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 is expected to shoulder additional renovations and improvement expenses once they become the official homeowners.

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As-is Agents Purchase and sale agreement Inspection 98

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.”. HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition.

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As-is Inspection Sales Investor 111

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

FEBRUARY 26, 2021

These are all items that you may see listed for sale “as is” on sites like Facebook Marketplace or Craigslist. So how do “as is” sales in furniture and retail translate to “as is” sales in real estate? A couch with a red wine stain. An iPad with software issues. A car with a few dents and scratches.

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As-is Sales Inspection Investor 111

Realty Biz

MARCH 29, 2021

House flipping refers to buying a house or rental property, holding on to it in a short time, and reselling it to make a profit. House flipping refers to buying a house or rental property, holding on to it in a short time, and reselling it to make a profit. House flipping is among the short-term housing investment strategies.

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House Flipping Renovation Investor Construction 119

HomeLight

AUGUST 31, 2021

Distressed sales accounted for just 1% of all home sales in April 2021. Let’s take a look at the most common foreclosure sales and how they work. Short sale. A short sale isn’t necessarily a foreclosure sale, but it’s common to see a short sale done to avoid foreclosure.

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Pre-approval Short sale Banks Finance 111

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. The owner may also opt to sell the house, possibly as a short sale with bank or lender approval. Our service is 100% free, with no catch.

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Pre-approval Short sale Staging Banks 85

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 31

HomeLight

DECEMBER 1, 2021

Maybe the real estate market took a dive and you went overboard on past home renovations. Maybe you got caught up in a bidding war, bought at a market peak, and buyer interest (along with home values) has since cooled. Or you’ve experienced a sudden and extreme change to your financial situation, such as a layoff or death in the family.

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Purchase and sale agreement Short sale Loans Mortgages 111

The Close

JANUARY 13, 2025

One approach is house flipping, which involves purchasing a home that needs repairs or renovations. How to Find Houses to Flip in 7 Ways Finding and purchasing a property to renovate is often more complex and time-consuming than buying a home for full-time living. What Is House Flipping? If you resell, there is no tenant management.

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House Flipping Investor Renovation Short sale 98

Realty Biz

MARCH 29, 2021

House flipping refers to buying a house or rental property, holding on to it in a short time, and reselling it to make a profit. House flipping refers to buying a house or rental property, holding on to it in a short time, and reselling it to make a profit. House flipping is among the short-term housing investment strategies.

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House Flipping Renovation Investor Construction 95

Realty Biz

MAY 9, 2022

They do this by not only prioritizing clients’ immediate needs, but helping them plan for the future as well, by way of renovations and plans that will provide the highest profit for home sellers and value for prospective buyers. At one point, he was going to have to do a short sale. The Backstory. “My Then the pandemic hit.

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Branding Short sale Brokerage Renovation 81

HomeLight

FEBRUARY 24, 2023

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. Jenkins also notes that now is a great time to buy and hold a property — as opposed to renovating a house and selling it immediately. “I

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House Flipping Renovation Finance Agents 105

HomeLight

FEBRUARY 24, 2023

Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit. There’s an opportunity to do renovations differently than most other house flippers in Texas. If you’re looking into flipping houses , Texas is a great place to start.

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House Flipping Renovation Finance Investor 105

HomeLight

MARCH 30, 2022

His client received a cash offer of $60,000 over the asking price, but the sale likely would have fallen through because of a low appraisal if the buyer needed financing. Reduce the time it takes to close your sale. Take away risks of your sale falling through. Keep it simple with HomeLight’s Simple Sale platform.

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Sales Investor Renovation Staging 111

HomeLight

MARCH 10, 2023

Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit. Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit.

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House Flipping Renovation Investor Finance 105

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. 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. Source: (Rasanoa vz / Unsplash).

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Investor Inspection Renovation Sales 110

HomeLight

JULY 31, 2021

So began the foundations of a business built on buying properties at below-market value, renovating them, and re-selling them on the open market — a process D’Angelo would master and develop training systems around that he could then pass on to others. You may wonder: Who represents “we”? It started with a late-night infomercial.

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House Flipping Renovation Investor Sales 98

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. Flipping houses has never been a more desirable pursuit, no doubt thanks in part to the vast popularity of home renovation shows. Whether you’re interested in flipping the occasional house as a (hopefully!)

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House Flipping Inspection Renovation Finance 105

HomeLight

FEBRUARY 24, 2023

As home renovation shows have skyrocketed in popularity in recent years, so too has the business of flipping houses. 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 Inspection Renovation Finance 100

HomeLight

JULY 25, 2022

Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes. Comparable properties nearby : Known as real estate comps , recent nearby home sales affect the sale price and value of your home. A family emergency.

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Closing costs Short sale Equity Sales 110

HomeLight

NOVEMBER 29, 2021

It varies by individual market, but cash sales trended upward in 2021 due to a low supply of homes, bevy of demand, and increase in well-funded fintech players purchasing homes nationwide, according to a report from the National Association of Realtors (NAR). of sales were all-cash as of July 2021. Source: (Zac Gudakov / Unsplash).

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Marketing Investor Renovation Sales 105

HomeLight

JULY 25, 2022

Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes. Comparable properties nearby : Real estate comps are recent nearby home sales that affect the sale price and value of your home. Get Estimate.

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Closing costs Equity Short sale Agents 111

Realty Biz

SEPTEMBER 23, 2021

Miami-Dade County real estate broke another record, posting its best August sales month in history as pent-up demand, more U.S. Miami-Dade County total home sales surged 30.6% year-over-year in August 2021, from 2,527 sales to 3,299. This record-breaking sales year will have a long-lasting impact on our community.”.

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Sales Fixed-rate mortgage Short sale Equity 104

HomeLight

FEBRUARY 24, 2023

Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit. Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit.

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House Flipping Renovation Investor Finance 105

HomeLight

NOVEMBER 30, 2022

Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for big bucks. Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for big bucks.

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House Flipping Inspection Renovation Finance 111

HomeLight

APRIL 30, 2021

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. They’re looking for how long homes like yours took to sell and the difference between their list prices and their sale prices. Actually, there is.

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Marketing MLS Agents Renovation 111

HomeLight

FEBRUARY 4, 2022

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, for instance, will walk the property with clients (or via video) to identify things that would need to be repaired or renovated.

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Agents Banks MLS Title 104

Redfin

MARCH 4, 2025

One of the benefits of homeownership is building equity – the amount of the home you actually own. Home equity can be used to help you buy a new home, make improvements to your house to increase its value, or pay off debts. So, how do you calculate how much home equity you have? Home equity is the amount of your home that you actually own.

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Equity Loans Seller concession Short sale 31

HomeLight

AUGUST 16, 2021

Reserve auctions are similar to minimum-bid auctions in that there is a fixed price that must be met to finalize the sale, but a reserve price is kept under wraps, while a minimum bid is clearly stated. Many home auctions require full payment at the time of purchase, while others may allow a short grace period to finalize financing.

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Title Due diligence Finance Inspection 111

HomeLight

AUGUST 16, 2021

What is an REO sale? If it sells, the lender recoups some of the outstanding loan amount through the sale. There is never a perfect investment situation. It is your skill as an investor to make educated decisions about your investment decisions.”. Source: (Andre W. Nguyen / Unsplash). Finding REO homes: How the experts do it.

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Banks Pre-qualification Investor Short sale 105

HomeLight

FEBRUARY 9, 2023

Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit. DISCLAIMER: This article is meant for educational purposes only and is not intended to be financial or legal advice. Like many other areas in the U.S., percent in 2023.

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House Flipping Hard money loan Finance Renovation 105

The Close

JULY 30, 2024

Recovery stage (Source: CrowdStreet ) What investors should do during recovery : Purchase below-market properties (best to do in the early stages of recovery) Sell renovated properties that were purchased during a recession Negotiate property prices to get undervalued properties or the best value for your flipped homes 2.

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Investor Marketing Staging Renovation 98

HomeLight

MARCH 29, 2023

With 300 days of sun a year, a walkable downtown, and an average sale price $22,000 higher in February of 2023 than 2022, the area is still a great market if you’re looking to sell your house fast in Denver. They repair and renovate properties in hopes of turning a significant profit. Here’s how it can work.

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Sales Staging Investor Agents 98

HomeLight

JULY 31, 2021

They look for motivated sellers who want to close quickly and avoid the potential complications of financing or sale contingencies, even if it means accepting a lower offer price,” he explains. In addition, these properties allow for multiple exit strategies for investors, including flips, short- or long-term rentals, or wholesales.”.

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Earnest money deposit Inspection Inspection contingency Title 98

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. A traditional sale might be what you had in mind when you originally bought your home. Request Offer. But life happens, plans change, and emergencies arise.

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Purchase and sale agreement Investor Inspection Due diligence 111

HomeLight

DECEMBER 29, 2021

If you seek assistance either locating, sizing up, or calculating renovation costs for a potential investment property, you need an investor-friendly Realtor with specialized knowledge of rehabbing and rental markets in your area. They assist with important steps including marketing, negotiations, inspections, the home appraisal, and closing.

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Investor Property Management Renovation Agents 98