HomeLight

NOVEMBER 10, 2021

By selling your house to one of the iBuyer companies, you can avoid many of these headaches. The term iBuyer refers to a group of high-tech house flipping businesses have grown rapidly in recent years since their introduction in the mid 2010s. HomeLight Trade-In allows you to buy a new home before selling your old one.

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Home sale contingency Sales Closing Short sale 118

HomeLight

MARCH 21, 2022

House flippers look for specific improvements to boost equity, such as cosmetic updates, mechanical repairs, an addition, or a change to the layout. Doug Van Soest , who owns a house flipping business in Southern California, purchases an average of 40 to 50 homes per year and says he typically aims for at least a 10% return on his investment.

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Home sale contingency Closing costs Investor Closing 105

HomeLight

APRIL 15, 2022

Generally trade-in companies will offer to buy your current home, freeing up your funds to buy a new home and removing the need for a home sale contingency. Some companies that offer home trade-in programs include HomeLight , Knock , Opendoor and Orchard. iBuying vs. house flipping.

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Title House Flipping Title search Sales 109

HomeLight

JANUARY 4, 2022

House flippers typically buy homes for cash as-is at a sharply discounted rate, with the intent to make improvements and repairs and then resell the property at a profit. One of the most well-known house-flipping companies is the “ We Buy Ugly Houses ”® franchise.

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