HomeLight

MARCH 2, 2023

People who live here love the proximity to some of the west coast’s best beaches, as well as being close to destinations like Disneyland, Joshua Tree National Park, and the deserts of Palm Springs. Closing costs in California average about 1% of the home’s sale price , and there are other pre-paid costs you might have as well.

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Closing Earnest money deposit Sales Inspection 118

First Team Real Estate

MAY 21, 2021

In order to get your home offer accepted in today’s tight seller’s market, you’ve got to be quick, smart, and totally in sync with your real estate agent. We can set you up for automatic alerts when new homes come on the market that fit your wish list, so you are instantly notified about new properties.

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Purchase and sale agreement Rent back Marketing Agents 98

Realtor.com

DECEMBER 10, 2020

In this market, trying to negotiate a sales price probably won’t get you far.”. But even in a seller’s market, there are myriad opportunities to negotiate, from requesting home repairs to offering a speedy closing. Time to close. Pay close attention to the needs of the seller in regard to timelines,” Arienti says.

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Closing costs Inspection Closing Rent back 142

RIS Media

JULY 8, 2021

When navigating highly complex, multiple-offer negotiations in the current real estate market, it’s important for agents representing buyers to be prepared, proactive, and provide the best chance to win a bid for their dream home. Your agents should employ strategies that will give them and their clients a leg up in the market.

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Marketing MLS Agents Rent back 105

HomeLight

APRIL 29, 2021

From cocktail parties to backyard barbecues, it seems like everyone around you is talking about how hot the real estate market is. So does that mean you’re in a buyer’s market or a seller’s market? Like stock prices, the real estate market fluctuates. Seller’s market: The odds are in your favor. Home prices rise.

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Marketing Sales Agents Construction 111

HomeLight

JUNE 30, 2021

When you closed on your first home, you probably weren’t thinking that one day you’d want to sell. Getting the timing right — selling your old house, closing on a new house, and then moving into your new house — can be a challenge. But after a few years, it’s easy to outgrow your space.

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Rent back Inspection contingency Earnest money deposit Finance 105

HomeLight

MARCH 31, 2021

If these scenarios ring true, chances are you’re in the midst of a seller’s market. A seller’s market exists when there are more homebuyers than available homes. He explains what a seller’s market looks like and what to expect if you’re a homeowner thinking about selling in these ideal conditions.

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Marketing Banks Land Sales 98

HomeLight

APRIL 22, 2024

But there’s a catch: to turn a profit, cash-for-homes companies often present offers that are below market value. Receive your offer in 24 hours and close in as few as 10 days. The company will then schedule the closing date according to your schedule. No showings, no repairs, no open houses.

Rent back 111

Rent back Closing Sales As-is 111

Realty Biz

JULY 7, 2021

There may not be enough houses on the market right now, but more are coming on the market every day. It’s the preapproval letter that tells the seller that you’re serious about buying their home and highly likely to close the deal. When the market demands it, your highest offer should be at the high end of the market analysis.

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Inspection contingency Marketing Inspection Rent back 87

HomeLight

FEBRUARY 28, 2022

In a perfect world, you can put your current house on the market, sell quickly to get your equity out of your home to use for a down payment, and find your next dream home just as quickly. The challenge used to be getting a buyer to agree to allowing the seller to stay in the home past the closing date. Complicated logistics.

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Equity Debt-to-income ratio Closing Loans 126

HomeLight

APRIL 17, 2024

Both promise to buy your home for cash, and close quickly. Selling a home the traditional way can be stressful and time consuming, especially in a shifting market. This enables you to skip many of the typical hassles of selling a house (repairs, showings, open houses), and close in as little as 10 days. What is Opendoor?

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Seller concession Inspection Rent back Closing 115

Realty Biz

MAY 16, 2021

“Timing a purchase and sale is incredibly difficult in most markets but especially when most sellers won’t accept an offer contingent on the sale of the buyer’s home,” he said of the reality of today’s market. If the buyer doesn’t want to give the seller a rent-back, they just won’t get their offer accepted.”.

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Purchase and sale agreement Rent back Sales As-is 74

Redfin

MAY 7, 2021

Homeowners in a seller’s market face a conundrum. You can expect high prices in a competitive housing market where homes are selling in record time. Here are six options to consider when deciding on selling and buying in a seller’s market. 6 options for selling and buying in a seller’s market.

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Purchase and sale agreement Marketing Equity Loans 80

HomeLight

AUGUST 17, 2022

In short, the market is what drives interest rates. And “the market” means everything from stocks to inflation to consumer spending habits — so when the Covid-19 pandemic hit and brought everything to a screeching halt, well, the powers that be had to do something to get dollars moving around again. Prime rates and the bond market.

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Mortgages Rent back Fixed-rate mortgage Banks 108

RIS Media

APRIL 18, 2022

Take time to understand the current housing market. You’ll want to be sure you understand the current market and what houses are available. Is it a buyer’s market or a seller’s market? Is it a buyer’s market or a seller’s market? All real estate is local, after all.

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Pre-approval Backup offer Due diligence Rent back 119

HomeLight

JULY 29, 2022

Each option may have advantages that depend on market conditions. Our Home Value Estimator 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. Start by understanding the market. In a buyer’s market.

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Debt-to-income ratio Loans Rent back Agents 111

HomeLight

APRIL 21, 2022

To help you evaluate your first offer, we’ll walk you through key consideration points, how to weigh the strength of the offer, encourage you to assess your objectives, and how to factor in market conditions. Your house has been on the market three months or more. You found your new home and want to avoid carrying two mortgages.

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Inspection contingency Home sale contingency Pre-approval Agents 111

HomeLight

AUGUST 16, 2022

We’ll get into more details shortly, but it is safe to say that market activity is to blame (or thank!) Interest rates adjust based on how the overall market is doing. The International Monetary Fund has a great explainer on these market ups and downs if you’re up for some further reading. Why did mortgage rates rise?

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Mortgages Fixed-rate mortgage Agents Rent back 135

The Close

APRIL 28, 2022

In today’s tight inventory market, trying to help buyers with financing and limited funds feels a little like getting into a boxing match with Mike Tyson. Here are the top 10 that have helped my team successfully beat out cash offers—yes, even in this red hot market. We are not offering legal advice. Here’s how it works.

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Rent back Closing costs Finance Agents 105

First Team Real Estate

MAY 25, 2021

Southern California home prices hit an all-time high this April as the hot seller’s market got even hotter. Bidding wars are extremely common across the Southern California housing market as tons of buyers compete for limited inventory , helping to drive up median prices. Becky Beavers of DQNews says the 20.2%

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Rent back Closing costs Sales Mortgages 98

HomeLight

JANUARY 7, 2022

The condition of the house you own: This will factor into how fast your home will sell in the current market and if you might encounter any issues as you list your home. Your timeline: Do you have any flexibility around moving and closing dates? Enclave Team. Real Estate Agent. Enclave Team. Real Estate Agent at RE/MAX Results.

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Equity Loans Debt-to-income ratio Closing 105

HomeLight

MARCH 31, 2022

leading to bidding wars in many of the major markets. For instance, getting preapproved for a mortgage is imperative in the 2022 tight market. Cash offers or flexibility in choosing a closing date can also be attractive enticements to a seller. You generally see those in a normal market.”

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Home sale contingency Sales Purchase and sale agreement Inspection contingency 104

Redfin

FEBRUARY 2, 2021

What is a Seller’s Market? A seller’s market is when there are more homebuyers in a particular area looking to purchase a home than actual houses listed for sale. A seller’s market usually results in rising home prices and stiffer competition among homebuyers. How has the pandemic affected the market?

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Pre-approval Purchase and sale agreement Marketing Inspection contingency 66

HomeLight

APRIL 29, 2021

You’ll simply show the house to a few buyers, pick the best offer, wait for closing, and pocket some cash. “Sellers don’t always understand the condition that their property should be in bringing onto the market,” says Thompson. Closing can take more than a month. Landscaping: 100 %. Garage door: 94%.

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Purchase and sale agreement Pre-approval Inspection Inspection contingency 98

HomeLight

OCTOBER 1, 2020

Here’s how it works: The appraiser will find at least three nearby comparable homes ( “comps” ) that are about the same size and age as yours, which were sold recently (typically within the past three to six months), and the appraiser will then use regression models and their market knowledge to come up with the value of your coveted property.

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Purchase and sale agreement Short sale Rent back Sales 98

HomeLight

NOVEMBER 30, 2023

Find a Buyer's Agent Step 1: Prepare before you buy Whether you take a few weeks or a few months to prepare to enter the housing market, use this time to better position your eventual offer. Sellers typically favor buyers who have more cash to put into the purchase — this reassures them that the deal is more likely to close.

Rent back 85

Rent back Agents Renovation Mortgages 85

HomeLight

MARCH 28, 2022

Close in as little as 10 days. Otherwise, it’s possible that you would need to pay money at closing to settle up. 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. How’s the real estate market?

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Purchase and sale agreement Agents Equity Staging 119

HomeLight

MARCH 20, 2023

They’ve accepted an offer and set a closing date, thus their current home sale just needs to be “settled” in order for the purchase of the new home to go through. Their home may be on the market, but they do not have buyers. Sellers may be especially agreeable to a home sale contingency if: The local real estate market is slow.

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Home sale contingency Purchase and sale agreement Sales Earnest money deposit 105

HomeLight

JANUARY 28, 2021

What’s more, 48% of agents believe home values in their market will continue to climb over the next six months, and 46% noted bidding wars were increasing in their market. As first timers enter the market, they don’t unlock any inventory when they make a purchase. year over year in December 2020 to $309,800.

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As-is Purchase and sale agreement Agents Equity 105

HomeLight

FEBRUARY 4, 2022

But for buyers especially, a good agent can make all the difference — they’ll simplify the process and not only make sure you find the right home for your lifestyle and budget, but they’ll also be able to help you make the most of current market conditions and maximize your dollar. Agents really know the real estate market.

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Agents Purchase and sale agreement Due diligence Inspection 115

Real Trends

MARCH 3, 2022

No matter how much prep, effort and marketing you’ve put into your listing, it’s likely to sell quickly and for over-list price in this seller’s market, which is nothing to brag about. . When you’re the listing agent: Please don’t list and ghost.

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Agents Due diligence Inspection Rent back 104

HomeLight

AUGUST 26, 2021

He says that in the 2021 housing market, “Sellers are really trying to hold out for multiple offers and to use that to bid against each other.” If you’re in a hot market, it could take a few days to hear anything. You might not hear back at all, that said! The market is busy. The seller is fielding multiple offers.

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Short sale Banks Agents Rent back 105

HomeLight

AUGUST 31, 2021

Cash offers are more popular in some markets than others; for buyers trying to find a house in an area where cash offers are prevalent, competing against those offers can be a discouraging part of the homebuying process. Keep in mind that the number of cash offers floating around fluctuates with the market and at different price points.

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Due diligence Inspection Pre-approval Pre-qualification 106

HomeLight

MAY 24, 2021

If you’re looking to buy in 2021, then you already know that the market is white-hot. That means it’s a prime seller’s market — and a potentially tough go for hopeful buyers. So how can you be prepared to pounce with the right offer over asking price when you see that dream home hit the market? Perfect match, right? Not so fast.

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Pre-qualification Pre-approval Purchase and sale agreement Loans 111

HomeLight

SEPTEMBER 23, 2021

The time of year and market conditions you list your home in can significantly impact your sale speed and price. Real estate is hyperlocal — you need to understand your local market’s nuances, inventory, and demand to determine the best time to sell. Analyze the market — but know you can’t predict its movements.

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Rent back Home sale contingency Sales Agents 98

Redfin

MAY 27, 2021

It’s no secret that the US housing market is fiercely competitive right now, with homes selling faster and for more money than pre-pandemic levels. In the super hot Seattle housing market , the best offers have an escalation increment to show how willing the buyers are to increase their offer.

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Agents Rent back Inspection Closing 66

HomeLight

FEBRUARY 28, 2021

What if you could live in a Norman Rockwell painting, a slice of Americana closely tied to our nation’s capital? Small-town charms and big-city conveniences beckon buyers in search of proximity to the nation’s capital, plenty of lifestyle perks, and a thriving economy and job market. on the southwestern bank of the Potomac River.

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Earnest money deposit Land Residential Inspection contingency 105