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How Fast Can I Sell My House? It Can Take 75 Days or 12

HomeLight

The recent housing market has been hot and competitive due to an extreme lack of inventory. For a seller in a hurry, the shortage of homes means you can anticipate fewer days on market (DOM). How it might take 12-75 days to sell your home. What do days on market mean? Direct Buyer (Simple Sale).

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Is Your Realtor Doing a Good Job? Answer These 6 Questions to Find Out

HomeLight

Or maybe, you signed a purchase agreement with a real estate agent and have heard nothing but crickets since. For added insight on what constitutes a “good agent,” we interviewed top real estate agent Jason Farris who completes 11% more home sales than the average agent in Fresno, California. Source: (Surface / Unsplash).

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How Does an Appraisal Gap Coverage Clause Work

Realty Biz

In the current real estate market, many property buyers choose to finance their purchases. However, with the current market heavily favoring sellers, quite a few buyers who would otherwise be taking out a mortgage are paying cash. Doing so will satisfy the lender and allow the sale to proceed. 400,000 vs. $384,000.

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Selling a House ‘As Is’ in Washington State

HomeLight

“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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Why Milwaukee is a Hotspot for Cash Home Buyers: Trends and Insights

Realty Biz

Factors driving cash home buying in Milwaukee include the rise of real estate investment companies, the desire for quick sales, and the appeal of renovation opportunities. Less room for negotiation: Cash buyers may not be as open to negotiation as traditional buyers since they're usually purchasing properties as-is.

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Land of the First Boardwalk: Down Payment Assistance in New Jersey

HomeLight

The amount varies, but it is usually based on a percentage of the home’s purchase price. William Hagan , a New Jersey agent who typically sells homes more than 40% faster than the average agent in his area, warns that even a 20% down payment may not be enough to win a bidding war in the 2021 sales market. “In

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Phoenix Real Estate Market & Investment Overview 2020

Marco Santarelli

It could only pause sales, which in turn created a huge pent up demand. The Phoenix real estate market has not only recovered after a slump due to COVID-19 but the demand has reached new heights. In July, the median sales price — up 3.3% Ideally, a buyer would prefer a sale to asking price ratio that’s closer to 90%.

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