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...
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...
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,...
