Remove Contracts Remove Inventory Remove Real Estate Agent Remove Renovations
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Zillow calls timeout on iBuying, but competitors won’t

Housing Wire

Zillow will keep trying to sell existing home inventory, plus renovate and try to resell homes it has purchased under contract, according to a company press release. We have not been exempted from these market and capacity issues and we now have an operational backlog for renovations and closings.

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How to compete and win with your listing presentation (+ scripts)

Housing Wire

Market Inventory: What is the current market and micro-market inventory? Understanding the type of market you’re in and the current inventory are significant pieces of information that can help you determine the selling price of a property. Balanced Market – Six months of housing inventory in the area.

Sellers 417
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Need to sell your house fast? Here are 7 great options

Housing Wire

Today, homes are selling faster than usual because of the shortage of inventory and high buyer demand. COVID changed the real estate industry in a big way since it provided many people with an opportunity to work remotely and live almost anywhere. Hire a Real Estate Agent. Sell to a Wholesaler.

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Busting VA mortgage loan myths

Housing Wire

My favorite, and one of the most valuable and underutilized products in today’s low-inventory market , is the VA renovation loan. This product allows a homebuyer to purchase a fixer-upper and finance the purchase and renovation in one loan based on the expected appraised value of the home after improvements. Who is eligible?

Mortgage 451
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3 Ways Agents Can Help Appraisers to Be More Accurate

Cleveland Appraisal Blog

Real estate agents are typically the individuals who provide information in the MLS. I have read some comments in the MLS, that state that a home had been completely renovated. However, when I looked at the photos, the home may have not been renovated. What should appraisers look for in a sales contract?

Agents 373
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A must-read for homeowners: Do you have to renovate before you sell?

Cornerstone

But before you sign any contracts, keep in mind that there’s something unique going on in today’s housing market. Many more homebuyers are competing for available houses, and renovations might not be as necessary as they were to sell competitively just a few years ago. Keep 2 things in mind if you’re planning to sell this season.

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Here’s What Your Mortgage Lender Wants You To Know About Buying a House Right Now

Realtor

But there are still many great opportunities if you’re patient and have a great real estate agent and lender.”. ” The changes in everyday life due to the pandemic have placed a greater emphasis on the value of a home, says Rick Rudman , CEO at Curbio, a home renovation technology company.

Mortgage 159