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When you do receive an offer, you can either accept it, reject it or make a counter-offer, in which you negotiate on terms and/or price. Counter-offers should be made in writing and provide a ...
“With a bridge loan in hand, you can make a home purchase offer that’s not contingent on selling your current home,” says Sean Simon, mortgage loan originator at Planet Home Lending in Colorado.
If they don’t come see the house, they probably aren’t making an offer.” ... you don’t necessarily need a real estate agent to sell your house. Selling without one is called a “for sale ...
A real estate transaction is the process whereby rights in a unit of property (or designated real estate) are transferred between two or more parties, e.g. in the case of conveyance one party being the seller(s) and the other being the buyer(s). It can often be quite complicated due to the complexity of the property rights being transferred ...
Even if the seller finds the buyer him/herself, a commission is still owed to the brokerage. Furthermore, the seller cannot list the property with any other broker until the listing expires with the property unsold. Brokers who are also Realtors are obliged to enter the property into the local MLS system and offer compensation to co-operating ...
The term ‘instant’ refers to the fact that this type of business aims to provide a faster cash offer on a property than traditional real estate brokers. Valuation of the property takes place online and is an instantaneous or near-instantaneous process which makes use of machine learning and AI technologies.
Selling a house isn’t all profit — there are prep and closing costs to consider, as well as real estate commissions. Those opting for a traditional, agent-assisted sale should plan to pay ...
If you do sell your home for a profit, you may be able to exclude up to $250,000 of capital gains from the sale (or up to $500,000 for married couples filing jointly) from your taxes. For this to ...
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