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How Long Does a Short Sale Take? What to Expect When You’re Buying Short

HomeLight

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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Hit Them With Your Best Shot: How Much to Offer on a Short Sale

HomeLight

You know that old saying, “when one door closes, another one opens”? But what if it’s a different kind of sale … for example, how much should you offer on a short sale? So it’s a cycle of closing old chapters and starting new ones — and that doesn’t always happen in a clean-cut, seamless way.

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17 Home Closing Delays and How You Can Avoid Them

HomeLight

Closing on a house seems pretty straightforward. There’s a house for sale that you want to buy. Once the buyer and seller sign the contract, the closing process begins — and therein lies the rub. So the answer to “how long does it take to close on a house?” How it can delay closing. Easy, right? Yeah, not so much.

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9 Tips for Buying a Preforeclosure (Especially If It’s Your First)

HomeLight

As youre getting familiar with the lay of the land eyeballing homes that seem to meet your criteria and fit your budget , daring to let yourself feel excited about the possibilities maybe you stumble upon a listing marked as a preforeclosure. The nature of a short sale is that the homeowner owes more than what the home is worth.

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Karen Copeland of First Team Real Estate Closes $5.3 Million Commercial Sale

First Team Real Estate

Million, with both sides, the gross sale amounts to a total of $5.3 The 7-unit shopping center consisted of 2 buildings totaling 8,850 square feet on one acre of land adjacent to the I 15 Freeway offramp. Selling the center for the full list price of $2.65 The cap rate is 5.5% and the shopping center is fully leased.

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How to Up Your Community Involvement

RIS Media

When the pandemic began, we looked for ways to bring some joy into people’s lives, and we landed on a few ways that seemed to help. As for the adults, we offered free trivia Zoom events, where we hired a local “trivia guy” who wasn’t able to work due to the bars being closed.

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What Does Pending Mean in Real Estate?

HomeLight

You’re browsing home listings, and your eyes land on a beautiful house in your price range. In real estate, “pending” means a seller has accepted an offer, and the property is under contract , but the sale hasn’t yet closed. If everything goes smoothly, the sale could close faster. Can you still make an offer?