Housing Wire

FEBRUARY 19, 2025

Secure a mortgage pre-approval As a rule of thumb, its best to have your clients obtain a mortgage pre-approval prior to setting up any searches and conducting property tours. Required documentation Save your clients some time by providing them with a list of the documents theyll need to get pre-approved.

Closing 228

Closing Earnest money deposit Due diligence Pre-approval 228

The Close

FEBRUARY 20, 2024

Competition is lower for a home, and the number of days on market increases for listings. A buyer’s market can be determined by calculating the months of inventory. Anything more than six months is traditionally considered a buyer’s market. In this scenario, sellers have the upper hand in negotiations.

Marketing 98

Marketing Debt-to-income ratio MLS Pre-approval 98

HomeLight

FEBRUARY 8, 2023

Seller concessions: Depending on whether issues are found during the home inspection process, the seller may have to come up with funds at closing to cover any necessary repairs. It may be worthwhile to get a pre-listing inspection to rule out any major issues.

Purchase and sale agreement 105

Purchase and sale agreement Inspection Investor Agents 105

HomeLight

SEPTEMBER 30, 2022

Marketing your home is time-consuming. Not having agent representation could also lead to paying more in seller concessions. In Wisconsin’s shifting market, “Condition is really going to drive days on market ,” Labus says. Invest in an appraisal or pre-inspection. Things are still very much selling.

Purchase and sale agreement 104

Purchase and sale agreement MLS Agents Inspection 104

HomeLight

OCTOBER 14, 2022

With an average of 59 days on market, she sells properties 51% faster than the average agent. Forrester says Pennsylvania FSBO sellers she encounters typically choose that route “because they want to save money and they think that by not paying commission they’re going to come out ahead.”. Marketing your home is time-consuming.

Purchase and sale agreement 110

Purchase and sale agreement MLS Seller disclosure Agents 110