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.

Marketing 135

Marketing Purchase and sale agreement Investor Sales 135

The Close

JULY 30, 2024

For real estate investors to be successful, they must understand the market dynamics. A smart investor will take the time to stay up-to-date on market trends to understand where the market is, where it’s going, and how that impacts their investment strategy. What Is the Housing Market Cycle?

Investor 98

Investor Marketing Staging Renovation 98

Marco Santarelli

MARCH 15, 2021

Philadelphia is a hot seller's real estate market by all housing indicators. Low-interest rates, tight supply, and high buyer-demand will keep the market hot and exert even more upward pull on house prices. PHILADELPHIA HOUSING MARKET TRENDS 2021. PHILADEPHIA IS A SELLER’S REAL ESTATE MARKET. Philadelphia Home Prices.

Marketing 126

Marketing Investor Sales As-is 126

HomeLight

NOVEMBER 29, 2021

It varies by individual market, but cash sales trended upward in 2021 due to a low supply of homes, bevy of demand, and increase in well-funded fintech players purchasing homes nationwide, according to a report from the National Association of Realtors (NAR). Historical effect of economics on the cash real estate market.

Marketing 105

Marketing Investor Renovation Sales 105

Realty Biz

MARCH 29, 2021

In 2020, ATTOM Data Solutions identified that flipping houses consisted of over 7% of home sales in the United States housing market. Repair, diy and house renovation concept. Search for a Real Estate Property on Sale. You are guided by your budget, conduct market research with the range you can afford.

House Flipping 119

House Flipping Renovation Investor Construction 119

HomeLight

APRIL 30, 2021

Or perhaps you’re curious whether you should put it on the market sooner. A real estate agent performs a comparative market analysis, or CMA , before your home hits the market to help arrive at a decent asking price. But how much does a comparative market analysis cost? But Herring doesn’t charge anything. Square footage.

Marketing 111

Marketing MLS Agents Renovation 111

HomeLight

APRIL 30, 2021

Your listing agent comes to you with a fairly thick package of paperwork and says: “Here’s the comparative market analysis (CMA) for your house — let’s talk about what we should sell it for.” For some sellers, a cursory glance through the pages may suffice before they move on to getting their house live on the market. Type of flooring.

Agents 100

Agents Marketing Due diligence Sales 100

Realty Biz

NOVEMBER 14, 2023

The housing market is a dynamic and ever-changing landscape. Corrections in the housing market rank among the key factors that significantly impact this industry. Understanding housing market corrections is essential for investors, policymakers, and homeowners alike. It plays a crucial role in the economic health of a region.

Marketing 91

Marketing Due diligence Investor Finance 91

Redfin

MARCH 4, 2025

There are several types of foreclosure sales – auctions, bank-owned properties, government-owned properties, preforeclosures, and short sales. These properties are often priced below market value, making them attractive to buyers looking for a good deal or hoping to build equity quickly. What is foreclosure?

Pre-approval 35

Pre-approval FHA loan Short sale Banks 35

Realty Biz

MARCH 29, 2021

In 2020, ATTOM Data Solutions identified that flipping houses consisted of over 7% of home sales in the United States housing market. Repair, diy and house renovation concept. Search for a Real Estate Property on Sale. You are guided by your budget, conduct market research with the range you can afford.

House Flipping 95

House Flipping Renovation Investor Construction 95

Realtor.com

NOVEMBER 29, 2022

Getty Images The once-hot housing market has been humbled in recent months. Higher mortgage rates, raging inflation, and widespread recession fears have brought the market to a standstill. About 25% put off home improvements and renovations, while about 15% delayed buying a home. ” Renters could also be affected. .”

Marketing 90

Marketing Short sale Mortgages As-is 90

Realty Biz

MAY 9, 2022

They do this by not only prioritizing clients’ immediate needs, but helping them plan for the future as well, by way of renovations and plans that will provide the highest profit for home sellers and value for prospective buyers. At one point, he was going to have to do a short sale. The Outcome.

Branding 81

Branding Short sale Brokerage Renovation 81

The Close

AUGUST 6, 2024

The buyer is expected to shoulder additional renovations and improvement expenses once they become the official homeowners. A seller also may sell a home as-is at full market value, even if the repairs are minor, if they’re underwater on their mortgage, or if it is a short sale.

As-is 98

As-is Agents Purchase and sale agreement Inspection 98

HomeLight

FEBRUARY 24, 2023

After all, someone needs to buy that house you’ve just renovated , and your chances of a quick sale — at a desirable price — are much higher in a location where people want to live. Jenkins also notes that now is a great time to buy and hold a property — as opposed to renovating a house and selling it immediately. “I

House Flipping 105

House Flipping Renovation Finance Agents 105

HomeLight

FEBRUARY 24, 2023

We also talked to Jeremy Larsen , a top-performing agent who specializes in investment properties in Fort Worth , to get some insider tips on the Texas real estate market. Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit.

House Flipping 105

House Flipping Renovation Finance Investor 105

HomeLight

NOVEMBER 30, 2022

Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for big bucks. Sellers have got the memo that it’s really easy to sell a house right now in the open market, in virtually any condition.” Research your market. Closing costs.

House Flipping 111

House Flipping Inspection Renovation Finance 111

HomeLight

MARCH 31, 2022

The buyer may still request a home inspection so they know exactly what they’re getting, but you won’t have to tackle any repairs that could hold up the sale. Jeff Lurie , a real estate agent in Suffolk, Virginia, who works with 85% more single family homes than the average Suffolk agent, frequently sees this in his market.

As-is 122

As-is Inspection Investor Short sale 122

HomeLight

MARCH 10, 2023

That is especially true in the New York market, where house flipping margins have gotten thinner as home prices and repair costs have escalated, and buyers have been shut out of the market by higher interest rates. Flipping takes a lot of money, know-how, manpower, and planning to be successful.

House Flipping 105

House Flipping Renovation Investor Finance 105

HomeLight

FEBRUARY 26, 2021

And in most cases, an investor or flipper who purchases the home will want to make those bigger renovations themselves, as they have the expertise and resources to tackle them faster and less expensively. In an ideal investing scenario, a fixer-upper would have only cosmetic issues, where the renovations would be low-cost and straightforward.

Investor 110

Investor Inspection Renovation Sales 110

Redfin

DECEMBER 7, 2020

First-time homebuyers and investors will likely quickly buy up any foreclosed homes, leaving the larger housing market unimpacted. from last year, but for every seller there are buyers moving in, which has kept the housing market strong — home sales are up 9.3% New listings are up 6.9% from last year. . The post U.S.

Marketing 79

Marketing Equity Investor Loans 79

HomeLight

FEBRUARY 24, 2023

As home renovation shows have skyrocketed in popularity in recent years, so too has the business of flipping houses. After all, someone needs to buy that house you’ve just renovated , and your chances of a quick sale — at a desirable price — are much higher in a location where people want to live.

House Flipping 100

House Flipping Inspection Renovation Finance 100

HomeLight

FEBRUARY 24, 2023

With steady population growth in Florida and a housing market that has calmed to a more reasonable level, opportunities are plenty. A cooling, less competitive Florida housing market means investors can find more opportunities to make a deal on the types of properties they need for a flip. Find a Buyer's Agent What is house flipping?

House Flipping 105

House Flipping Renovation Investor Finance 105

HomeLight

JANUARY 19, 2023

Flipping houses has never been a more desirable pursuit, no doubt thanks in part to the vast popularity of home renovation shows. To learn more about flipping houses in Georgia, we’re talking to Savannah-based real estate agent Jay Mills, a listings specialist with the Hupman Group , to get his perspective on what’s happening in his market.

House Flipping 105

House Flipping Inspection Renovation Finance 105

HomeLight

MARCH 30, 2022

In a rising market the way we are today and how quickly homes are going up in value, when you get into some bidding wars you don’t have to worry will the house be appraised or not because it’s not based on a mortgage,” Colofranson explains. You’ll avoid the inconvenience of showings, open houses, and renovations.

Sales 111

Sales Investor Renovation Staging 111

HomeLight

FEBRUARY 26, 2021

According to the 2020 Profile of Home Buyers and Sellers from the National Association of Realtors (NAR), 44% of buyers who purchased new homes did so to avoid renovations and problems with plumbing or electricity. In fact, NAR notes that cash sales comprised 19% of December’s housing sales. Enter real estate disclosures.

As-is 111

As-is Sales Inspection Investor 111

HomeLight

FEBRUARY 9, 2023

the California housing market is seeing a decline in prices, and that decline will likely continue in 2023. According to the 2023 Housing Market Forecast put out by the California Association of Realtors, California’s median home price is predicted to go down 8.8 You just have to adjust to the current market that there is,” he says.

House Flipping 105

House Flipping Hard money loan Finance Renovation 105

HomeLight

DECEMBER 29, 2021

If you seek assistance either locating, sizing up, or calculating renovation costs for a potential investment property, you need an investor-friendly Realtor with specialized knowledge of rehabbing and rental markets in your area. Access to off-market properties. Knowledge of micro-markets. Find an Investor Agent.

Investor 98

Investor Property Management Renovation Agents 98

Rent, Buy & Sell

JANUARY 20, 2023

Foreclosures and short sales may be enticing due to low offer prices, but they carry some risks and potentially higher costs. 3 The combination of reduced pricing and more foreclosures brings cheaper homes into the market. Be Wary of Foreclosures and Short Sales Foreclosures and short sales abound in poor economies.

Title search 59

Title search Short sale Title Fixed-rate mortgage 59

HomeLight

MARCH 29, 2023

With 300 days of sun a year, a walkable downtown, and an average sale price $22,000 higher in February of 2023 than 2022, the area is still a great market if you’re looking to sell your house fast in Denver. They repair and renovate properties in hopes of turning a significant profit. How fast are homes selling in Denver?

Sales 98

Sales Staging Investor Renovation 98

HomeLight

AUGUST 16, 2021

In the market for a “ real estate owned” property ? REOs for short, these kinds of sales expose buyers to a lot of potential risk. But they also provide a lot of opportunity for big return on investment, too — much bigger, and faster, than you might expect with many traditional sales.

Banks 105

Banks Pre-qualification Investor Short sale 105

HomeLight

FEBRUARY 4, 2022

If you’re in the market for real estate, either as an investment or a residence, REO (which stands for “real estate owned” also known as “bank owned”), homes can offer you a deal, but without the hassle of dealing with a foreclosure auction. You can also browse for other items for sale if you’re in the market for more than just a house.

Agents 104

Agents Banks MLS Title 104

Redfin

MARCH 4, 2025

Home equity is calculated by subtracting the amount you still owe on your mortgage from the current market value of your home. Here are the steps: Step 1: Find your homes current market value The first step in determining your home equity is to find out your homes current value. How is home equity calculated?

Equity 35

Equity Loans Seller concession Short sale 35

HomeLight

JULY 6, 2023

When your home first hits the market, your listing agent will note that it’s “Active,” as in ready and available for showings — but there’s a lot of ground to cover before your agent lists the status as “Closed,” when you have a done deal and you’re ready to hand over the keys. Selling your house soon? Closed”- Consider these listings sold.

MLS 105

MLS Backup offer Inspection contingency Purchase and sale agreement 105

HomeLight

AUGUST 24, 2022

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. This is another area where a top agent can help you tap into the out-of-state market. Going in, you should know that cash buyers tend to offer a lower price than buyers on the open market.

Purchase and sale agreement 111

Purchase and sale agreement Title search Proof of funds Title 111

Marco Santarelli

AUGUST 16, 2024

It's crucial to align your expectations with market realities. Your definition of “cheap” should be anchored to your target market's median property values. Cheap doesn't mean dilapidated: While properties requiring renovations can offer significant discounts, avoid equating “cheap” with uninhabitable.

Due diligence 52

Due diligence Purchase and sale agreement Renovation Title search 52

HomeLight

JULY 31, 2021

They can purchase a property at a discount, providing value through a quick sale to the owner, and leverage their funds and expertise toward a profitable renovation. This gives us a good idea of the condition of the property, so we know where we can provide value in the sale. In need of renovations or updates. Good bones.

Earnest money deposit 98

Earnest money deposit Inspection Inspection contingency Title 98

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.

Purchase and sale agreement 111

Purchase and sale agreement Investor Inspection Due diligence 111