HomeLight

JUNE 21, 2022

But you’ll still have to get over the home inspection hurdle that could reveal issues requiring repairs or cause buyers to renegotiate a lower sales price or even walk away from the deal. It’s critical to know what home inspectors look for because serious problems could derail the sale altogether. What is a home inspection?

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Inspection Purchase and sale agreement Pre-approval Inspection contingency 122

HomeLight

NOVEMBER 9, 2021

If you need to move even more swiftly than that, selling to an online direct buyer through a platform like HomeLight’s Simple Sale could take as little as 10 days. The Simple Sale process frees you of the hassle of staging your home and jumping through hoops for the buyer’s lender. Direct Buyer (Simple Sale). Traditional Sale.

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HomeLight

JANUARY 3, 2023

Year-over-year, monthly sales in the Phoenix metro area were down nearly 25%. Often, the decision to go for sale by owner (or, “FSBO”) is motivated by a desire to save on agent commissions. Once you’ve seen what’s required, you can roll up your sleeves and get started with your FSBO sale in Colorado.

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HomeLight

MARCH 31, 2022

Early 2022 data from Florida Realtors® indicates a 23% increase in median sales price and a 33.3% With such impressive sales figures, some Florida sellers may be curious about how to sell a house by owner in Florida — a decision that could help them save on agent commissions. Average home sale price in Florida: $530,419 (Jan 2022).

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HomeLight

JUNE 30, 2021

There’s more that goes into making an offer besides landing on a purchase price. Some states require only 40 hours of pre-licensing classes, while others may require more than 200 hours, for example. Lenders can also approve you for different loan amounts, give you different interest rates, and charge varying fees.

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HomeLight

MARCH 16, 2023

Do you need to connect with cash home buyers in Houston for a fast sale? Whatever your reason for needing a quick sale without making expensive repairs, Houston is teeming with cash home buyers ready to make you an offer no matter your home’s condition. Need to Sell Your House Fast in Houston? No showings, no repairs, no open houses.

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HomeLight

OCTOBER 20, 2022

For Sale By Owner (FSBO). 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. Original sales contract. Many FSBO sellers will purchase a pre-listing appraisal. Pre-inspection.

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HomeLight

APRIL 29, 2021

The home sale process involves a long list of steps, and your execution of each impacts your final sale price. As with most things in life, preparation is the key to a successful home sale. With 24 years of experience under his belt, Thompson shared a few gems about navigating the home sale journey. Vinyl windows: 72%.

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Purchase and sale agreement Pre-approval Inspection Inspection contingency 98

HomeLight

OCTOBER 29, 2020

As the term implies, a contingent offer proposes a deal that can only be brought to fruition if certain conditions are met. As you’d likely imagine, some contingencies are negotiable, while others simply are not. Home inspections. So can a financing contingency be negotiable? Sales contingency.

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Purchase and sale agreement Pre-approval Earnest money deposit Inspection 81

Redfin

FEBRUARY 2, 2021

A seller’s market is when there are more homebuyers in a particular area looking to purchase a home than actual houses listed for sale. 1) Get Pre-Approved for a Home Loan. Furthermore, you’ll receive a pre-approval letter from your lender indicating how much of a mortgage you’ve been approved for.

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Redfin

AUGUST 29, 2024

Debt-to-income ratio (DTI) Another major factor that a lender will consider when approving your mortgage loan is your debt-to-income ratio (DTI). You will also need to save money to put toward closing costs , about 2-5% of the purchase price. This agreement will outline the agent’s commission , so you understand how much they’re paid.

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Earnest money deposit Purchase and sale agreement Pre-approval Debt-to-income ratio 63

Windemere Selling

MARCH 14, 2022

When selling your home, a buyer may make their offer with contingencies attached. Here are some common contingencies you might see in a buyer’s offer and what they mean for you. If the seller chooses not to make the repairs outlined in the buyer’s home inspection report, the buyer can cancel the contract.

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Home sale contingency Inspection contingency Purchase and sale agreement Pre-approval 52

Redfin

JULY 30, 2020

I never would have chosen to buy a house this way, but I’d rather take a risk with my home purchase than take a risk with my family’s health,” Sanchez said. “I In New York City, some sellers aren’t even allowing buyers into their homes until they’ve been pre-approved for a mortgage, according to local Redfin agent Martin Freiman. .

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Inspection contingency Purchase and sale agreement Pre-approval Inspection 74

HomeLight

JULY 31, 2022

Even before you decided to put your home up for sale, you probably knew making minor repairs and sprucing up your home would increase the chances of attracting the right buyers and getting a great offer. It’s important to distinguish that appraisals are not intended to be a home inspection. FHA loans must meet very specific standards.

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Windemere Buying

JUNE 22, 2022

Sellers will typically request alterations like a higher price, a modification to your contingencies , or an adjustment of closing dates. You can accept or reject the counteroffer or come back with a counteroffer of your own, which may continue for multiple rounds until the two parties reach an agreement. Now you’re ready to close!

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Realty Biz

AUGUST 2, 2023

Additionally, understanding the closing process and utilizing additional resources and tools can streamline the sale. Setting the Right Price for a Quick Sale When selling your home quickly, one of the most critical factors is setting the right price. Overcoming common challenges is also vital.

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Redfin

FEBRUARY 10, 2021

Later in the year, the worst of the pandemic will hopefully be behind us, and as businesses reopen and daily activities become safer, a new batch of homebuyers and sellers will enter the housing market, making for the strongest year of home sales since 2006. ”. There is a shortage of homes for sale. We’re in a seller’s market.

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Debt-to-income ratio Pre-approval Inspection Purchase and sale agreement 76

Dwell Real Estate

JULY 10, 2020

In the Sarasota area, home buyers will usually put down anywhere from 1 to 5 of the real estate purchase price as earnest money. (If Earnest money remains in an escrow account or with the title company until the real estate sale closes. But you have to be absolutely sure that you’ll be able to get approval from your bank.

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Earnest money deposit Inspection contingency Purchase and sale agreement Pre-approval 40

Dwell Real Estate

JULY 10, 2020

In the Sarasota area, home buyers will usually put down anywhere from 1% to 5% of the real estate purchase price as earnest money. (If Earnest money remains in an escrow account or with the title company until the real estate sale closes. But you have to be absolutely sure that you’ll be able to get approval from your bank.

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