Housing Wire

OCTOBER 24, 2024

Although completed foreclosure auctions have plateaued in 2024 at less than half of pre-pandemic levels, the number of delinquent mortgages is close to pre-pandemic levels, according to an Auction.com analysis of public record data from ATTOM Data Solutions and survey data from the Mortgage Bankers Association (MBA). There is a lot of fear.”

Bankruptcy 448

Bankruptcy Equity Hard money loan Finance 448

HomeLight

MAY 5, 2022

Nothing deflates the excitement of buying a home faster than a seller who’s still in the house after closing. That said, a seller remaining in the home after closing isn’t always a nightmare scenario. We’ve got solutions and options for the specific scenario you face, whether it’s: You need to negotiate a rent-back.

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Rent back Closing Purchase and sale agreement Agents 111

RIS Media

JANUARY 14, 2022

Under those circumstances, a rent-back agreement can be advantageous for both parties. How a Rent-Back Agreement Works. A rent-back agreement allows the seller to continue to live in the house for a period of time after closing. During that time, the seller pays rent to the buyer.

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HomeLight

APRIL 29, 2021

The 13-year industry veteran has a track record for selling homes fast — her listings close 65% quicker than the average Philadelphia agent. A strong economy, reticent home sellers, and lagging new construction all contribute to a seller’s market. Source: (yi sk / Unsplash). Seller’s market: The odds are in your favor.

Marketing 111

Marketing Sales Agents Construction 111

HomeLight

APRIL 27, 2022

We might need some flexibility on closing time. We might need what we call a leaseback,” or a rent-back , in which the seller leases the house back from the buyer until their new home is ready. Some people are charmed by older houses with a lot of history, and others prefer new construction.

Renovation 105

Renovation Agents Sales Rent back 105

HomeLight

MARCH 31, 2021

Let’s take a look at some factors that may contribute to an inventory shortage: An insufficient supply of new builds to close the gap: When builders aren’t keeping up with buyer demand, the result intensifies a housing imbalance. Consider negotiating a rent back when you sell to give you extra time to find your new home.

Marketing 98

Marketing Banks Land Sales 98

HomeLight

MAY 24, 2022

Among survey participants, 23% agreed to a closing timeline preferred by the seller which would be more convenient if you’re waiting to move into your new house. A brand-new house is another option, but supply chain problems, labor shortages, and zoning issues are impeding construction. Buyer concessions offer convenience and savings.

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Pre-approval Equity Agents Closing costs 98