HomeLight

AUGUST 31, 2021

Clear title: The cash buyer will require a title search to make sure that you can convey the property free and clear of any clouds or judgments against the property, such as mechanic’s liens, unpaid taxes, or boundary encroachments. Now we’re seeing a lot of these investors coming in at market value.”.

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Proof of funds Investor Due diligence Title 144

The Close

JANUARY 21, 2025

Wholesaling is a real estate investment strategy where an individual (the wholesaler) finds and contracts a property, typically at a significant discount, and then assigns or sells the contract to another buyer (typically an investor) for a profit. The buyers are not always investors. Sometimes, theyre homeowners or other wholesalers.

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Investor Title Renovation Due diligence 96

HomeLight

FEBRUARY 14, 2022

One investor I work with works solely in the rent-to-own arena, because they have it as their mission to supply good and fair housing to people who don’t have the means to purchase right now,” says Labus. Her investor client believes that everyone deserves to live in a place they can be proud of and be treated with dignity.

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Purchase and sale agreement Due diligence Finance Equity 109

HomeLight

JULY 25, 2023

Cash investors typically pay anywhere from 50% to 70% of market value. Appraisal House-buying companies and investors may or may not perform a traditional appraisal. Title search The cash buyer will require a title search to make sure that you can convey the property free and clear of any claims or judgments against the home.

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Title search Staging Closing costs Title 98

HomeLight

JULY 31, 2021

With the help of a local real estate agent and some seasoned San Antonio real estate investors, we created this guide to give you a head-start to finding a San Antonio cash buyer for your home. Affordable housing sparks investor activity in San Antonio. Affordable housing sparks investor activity in San Antonio.

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Investor Title Sales Due diligence 111

HomeLight

MARCH 13, 2023

We’ve gathered insights from top real estate agents and investors to create this guide navigating Orlando’s cash home buyer market so you can sell your property in as fast a timeframe as you require. But Orlando’s cooling real estate climate with interest rates that nearly doubled since last year has taken its toll on investor activity. “In

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Sales Investor Due diligence Renovation 98

HomeLight

MAY 28, 2021

However, it’s vital to do your due diligence before buying a home as-is to protect yourself or you might just end up wasting your investment on a money pit. Many as-is home sales target professional investors looking for a cash purchase or rehabbers (think the TV show Flip or Flop ). Conduct a title search.

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As-is Inspection Title search Inspection contingency 100

The Close

FEBRUARY 19, 2025

Whether youre a new or experienced real estate investor, you may have asked, What is a real estate short sale? Therefore, knowing market conditions and regulations surrounding short sales is essential for real estate investors and agents. Inspect the property’s condition, title, and existing liens or encumbrances.

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Short sale Sales Due diligence Purchase and sale agreement 52

HomeLight

MARCH 16, 2023

The Greater Houston area is expected to continue being a hot investor marketplace this year as its 7.2 Learn more: 7 of the Top We Buy Houses for Cash Companies in Houston However, first-time or fair-weather investors facing high interest rates and inflation have created some challenges in the Texas market.

Sales 93

Sales Purchase and sale agreement Earnest money deposit Investor 93

Realty Biz

FEBRUARY 1, 2024

Whether it's a first-time homebuyer or an experienced investor, a buyer's agent plays a crucial role in guiding clients through the complexities of the real estate market. Due Diligence and Research Buyer's agents are critical in guiding buyers through due diligence. The goal is to obtain a clear title report.

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Agents Due diligence Purchase and sale agreement Inspection 68

Marco Santarelli

AUGUST 16, 2024

But the road to property ownership is often paved with the daunting reality of high prices, especially for aspiring investors with limited capital. Fear not, intrepid investor! Due diligence is paramount: Thorough inspections and title searches are essential to uncover potential liens or hidden issues.

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Due diligence Purchase and sale agreement Renovation Title search 52

HomeLight

OCTOBER 5, 2020

Before you bid, it’s a good idea to run a title search , which will give you an indication of any liens on the home. In a robust real estate market — one with lots of interested buyers, lots of investors , and lots of potential for profit — the number of bidders competing for the auctioned home can drive up the price.

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Due diligence Earnest money deposit Banks Inspection 72

Realty Biz

OCTOBER 26, 2022

These types of homes can be the perfect properties for both real estate investors and contractors to locate and purchase. Many homes are abandoned due to financial reasons, making them run down and in need of renovation. It is a type of property that requires more due diligence than others. How to Find Abandoned Homes?

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Due diligence Title search Inspection Investor 73

HomeLight

JULY 31, 2021

The main method is to request a cash offer from an investor or cash-buying company that will likely purchase your home “as is.” Your buyer could be an investor who plans to turn your home into a rental, an iBuyer (instant buyer) that provides quick offers online, or a house flipper who plans to remodel and resell the property for a profit.

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Earnest money deposit Inspection Inspection contingency Title 98

HomeLight

AUGUST 16, 2021

But this isn’t a time to skip your due diligence — be sure that you fully understand the rules of the auction and what the payment terms are if you’re the successful bidder. Buy title insurance. Though you’ve — hopefully — already had a title search conducted on the property, now is the time to purchase title insurance.

Title 111

Title Due diligence Finance Inspection 111

HomeLight

AUGUST 24, 2022

Simple Sale has a network of cash buyers on its platform, and partner investors have a wide range of investment strategies, including fix-and-flip and buy-and-hold. Individual investor fees may vary. Once the deal is closed, they work with investors to either resell or rent the property. Title search.

Closing costs 97

Closing costs Purchase and sale agreement Closing Staging 97

HomeLight

DECEMBER 7, 2021

It’s all up to the buyer to perform due diligence. The closing process also includes a title search and the buyer’s mortgage underwriting before the closing date. This can introduce you to a broad network of pre-approved cash buyers and investors. An alternative is HomeLight’s Simple Sale.

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Inspection Purchase and sale agreement Pre-approval Closing 105

HomeLight

APRIL 11, 2023

Partner investors have a wide range of investment strategies, including fix-and-flip and buy-and-hold. Individual investor fees may vary. They strive to present the highest possible offer to their clients by doing their due diligence and extensive research on the home and the current market. The company has 4.6

Purchase and sale agreement 98

Purchase and sale agreement Closing costs Closing Sales 98

Redfin

APRIL 13, 2022

You can also do a title search, by going through a title company , to ensure there are no extraneous liens on the property and that you’re working with the actual owner of the property deed, and that the property taxes are up to date. . Always do your own research and due diligence when choosing a program. .

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Purchase and sale agreement Equity Mortgages Due diligence 69

The Close

DECEMBER 29, 2022

This tool, also known as a like-kind exchange, allows investors to defer paying capital gains taxes on a sale. If you want to work with real estate investor clients, read our own Sean Moudry’s simple, yet thorough run down: “ How to Explain 1031 Exchange Rules to Your Clients.” Clear title. Due diligence period.

Purchase and sale agreement 98

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