Marco Santarelli

NOVEMBER 23, 2024

Market Research and Due Diligence: The real estate market is dynamic and constantly changing. Before you invest, it's vital to research the market thoroughly. Knowing your market is critical to choosing the right properties and making informed decisions.

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HomeLight

JANUARY 9, 2025

These companies make selling your home a simple process, letting you sell your property as-is and skip the cost and headaches of renovation. This can be a practical solution and alternative to the traditional market for many homeowners. Receive your offer in 24 hours and close in as few as 10 days.

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Toronto Realty Blog

JANUARY 27, 2023

When the market is hot, fewer properties are sold conditionally, but some still are. And in a changing market, like the one we’re in right now, we’re accustomed to seeing many listings appearing as “sold conditionally” on MLS. Let’s say my house is on the market for $1,500,000.

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HomeLight

JULY 29, 2022

If you’re in this demographic and looking for a house in retirement, chances are your priorities have changed from when you purchased your first home. This is why purchasing a home in an area where property values are on the rise can be a smart and profitable move. Customization/renovation to meet needs later on.

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Realty Biz

JANUARY 19, 2024

By following these steps, you can easily navigate the real estate market. From three decades working as a Realtor, there are common denominators for first-time home buyers going through the purchase process with ease. This includes understanding the terminology, legal aspects, and financial considerations of purchasing a property.

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Debt-to-income ratio Pre-approval Purchase and sale agreement Inspection 100

Marco Santarelli

SEPTEMBER 5, 2020

Even after suffering from the pandemic, the Phoenix housing market 2020 still comes out on top. As we saw Arizona real estate market thriving & becoming sizzling hot in the past couple of years, even the rise in mortgage rates was believed not to affect it. It could only pause sales, which in turn created a huge pent up demand.

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Realty Biz

SEPTEMBER 26, 2023

Over the years, its real estate market has seen both challenges and growth, shaped by its historical context, economic shifts, and evolving legislative norms. For those searching for Greece property for sale , understanding the intricacies of the country's real estate regulations and practices is paramount.

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HomeLight

FEBRUARY 14, 2022

These possibilities can be stipulated in the rent-to-own agreement — which is also sometimes referred to as lease-purchase, or a lease-option agreement. With a rent-to-own or a lease-purchase agreement, however, the tenant has already agreed to buy the home after a specified period.

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Purchase and sale agreement Due diligence Finance Equity 109

The Close

MARCH 13, 2025

Selling a house with tenants in place can add an extra layer of complexity to the sale of an investment property. For a smooth sale, you will want to do all you can to minimize the impact on the tenant while maximizing your profitability during the sale. Knowing the type of lease will help you determine your legal options.

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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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HomeLight

APRIL 29, 2024

Cash deals are able to close in a few days to a couple of weeks — far faster than selling with an agent on the open market. However, the downside is that “We Buy Houses” companies tend to present offers that are below market value to factor in their renovation costs and profit margin.

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HomeLight

JUNE 13, 2022

You need to save up money for a down payment and closing costs (which are calculated as a portion of your purchase price), but home prices just keep going up — so when you finally reach your goal, you realize that the goalposts have moved, and the hill is even taller than you thought. Let’s dive right in! Why rent to own? for an FHA loan.

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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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Marco Santarelli

MARCH 24, 2021

The homebuyers in the Charlotte housing market have dealt with a persistent seller’s market, which has shrunk inventory and driven up home prices. Last year was the sixth consecutive year of home price gains in the Charlotte real estate market. So, how did COVID-19 affect the Charlotte housing market? year-over-year.

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Marketing Purchase and sale agreement Investor Sales 119

HomeLight

AUGUST 16, 2021

And if the house you’ve landed on is listed as a short sale, you could be in for a long ride. Though short sales aren’t as prevalent today as they were following the Great Recession , they’re not impossible to find, and good deals for buyers can still be had. What exactly is a short sale? It’s a long sale.

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HomeLight

JUNE 19, 2023

We talked with real estate professionals who specialize in the rent-to-own process in order to get an insider’s look at how to navigate the rent-to-own market from a buyer’s perspective. Basically, a rent-to-own real estate purchase means that you can live in the house as a renter with the intent to close on the home at a date in the future.

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Purchase and sale agreement Debt-to-income ratio Due diligence Inspection 105

HomeLight

APRIL 5, 2022

Then, ask the agent how many sales they’ve had in the year and what their references are. We Buy Houses for Cash companies purchase properties directly from homeowners. Fix-and-flip investor: This investor purchases low-cost properties and gives them a “facelift” through repairs and renovations. They then sell (i.e.,

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Purchase and sale agreement Investor Renovation Agents 104

HomeLight

DECEMBER 23, 2021

If you need help determining the taxes on the sale of your second home, HomeLight always encourages you to reach out to a tax advisor regarding your particular situation. . However, if your second home is a rental that’s not generating the income you thought you would, you may want to take advantage of the current hot (seller’s) market.

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HomeLight

NOVEMBER 13, 2023

When the clock is ticking on your home sale in Baytown, We Buy Houses companies offer a compelling route with their all-cash offers, especially for properties that aren’t turnkey ready. We’ll explore the benefits and drawbacks, equipping you with the knowledge to decide if this is the right path for your home sale journey.

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HomeLight

SEPTEMBER 27, 2021

With a stellar offer in hand, you’re relieved to have the bulk of your home sale behind you. The lender won’t loan more than the property is worth, so if the appraisal comes in low, your buyer will need to make up the difference in cash or you’ll need to accept a lower purchase price. Conditions of sale.

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Realty Biz

JANUARY 10, 2023

The seller does not have to make any repairs before the sale, but certain disclosures are still made to the buyer. After the company has acquired the house, it will repair, renovate, and resell it to another buyer at a higher price. With the needed repairs in mind, research the market value of your home.

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HomeLight

JANUARY 28, 2022

Commissions are typically calculated as a percentage of a property’s sale price, though some brokerages will charge a flat fee. of the home sale price, according to HomeLight’s real estate transaction data of thousands of home sales each year. The average real estate agent commission rate nationwide is 5.8% Average home price.

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The Close

AUGUST 6, 2024

As an agent and homeowner, I represented myself during the sale of my as-is property five years ago, and I’m going to help you be prepared to answer “How do I sell my house as-is?” The buyer ultimately assumes all risks and responsibilities for any issues that may arise post-purchase. ” for your clients.

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HomeLight

AUGUST 24, 2022

Looking to connect with a Florida cash home buyer for a quick sale in the Sunshine State? The destination’s great weather and tax-friendliness bring a steady stream of buyers to the market, and cash buyers help make sellers’ homes fly. A cash offer can lead to a speedier and lower hassle sale. How to find cash buyers in Florida.

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HomeLight

JUNE 29, 2022

Before you post the “for sale” sign in your front yard, it’s important to prepare yourself for a critical part of the home-selling process : negotiating with buyers. Here are nine expert house negotiation tactics to help you on your way to a successful sale. Making enough money off the sale to fund the downpayment on a new home.

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Earnest money deposit Purchase and sale agreement Closing costs Closing 111

HomeLight

JANUARY 25, 2021

Even in a hot real estate market, “move-in” ready remains king among today’s homebuyers. According to a survey over 2,000 adults from real estate brokerage Coldwell Banker, 80% of Americans say they would prefer to buy a turkey home over one that requires renovations. Find House Flippers Near You. You need to relocate fast.

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Purchase and sale agreement Investor Inspection Due diligence 111

HomeLight

JANUARY 3, 2023

Higher interest rates have been cooling the housing market nationwide, and real estate in Colorado is no exception. Inventory is starting to rise along with the average number of days on market as of September 2022. Year-over-year, monthly sales in the Phoenix metro area were down nearly 25%. Real estate transfer taxes: 0.01%.

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Toronto Realty Blog

JANUARY 16, 2025

This story brings us back to last summer when a client of mine purchased a small west-side home and, upon closing, the listing agent had some very interesting ideas about how to go about making up his financial loss on the property. This house had been on the market, off-and-on, for essentially two years. 870 – 850 = 20 Right?

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Closing Purchase and sale agreement Brokerage Mortgages 59

Realty Biz

JANUARY 15, 2024

In today's real estate market, buying a house before selling yours is possible. One popular option is a bridge loan, a short-term loan that allows you to finance the purchase of a new home while you wait for your existing home to sell. What Are Ways to Finance the Purchase? Can I Buy a House Before Selling Mine? Absolutely!

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HomeLight

AUGUST 17, 2023

If you’re a homeowner in Memphis facing an urgent need for a quick home sale, you may have come across signs or ads for Tennessee-based “We Buy Houses” companies. A cash sale enables you to quickly receive proceeds from your home sale without having to invest time, expertise, or money into repairs and upgrades.

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Marco Santarelli

SEPTEMBER 12, 2021

We will discuss the latest Columbus Ohio real estate market trends & news and find out how they can affect the investors and homebuyers in the latter half of 2021. Columbus is a slowly and steadily growing real estate market that will be thriving well into the foreseeable future. However, home sales increased by only 2.7

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Marketing Purchase and sale agreement Investor Sales 97

HomeLight

JANUARY 28, 2022

We buy houses” companies are flippers who purchase properties “as is” for cash and renovate them, generating a profit at resale. We buy houses” operations are cash buyers or house buying companies that purchase homes directly from homeowners. Founded in 1996, We Buy Houses is not a franchise, rather it’s a marketing program.

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Purchase and sale agreement Investor Agents Sales 111

HomeLight

MARCH 31, 2022

The seller’s market continues to boom in Florida. Early 2022 data from Florida Realtors® indicates a 23% increase in median sales price and a 33.3% drop in median time on the market. Once you’ve seen what’s required, you can roll up your sleeves and get started with your FSBO sale in Florida. Get Started.

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HomeLight

MARCH 31, 2022

price increase , pushing median sale prices to upward of $350,000. With such impressive sales figures, some sellers may be curious about how to sell a house by owner in Arizona — a decision that could help them save on agent commissions. Median sales price: $449,900 (Feb. Average days on market : 36 (April 2022).

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Purchase and sale agreement Inspection Inspection contingency MLS 110

HomeLight

NOVEMBER 29, 2021

Your house is spotless, if you can ignore the open house signs and marketing flyers strewn across the dining room floor. According to the National Association of Realtors® (NAR) 2020 Profile of Home Buyers and Sellers, 8% of homeowners opted to sell for sale by owner , or FSBO. Steps to selling your house without a Realtor®.

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Purchase and sale agreement MLS Inspection Agents 98

HomeLight

JANUARY 31, 2022

If you need assistance navigating the legalities of your sale, HomeLight always encourages you to reach out to your own advisor. Most notably, the ongoing shift to remote working has caused rent growth to shrink in metropolitan areas and skyrocket in suburban markets. works on many sales of rental properties.

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Purchase and sale agreement Investor Sales Agents 98

RIS Media

OCTOBER 14, 2020

If you agree to a sale price that’s less than the appraised value, you’ll have to pay the difference out of pocket. If the purchase agreement contains an appraisal contingency, the seller may have to negotiate with you to get the sale price within a specific percentage of the appraised value.

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