs Closing Sales 98

HomeLight

FEBRUARY 16, 2023

Maybe you’ve inherited property that’s not in the best shape, and a quick sale is the simplest way to settle the debts of an estate. Or perhaps other life circumstances such as an illness, divorce, or downsizing have left you in a bind, and a quick home sale would give you peace of mind, extra money, and a fresh start.

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Purchase and sale agreement Closing costs Closing Sales 98

The Close

JUNE 28, 2022

There’s a lot that goes into marketing a home for sale , including getting the word out to your sphere using effective email marketing , hosting successful open houses , and, of course, deploying effective marketing materials that include well-designed real estate brochures. your address list and they’ll handle the rest. Visit ProspectsPLUS!

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Purchase and sale agreement Design Branding Closing 98

HomeLight

AUGUST 10, 2022

HomeLight’s Simple Sale platform provides full cash offers for homes in almost any condition nationwide and in Atlanta. Disclaimer: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of companies in this post do not constitute an endorsement. Request Offer.

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Purchase and sale agreement Closing costs Closing Inspection 97

Marco Santarelli

MAY 28, 2022

If you’re keen to invest in your future in the Virginia Beach real estate market 2019 and buy before prices become out of reach, you must peruse till the end. Virginia Beach is a city in southeastern Virginia. It sits where the Atlantic Ocean and Chesapeake Bay meet. The city is best known for the three mile boardwalk on the Atlantic side.

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Marketing Purchase and sale agreement Investor Sales 98

Realty Biz

AUGUST 9, 2023

Complex Transactions : If you're dealing with a particularly complicated property transaction, such as foreclosures, short sales, or if there are liens on the property, an attorney's expertise can be invaluable. Drafting and Reviewing Documents : Purchase agreements, deeds, and other real estate transaction documents can be complex.

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Purchase and sale agreement Mortgages Short sale Commercial 52

Marco Santarelli

OCTOBER 23, 2023

If you manage to locate and contact the owner of an abandoned house, you may be able to negotiate a purchase agreement with them. If you are looking for a cheap way to acquire real estate, you might be wondering if you can legally buy abandoned houses for free in California. Can You Legally Own Abandoned Houses for Free in California?

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Purchase and sale agreement Title Short sale Banks 52

HomeLight

AUGUST 24, 2022

Maybe your company is transferring you from Atlantic City to Las Vegas, and you don’t have time for a lengthy home sale process. Maybe your company is transferring you from Atlantic City to Las Vegas, and you don’t have time for a lengthy home sale process. Links and mentions of companies in this post do not constitute an endorsement.

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Closing costs Purchase and sale agreement Closing Staging 97