HomeLight

JULY 12, 2022

First-time buyers were responsible for 27% of those sales, down from 31% in May 2021. All-cash sales accounted for 25% of May transactions, up from the 23% recorded a year ago. Higher prices and mortgage rates conspired to slightly slow sales, which were down 2.6% Seller concessions. from the prior month and 8.6%

Seller concession 111

Seller concession Closing costs Renovation Title search 111

HomeLight

APRIL 14, 2023

If you need to sell your house fast in Miami, whether you’ve inherited a property, you’re relocating for work, need to cash out your home’s equity fast, or are looking to put a divorce behind you, the two best strategies are: 1) seek out a cash offer, or 2) work with a top real estate agent. The company has 4.6

Sales 104

Sales Due diligence Agents Closing 104

HomeLight

MAY 3, 2023

But in focusing on the equity portion, people are often surprised to learn how much it costs to sell a house in the U.S. Selling fee Typical % of sale price Real estate agent commission 5.8% of the property sales price. It’s customary for the seller to pay both.) of today’s median home sale price of $375,700.

Seller concession 111

Seller concession Purchase and sale agreement Inspection Title 111

HomeLight

JULY 25, 2022

Our 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. Primary reasons for this include lack of equity accumulated in the home and insufficient appreciation – an increase in property value. Get Estimate.

Closing costs 111

Closing costs Equity Short sale Agents 111

HomeLight

JULY 25, 2022

You can sell a home whenever you want, but expect financial consequences if you have little equity in it. Our 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. or “Can I sell a home after owning it for one year?”.

Closing costs 110

Closing costs Short sale Equity Sales 110

HomeLight

JUNE 29, 2022

Before contacting a real estate agent, you had no idea how much your house was worth , or how much you could make in a home sale. This “how to find comps for my house” crash course will teach you how to find comparable sales and calculate a rough estimate of your home’s home’s value. How do home sellers use comps?

MLS 111

MLS Seller concession Sales Agents 111

Real Trends

JANUARY 2, 2023

If the interest rates do drop and get closer to 5%, agents can expect a mini-boom in which the low rates will re-inspire housing demand significantly and boost overall sales. There will be less price negotiation, more rate buy-downs and more seller concessions.

Seller concession 105

Seller concession Agents Mortgages Marketing 105

HomeLight

OCTOBER 30, 2020

From there, it can be two to three months to the scheduled sale of your property if you take no action to square up with the mortgage company, HUD’s guidelines note. Don’t let any stigma keep you from making wise financial decisions about the sale of your home. This pre-foreclosure period is actually the best time to sell.

Short sale 105

Short sale Banks Equity Mortgages 105

HomeLight

APRIL 14, 2023

When it comes to who pays closing costs in California, both buyers and sellers are responsible for certain fees in a home sale transaction. Other closing costs generally incurred by California home sellers include transfer taxes , property taxes, and mortgage loan payoff. The rate could go from 7% to 6.5% 602 (1,500 sq.

Closing costs 105

Closing costs Closing Purchase and sale agreement Title 105

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

AUGUST 25, 2020

You could forfeit any chance at making a profit — or even face a loss on the sale. To help you navigate an earlier-than-expected home sale, we talked with a top real estate agent and some seasoned property investors to create this in-depth guide. As with any home sale, you’ll have to cough up some costs. Overlap costs (1% – 2%).

Principal 96

Principal Equity Title Seller concession 96

HomeLight

SEPTEMBER 30, 2021

When the appraisal comes in lower than your offer price, it’s either an opportunity for you to renegotiate the sales price with the seller — or it’s going to completely derail your home sale, and you’ll have to start over again. If they are unwilling to budge on price, you can also renegotiate seller concessions.

Pre-approval 98

Pre-approval Seller concession Finance Banks 98

HomeLight

FEBRUARY 25, 2022

When owners need to sell their home in a shorter time frame, how to determine if the sale is worth pursuing can be confusing. Life happens, but there are options other than selling to help you build up enough equity in your home before putting it on the market. That is where the five year rule comes into play.

Seller concession 111

Seller concession Closing costs Inspection Agents 111

HomeLight

SEPTEMBER 10, 2022

Our 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. Request a cash offer: You can skip repairs and preparations and request an all-cash offer from a home-buying service such as HomeLight’s Simple Sale platform.

Closing costs 111

Closing costs Agents Seller concession Closing 111

Realty Biz

MAY 20, 2021

Great news for homeowners in terms of increased home equity (an average gain of $26,300 per homeowner), not great for affordability, particularly for first-time homebuyers who typically look to buy at the lower end of the market, where current inventory is the most limited. . Of those sellers, 77% say they plan to sell sometime in 2021.

Marketing 78

Marketing Seller concession Fixed-rate mortgage Mortgages 78

HomeLight

OCTOBER 11, 2022

When the time comes to move, some tenacious homeowners in Iowa are eager to take over the reins of their home sale and figure out how to sell a house by owner. In recent years, the hot Iowa real estate market and a steep rise in equity added extra incentive to maximize profits. Get Estimate.

MLS 111

MLS Purchase and sale agreement Pre-approval Agents 111

HomeLight

MARCH 13, 2022

When the time comes to move, some tenacious homeowners are eager to take over the reins of their home sale and figure out how to sell a house by owner. Recently, a blazing hot real estate market and steep rise in equity adds extra incentive to maximize profits. FSBO listings statistically sell for less than agent-assisted sales.

MLS 105

MLS Agents Mortgage pre-approval letter Sales 105

HomeLight

OCTOBER 11, 2022

When the time comes to move, some tenacious homeowners in Michigan are eager to take over the reins of their home sale and figure out how to sell a house by owner. In recent years, the hot Michigan real estate market and a steep rise in equity added extra incentive to maximize profits. Get Estimate.

Purchase and sale agreement 110

Purchase and sale agreement MLS Agents Sales 110

HomeLight

DECEMBER 8, 2022

When the time comes to move, some tenacious homeowners in Washington State are eager to take over the reins of their home sale and figure out how to sell a house by owner. In recent years, the hot Washington State real estate market and a steep rise in equity added extra incentive to maximize profits. The state topped 7.8 Get Started.

MLS 105

MLS Agents Sales Closing 105

HomeLight

NOVEMBER 10, 2022

When the time comes to move, some tenacious homeowners in Chicago are eager to take over the reins of their home sale and figure out how to sell a house by owner. In recent years, the hot Chicago real estate market and a steep rise in equity added extra incentive to maximize profits. Get Estimate.

Purchase and sale agreement 105

Purchase and sale agreement MLS Agents Pre-approval 105

HomeLight

OCTOBER 1, 2022

When the time comes to move, some tenacious homeowners in Ohio are eager to take over the reins of their home sale and figure out how to sell a house by owner. In recent years, the hot Ohio real estate market and a steep rise in equity added extra incentive to maximize profits. Get Estimate.

MLS 111

MLS Pre-approval Agents Sales 111

HomeLight

OCTOBER 14, 2022

When the time comes to move, some tenacious homeowners in Pennsylvania are eager to take over the reins of their home sale and figure out how to sell a house by owner. In recent years, the hot Pennsylvania real estate market and a steep rise in equity added extra incentive to maximize profits. Get Estimate.

Purchase and sale agreement 110

Purchase and sale agreement MLS Seller disclosure Agents 110

HomeLight

NOVEMBER 21, 2022

When the time comes to move, some tenacious homeowners in Louisiana are eager to take over the reins of their home sale and figure out how to sell a house by owner. In recent years, the hot Louisiana real estate market and a steep rise in equity added extra incentive to maximize profits. Get Started.

MLS 105

MLS Agents Sales Land 105

HomeLight

NOVEMBER 21, 2022

When the time comes to move, some tenacious homeowners in Nebraska are eager to take over the reins of their home sale and figure out how to sell a house by owner. In recent years, the hot Nebraska real estate market and a steep rise in equity added extra incentive to maximize profits. Get Started.

MLS 105

MLS Agents Sales Mortgage pre-approval letter 105

HomeLight

DECEMBER 6, 2022

When the time comes to move, some tenacious homeowners in Oregon are eager to take over the reins of their home sale and figure out how to sell a house by owner. In recent years, the hot Oregon real estate market and a steep rise in equity added extra incentive to maximize profits. Get Started.

MLS 105

MLS Agents Sales Inspection 105

HomeLight

APRIL 13, 2023

When the time comes to move, some tenacious homeowners in Kansas are eager to take over the reins of their home sale and figure out how to sell a house by owner. In recent years, the previously hot Kansas real estate market and a steep rise in equity added extra incentives to maximize profits.

MLS 105

MLS Agents Sales Mortgage pre-approval letter 105

HomeLight

SEPTEMBER 30, 2022

When the time comes to move, some tenacious homeowners in Wisconsin are eager to take over the reins of their home sale and figure out how to sell a house by owner. In recent years, the hot Wisconsin real estate market and a steep rise in equity added extra incentive to maximize profits. Get Estimate.

Purchase and sale agreement 104

Purchase and sale agreement MLS Agents Inspection 104

HomeLight

DECEMBER 13, 2022

When the time comes to move, some tenacious homeowners in Virginia are eager to take over the reins of their home sale and figure out how to sell a house by owner. In recent years, the hot Virginia real estate market and a steep rise in equity added extra incentives to maximize profits. Get Started. .

Purchase and sale agreement 105

Purchase and sale agreement MLS Agents Sales 105

HomeLight

NOVEMBER 23, 2022

When the time comes to move, some tenacious homeowners in West Virginia are eager to take over the reins of their home sale and figure out how to sell a house by owner. In recent years, the hot West Virginia real estate market and a steep rise in equity added extra incentive to maximize profits. Get Started.

MLS 104

MLS Agents Sales Closing 104

HomeLight

NOVEMBER 14, 2022

When the time comes to move, some tenacious homeowners in New York are eager to take over the reins of their home sale and figure out how to sell a house by owner. In recent years, the hot New York real estate market and a steep rise in equity added extra incentives to maximize profits. Get Started.

Purchase and sale agreement 103

Purchase and sale agreement MLS Agents Pre-approval 103

HomeLight

DECEMBER 6, 2022

When the time comes to move, some tenacious homeowners in New Jersey are eager to take over the reins of their home sale and figure out how to sell a house by owner. In recent years, the hot New Jersey real estate market and a steep rise in equity added extra incentive to maximize profits. Get Started.

Purchase and sale agreement 103

Purchase and sale agreement MLS Pre-approval Agents 103

HomeLight

NOVEMBER 21, 2022

When the time comes to move, some tenacious homeowners in South Carolina are eager to take over the reins of their home sale and figure out how to sell a house by owner. In recent years, the hot South Carolina real estate market and a steep rise in equity added extra incentive to maximize profits. Get Started.

Purchase and sale agreement 102

Purchase and sale agreement MLS Pre-approval Agents 102

HomeLight

OCTOBER 14, 2022

When the time comes to move, some tenacious homeowners in Illinois are eager to take over the reins of their home sale and figure out how to sell a house by owner. In recent years, the hot Illinois real estate market and a steep rise in equity added extra incentive to maximize profits. Get Estimate.

MLS 102

MLS Agents Sales Mortgage pre-approval letter 102

Redfin

DECEMBER 27, 2023

18 housing trends that defined the year, including record mortgage rates, depleted inventory, and dwindling home sales 2023 was a difficult year for the housing market. The spring homebuying season never happened , housing inventory remained historically low throughout the year, and sales plummeted. Seasonal trends buckled.

Marketing 66

Marketing Mortgages Investor New Construction 66

Redfin

JUNE 28, 2022

That could mean fewer interested buyers, fewer offers, and possibly a smaller sales price. How to prepare for your home sale. Seller concessions. If you haven’t built adequate equity in your home, it may not make financial sense to sell. There are a few ways to quicken the home sale process. Moving costs.

Staging 63

Staging Renovation Closing costs Agents 63

Redfin

JANUARY 10, 2025

Arguably, the most important variables to consider before you make the decision to sell are home equity, transaction costs, and local market conditions. Home equity Home equity is a term that measures the value of a home to its owner after all debts and liabilities (like a mortgage ) have been paid.

Seller concession 59

Seller concession Equity Closing costs Renovation 59

HomeLight

OCTOBER 20, 2022

When the time comes to move, some tenacious homeowners in Indiana are eager to take over the reins of their home sale and figure out how to sell a house by owner. In recent years, the hot Indiana real estate market and a steep rise in equity added extra incentive to maximize profits. How Much Is Your Indiana Home Worth Now?

MLS 108

MLS Agents Mortgage pre-approval letter Sales 108