Toronto Realty Blog

MAY 31, 2021

How did you handle the closing? Did you buy a bottle of champagne for new owners and leave it with a hand-written note on the kitchen counter, after having the property professionally cleaned, despite that not being specified in the Agreement of Purchase & Sale? But first, let me back up a moment.

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Toronto Realty Blog

JANUARY 27, 2023

Let’s say that your home in listed for sale and you receive an offer, but the offer has a condition. If you want to work with the buyer and their offer but you’re a little weary of tying the property up for so long, then you insert an escape clause that allows you to potentially get out of the agreement.

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Lighter Side of Real Estate

SEPTEMBER 11, 2020

However, not all homes for sale are perfectly staged with pristine mid-century modern kitsch, and some are completely empty. Renovations are fast, easy, and cheap. In reality, renovations can be time-consuming, complicated, and—with some exceptions—fairly expensive. Fresh Prince Room GIF from Freshprince GIFs.

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Purchase and sale agreement Title search Staging Renovation 145

HomeLight

JULY 29, 2022

If you’re in this demographic and looking for a house in retirement, chances are your priorities have changed from when you purchased your first home. This is why purchasing a home in an area where property values are on the rise can be a smart and profitable move. Customization/renovation to meet needs later on.

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Realty Biz

JANUARY 19, 2024

From three decades working as a Realtor, there are common denominators for first-time home buyers going through the purchase process with ease. This includes understanding the terminology, legal aspects, and financial considerations of purchasing a property. Take a close look at your income, expenses, and existing debts.

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Debt-to-income ratio Pre-approval Purchase and sale agreement Inspection 100

HomeLight

MAY 15, 2024

We Buy Houses companies in Katy specialize in making all-cash offers for homes that often require some renovations. Are you looking to make a fast home sale because you are starting a new job, struggling with finances, or dealing with a frustrating divorce? Receive your offer in 24 hours and close in as few as 10 days.

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Purchase and sale agreement Renovation Closing Finance 111

HomeLight

APRIL 29, 2024

Cash deals are able to close in a few days to a couple of weeks — far faster than selling with an agent on the open market. However, the downside is that “We Buy Houses” companies tend to present offers that are below market value to factor in their renovation costs and profit margin. No showings, no repairs, no open houses.

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Purchase and sale agreement Renovation Closing Sales 111

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 Inspection Due diligence 105

HomeLight

FEBRUARY 29, 2024

In Odenville, homeowners seeking a quick sale find a viable option in “We Buy Houses” companies. Opting for a cash transaction provides immediate relief for individuals facing time-sensitive situations or lacking the financial means for renovations, allowing them to expedite their transition to the next chapter of their lives.

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Purchase and sale agreement Renovation Closing Sales 111

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? A short sale is anything but short,” cautions Sanders.

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HomeLight

MARCH 16, 2023

Do you need to connect with cash home buyers in Houston for a fast sale? Whatever your reason for needing a quick sale without making expensive repairs, Houston is teeming with cash home buyers ready to make you an offer no matter your home’s condition. Receive your offer within a week and close in as little as 10 days.

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HomeLight

NOVEMBER 13, 2023

When the clock is ticking on your home sale in Baytown, We Buy Houses companies offer a compelling route with their all-cash offers, especially for properties that aren’t turnkey ready. We’ll explore the benefits and drawbacks, equipping you with the knowledge to decide if this is the right path for your home sale journey.

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Purchase and sale agreement Renovation Staging Closing 111

HomeLight

FEBRUARY 14, 2022

These possibilities can be stipulated in the rent-to-own agreement — which is also sometimes referred to as lease-purchase, or a lease-option agreement. With a rent-to-own or a lease-purchase agreement, however, the tenant has already agreed to buy the home after a specified period. Margaret Labus. Margaret Labus.

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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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The Close

MARCH 13, 2025

Selling a house with tenants in place can add an extra layer of complexity to the sale of an investment property. For a smooth sale, you will want to do all you can to minimize the impact on the tenant while maximizing your profitability during the sale. Knowing the type of lease will help you determine your legal options.

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Investor Purchase and sale agreement Staging Sales 52

GeekEstate

OCTOBER 29, 2021

This market map real estate technology companies operating across every phase of the home purchase value chain. For instance, while Blend’s original product focused specifically on the mortgage point-of-sale, the company has since expanded to offer title services, home insurance and closings.

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Technology Marketing Purchase and sale agreement Equity 136

HomeLight

JUNE 19, 2023

Basically, a rent-to-own real estate purchase means that you can live in the house as a renter with the intent to close on the home at a date in the future. Lease purchase: This type of contract requires the buyer to purchase the property at the end of the contract term. Get Started What does rent-to-own mean?

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HomeLight

JULY 31, 2022

Even before you decided to put your home up for sale, you probably knew making minor repairs and sprucing up your home would increase the chances of attracting the right buyers and getting a great offer. So how can you know what kind of repair issues could potentially derail a sale — before you even have an offer?

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HomeLight

APRIL 5, 2022

These businesses make a lot of promises that can sound pretty good to a seller in a pinch; a fast and flexible closing process, no necessary repairs, and most appealing of all, a cash offer in hand. Then, ask the agent how many sales they’ve had in the year and what their references are. But are these promises too good to be true?

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HomeLight

DECEMBER 23, 2021

If you need help determining the taxes on the sale of your second home, HomeLight always encourages you to reach out to a tax advisor regarding your particular situation. . Made a rash purchase. This is a tax on any profits from the sale of a property that you’ve owned for one year or less. Selling your second home?

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Toronto Realty Blog

FEBRUARY 13, 2025

This analogy, of course, will really hit close to home with those who have children… Have you ever found your child, abnormally quiet, unusually polite, offering a forced smile, saying, “Everything’s fine! You know those houses that are listed for sale five times, by three agents, over fourteen months?

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HomeLight

SEPTEMBER 27, 2021

With a stellar offer in hand, you’re relieved to have the bulk of your home sale behind you. There are several steps ahead that could impact your ability to close, including the home appraisal. Unfortunately, appraisal issues aren’t so rare — especially in a hot seller’s market where bidding wars drive up sale prices.

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Purchase and sale agreement Inspection Residential Loans 141

HomeLight

JUNE 29, 2022

Before you post the “for sale” sign in your front yard, it’s important to prepare yourself for a critical part of the home-selling process : negotiating with buyers. The good news is that with a little planning and forethought, you can sit at the closing table with confidence, knowing your best interests are represented. Transactions.

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HomeLight

AUGUST 17, 2023

If you’re a homeowner in Memphis facing an urgent need for a quick home sale, you may have come across signs or ads for Tennessee-based “We Buy Houses” companies. A cash sale enables you to quickly receive proceeds from your home sale without having to invest time, expertise, or money into repairs and upgrades.

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Purchase and sale agreement Inspection Renovation Closing 98

The Close

AUGUST 6, 2024

As an agent and homeowner, I represented myself during the sale of my as-is property five years ago, and I’m going to help you be prepared to answer “How do I sell my house as-is?” The buyer ultimately assumes all risks and responsibilities for any issues that may arise post-purchase. ” for your clients.

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HomeLight

JANUARY 3, 2023

Year-over-year, monthly sales in the Phoenix metro area were down nearly 25%. Often, the decision to go for sale by owner (or, “FSBO”) is motivated by a desire to save on agent commissions. Once you’ve seen what’s required, you can roll up your sleeves and get started with your FSBO sale in Colorado.

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Purchase and sale agreement Inspection Inspection contingency MLS 115

HomeLight

MARCH 31, 2022

Early 2022 data from Florida Realtors® indicates a 23% increase in median sales price and a 33.3% With such impressive sales figures, some Florida sellers may be curious about how to sell a house by owner in Florida — a decision that could help them save on agent commissions. Average home sale price in Florida: $530,419 (Jan 2022).

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HomeLight

JULY 31, 2020

Real estate purchases made entirely with cash are rumored to create big benefits for homebuyers. With the help of Brad Graves , a top real estate agent in San Antonio, Texas , and some recent national home purchase data, we’ll examine the pros and cons of all-cash offers. Pro #3: Quick, streamlined closing.

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HomeLight

MARCH 31, 2022

price increase , pushing median sale prices to upward of $350,000. With such impressive sales figures, some sellers may be curious about how to sell a house by owner in Arizona — a decision that could help them save on agent commissions. Median sales price: $449,900 (Feb. 2022 , a 28.5% increase from the year. Request Estimate.

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Purchase and sale agreement Inspection Inspection contingency MLS 110

HomeLight

NOVEMBER 9, 2021

So what happens next as you navigate the closing process as a seller? How soon will I receive my home sale proceeds? What taxes will I owe on my home sale? Escrow refers to a specific period of time between the offer and the close of sale in a real estate transaction. How soon will I receive my home sale proceeds?

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Realty Biz

JANUARY 10, 2023

The seller does not have to make any repairs before the sale, but certain disclosures are still made to the buyer. After the company has acquired the house, it will repair, renovate, and resell it to another buyer at a higher price. Step Three: Preparing The House For Sale. Step Five: Negotiating And Closing The Deal.

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HomeLight

AUGUST 24, 2022

Looking to connect with a Florida cash home buyer for a quick sale in the Sunshine State? HomeLight’s Simple Sale platform provides all-cash offers, giving clients a fast, stress-free home selling experience without having to worry about additional repairs or prep work and with no additional fees, commissions, or upfront costs.

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RIS Media

OCTOBER 14, 2020

If you agree to a sale price that’s less than the appraised value, you’ll have to pay the difference out of pocket. That may be a struggle if you’re already strapped by a down payment, closing costs and moving expenses. Higher Overall Cost. Borrowing more money also means you will pay more in interest over the life of the loan.

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Purchase and sale agreement Closing costs Equity Renovation 98

HomeLight

JANUARY 28, 2022

Commissions are typically calculated as a percentage of a property’s sale price, though some brokerages will charge a flat fee. of the home sale price, according to HomeLight’s real estate transaction data of thousands of home sales each year. The average real estate agent commission rate nationwide is 5.8% Average home price.

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HomeLight

JANUARY 25, 2021

According to a survey over 2,000 adults from real estate brokerage Coldwell Banker, 80% of Americans say they would prefer to buy a turkey home over one that requires renovations. A traditional sale might be what you had in mind when you originally bought your home. Is the property damaged or are you facing a personal emergency?

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Purchase and sale agreement Investor Inspection Due diligence 111

HomeLight

JANUARY 31, 2022

If you need assistance navigating the legalities of your sale, HomeLight always encourages you to reach out to your own advisor. works on many sales of rental properties. The most crucial factor is the type of rental agreement you entered into with your tenants. Options for handling tenants with a month-to-month agreement.

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Purchase and sale agreement Investor Sales Agents 98

HomeLight

JANUARY 28, 2022

We buy houses” companies are flippers who purchase properties “as is” for cash and renovate them, generating a profit at resale. We buy houses” operations are cash buyers or house buying companies that purchase homes directly from homeowners. Need a quick sale? Source: (Butterfly Moon / Unsplash).

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