HomeLight

APRIL 21, 2022

You found your new home and want to avoid carrying two mortgages. Your house has been on the market three months or more. Cash vs. financing : Cash offers usually result in a faster sale than mortgage-backed offers; if speed is an important aspect of the sale, this could make a significant difference.

Inspection contingency 111

Inspection contingency Home sale contingency Pre-approval Agents 111

HomeLight

JULY 25, 2022

Deduct your outstanding mortgage balance and any costs of selling you incurred (such as real estate commission, closing costs, title fees, repairs, prep, and staging). Forgiven debt can include a short sale, foreclosure, deed in lieu of foreclosure, or loan modification. Mortgage payoff (varies). It’s worth the cost.”.

Closing costs 111

Closing costs Equity Short sale Agents 111

HomeLight

DECEMBER 9, 2021

First thing’s first, a quick home sale should not be confused with a short sale. A short sale is something a homeowner can attempt when they are in financial distress. Find a top-rated agent in your area now.

Sales 105

Sales Short sale Agents Pre-approval 105

HomeLight

JULY 25, 2022

Like any investment, you don’t get profit if you hold it a short time.”. Here are some of the common concerns you may face: Cost of mortgage interest: At the beginning of your loan, a bigger percentage of your mortgage payment goes toward interest. You’ll need a knowledgeable agent familiar with your market to help guide you.

Closing costs 110

Closing costs Short sale Equity Sales 110

The Close

APRIL 30, 2024

The primary indicator is obvious: The house just sits on the market while everything around it is flying off the shelves. You must evaluate if a price reduction is necessary by looking at the absorption rate and the average days on market (DOM) for that location. copy to clipboard Short sale approach: Ms.

Agents 98

Agents Short sale Staging Sales 98

Realty Biz

JUNE 24, 2022

Miami-Dade County real estate posted its 10th-highest total existing home sales month in history and its second-best May sales month ever, according to the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system. Miami’s existing condo sales decreased 7.9% Single-family home sales decreased 12.3%

Sales 78

Sales Short sale Mortgages Fixed-rate mortgage 78

HomeLight

MARCH 18, 2022

Selling a house with a lien (besides your mortgage loan) can be another obstacle to prepare for. However, if you aren’t in a hot market, selling fast may take extra effort. Here’s how to sell fast on the open market: Step 1: Find an agent who has a low days on market average. Targeting strategic advertising times.

Inspection 105

Inspection Investor Sales Agents 105

HomeLight

APRIL 30, 2021

It also includes the sold date, the sale price as a percentage of the list price, and the days on market. Lenders require buyers who are getting a mortgage to obtain an independent, third-party appraisal prior to their home closing. Number of bedrooms and bathrooms. Square footage. Amenities such as a pool.

Marketing 111

Marketing MLS Agents Renovation 111

HomeLight

JUNE 19, 2023

The process of a cash offer in Florida In a cash sale, the buyer has the funds upfront to purchase your home, eliminating the need for a mortgage and the lengthy process that accompanies it. After assessing your home’s condition and market value, the cash buyer will make an offer. I would say it’s still robust.

Inspection 96

Inspection Staging Short sale Agents 96

Marco Santarelli

MARCH 15, 2021

In the past month, houses in the Philadelphia metro area sold for higher prices and that is mainly due to low mortgage rates and tight inventory. It is also the first time that the supply of homes available for purchase has fallen below 3,000 housing units for sale. Day On Market.

Marketing 126

Marketing Investor Sales As-is 126

Marco Santarelli

AUGUST 27, 2020

As more and more buyers enter the market the prices are going to increase due to tight supply. . For buyers, the inventory is relatively increasing and mortgage rates are lowest ever , so they should take advantage of scooping up their favorite deals which otherwise are taken away by seasoned investors in the bidding wars.

Marketing 128

Marketing Purchase and sale agreement Investor Sales 128

Broke Agent Media

MAY 23, 2023

months’ supply at today’s monthly sale pace. Home sales are bouncing back and forth but remain above recent cyclical lows. The combination of job gains, limited inventory and fluctuating mortgage rates over the last several months have created an environment of push-pull housing demand. month over month to 1.04

Sales 52

Sales Fixed-rate mortgage Days on market Short sale 52

HomeLight

DECEMBER 29, 2023

Fast facts about selling a house ‘as is’ in Minnesota Median sales price in Minnesota $334,900 Average days on market (DOM) for Minnesota 32 days Disclosures Minnesota law requires sellers to disclose material facts about the property through the Minnesota Seller’s Property Disclosure Statement.

As-is 111

As-is Inspection Finance Investor 111

HomeLight

MARCH 10, 2023

Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit. FHA 203K Mortgage : This option allows homeowners to finance up to $35,000 in repairs identified by an FHA home appraiser or inspector.

House Flipping 105

House Flipping Renovation Investor Finance 105

Marco Santarelli

SEPTEMBER 24, 2021

Homes typically sell after 42 days on the market. The median days on market in Scottsdale, AZ has remained stable over the last month and slightly decreased over the last year. Distressed properties such as foreclosures and short sales remained the same as a percentage of the total market in August.

Marketing 98

Marketing Investor Sales Residential 98

HomeLight

MAY 19, 2022

Median sales price in Maryland. Average days on market for Maryland. When you place your home on the market, it’s hard to predict if your top offer will come from a cash buyer or a buyer pre-qualified for a home loan. Fast facts about selling a house ‘as is’ in Maryland. Disclosures.

As-is 119

As-is Inspection Investor Closing costs 119

Marco Santarelli

SEPTEMBER 5, 2020

Even after suffering from the pandemic, the Phoenix housing market 2020 still comes out on top. As we saw Arizona real estate market thriving & becoming sizzling hot in the past couple of years, even the rise in mortgage rates was believed not to affect it. The average sales price is up +14.6% Short sales dropped -38.1%

Marketing 135

Marketing Purchase and sale agreement Investor Sales 135

HomeLight

APRIL 29, 2021

The number of days on market (DOM), which marks how long a home is on the market before the seller accepts an offer, typically drops. In a balanced market, marketing time typically lasts around six weeks , according to The National Association of Realtors® (NAR). In the early 1970s, the U.S.

Marketing 111

Marketing Sales Agents Construction 111

HomeLight

MAY 23, 2022

Median sales price in Indiana. Average days on market for Indiana. Indiana law requires sellers to disclose material facts about the property through the Seller’s Residential Real Estate Sales Disclosure. Fast facts about selling a house ‘as is’ in Indiana. Disclosures.

As-is 118

As-is Purchase and sale agreement Inspection Closing costs 118

HomeLight

MAY 23, 2022

Median sales price in North Carolina. Average days on market for North Carolina. 23 days (from listing to contract). When you place your home on the market, it’s hard to predict if your top offer will come from a cash buyer or a buyer pre-qualified for a home loan. 359,600 (April 2022). Disclosures.

As-is 112

As-is Purchase and sale agreement VA loan Inspection 112

HomeLight

MAY 23, 2022

Median sales price in Wisconsin. Average days on market for Wisconsin. 46 Days (from listing to contract). When you place your home on the market, it’s hard to predict if your top offer will come from a cash buyer or a buyer pre-qualified for a home loan. Fast facts about selling a house ‘as is’ in Wisconsin.

As-is 116

As-is Inspection Investor Closing costs 116

HomeLight

APRIL 29, 2022

Median sales price in Washington State. Median days on market for Washington. After six days on market, the property sold in cash for $258,000 with more than 10 offers. Let’s take a closer look at how to sell a house in Washington State, your options for getting an offer, and what to expect from the process.

As-is 95

As-is Purchase and sale agreement Investor Inspection 95

Marco Santarelli

SEPTEMBER 7, 2020

The biggest mistake buyers make is sitting around waiting for sale prices to decline while their potential mortgage payment plummets. The average interest rate on a 30-year fixed-rate mortgage fell to a record low of 2.88%. The 15-year fixed-rate mortgage dropped to 2.44%. The average days on market is 76.

Marketing 126

Marketing Investor Sales As-is 126

HomeLight

MAY 23, 2022

Median sales price in Massachusetts. Average days on market for Massachusetts. When you place your home on the market, it’s hard to predict if your top offer will come from a cash buyer or a buyer pre-qualified for a home loan. Fast facts about selling a house ‘as is’ in Massachusetts. Disclosures.

As-is 111

As-is Inspection Sales Investor 111

Marco Santarelli

MAY 31, 2022

On average, homes in Asheville, NC sell after 65 days on the market. The trend for median days on market in Asheville, NC is flat since last month, and slightly down since last year. Distressed properties such as foreclosures and short sales remained the same as a percentage of the total market in July 2019.

Marketing 104

Marketing Investor Sales As-is 104

Marco Santarelli

AUGUST 21, 2020

The median sale price was $346.5K. On average, homes in Miami, FL sell after 93 days on the market. The trend for median days on market in Miami, FL has gone down since last month, and slightly up since last year. More detailed Miami housing market trends and forecasts are given below.

Marketing 126

Marketing Investor Sales As-is 126

Marco Santarelli

NOVEMBER 27, 2021

The median sale price was $255.3K. On average, homes in Bakersfield, CA sell after 56 days on the market. The trend for median days on market in Bakersfield, CA has gone up since last month, and slightly down since last year. Homes for Sale in Bakersfield. The median listing price per square foot was $147.

Marketing 97

Marketing Investor Sales As-is 97

HomeLight

FEBRUARY 17, 2022

In Texas, it typically takes around 86 days — nearly three months — to sell a home on the market using an agent. That includes an average of 32 days on market , plus the typical 54 days a buyer needs to close on a purchase loan. 1% to 3% of sale price on top of commission. Title search. Agent commission.

Closing costs 97

Closing costs Closing Sales Staging 97

Marco Santarelli

JULY 9, 2021

With a strong economy and low mortgage rates, buyer activity has been very strong in 2021. Housing demand continues to rise, resulting in a scarcity of available inventory on the market. In May, homes spent a median seven days on market, which is down 56.3 Single family sales were up 10.7 Condo sales rose 98.3

Marketing 85

Marketing Purchase and sale agreement Investor Construction 85

HomeLight

AUGUST 10, 2022

Founded in 2014 , We Buy Houses Hotlanta is a family-owned operation that advertises Creative Real Estate and Short Sale certifications on their website. It’ll also buy from sellers in any situation such as being upside down on a mortgage. Cash House Buyers 4 You promises flexible closings in as little as seven days.

Purchase and sale agreement 97

Purchase and sale agreement Closing costs Closing Inspection 97

HomeLight

FEBRUARY 16, 2023

Perhaps you have a new job offer out of state and don’t want the stress of leaving a mortgage behind. Maybe you’ve inherited property that’s not in the best shape, and a quick sale is the simplest way to settle the debts of an estate. That’s a 173% increase from December 2021, which saw an average of 15 days on market, statistics show.)

Purchase and sale agreement 98

Purchase and sale agreement Closing costs Closing Sales 98

HomeLight

DECEMBER 6, 2022

They specialize in foreclosures and short sales. In Denver, it typically takes around 95 days to sell a home on the market using an agent. That includes 41 days on market plus the typical 54 days a buyer needs to close on a purchase loan. 1% to 3% of the home sale price on top of agent commission.

Purchase and sale agreement 98

Purchase and sale agreement Closing costs Closing Sales 98

The Close

DECEMBER 29, 2022

Furthermore, in today’s market, understanding our complex mortgage industry could actually help you close more deals and maybe even save clients money. So we’ve included a handy download with questions your clients should ask their mortgage broker. Adjustable-rate mortgage (ARM). Assumable mortgage. Amortization.

Purchase and sale agreement 98

Purchase and sale agreement Title Pre-approval Proof of funds 98

Marco Santarelli

SEPTEMBER 21, 2021

due to robust housing demand and low mortgage rates. The Detroit housing market forecast for the 3 years ending with the 3rd Quarter of 2021 is also positive. The median sale price was $95,000. On average, homes in Detroit, MI sell after 60 days on the market. Homes for Sale in Detroit. August 2019 was $43.

Marketing 111

Marketing Investor Residential Sales 111

Housing Wire

MAY 9, 2022

housing market is more tied to mortgage buyers. We are a monster compared to them in population and the majority of homebuyers in America use mortgages. When mortgage rates rise, two things always happen here in America. The days on market grow, which gives people more choices and less forced bidding.

Short sale 532

Short sale Mortgages Equity Sales 532