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Navigating Bidding Wars During a Hot Real Estate Market

RIS Media

As the real estate market continues its hot streak, homes are selling faster and receiving more offers than ever before. But if your market is like Bolin’s, where a home can sell within a day of being listed, then you may have to explore some even more proactive options to find your client a home. Finding Homes for Your Clients.

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Are HUD Homes a Good Deal? How to Tell If the Properties Are a Fit

HomeLight

You may also experience less competition from other owner-occupant buyers for HUD Homes than in the traditional real estate market. The forfeiture of earnest money deposits document means that HUD can retain your 5% deposit if you do not fulfill your end of the sales contract for some reason not already outlined in the contract.

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How to Sell your Home for Cash: The Process!

CT Homes

In many markets property values have taken off to levels not seen in well over a decade. Depending on your financial situation and the growth of your market it may be a great time to explore cashing out and selling your home. Even if the market is in demand, buyers are not going to just recklessly submit an offer.

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Fighting Against Real Estate Fraud

The Residential Specialist

But in challenging markets with low inventory and high interest rates, it pays to stay wary. In her market, doing business with people you don’t meet face-to-face is common. She also personally experienced an attempt to pull a bait-and-switch with deposits. Everything looked completely legitimate.

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How to Get Cash for Your Home: A Step-by-Step Guide

HomeLight

If the whole house has been renovated recently and the seller wants full market value, they’re typically better off working with an agent.”. Step 2: Research your local cash buyer market. This can save you time and money —a study we conducted found that on average, homeowners spend nearly $5,500 prepping their home for the market.

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Meet the Software Engineer Who Used Crypto to Buy His $650,000 Dream Home

Realtor.com

But then his ideal home came on the market. To afford the $650,000 home, Leonard opted to use his cryptocurrency investments to cover a down payment and as proof of funds for the mortgage he took out to buy the home — he opted for a mortgage, rather than buying the home outright, because of the low interest-rate environment.

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How to Buy a House in 15 Steps: The Ultimate Guide

Redfin

You want to look for a real estate agent that understands the local market and can advocate for you during the homebuying process. Your real estate agent will know what is best for the housing market conditions. What’s an earnest money deposit? What is a home inspection contingency?