HomeLight

JUNE 19, 2023

It’s a plot of land. It makes you wonder: what’s the process for buying land with cash? Tell us a little bit about your plans (where you’re looking to buy and when you want to make a purchase) and we’ll connect you with top-rated buyer’s agents in your area. This isn’t the Land Rush of 1889.

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Land Proof of funds Purchase and sale agreement Title 111

Housing Wire

DECEMBER 8, 2023

Topics include: Real estate license law, agency, contracts, real property, ownership, taxes, water law, land development and zoning, deeds and title transfer, escrow and settlement, fair housing, leases & more AZ Contract Writing Course: 6 hrs of required instruction.

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HR Purchase and sale agreement Pre-approval Staging 434

Toronto Realty Blog

OCTOBER 10, 2023

TorontoRealtyBlog I’ll tell you which call I have not received in quite some time: the good, ‘ole, “power of sale” seeker. A power of sale can come in many different shapes and sizes. There’s a common misconception that all power of sales are for run-down properties, but they’re not.

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Purchase and sale agreement Sales Due diligence Title 79

HomeLight

OCTOBER 30, 2020

But is the cash closing process always seamless? A cash deal can close in as little as 7 days, while financed home purchases tend to take an average of 45 days to close. Cash purchases, too, can get held up by a range of potential delays. Why do sellers love cash so much? Because it’s fast. Not always!

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Closing Inspection contingency Title search Purchase and sale agreement 116

HomeLight

NOVEMBER 29, 2021

Plus, down payment and closing costs in New Jersey can set you back thousands of dollars. The amount varies, but it is usually based on a percentage of the home’s purchase price. It stands to reason that If a home is close to amenities, the price will be higher than in areas further out of town. What is down payment assistance?

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Land Closing costs Purchase and sale agreement Loans 110

HomeLight

MARCH 13, 2023

A cash sale may provide the speed and efficiency you need. Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. Receive your offer within a week and close in as little as 10 days. In this article, we explain how to find and sell to a Los Angeles area cash home buyer.

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Sales Purchase and sale agreement Due diligence Inspection 105

Realty Biz

MAY 1, 2022

To make an informed decision, it’s important to understand the following: 1) What is the inventory of houses for sale? Escalation clauses are often included in house purchase agreements to allow you to go over other offers by a set amount of money. Give The Seller Their Desired Closing Date. Is it risky?

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Purchase and sale agreement Rent back Inspection Pre-approval 145

The Close

DECEMBER 12, 2024

Ill explore exactly what a probate lead is, the pros and cons of probate leads and properties, and how to find and purchase them. In most cases, probate leads refer to real estate properties that become available for sale as part of the legal process following an individuals passing. What is a Probate Lead?

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Purchase and sale agreement Investor Probate sale Due diligence 70

CT Homes

OCTOBER 28, 2021

When buying or selling a home, the topic of who pays closing costs is bound to come up eventually. Any real estate transaction will host numerous costs and fees that will be factored into the purchasing process on top of the property’s value. We’ll also settle once and for all who usually pays closing costs: the buyer or the seller?

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Closing costs Closing Purchase and sale agreement Title 75

HomeLight

MARCH 31, 2022

Cash offers or flexibility in choosing a closing date can also be attractive enticements to a seller. But one of the most influential bargaining tools is eliminating contingency clauses, especially the seller contingency clause, also known as the home sale contingency. Why would you want a home sale contingency?

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Home sale contingency Sales Purchase and sale agreement Inspection contingency 104

Toronto Realty Blog

JANUARY 16, 2025

This story brings us back to last summer when a client of mine purchased a small west-side home and, upon closing, the listing agent had some very interesting ideas about how to go about making up his financial loss on the property. But two days before closing, Ron emailed me an Amendment and it was bizarre. It’s fine.

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Closing Purchase and sale agreement Brokerage Mortgages 59

HomeLight

AUGUST 16, 2021

Between searching for, viewing, negotiating , inspecting, and possibly renegotiating on a home, the road to the closing table is rarely a short one. And if the house you’ve landed on is listed as a short sale, you could be in for a long ride. What exactly is a short sale? It’s a long sale.

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Short sale Sales Purchase and sale agreement Banks 105

Marco Santarelli

AUGUST 28, 2020

But with a 1031 exchange , you get to defer paying those taxes if you reinvest the proceeds in a new property, making an “exchange” rather than a sale. A simple definition of 1031 exchange properties is the property being sold and the property being purchased in accordance with Section 1031 of the tax code. Delayed 1031 Exchange.

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Investor Purchase and sale agreement Title Land 137

Realty Biz

SEPTEMBER 14, 2021

In some places, active under contract indicates that a contract has been signed but is contingent on certain conditions being met before the sale is finalized. In other locations, the sale may be referred to as being contingent in the multiple listing service (MLS). The seller has agreed to accept a contingent offer from the purchaser.

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Backup offer Purchase and sale agreement Inspection Sales 126

Redfin

MARCH 29, 2021

Buying land involves a different set of considerations than buying a residential property. If you have dreams of finding a special piece of land and building a home perfect for you and your family, you’ll want to think about a number of things before making your purchase. How will you finance the land? .

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Land Purchase and sale agreement Finance Development 66

HomeLight

JUNE 13, 2022

You need to save up money for a down payment and closing costs (which are calculated as a portion of your purchase price), but home prices just keep going up — so when you finally reach your goal, you realize that the goalposts have moved, and the hill is even taller than you thought. Let’s dive right in! Why rent to own?

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Purchase and sale agreement Loans Inspection Closing costs 116

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. Real Estate Agent. Matt Laricy.

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Purchase and sale agreement Title Short sale Closing 97

The Close

NOVEMBER 27, 2023

But, after developing some simple strategies to keep leads from slipping through the cracks—and focusing on some basic sales techniques instead of blaming my lead sources—my conversion rate skyrocketed. But we don’t reap any of the benefits until a lead becomes an actual sale. You just jumped from one closing for 250 leads to ten!

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Closing Purchase and sale agreement Agents Staging 85

HomeLight

MARCH 31, 2021

With rent-to-own homes , you get to try the home on for size while holding the door open to purchasing the home later. This method of buying a home can be more complicated than a straightforward home purchase, and it’s not a widely used technique. Source: (LinkedIn Sales Solutions / Unsplash). If so, consider the offer.

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Purchase and sale agreement Closing costs Loans Equity 98

Marco Santarelli

SEPTEMBER 6, 2023

Introduction Investing in land is a significant financial decision that can yield substantial returns if approached with careful consideration and strategic planning. One crucial aspect to address is determining “How Much Over Assessed Value Should You Pay for Land?”

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Land Purchase and sale agreement Investor Development 52

The Close

AUGUST 9, 2022

The benefit of a 1031 exchange is that it defers the taxes that would normally be paid on the capital gains from the sale of a property. 9 Skills Agents Need to Work With Investors & Close 50-100 Deals a Year. The proceeds from the sale may not be received by the seller. How 1031 Exchanges Work + Examples.

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Purchase and sale agreement Principal Investor Title 90

HomeLight

APRIL 29, 2022

And if everyone involved isn’t aligned from the start, you can end up disagreeing on important details when it comes time to sell — potentially wrecking the sale and wasting all of the owners’ valuable time. Fortunately, there are ways to set up a smooth sale on a co-owned property. Joint Tenancy.

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Tenancy in common Purchase and sale agreement Title Sales 105

HomeLight

JUNE 30, 2021

There’s more that goes into making an offer besides landing on a purchase price. This is usually the biggest purchase and sale someone makes in their life. Remember, your offer becomes your legally binding purchase contract. Step 1: Land on your offer price. Saadeh in New Jersey. Where is the house?

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Purchase and sale agreement Inspection contingency Home sale contingency Inspection 98

HomeLight

APRIL 28, 2023

When the time comes to move, some tenacious homeowners in Texas are eager to take over the reins of their home sale and figure out how to sell a house by owner. Often, the decision to go for sale by owner (or “FSBO”) is motivated by a desire to save on agent commissions. That 6% is deducted from the seller’s proceeds at closing.

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Purchase and sale agreement Inspection Title Inspection contingency 102

Redfin

MARCH 3, 2022

Once your offer has been accepted, the excitement kicks in, and the countdown to closing begins. But before you can get your keys, you’ll want to be cautious of any roadblocks or setbacks that could cause a delayed closing and postpone your move-in date. So how can you avoid a delayed closing? What does delayed closing mean?

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Closing Title search Purchase and sale agreement Title 63

The Close

NOVEMBER 7, 2024

While The Close likes to keep our articles short, this topic needs a bit more explanation, but trust us, it will be worth your while. Have a clear investment strategy and long-term goals before purchasing. Next, draft an operating agreement that outlines your company’s purpose, structure, and governance.

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Hard money loan Purchase and sale agreement Investor Due diligence 91

Realty Biz

APRIL 26, 2022

Real property includes land plus the buildings and fixtures permanently attached to it. Personal property is property that is not permanently affixed to land (e.g., Lots of home purchases include personal property. In some cases, it can be appropriate to include a separate bill of sale for personal property.

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Purchase and sale agreement Land Closing Residential 79

HomeLight

OCTOBER 12, 2022

With median sales prices rising 24.2% Some states have requirements for disclosing issues affecting the land or additional disclosures specific to that state. Buyers need to know what they’re getting and not discover major detrimental issues after the sale that are expensive to fix, like a sinkhole or a foundation that’s been moving.

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Seller disclosure Purchase and sale agreement Homeowner’s association Inspection 111

HomeLight

MAY 23, 2022

HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. Skip repairs and close in as few as 10 days. Median sales price in North Carolina. Real estate attorneys are considered essential for closing in the state of North Carolina. Sell 'As Is' With a Cash Offer. Disclosures.

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As-is Purchase and sale agreement VA loan Inspection 112

HomeLight

OCTOBER 17, 2022

HomeLight’s free Agent Match platform can connect you with a top-performing agent in your market who can help you navigate your entire home-selling journey — from disclosures to closing. Before entering into a purchase agreement, the seller must inform the buyer of any known lead-based paint hazards in the home. Find Agent.

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Purchase and sale agreement Due diligence Earnest money deposit Inspection 105

HomeLight

OCTOBER 17, 2022

What about the age of the water heater you purchased 11 or 12 years ago? You want to read in plain-speak what you are legally obligated to disclose to buyers — and if you acknowledge problems with your home, does that mean you’ll have to pour money into fixing them before you can close a sale? Find Agent.

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Purchase and sale agreement Seller disclosure Inspection Agents 110

HomeLight

APRIL 29, 2022

For married couples, buying a home together is an act of optimism and agreement. For this story, we are assuming the home was purchased by the couple and is joint property. If the divorce lands in court, the sale of the house and the division of the proceeds may be ordered in the consent decree. Get Estimate.

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Purchase and sale agreement Equity Sales Agents 105

Toronto Realty Blog

OCTOBER 19, 2020

I have a feeling that most of you would side with me on this one and think of “estate” as a piece of land. an extensive area of land in the country, usually with a large house, owned by one person, family, or organization. These sales can be anything from easy and common, to downright nightmarish.

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Sales Purchase and sale agreement Closing Land 52

Redfin

JULY 22, 2021

Property lines are necessary during construction by the developer, city, county, or state to show where ownership of one plot of land starts and ends. Property lines are in place to keep one property owner from encroaching on another owner’s land or compromising their privacy by building too close to their house.

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Purchase and sale agreement Land Title Construction 73

HomeLight

JUNE 8, 2023

A 1031 exchange allows investors to sell productive-use properties (meaning property you make money from such as apartments, rental homes, land, or office space) and buy another like-kind property (aka an investment property) while also deferring payment of capital gains taxes. What is a 1031 exchange? Let’s break this down.

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Purchase and sale agreement Title Investor Pre-approval 98

HomeLight

OCTOBER 20, 2022

If you’re considering selling your New Jersey home, you’ve probably wondered what kind of disclosure forms the Garden state requires and how much you need to know about the specifics of your home to successfully close a sale. If intentional omissions come to light during inspection or appraisal , they can jeopardize a closing.

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Purchase and sale agreement Inspection Construction Land 111

HomeLight

JUNE 14, 2022

Embarking on a sales transaction of that size calls for some planning, including understanding the costs, potential proceeds, and how long your home might be on the market so you can anticipate your next move. You can probably expect to run into these common expenses for home sellers in Chicago: Prepping your house for sale.

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Seller concession Purchase and sale agreement Closing costs Title 110