Housing Wire

MAY 11, 2021

For example, a newly renovated home that has a gourmet kitchen and an updated bathroom may be valued more highly than a similar home that possesses only above-average amenities and is in average condition. . Many factors contribute to the process of determining the value of a residential property. A Cloud Provides a Clearer Picture.

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MLS Inspection Renovation Residential 397

Housing Wire

FEBRUARY 18, 2022

Further, Fannie notes, “Leveraging the wealth of big data, the power of advanced analytics, and the speed of technology, appraisers can perform desktop appraisals without physically inspecting the property.” AVMs do not consider such things nor can they provide an estimated value to adjust any sales prices. What about AVMs?

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Commercial Renovation Technology Inspection 397

HomeLight

OCTOBER 31, 2024

’ HomeLight provides cash offers for homes in almost any condition through our Simple Sale platform. Other contributing factors include natural disasters, seismic events, or home renovations, like adding floors, which increase the structure’s weight. Consider the alternative of selling your house ‘as is.’

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Inspection Renovation Construction As-is 111

Realty Biz

FEBRUARY 25, 2021

need one or two things to be patched up, with 86% of all home inspections turning up some kind of problem, according to a study by the home improvement website Porch.com. Besides making a higher offer, some buyers are also waiving the home inspection to make their offer stand out. The vast majority of existing homes sold in the U.S.

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Inspection Inspection contingency Renovation Agents 124

The Close

MARCH 11, 2025

The process of locating and purchasing for sale by owner (FSBO) properties can be a complex endeavor for investors. Weve identified six steps for how to find for sale by owner homes, along with the advantages and disadvantages of navigating the FSBO process without a real estate agent involved.

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Sales Due diligence Investor Finance 52

Housing Wire

APRIL 22, 2024

I can also provide expert advice about renovations and the potential return on investment — where to get the biggest bang for your buck — or simply answer any questions you have about the market. You’ll want to include the list price, sale price, and days on market. Your neighbors at (address) just sold their property for (sale price).

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Brokerage Investor Agents Pre-approval 458

BAM Media

DECEMBER 19, 2024

Sellers remain confident in their ability to move properties quickly, with 72% expecting to close within 4 months or less.

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Marketing Closing costs Inspection Agents 98

The Close

NOVEMBER 25, 2024

When looking into your finances, consider the following factors: Closing costs: These are generally 2% to 5% of the property’s sales price and include lender fees, title insurance, property insurance, and property taxes. The higher the home’s sale price, the higher your closing costs. Pro Tip: Overestimate your expenses.

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Purchase and sale agreement Property Management Hard money loan Investor 105

HomeLight

DECEMBER 13, 2021

Should you get an asbestos home inspection to find out more? There have also been standards established for inspecting and removing asbestos in schools. When should you get an asbestos inspection? You’re planning to renovate your home and need to know whether materials contain asbestos before they’re modified or removed.

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Inspection Purchase and sale agreement Renovation As-is 110

Housing Wire

OCTOBER 10, 2023

A CMA report includes information on similar, comparable properties in the area, including recent sales, active listings and current market trends. However, it may be helpful to add short descriptions like “renovated” or “XL terrace” to show unique features of the properties you’ve included in a “Notes” section at the end of your CMA report.

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Marketing Agents Closing Renovation 435

Toronto Realty Blog

MARCH 28, 2022

I did a full home inspection on this house when I bought it. Why didn’t the home inspection catch this? Umm, well, because a home inspection isn’t really meant to predict the future. A buyer can use an inspection provided by the listing agent, or choose to do their own. Why did my basement flood? ” No.

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Inspection Closing As-is Agents 111

HomeLight

FEBRUARY 28, 2022

So, should you renovate your house before selling? If you decided to renovate your house before selling, how do you end up on the winning end? Advantages of Renovating Your Home Before Selling. When you choose the right type of renovation project , your home value can increase and attract more potential buyers.

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Renovation Agents Sales As-is 116

HomeLight

JANUARY 14, 2022

As you run down the list of steps from appraisals to final walkthroughs, you may find yourself focusing on one item in particular: the home inspection. About 95% of purchased homes go through an inspection, and it’s a requirement for many mortgage loans — so it’s certainly an important part of the process. Windows and doors.

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Inspection Inspection contingency Renovation Agents 111

HomeLight

NOVEMBER 16, 2021

If you are about to get a home inspection, you’re on the home stretch of buying your new home. When it comes to your home inspection, you probably have a lot of questions. After consulting with experts, we compiled a list of things to expect from your inspection, including what home inspectors are and aren’t allowed to do.

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Inspection Housing Inspector Seller disclosure Renovation 111

Housing Wire

JUNE 7, 2024

As overall home sales decline on a national level, signing listings is more difficult than ever for agents of all experience levels. Host open houses for FSBOs Adding value, not being pushy, and building relationships with For Sale By Owner sellers are the keys to converting them to listings. Volunteer to be their runner. Who’s it for?

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Purchase and sale agreement Agents As-is Inspection 468

HomeLight

OCTOBER 25, 2024

If you’re a homeowner who doesn’t have the time or resources to tackle renovations, a cash sale can be an easy way to sell your property. Sell Your House Fast in Citrus Heights With a Cash Offer Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready.

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Purchase and sale agreement Inspection Renovation Closing 64

HomeLight

SEPTEMBER 30, 2020

But what if you’re buying a short sale? Does that mean you might encounter even more reasons to cry while trying to get a short sale mortgage loan ? Securing a short sale mortgage loan isn’t that different from purchasing a standard home. What’s a short sale ? Well, it depends.

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Short sale Loans Sales FHA loan 138

Toronto Realty Blog

NOVEMBER 14, 2024

If a property sold for $2,000,000 but there was $100,000 worth of chattels included, then we would want the historical MLS to reflect this so we can continue to accurately evaluate properties via “comparable sales.” How about this one: This looks like the seller inspecting a new condo during a PDI. Absolutely perfect! .

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MLS Purchase and sale agreement Staging Agents 98

Toronto Realty Blog

FEBRUARY 13, 2025

You know those houses that are listed for sale five times, by three agents, over fourteen months? First listed for sale for a whopping $2,495,000, the price was all the way down to $1,999,999 by the time we decided to make our offer. The renovation was top-notch and the quality of workmanship was surprisingly A+ all the way.

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Inspection Purchase and sale agreement Closing Agents 93

Realty Biz

MARCH 7, 2024

Selling your house demands more than just putting up a "For Sale" sign. If you're thinking about a spring home sale , you'll want to know the valuable upgrades to make. Whether you're tackling DIY projects or hiring professionals, the right improvements can significantly affect your home's sale price and time on the market.

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Sales Staging Inspection Renovation 110

HomeLight

SEPTEMBER 1, 2022

Unpermitted additions include any form of remodel or renovation on a home where the owners did not obtain the proper permits from the city’s building department, even though a permit was required to begin work. CPI, a home inspector and structural engineer with the Tampa Bay-based Red Flag Home Inspection, LLC. Let’s dive in.

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Renovation Inspection Inspection contingency Construction 111

HomeLight

MARCH 30, 2022

Whether you’re an investor looking for a speedy sale so you can move on to your next deal or a homeowner trying to unload a property quickly to avoid financial strain, you’re in search of real estate cash buyers to purchase your house without a lengthy or uncertain process. Reduce the time it takes to close your sale.

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Sales Investor Renovation Staging 111

HomeLight

FEBRUARY 18, 2025

Verified buyers on our Simple Sale platform purchase homes “as is” in any condition. Get a pre-listing inspection to check the state of the wiring. Depending on your homes location and size, a home inspection costs a national average of $343. Being proactive brings a lot more confidence into the sale, she says.

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Inspection Renovation Design Sales 98

HomeLight

JULY 13, 2022

Or, maybe the requirement came up during your home sale and you’re wondering what it is and why you need one. In this article, we explain what a certificate of occupancy is and when you might need one during your home sale. Sandro Perez , Building Inspection Superintendent in Pleasant Prairie, Wisconsin. Let’s get started.

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Inspection Renovation Residential Commercial 111

AAOA

JANUARY 27, 2025

When buying a rental property, there are local price trends, zoning rules and vacancy rates to consider in addition to financing and renovation costs. In addition to providing you with valuable insights and potential deals, they will help you through the entire sales process, including the offer and negotiating steps.

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Property Management Due diligence Finance VA loan 80

HomeLight

MARCH 13, 2023

A cash sale may provide the speed and efficiency you need. Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. Buyers were liquid with cash and there are a lot of sellers going that route rather than waiting on a traditional sale.

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Sales Purchase and sale agreement Inspection Due diligence 105

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

Realty Biz

FEBRUARY 13, 2023

These home sales are sometimes known as pocket listings or quiet homes and aren’t added to the multiple listing services. Finding off-market properties for sale can be a challenge. What Are Off-Market Houses For Sale? If the seller wants to keep details of their home sale private, off-market is an option.

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Sales Marketing MLS Agents 107

Realtor.com

FEBRUARY 11, 2021

Closing costs are used to pay for items such as appraisals, inspections, and much more. Some costs—such as the down payment, closing costs, home inspection and appraisal—are just the price of admission to homeownership. How important is the freedom to renovate? Hammond , a Chase private-client home lending adviser.

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Closing costs Debt-to-income ratio Inspection Closing 145

HomeLight

MARCH 13, 2023

Whatever your reason for needing a quick sale without making a substantial investment, the Orlando real estate market is teeming with cash buyers ready to make a deal no matter your home’s condition. Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready.

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Sales Investor Due diligence Renovation 98

The Close

AUGUST 6, 2024

As their agent, you must also know how to protect your clients through the as-is selling process and understand the nuances such as navigating inspections and disclosures. The buyer is expected to shoulder additional renovations and improvement expenses once they become the official homeowners. ” for your clients.

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As-is Agents Purchase and sale agreement Inspection 98

BAM Media

MARCH 6, 2025

From hiring movers to unexpected expenses like cleaning, storage, and temporary housing, 63% of homeowners cited moving costs as a major factor in delaying their sale. Repairs and Renovation Anxiety Thinking about putting your home on the market often means thinking about everything thats wrong with it.

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Agents Pre-approval Inspection Mortgages 69

HomeLight

JANUARY 12, 2022

Next steps include the home inspection, appraisal, and final paperwork. 24, you can expect to close on the sale of your home somewhere between the end of February to mid-March. HomeLight’s Simple Sale platform provides cash offers for homes in almost any condition across the country. How long does closing take from here?

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Closing Purchase and sale agreement Pre-approval Inspection 116

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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Sales Purchase and sale agreement Earnest money deposit Investor 93

HomeLight

OCTOBER 31, 2023

For those in Hollywood facing unexpected circumstances or the simple lack of time, expertise, or resources for renovations, a quick cash sale could be the key to swiftly moving on to the next chapter in your life. Schedule a home inspection: The company will typically want a quick assessment.

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Inspection Renovation Closing As-is 116

HomeLight

JANUARY 6, 2022

It’s natural to wonder how a home that needs TLC can compete with turnkey properties, especially when the median existing-home sales price reached record highs in 2021. Skip the hassle of arranging contractors and paying for renovations. Consider requesting a cash offer through HomeLight’s Simple Sale platform. Request Offer.

Renovation 126

Renovation Investor Inspection Loans 126

HomeLight

MAY 31, 2024

This lets you quickly get cash without spending time or money on renovations, ideal for urgent or unexpected situations. A cash sale is great if you don’t have the time, skills, or money for repairs. Schedule a home visit: Allow the company to visit your property for a quick inspection to assess its value and condition.

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Inspection Renovation Closing Sales 114