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How to Conduct a Smooth Real Estate Transaction

McKissock

In order to reach an acceptable agreement with the most favorable terms, make sure your buyers are aware of the market and the most important factors when constructing an offer. Number of days on market. There can be situations in a strong sellers’ market where more than one offer is received at the same time.

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Appraisals 101: What to Expect From the Home Appraisal Process

Raleigh Realty

Like making counter-offers and going through the home inspection process, the home appraisal can be a sticking point between buyer and seller. A home appraisal determines the fair market value of a home. Of course, even if you aren't using a traditional lender for financing, an appraisal isn't a bad idea. Why would you?

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10 Real Estate Tips BEFORE You Sell Your Home

Raleigh Realty

Depending on where you live, the market may move a little slower, but in most areas, homes are not staying on the market for long once they are listed. Your real estate agent will run what is called a comparative market analysis, or CMA, comparing your home to similar properties in the area that have recently sold.

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The REO Guide: 10 Steps to Buying a Bank-Owned Home

PennyMac

Some homebuyers are intimidated by foreclosed and bank-owned homes because they often require more renovations — and a different type of negotiation — than other options on the market. Before you get too far into the process, take a look at the properties available in your target market or price range.