Key insights:
Large online investment firms known as “iBuyers” provide automated offers to home sellers.
Before selling with an iBuyer, homeowners should know how their algorithms work to generate offers — and how these offers may differ from a traditional buyer’s offer.
New data shows that selling to an iBuyer could cost the seller 2-3 times more than when they sell with a traditional real estate agent who earns a commission.
Beloved household animals can leave behind smells that could turn off potential buyers when a home is for sale. Homeowners—who may have become “nose blind” to the smells—may want to take a few steps to remove any lingering smells prior to their first showing. Here are a few tips from HouseLogic.com, a home improvement resource:
Six Easy Steps to the Sellers Closing Process Step 1 : Purchase Agreement is signed by all parties. Step 2 : Closing date and time are scheduled. Step 3 : Closer obtains the title documents association information and payoff figures for current mortgages. The title commitment is reviewed. Step 4 : Closer drafts seller documents [...]
A Home Inspection Could Save You Thousands Buying a home is a big decision and without performing home inspections prior to closing, can be a costly one. Many people decide not to spend the extra five-hundred to a thousand dollars worth of inspections only to find they spend more after closing to fix problems that [...]
Real Estate Prices and Activity are Influenced by Local Factors Whenever the financial news is bad on a large scale, or there's negative press concerning home sales nationally, it's made quite clear by many that real estate is local. Each neighborhood, village, town, city and state all have their own unique characteristics. Lot sizes and [...]
