HomeLight

MARCH 9, 2022

This step is commonly referred to as a title search , title review, or property history search — but by any name, it involves delving into the formal records of a home and the property on which it sits. A title search is very important. Let’s get started. Margaret Labus. Real Estate Agent. Margaret Labus.

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Title search Title Homeowner’s association Land 111

HomeLight

AUGUST 16, 2021

Between searching for, viewing, negotiating , inspecting, and possibly renegotiating on a home, the road to the closing table is rarely a short one. And if the house you’ve landed on is listed as a short sale, you could be in for a long ride. What exactly is a short sale? A short sale is anything but short,” cautions Sanders.

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Short sale Sales Purchase and sale agreement Banks 105

Point2Homes

OCTOBER 21, 2020

Not all liens will affect you the same way, and even though a lien can lead to an auction sale, you can still sell your property while it’s in pre-foreclosure. But how will the lien impact the sale? The Sale Can Take Longer. A cash sale might speed up the process, yet they are quite rare. Here’s what you need to know.

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Title search Title Investor Sales 89

Realty Biz

FEBRUARY 19, 2024

Brian Davis, a real estate investor and owner of Spark Rental , weighed in with the following advice. If traditional loans are unattainable, explore alternatives like seller financing, personal loans, or partnering with investors. Look at comparable sales in the area. Land sales are far more complex than buying a home.

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Land Due diligence Title search Finance 128

Marco Santarelli

DECEMBER 20, 2020

Most newbie investors are perplexed with the question of how to find investment properties for sale? What is an investment property for sale? Let’s learn how to find investment properties for sale. How To Find Investment Properties For Sale: Search For Off-Market Deals. You make the money when you buy it.

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Sales MLS Renovation Investor 80

HomeLight

AUGUST 31, 2021

A divorce, job move, or low bank account can all be strong motivators to go for the speed and convenience of a cash sale. You’ll still have official steps to complete and hiccups like a title defect can still arise. Are cash-for home companies legit? Check for positive reviews and timely responses to complaints. Need a cash offer?

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Proof of funds Investor Due diligence Title 144

HomeLight

JULY 31, 2021

Whether you’re a retiree looking to downsize from a large suburban home or a landlord ready to unload a River Walk rental condo, finding cash home buyers in San Antonio will be the best way to fast-track the sale and move you closer to your goals. Affordable housing sparks investor activity in San Antonio.

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Investor Title Sales Due diligence 111

HomeLight

JULY 11, 2023

Whether the cause is unpaid taxes, unpaid alimony, or unpaid contractor bills, selling a house with a lien against it adds one more wrinkle to the already complex task of a home sale. Nine times out of 10 the lien can be paid off through the sale,” says Richie Helali, Mortgage Sales Lead at HomeLight Home Loans. But don’t fret.

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Title Title search Equity Construction 122

The Close

JANUARY 21, 2025

Wholesaling is a real estate investment strategy where an individual (the wholesaler) finds and contracts a property, typically at a significant discount, and then assigns or sells the contract to another buyer (typically an investor) for a profit. The buyers are not always investors. Sometimes, theyre homeowners or other wholesalers.

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Investor Title Renovation Due diligence 96

HomeLight

NOVEMBER 9, 2021

Investors paying cash are often willing to help cover a seller’s closing costs knowing that a seller facing financial hardship doesn’t always have the funds to do so. In addition, many cash sales happen directly between seller and buyer, removing the average 5.8% title search fee of $200. owner’s title insurance of $566.

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Closing costs Closing Title Title search 110

HomeLight

OCTOBER 30, 2020

And if you add a home sale contingency into the mix (that is, if you need to sell your current home before you can buy a new one), closing the deal can take even longer. The title isn’t clear. However important title searches are, they can reveal issues that delay closing. Why do sellers love cash so much? Tenant issues.

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Closing Inspection contingency Title search Purchase and sale agreement 116

HomeLight

JULY 25, 2023

Cash investors typically pay anywhere from 50% to 70% of market value. All in all, with a cash offer from a house-buying company, you can often close the sale in as few as seven to 10 days. Many house-buying companies will cover closing costs in full for the seller, which can amount to 9% to 10% of the sale price.

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Title search Staging Closing costs Title 98

The Close

FEBRUARY 19, 2025

Whether youre a new or experienced real estate investor, you may have asked, What is a real estate short sale? The simple answer is that a short sale is when a homeowner owes more for their home than its current market value and puts it up for sale. What Happens in a Real Estate Short Sale? Lets begin!

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Short sale Sales Due diligence Purchase and sale agreement 52

HomeLight

APRIL 15, 2022

We also include information about HomeLight’s Simple Sale platform, an online home-selling program that provides competitive all-cash offers for homes across the country. Consider starting with HomeLight’s Simple Sale platform, available nationwide. Request a Cash Offer from Simple Sale. What is an iBuyer? Request Cash Offer.

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Title House Flipping Title search Sales 109

HomeLight

AUGUST 31, 2021

They’ll put the house up for auction either in a sheriff’s or public trustee sale (the name depends on what foreclosure process your state follows). Different types of foreclosure sales. Distressed sales accounted for just 1% of all home sales in April 2021. Short sale. Auction sale. Pre-foreclosure.

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Pre-approval Short sale Banks Finance 111

HomeLight

JULY 31, 2021

The main method is to request a cash offer from an investor or cash-buying company that will likely purchase your home “as is.” Reports from the National Association of Realtors show that nearly a quarter of existing home sales were made with all-cash in the spring of 2021 — but how do you go about finding your cash buyer?

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Earnest money deposit Inspection Inspection contingency Title 98

Redfin

MARCH 4, 2025

In practice, some buyers and sellers may agree to an as-is sale, but still allow for a home inspection and the opportunity for the buyer to unilaterally terminate the contract for a specified period of time following inspections. Professional investors often spread the risk by buying several as-is properties at once.

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As-is Due diligence Purchase and sale agreement Inspection 31

HomeLight

SEPTEMBER 21, 2020

So if you’re selling a home with a lis pendens, you have a formal notice of a pending lawsuit on a property that could interfere with the sale. “A Typically the claim involves either the title to the property or a claimed ownership interest in it. An imminent foreclosure doesn’t necessarily make a sale impossible, however.

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Title Banks Investor Title search 105

Marco Santarelli

DECEMBER 22, 2020

Real estate or mortgage note investing is owning real estate without property management or without becoming a landlord where the homeowner pays the investor instead of the bank. On the courthouse steps, this property will be auctioned for sale. As long as you comply with the timing and the noticing, then that sale goes through.

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Mortgages Purchase and sale agreement Fixed-rate mortgage Loans 122

HomeLight

SEPTEMBER 16, 2021

“A lot of sellers think selling a house ‘for cash’ means the buyer is going to show up with a briefcase full of money for them, but that’s not the case,” says Lucas Machado, a real estate investor and owner of House Heroes, LLC. “A Handle any unique requirements of the sale. Clear title. Find a cash buyer and request an offer.

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Title Inspection Proof of funds Investor 105

Realty Biz

JUNE 4, 2023

Investors, brokerage firms, builders, and in fact, modern-day buyers or sellers, mostly millennials, prefer using online routes to manage and close transactions. What's more, virtual data rooms make sure that realtors easily collaborate with their teammates, the firm's management, investors, and everyone involved in the deal.

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Due diligence Title search Investor Inspection 82

HomeLight

MARCH 31, 2022

It’s for sale — and you just so happen to be in the market to buy. It’ll show you both the sales history of the house and the different prices it has sold for. That’s why you need a detailed title search.”. There are a couple of options at your disposal if you want to do a property records search.

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Land Title Title search MLS 140

HomeLight

MAY 28, 2021

You’ll be on the hook for the entirety of those repairs, and you can’t expect any financial help from the seller if you pursue the sale. In some as-is home sales, you might see a “where-is” specification added in. So any faults that arise after the contract is signed could affect the sale of the house. Conduct a title search.

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As-is Inspection Title search Inspection contingency 100

HomeLight

SEPTEMBER 27, 2022

This article offers expert insight from Gina Candelario , a top agent who works with 78% more single-family homes than the average San Antonio, Texas, agent, and Brent Morgan , a Texas probate attorney, to set you on the path to a successful sale of your inherited house in Texas. Selling a Recently Inherited Home in Texas? Unpaid taxes?

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Purchase and sale agreement Title Sales Agents 103

HomeLight

NOVEMBER 1, 2021

Arizona home sellers hoping to exchange the front door keys for a net gain on the sale should be aware that there are several closing items they’ll be responsible for, even as a hot seller’s market rocks the Sun Belt state. Title Guarantee. $75-$200 75-$200 for title search; $1,400-$4,000 for insurance. Title guarantee.

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Closing costs Closing Title Title search 102

HomeLight

JULY 31, 2022

When you find a neighborhood you love, the next step is finding a home that’s for sale and in your price range. You can set up search parameters on real estate platforms and spend hours combing through photos and property descriptions, but you can also get more proactive. Home sale contingency. Find a home. Purchase price.

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Earnest money deposit Agents Purchase and sale agreement Title 110

HomeLight

AUGUST 31, 2020

This means that you cannot sell your house and pocket any equity from the sale until that tax lien debt is satisfied. Your city or county can create a tax lien certificate that can be sold to outside investors. The upside is that a private investor may be flexible and willing to compromise on the payment timeline or the amount owed.

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Bankruptcy Equity Title Closing 105

HomeLight

FEBRUARY 14, 2022

One investor I work with works solely in the rent-to-own arena, because they have it as their mission to supply good and fair housing to people who don’t have the means to purchase right now,” says Labus. Her investor client believes that everyone deserves to live in a place they can be proud of and be treated with dignity.

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Purchase and sale agreement Due diligence Finance Equity 109

Realty Biz

MARCH 31, 2023

These homes will not be listed for sale by the bank unless someone does not become a winning bidder. They are considered off-market properties and are often acquired by real estate investors or contractors. This can lead to the home being listed for sale in an auction. The sale will be final as long as the minimum bid is met.

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Title Title search Renovation Inspection 83

HomeLight

OCTOBER 20, 2022

End-of-year listings have historically garnered the highest sales prices in the Austin market. An experienced real estate agent can assist you with preparing your home for sale as well as provide expert guidance on the best time to list your home on the market. Prepping your home for sale. Pricing to sell for the most money.

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Seller concession Purchase and sale agreement Inspection Closing costs 110

HomeLight

AUGUST 16, 2021

Department of Housing and Urban Development (HUD) homes for sale portal. Reserve auctions are similar to minimum-bid auctions in that there is a fixed price that must be met to finalize the sale, but a reserve price is kept under wraps, while a minimum bid is clearly stated. Source: (Willy Barton / ShutterStock).

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Title Due diligence Finance Inspection 111

HomeLight

JANUARY 24, 2023

Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. They usually present a take-it-or-leave-it sale price. If you accept the offer, you’ll both sign a sales contract. With a signed sales agreement, the closing process will begin.

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Purchase and sale agreement Closing costs Closing Investor 97

HomeLight

JULY 28, 2022

HomeLight’s Simple Sale platform provides full cash offers for homes in almost any condition nationwide and in Milwaukee. Simple Sale (a HomeLight platform). Simple Sale , a solution from HomeLight, is an online platform where sellers in Milwaukee (and across the country) can request a cash offer for their home. Request Offer.

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Closing costs Purchase and sale agreement Closing Investor 97

HomeLight

NOVEMBER 7, 2022

Whether or not you’ll want to push back or negotiate with the buyer will depend on hyperlocal, recent sales trends, so consult your Realtor® to discern promising offers and know what latitude market conditions may or may not allow. The cost to sell a house in Texas generally averages about 7% to 8% of the final sale price.

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Seller concession Purchase and sale agreement Inspection Closing costs 104

HomeLight

FEBRUARY 16, 2023

Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. They usually present a take-it-or-leave-it sale price. If you accept the offer, you’ll both sign a sales contract. With a signed sales agreement, the closing process will begin.

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Purchase and sale agreement Closing costs Closing Investor 98

HomeLight

DECEMBER 2, 2022

Investors are also very active in the Gainesville market and may find themselves in need of an influx of quick cash to manage other properties. Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. They usually present a take-it-or-leave-it sale price.

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Purchase and sale agreement Closing costs Closing Investor 98

HomeLight

JANUARY 10, 2023

HomeLight’s Simple Sale platform provides all-cash offers for homes nationwide, including in Florida. Along with providing full cash offers to purchase homes in “as is” condition, Florida Cash Home Buyers also offers another sale option which they refer to as “Novation.”. Simple Sale. Individual investor fees may vary.

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Closing costs Purchase and sale agreement Closing Sales 98