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Homes are selling well over listing prices as buyers compete against each other

Housing Wire

The deal, which included the home the buyer wanted (priced in the $400,000’s) and the seller’s new home (priced in the $300,000’s) ended up being sold over their asking prices and costing the buyer $1 million over the original home’s listing price. . More for Real Estate Enthusiasts. How to negotiate your home purchase offer.

Buyers 476
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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. They understand the specifics of the real estate market you're in and make decisions based on statistical data and visiting other nearby properties to make correct deductions.

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5 Tips to Sell Your Home for the Most Money This Fall

Lamacchia Realty

This fall may look a bit different but soon enough the real estate market will hit its second busiest season of the year for home sales. Motivated sellers attract motivated buyers. In addition, if you do receive an offer in the first week that is less than you hoped, think twice before you deny it. Seller Resources.

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

PennyMac

What is a Real Estate Owned (REO) Property? REO, which stands for “Real Estate Owned,” is a term applied to foreclosed properties whose ownership has transferred to the bank or lender. REO properties are attractive to homebuyers or real estate investors for several reasons.