HomeLight

AUGUST 31, 2021

Cash offers are more popular in some markets than others; for buyers trying to find a house in an area where cash offers are prevalent, competing against those offers can be a discouraging part of the homebuying process. Keep in mind that the number of cash offers floating around fluctuates with the market and at different price points.

Due diligence 106

Due diligence Inspection Pre-approval Pre-qualification 106

HomeLight

APRIL 21, 2022

To help you evaluate your first offer, we’ll walk you through key consideration points, how to weigh the strength of the offer, encourage you to assess your objectives, and how to factor in market conditions. Your house has been on the market three months or more. You found your new home and want to avoid carrying two mortgages.

Inspection contingency 111

Inspection contingency Home sale contingency Pre-approval Agents 111

HomeLight

MAY 24, 2022

The recent real estate market has been head spinning, and perhaps the home that sold across the street for way over asking price has got you wondering — should I sell my house in 2022? Real estate market starts to cool off. Maybe you now work remotely so you’re thinking about moving to have enough space for a home office.

Pre-approval 98

Pre-approval Equity Agents Closing costs 98

The Close

APRIL 28, 2022

In today’s tight inventory market, trying to help buyers with financing and limited funds feels a little like getting into a boxing match with Mike Tyson. Here are the top 10 that have helped my team successfully beat out cash offers—yes, even in this red hot market. No-cost Rent-back. We are not offering legal advice.

Rent back 105

Rent back Closing costs Finance Agents 105

The Close

FEBRUARY 6, 2024

Ensure Your Client Has Loan Pre-approval Many sellers are anxious to get to the closing table quickly, which drives many to cash buyers , even for a lower price. Also, understand the difference between a prequalifying and a pre-approval letter. FAQs What is a bidding war?

Pre-approval 76

Pre-approval Earnest money deposit Inspection Inspection contingency 76

Redfin

JULY 30, 2020

Almost half (45%) of people who bought a home in the past year made an offer on a property that they hadn’t seen in person, the highest share since at least 2015, according to a Redfin-commissioned survey in May and June of more than 1,400 people across 29 major markets. PT on a Wednesday, and went to bed soon after.

Inspection contingency 74

Inspection contingency Purchase and sale agreement Pre-approval Inspection 74

Marco Santarelli

MAY 4, 2023

In 2023, despite a cooling housing market and high mortgage rates, turnkey homes are in demand and selling fast. While fixer-uppers, homes with less curb appeal, and those located in less desirable areas are sitting on the market for longer, turnkey homes in good school districts remain hot commodities.

Sales 52

Sales Pre-approval Investor Renovation 52

HomeLight

FEBRUARY 25, 2022

For small markets: closed at least 50 transactions in the last 12 months. For large markets: closed at least 100 transactions in the last 12 months. Usually ranked in the Top 1% in sales in their local market. Must have an agent or broker’s license in good standing. Full-time agents, not hobbyists. Ideal Agent reviews.

Agents 105

Agents Pre-approval Loans Sales 105

HomeLight

MARCH 28, 2022

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. How’s the real estate market? It’s an extremely competitive market for buyers.”. Get Estimate. What’s more, every home sold received 3.9

Purchase and sale agreement 119

Purchase and sale agreement Agents Equity Staging 119

HomeLight

NOVEMBER 10, 2021

After you submit your documentation, you’ll know what kind of budget you have to work with, or your approval “ceiling.”. A local agent will know how to write a competitive offer and what sellers in the market prefer. You’re getting a feel for the market, and that quick sale just told you it’s probably a good area.

Inspection 98

Inspection Title Agents Pre-approval 98

HomeLight

MARCH 2, 2023

Closing costs in California average about 1% of the home’s sale price , and there are other pre-paid costs you might have as well. Henderson says that while connecting with a reputable agent who knows the San Diego market is important, one thing potential buyers should be sure to do is to align themselves with a great lender.

Closing 118

Closing Earnest money deposit Sales Inspection 118

HomeLight

OCTOBER 12, 2020

Matt: That’s the voice of Sarita Dua, an agent in Portland, Oregon where bidding wars are common and the market is unlike anything she’s seen in her 16 years in real estate. Sarita is back with me today for part 2 of our conversation about winning bidding wars. We had the pre-approval letter.

Agents 98

Agents Inspection Inspection contingency Pre-approval 98

HomeLight

MARCH 22, 2021

But you’ll notice that the market itself hasn’t changed much since then. Matt: That’s the voice of Sarita Dua, an agent in Portland, Oregon where bidding wars are common and the market is unlike anything she’s seen in her 16 years in real estate. We had the pre-approval letter.

Agents 75

Agents Inspection Inspection contingency Pre-approval 75

Redfin

JULY 28, 2020

markets waived the inspection contingency, compared with just 13.2% The decision to do so should be made carefully with the guidance of a trusted real estate agent, who can also advise on the possibility of doing a pre-inspection before submitting an offer. In June, 19.9% during the same month in 2019. up from 17.4% in May and 44.4%

Inspection contingency 59

Inspection contingency Inspection Purchase and sale agreement Pre-approval 59

Housing Wire

APRIL 23, 2025

Do a pre-inspection This may or may not be popular in your market, but here in the Boston area, we see this fairly often. A buyer will bring in an inspector to conduct a pre-inspection, a condensed version of a home inspection that focuses only on the major systems and typically takes about an hour or so.

Inspection contingency 195

Inspection contingency Inspection Pre-qualification Pre-approval 195