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When the time comes to move, some tenacious homeowners are eager to take over the reins of their home sale and figure out how to sell a house by owner. A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. Despite a cooler real estate market in 2024, the steep rise in equity of the previous years adds extra incentive to maximize profits. With millions of homes sold each year, a modest 7% of sellers choose to list “For Sale By Owner” (or FSBO — pronounced fizz-bow). While the method can work, it does come with some risks. Selling a house is a pretty rare event for most people, so you don’t know what you don’t know. Find a Top-Rated Real Estate Agent Near You FSBO listings statistically sell for less than agent-assisted sales. HomeLight analyzes over 27 million transactions and thousands of reviews to determine which agent...

That’s right—according to a recent study from Zillow, in 22 of the 50 largest metro areas, monthly mortgage payments are now lower than rent payments. from Keeping Current Matters https://www.keepingcurrentmatters.com/2024/09/30/buying-beats-renting-in-22-major-us-cities/

Courtesy of Saratoga Home Quiet luxury is a lifestyle and fashion movement that celebrates the art of understated elegance and thoughtful consumption. It embraces high-quality, minimalist designs that project timeless sophistication, favoring subtlety over flashiness and steering away from bold logos and excess.  As Marianne Mernick-Hrovat from Marianne’s Consignments Confessions explains, “My mother was an antique dealer. My childhood home was filled with old, quality pieces, collected over time. Mom used to say, “It looks like old money.” I think that description is essentially what quiet luxury interior design is all about. It’s that mohair throw across the back of your chair. Maybe you bought it on your last trip to Edinburgh, or maybe you thrifted it last week? Perhaps it’s the cherry, four-poster bed that you inherited from your Gram? Or did you?” She continues, “Quiet luxury in interior design makes your home feel like it is filled with quality pieces, even if the...

Despite elevated mortgage rates and a slowdown in home sales, U.S. home prices continue to rise. In August 2024, pending home sales saw a 0.6% gain , according to the National Association of Realtors (NAR). During that period, the national median single-family existing-home price surged 3.1% year-over-year to $416,700 . The latest market stats have many homeowners asking the question: Is this a good time to sell my home? How much will I make selling my house? If a homeowner determines that this is the time to move, questions arise: How much will I make on my house? What is my home worth? What will my net profit be? First, it’s important to know the current value of your home. A good place to start is by using an online home value estimator. HomeLight’s free home value estimator can give you a ballpark idea of your home’s worth. What's your home worth today? Tell us a little bit about your property and get a preliminary estimate of value in as little as two minutes. ...

You’ve probably heard that making a cash offer on a house can give you a leg up when it comes to having your offer accepted or rejected. Considering the fact that 80% of homebuyers financed their purchase last year, it may seem frustrating to get into a market where a cash offer typically beats one that relies on financing. In this post, we’ll take a closer look at what a cash offer is and some options to make your offer look more attractive to home sellers. Need Assistance Buying a House With Cash? Find a top-rated real estate agent who can help you navigate the entire process, from determining which homes are well-priced to making your offer stand out. Get Started What is a cash offer? A cash offer simply means that a buyer already has the funds available to buy the house and can pay for it without securing a mortgage loan . From the seller’s point of view, it doesn’t make much difference whether the cash comes from the buyer’s personal bank account or a mortgage loan. T...

When the time comes to move, some tenacious homeowners in Texas are eager to take over the reins of their home sale and figure out how to sell a house by owner. Often, the decision to go for sale by owner (or “FSBO”) is motivated by a desire to save on agent commissions . While FSBO can work, it does come with some risks , including the possibility of selling your house for less than market value . In this guide on how to sell a house by owner in Texas, we’ll cover what can be the most difficult aspects of selling by owner, including the steps that might be harder than you think. We’ll also provide a comprehensive overview on the full process to prep, market, and close on your home without the assistance of a real estate agent . Unsure about selling FSBO in Texas? If you don’t have the time or expertise to list your home FSBO, partner with a trusted, top agent in your Texas market. We analyze over 27 million transactions and thousands of reviews to find you the best agent for y...

Looking to sell a house as-is in Illinois? Whether you’ve got a fixer-upper or recently inherited a relative’s home, sometimes the goal is to skip repairs, get a fair offer, and move on. “The first thing that’s important to distinguish is whether as-is comes from the seller or the buyer,” explains Monica Bullington , a top agent in Bloomington-Normal, Illinois, who works with over 85% more single-family homes than the average area agent. If a seller or an agent lists the property as-is, the label can carry implications. “There’s usually a connotation that something’s wrong with the home, and/or there are some issues the owner does not want to fix,” she says. Those properties are typically distressed homes, which usually need significant structural or cosmetic repairs. In a seller’s market , buyers will sometimes submit an as-is offer to indicate their willingness to purchase a property without expecting the seller to make any changes. “That’s a completely different ballgame from the...

Determining the right offer for a house can often feel like a delicate dance. While buyers aim to secure their dream home without overstretching their budget, sellers want the best possible return on their investment. So, what is reasonable to offer below asking price? The answer isn’t always straightforward, as it depends on the current real estate market, the property condition, and the seller’s urgency. We’ll discuss what’s reasonable to offer to ensure you strike a balance between securing a great deal and not offending the seller with a lowball offer. Work With a Top Agent to Nail Down Your Offer Most people only buy one or a few homes in their lifetime, but experienced agents help buyers all the time. When it comes to making a solid offer on your dream home, who you work with matters. Find Agent Should I offer less than asking price? Making an offer on a house is as much of an art form as it is a strategic move. You want to make an offer that will save you money (of...

Selling your home in Fresno can feel overwhelming, especially if you need to do it fast. But the good news is you have more innovative selling options today than ever — working with “We Buy Houses” Fresno companies is one of them. These businesses instantly provide cash offers, even for homes needing a little TLC. If you’re not ready to deal with repairs or don’t have the time or money for renovations, these cash deals can help you get the funds you need to move on with your life. It’s like a safety net when things get tough or major life changes crop up, such as a job relocation, divorce, or retirement. But since selling your home is a big financial transaction, make sure you know what you’re getting into before you jump in. In this article, we’ll walk you through the basics of selling to “We Buy Houses” Fresno companies, from the actual process to the pros and cons, to help you determine the best choice for your Fresno home. Sell Your House Fast in Fresno With a Cash Offer Get...

Even before you decided to put your home up for sale, you probably knew making minor repairs and sprucing up your home would increase the chances of attracting the right buyers and getting a great offer. But, you may not realize how much the condition of your property — its appearance, maintenance, and safety — can impact the chances of converting that awesome offer into a smooth sale, especially if your buyer is using a mortgage that requires an appraisal , so it’s a good idea to get ahead on any appraisal required repairs. Connect with a Top Agent Top agents sell homes faster and for more money than average agents. In addition, their experience can help identify issues that may need to be addressed prior to an appraisal. Find Agent What is an appraisal and why is it important? Before properties can be financed, their value and condition are typically examined by a state-licensed, independent appraiser contracted by the buyer’s mortgage company. By applying the lender’s...

As a homeowner in Arlington, Texas, you may be facing a life change and need to sell your house fast. “We Buy Houses” companies can serve as a beacon for those in the city whose homes might need work or who don’t have the time, expertise, or funds for repairs . These companies offer all-cash deals, giving sellers the chance to bypass the hassles and get a quick sale. Selling your Arlington home for cash can be a lifesaver in pressing situations, allowing you to swiftly move on with your future plans. However, like all big financial decisions, it comes with its own set of pros and cons. In this post, we’ll provide you with insights to help you evaluate whether selling to a cash-for-homes company in Arlington is the right solution for you. Sell Your House Fast in Arlington With a Cash Offer Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. Receive your offer in 24 hours and close in as few as 10 days. No showings, no repairs, no ...

We Buy Houses companies in Minnesota make all-cash offers for homes that often need some work, enabling sellers who lack the time, expertise, and money for repairs to move quickly and receive the cash proceeds from their home sooner if they need it. Maybe you own a mid-century ranch home in Minneapolis that you’re ready to leave behind. The cold winters have been tough on you and your house. Or suppose you want to capitalize on the remote work trend; now you want to get rid of your modern farmhouse, pack up, and leave Rochester for your dream home in Colorado. If you need to sell your Minnesota home quickly, a We Buy Houses for Cash company could be the best solution. However, before you request a cash offer , it’s important to understand how much a Minnesota house-buying company might offer for your home and weigh your options. Once you’re familiar with the process, you can opt to select a company on our list of some of the top contenders and get moving. Need to Sell Your Hous...

Every seller wants to get their house sold quickly, for as much money as they can, with as few headaches as possible. from Keeping Current Matters https://www.keepingcurrentmatters.com/2024/09/23/is-your-house-priced-too-high/

Selling your home in Missouri doesn’t always mean lengthy listings , meticulous renovations , or unpredictable wait times. We Buy Houses Missouri companies offer an enticing alternative, presenting all-cash offers , especially for homes that might be a little rough around the edges. For homeowners who lack the resources, expertise, or simply the time to get their property market-ready, these cash buyers can be a godsend, providing a swift ticket to move forward with their next life chapter. However, is selling your home for cash always the right decision? While it might be an ideal solution for those in a pinch or facing urgent circumstances, there are pros and cons worth considering. In this post, we’ll help you navigate your choices, ensuring you make an informed decision about your Missouri home sale. Need to Sell Your House Fast in Missouri? Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. Receive your offer in 24 hours an...

Selling your home in Colorado Springs can be challenging, especially if you’re looking for a quick, hassle-free process. If you’ve ever thought about turning to cash home buyers to simplify your sale, you’re not alone. Many Colorado Springs homeowners are choosing to sell their homes for cash, rather than deal with the traditional market, in part because of the process is typically faster and easier. Colorado Springs’s housing market is slowing , with homes taking longer to sell . This could be a good time to consider a cash home buyer, especially if you value speed and convenience. In this guide, we’ll explain how to find and sell to Colorado Springs cash home buyers and walk you through the entire cash sale process, step-by-step. Whether you’re a long-time resident or new to the area, our guide will cover everything you need to know to sell your home for cash with confidence. Need to Sell Your House Fast in Colorado Springs? Get an all-cash, no-obligation offer through HomeLig...

When a person passes away, it’s often left to family members to handle their final business affairs and determine the fate of their belongings. In most states , estates of a certain value that have not been placed into a living trust must go through the probate process. Probate is the court-supervised legal procedure that ensures the proper people are given the rights to and responsibility for the decedent’s financial and physical assets. Many legal aspects of the probate process — such as filing the initial and closing petitions — will be handled by your probate attorney. If the decedent’s estate includes property that you intend to sell during probate, you’ll also need a real estate agent with probate experience . Work With a Top Probate Agent Top-performing agents sell homes faster and for more money than average agents. When selling a house in probate, maximizing the home sale can best serve the estate’s interests. Find Agent If I have a probate lawyer why do I need a ...

Disclaimer: As a friendly reminder, this blog post is meant to be used for educational purposes only, not legal advice. If you need assistance deciding whether to sell a house before or after a divorce, HomeLight always encourages you to reach out to your own advisor. If there’s anything harder than working with someone you don’t like, it’s working with someone you used to love. And when that collaboration is essential to protecting your most valuable asset, it’s easy for emotional issues to override good business skills and decision-making. That’s why selling a home during a divorce can be especially treacherous for uncoupling couples. Find an Agent Experienced in Divorce Sales A great real estate agent can help you navigate the complexities of selling a home in a divorce and lighten your load. HomeLight can connect you with a Certified Divorce Real Estate Expert in your area or a top agent with valuable experience helping couples successfully sell their homes due to divorc...

Key takeaways: If you want to beat the competition, now is a great time to buy a house. Daily average mortgage rates have dropped to 6.12% as of September 16th, giving buyers thousands of dollars in buying power compared to July.  Don’t wait to buy; buyers who were scared off by high rates are entering the market , which may boost prices. Total listings are also up 20% over last year, so there’s plenty of inventory to choose from. As of Monday, September 16th, daily average 30-year fixed mortgage rates have fallen to 6.12% , their second-lowest level in nearly two years. This is a nearly 0.3% drop from the initial decrease on August 5th and far below the 7.5% peak in April. In fact, homebuyers today have gained over $30,000 (around $200 per month) in purchasing power since just the beginning of July. Median monthly housing payments fell to $2,534 on September 1st, the lowest level since January. Plus, the Fed announced a surprising 50 bps (0.5%) rate cut in their meetin...

First-time homebuyers have a big hurdle to clear to get their foot in the door of a home of their very own, and buyers in that situation likely have heard that there’s assistance available to help them reach their goal. The Federal Housing Administration (also known as the FHA) is an agency of the U.S. Department of Housing and Urban Development (HUD) that offers first-time buyer support. The FHA doesn’t lend money itself. Instead, it insures mortgages made by lenders. The FHA backing lets lenders offer easier credit terms than non-FHA loans . Save thousands when buying a home HomeLight-recommended real estate agents are top-tier negotiators who understand the market data that helps you save as much as possible when buying your dream home. Find a top buyer's agent FHA loans are especially important for first-time buyers. Based on data from a recent U.S. Census report, it’s estimated that more than 10% of all home loans were FHA-backed. More than 80% of those FHA borrower...

If you find yourself needing to sell your Boise home quickly, it can be overwhelming to know where to start. Whether it’s due to a job relocation, financial changes, or the desire to offload an inherited property, there are many options available to help sell your house fast in Boise’s real estate market. In this guide, we’ll walk you through your best options for a quick sale, from instant cash offers to working with top real estate agents in your neighborhood. We’ll cover the pros and cons of each approach and provide expert tips to help you gain a better understanding of your unique situation so you’ll be well-prepared to navigate the Boise market efficiently. Sell Your Boise House Fast With an All-Cash Offer Get an all-cash, no-obligation offer on your Boise home through HomeLight’s Simple Sale platform whenever you’re ready. Receive your offer in 24 hours and close in as few as 10 days. No showings, no repairs, no open houses. Step 1: Request Offer Why you might need to...