Toronto Realty Blog

JANUARY 13, 2025

All told, including land transfer tax, real estate fees, legal fees, monthly losses, and the net loss on the sale of the condo, they were out $150,000. We can discuss personal finance and market expectations another day, but suffice it to say, this is a very good return. That was before the double land-transfer tax.

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Renovation Land Investor Banks 106

HomeLight

AUGUST 31, 2021

“You make a phone call or answer some questions online, agree to an offer, and then it’s not something you have to worry about anymore,” says Doug Van Soest , owner of a house flipping company in Southern California, in describing the typical way things go. You inherited a house you’re unfamiliar with and perhaps far away from.

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Proof of funds Investor Due diligence Title 144

HomeLight

SEPTEMBER 21, 2022

Owner-occupants have also found sources of financing that provide cash to purchase a home.”. Koren says that without any financing contingencies, the timeline for a cash sale in Texas can be as fast or as slow as the person selling the home wants it to be. As one investor put it: “ Everyone wants to get a piece of Texas.”.

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Investor Renovation Closing Title 105

Marco Santarelli

SEPTEMBER 7, 2021

Buy or secure title to land. Develop the improved agricultural potential of the property or build housing you can rent out, or make the investment property more attractive to tenants so you can charge higher rent. After all, it is impossible to manufacture additional land. Another variation of this applies to house flipping.

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Investor Bankruptcy Renovation Land 111

Patch of Land

OCTOBER 12, 2018

House flipping is more complicated than simply buying the first property you find that needs repair, giving it a cosmetic facelift, and then putting it back on the market at a higher price. One Final Suggestion for Your Next House Flip. Over one-third of all flips in the U.S. Over one-third of all flips in the U.S.

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House Flipping Land Finance Investor 35

Realtor.com

DECEMBER 20, 2022

“This is not a replay of the Great American Housing Bubble,” says real estate and finance professor Susan Wachter , of The Wharton School of the University of Pennsylvania. Sellers now often have to make concessions, sometimes even expensive ones, to get a sale across the finish line.

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Marketing Construction New Construction Investor 113

HomeLight

FEBRUARY 16, 2023

We Buy Houses companies in Davenport make all-cash offers for homes that often need some work, enabling sellers who lack the time, expertise, and money for repairs to move quickly and receive the cash proceeds from their home sooner if they need it. Maybe you’ve landed a new job in another city, and the employer wants you to start right away.

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Purchase and sale agreement Closing costs Closing Investor 98

HomeLight

APRIL 11, 2023

Company founder Jared Benson has a background both in traditional real estate transactions and house flipping, bringing a thorough understanding of the industry to his clients. Here are some other pros to consider: Speed: You can typically sell your house in as few as seven to 10 days.

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Purchase and sale agreement Closing costs Closing Sales 102