HomeLight

JULY 29, 2022

Our Home Value Estimator tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes. Financing is simple: You can use the cash from your sale as a sizeable down payment. Transition via rent back. Get Estimate.

Debt-to-income ratio 111

Debt-to-income ratio Loans Rent back Agents 111

HomeLight

MARCH 28, 2022

Simple Sale provides cash offers for homes nationwide for when a traditional listing doesn’t work. If you purchased the home recently, such as a year or two ago, it’s possible you haven’t built up much equity yet. Look-back: You did not exclude the gain from the sale of another house within two years from the sale of this house.

Purchase and sale agreement 119

Purchase and sale agreement Equity Agents Staging 119

HomeLight

MAY 24, 2022

Or the idea of cashing out the equity on your two-story home and downsizing to a single-level house sounds appealing. Sales of existing homes fell for the second consecutive month by 2.7% Sales dropped from March 2021 in all four major US regions. Prices in March 2022 were 15% higher than a year before for existing home sales.

Pre-approval 98

Pre-approval Equity Agents Closing costs 98

HomeLight

OCTOBER 1, 2020

If the appraiser only looked at sold listings while there are pending sales that might be more comparable to your would-be property, that’s something else that can affect a home’s appraised value. Short sales in the neighborhood . In some cases, short sales may be to blame for a low appraisal.

Purchase and sale agreement 98

Purchase and sale agreement Short sale Rent back Sales 98

HomeLight

APRIL 17, 2024

Alternatively, HomeLight can provide an all-cash offer to purchase your home through our Simple Sale platform. But their differences could make a difference in the success — and profits — of your home sale depending on your selling and moving objectives. When you sell, they deduct the costs from your sale proceeds.

Seller concession 115

Seller concession Inspection Rent back Closing 115

HomeLight

SEPTEMBER 23, 2021

The time of year and market conditions you list your home in can significantly impact your sale speed and price. Nationally, data points to November as the best month to sell if you’re looking to maximize your sales price, and July is the best month if you’re looking to sell fast. Source: (Icons8 Team / Unsplash).

Rent back 98

Rent back Home sale contingency Sales Agents 98

HomeLight

APRIL 27, 2022

You’ll get the estimated value of your home, the relevant parts of a comparative market analysis, a list of top local real estate agents, and an estimate on a cash offer through HomeLight’s Simple Sale platform. The best way to ensure that you’re setting the best price for your house sale is to work with a top agent.

Renovation 105

Renovation Agents Sales Rent back 105

HomeLight

JANUARY 4, 2022

While that still happens in scenarios where a seller can’t afford repairs or is facing serious issues with a property, cash sales have expanded beyond the distressed homes market, as sellers benefit from new technologies, instant sale platforms , and a competitive housing environment that has increased the percentage of cash offers.

Investor 98

Investor Finance Inspection Sales 98

Redfin

MAY 7, 2021

In a seller’s market, you may be tempted to put an offer on a home that’s contingent on the sale of your current home. Another option to consider is gap financing such as a Home Equity Line of Credit (HELOC) or a Bridge Loan. You can also consider requesting a rent-back agreement from potential homebuyers.

Purchase and sale agreement 80

Purchase and sale agreement Marketing Equity Loans 80

HomeLight

JANUARY 28, 2021

A report from CoreLogic recently revealed that homeowners enjoyed an average annual equity gain of $17,000 in Q3 2020, pushing equity levels to record heights nationwide. While low inventory translates to a fast and lucrative sale for you as a homeowner, it also puts you in a tough position if you’re trying to buy a new home.

As-is 105

As-is Purchase and sale agreement Agents Equity 105

HomeLight

JANUARY 28, 2022

Not only do they guarantee a cash sale, but they also extend a no-obligation offer and will close on the sale within 30 days. A quick sale is a big plus to working with these buyers, but that sale could cost you in the long run. There are times in life when you need cash in your bank account, not in a home’s equity.

Purchase and sale agreement 111

Purchase and sale agreement Investor Agents Sales 111

BAM Media

JUNE 14, 2024

additional sales from every listing we handle. I have learned to leverage this discomfort, transforming it into a sales-driving force. ” This establishes you as an agent who is not immediately going after the additional home sale. You can get a loan based on your current home’s equity and sell after you move out.

Sales 52

Sales Branding MLS Agents 52

HomeLight

APRIL 29, 2021

An ample supply (lots of homes for sale) and limited demand (fewer buyers) leads to a buyer’s market. Conversely, lack of supply (fewer homes for sale) and abundant demand (lots of buyers) results in a seller’s market. It can affect: How you prepare your home for sale. Too few resale homes for sale. Home prices rise.

Marketing 111

Marketing Sales Agents Construction 111

HomeLight

SEPTEMBER 30, 2020

As excited as you are about the prospect of a successful sale, you’re hesitant to sign a contract without knowing you’ll have somewhere to go. On the flip side, the U&O can allow the seller to remain in the home for a certain amount of time after closing (also known as a “rent-back” agreement).

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Purchase and sale agreement Closing Rent back Principal 75

Real Trends

JULY 15, 2022

The situation in today’s housing market is consistent with that of the previous two years: a lower inventory of houses available for sale than the demand. Today, people who own their homes aren’t willing to spend all their equity in their house compared to 15 years ago, so they aren’t interested in lowering its price.

Loan Officer 52

Loan Officer Agents Rent back Loans 52

Realty Biz

MAY 16, 2022

With so few homes for sale, buyers are fighting over each property that hits the market. In instances such as this where an appraisal comes in low, a buyer will increase their down payment to provide more equity in the home. Give The Seller Their Closing and Agree to a Rent Back if Needed. Final Thoughts.

Earnest money deposit 96

Earnest money deposit Purchase and sale agreement Rent back Inspection 96