## Does it make sense to sell a house without repairs?

 

Selling a house in poor condition may seem counterintuitive. You might be thinking but I want to maximize my sale price, shouldn't I spend money repairing the property? Or don't homebuyers want to buy a turnkey property?

 

Across multiple recent surveys, a majority of prospective homebuyers are interested in saving money by buying fixer uppers. Perhaps this doesn't come as a surprise, but mainstream television has glorified the DIY fixer upper approach to home remodeling. Millennials, with more energy and student debt than other generations are most interested in this approach.

 

The objective, therefore, is not to maximize the sale price in gross terms. The objective is to maximize the sale price while minimizing the capital (i.e. cash) needed to achieve that sale price. That is to say, you need to carefully evaluate the return on invested capital when considering repairing a home or investment property before selling. If you do this properly, you will find that it often makes financial sense to sell a home in poor condition.

 

Let's take a look at an example. If you have a $100,000 property in poor condition and you can invest $100,000 to bring the ARV (after repair value) to $250,000, it might be tempting to move forward with the rehab project in pursuit of that $50,000 in forced equity. Before you do, here are the things you should be considering:​

 

## Market condition

Is it a seller's market where demand from buyers is outpacing the supply of housing inventory? Or is it a buyer's market where homes are selling below list price and sitting for long periods of time?

 

## Neighborhood

Do homes often sell for $250,000 in this neighborhood, or is $250,000 a stretch and unlikely to achieve no matter how much patience you have leaving the home on the market?

 

## Project requirements

Do you have the right team to successfully complete the project in a timely and cost effective manner? How sure are you that you can conduct the renovation quickly and within your budget?

 

## Which improvements pay off?

Most home improvements deliver less in added home value than their cost. That is to say for every $1 you spend, you are likely to get less than $1 in added home value. It's important to choose your repairs wisely.

 

We would love to provide you with a table of estimated home improvement payback percentages but the truth is that home repairs and renovations are incredibly subjective to the local market, cost of labor, cost of material, and home specifications. For example, adding a second bathroom to a 4 bedroom house is going to have significantly higher payoff than re-doing the single bathroom in said house. Are you following us?

 

## What should you do before selling your house? 

 

Selling a home in poor condition and avoiding expensive projects doesn't mean you should not do anything before selling your home.

 

## Roof leaks

Make sure your roof is not leaking. Patch the leaks, prime and paint water stains. Buyers don't want to deal with active leaks. It raises concerns about immediate cash needed beyond down payment and closing costs. Notice we are not saying you need to replace your entire roof.

 

## Bathrooms

Re-caulk the tub and clean the tiles. Give buyers a clean slate. No one wants to inherit your mildew, moldy caulking.

 

## Plumbing and HVAC

Make sure these systems are in working order, again avoid replacement.

 

## Professional cleaning and photography

Before going on a date you dress up and make an effort to look your best, but you don't necessarily go out and spend thousands on clothing, jewelry and plastic surgery. The same holds true for intelligent, effective home selling.

 

## To give your property the best chance of finding love, we recommend the following:

 

- "deep clean" the interior
- power wash the exterior
- 25 professional photos
- Matterport 3D walkthrough
- virtual staging

 

All of the above should run you less than $2,000.

 

## Make it clear you are selling the property as-is

This means you are not making any representations or warranties about the condition of the property and you are not going to fix things that are discovered during the inspection.

 

## How does selling AS IS compare to fixing up before selling?

 

| Comparison | As Is | Traditional |
|:-------------------------------------:|:-------------------------:|:-------------------------:|
| Listing price point | More attractive to buyers | Less attractive to buyers |
| Investment required (% of home value) | 0 - 2% | 1% - 10%+ |
| Time to sell | Fast | Slow |
| Hassle | Low | High |

 

* Comparison data presented in the above table is based on national averages and estimates. 

 

## Sell AS IS with OfferMarket

 

OfferMarket is an AS IS real estate marketplace. We believe you should be able to sell your home AS IS and receive competitive offers. Our streamlined transaction flow and proprietary listing distribution technology targets thousands of qualified buyers and makes them compete for your home. 

## How it works:

**1. Create free listing.**
Set your terms, launch your campaign.

**2. Make buyers compete.**
Once we have a critical mass of interested and pre-qualified buyers (typically within 2 weeks), we will coordinate a Safe Showing. You will typically receive multiple competitive offers within 24 hours of your Safe Showing.

**3. Review offers: accept or reject**
If you accept an offer, we send our contract to you and the buyer and introduce you to our title company for closing.

**4. Close your sale.**
Buyers on OfferMarket are carefully qualified and expected to close within 30 days of offer acceptance.

Learn why and when selling a house in poor condition makes financial sense. The key to selling your home fast in poor condition hinges on value and careful ROI analysis. This guide will show you how to sell a house in poor condition.

Selling A House In Poor Condition

<img load="lazy" src="https://upload.wikimedia.org/wikipedia/commons/a/a3/Flag_of_Anne_Arundel_County%2C_Maryland.svg" alt="Anne Arundel country Maryland flag">

 

Below you will find a list of top rated property management companies Anne Arundel county. Identifying the top property management firm in Anne Arundel county will take research. Make sure to talk to company representatives, interview them with the questions we provide below and read reviews. This process is paramount in identifying the best firm that will address all of your landlord needs and justify their monthly fees while keeping your tenants happy. 

 

## Bay Property Management Group
<img load="lazy" src="https://cdn-ckdap.nitrocdn.com/ibkjcADpOVHAMmMGABlekNLKmOeXxucL/assets/static/optimized/rev-d66339c/wp-content/uploads/2020/02/BMG_LogoX300.jpg" alt="Bay Property Management Group logo">

 
Description: Bay Property Management Group is a full-service rental property management company, handling residential and multi-family properties throughout. A competitive monthly management fee, which can vary drastically. We have some owners who pay 3% and other owners who pay 10%. The monthly management fee depends on the number of units you have with Bay Property Management Group, the location of the property, and the expected rental amount on a monthly basis. Typically our management fee falls between 5-8%. We charge one month’s rent to lease a vacant unit. This fee is only charged once the tenant moves into the property. We do NOT charge this fee upfront. Our lease renewal fee ranges from $100-$299, depending on the state and jurisdiction. We do not charge for any of the following. We do not charge supervisory fees for routine maintenance. We do not charge you management fees while your property is vacant. We do not have any start-up fees. We do not have any termination fees 
 

Website: [https://www.baymgmtgroup.com/property-management-anne-arundel-county/](https://www.baymgmtgroup.com/property-management-anne-arundel-county/) 

Phone: (240) 224-8220 

Google Rating: [4.8](https://www.google.com/search?q=Bay+Property+Management+Group+Anne+Arundel+County&ludocid=18205238826763446506&gsas=1&lsig=AB86z5UomJTb-Irxkob4jBC2P_N8&sa=X&ved=2ahUKEwjkzo3g_oH0AhVCl3IEHQLTBpkQoAJ6BAgLEAM&biw=1794&bih=820&dpr=2#lrd=0x89b7fd27545beaad:0xfca60041e86268ea,1,,,) 

 Google Reviews: [70](https://www.google.com/search?q=Bay+Property+Management+Group+Anne+Arundel+County&ludocid=18205238826763446506&gsas=1&lsig=AB86z5UomJTb-Irxkob4jBC2P_N8&sa=X&ved=2ahUKEwjkzo3g_oH0AhVCl3IEHQLTBpkQoAJ6BAgLEAM&biw=1794&bih=820&dpr=2#lrd=0x89b7fd27545beaad:0xfca60041e86268ea,1,,,) 

Property Management Monthly Fee: [3%-10%](https://www.baymgmtgroup.com/property-management-services/fees-and-rates/) 

Leasing fee: [1 month's rent](https://www.baymgmtgroup.com/property-management-services/fees-and-rates/) 

Lease renewal fee: [$299](https://www.baymgmtgroup.com/property-management-services/fees-and-rates/) 

 

## Tidewater Properties
<img load="lazy" src="https://227orp11amrz3iqyeb2a3lhr-wpengine.netdna-ssl.com/wp-content/uploads/2017/05/logo.png" alt="Tidewater Properties logo">

 
Description: Go ahead and add Tidewater to your speed dial now because we’re the only call you’ll have to make. Not only can you rely on our in-house management and administrative team, but you also have direct access to our network of scrupulously screened vendors, technicians, and associates. After so many years in property management in Anne Arundel County, we have learned to expect and plan for the unexpected. 

Website: [https://www.tidewaterproperty.com/anne-arundel-county-md/](https://www.tidewaterproperty.com/anne-arundel-county-md/) 

Phone: (443) 548-0191 

Google Rating: [3.4](https://www.google.com/search?q=Tidewater+Property+Management,+Inc.&ludocid=6548673081252915105&gsas=1&lsig=AB86z5WQ16EkSbcp3DSs9Fq5D6Xo&sa=X&ved=2ahUKEwi6xpKYh4L0AhWvV98KHfl0AsAQoAJ6BAgMEAM&biw=1794&bih=820&dpr=2#lrd=0x89c816f8eb072bd5:0x5ae18f78963e27a1,1,,,) 

Google Reviews: [281](https://www.google.com/search?q=Tidewater+Property+Management,+Inc.&ludocid=6548673081252915105&gsas=1&lsig=AB86z5WQ16EkSbcp3DSs9Fq5D6Xo&sa=X&ved=2ahUKEwi6xpKYh4L0AhWvV98KHfl0AsAQoAJ6BAgMEAM&biw=1794&bih=820&dpr=2#lrd=0x89c816f8eb072bd5:0x5ae18f78963e27a1,1,,,)

Property Management Monthly Fee: [Request to find out](https://www.tidewaterproperty.com/applicationsandrequests) 

Leasing fee: [Request to find out](https://www.tidewaterproperty.com/applicationsandrequests) 

Lease renewal fee: [Request to find out](https://www.tidewaterproperty.com/applicationsandrequests) 

 

## Chesapeake Property Management
<img load="lazy" src="https://www.chesapeakepropmgmt.com/images/logo.png" alt="Chesapeake Property Management logo">

 
Description: Chesapeake Property Management, Inc. is exclusively dedicated to managing residential real estate in the Baltimore - Washington corridor. With offices in Baltimore, Maryland, Owings Mills, Maryland and Odenton, Maryland, we are 100 percent focused on reducing your risk, marketing your property, securing qualified tenants and maximizing your rental income. 

Website:[https://www.chesapeakepropmgmt.com/Annapolis-property-management](https://www.chesapeakepropmgmt.com/Annapolis-property-management) 

Phone: (240) 297-1970 

Google Ratings: [4.9](https://www.google.com/search?q=Chesapeake+Property+Management&ludocid=14599271093929510390&gsas=1&lsig=AB86z5XD7zmB2wZ5f6vCqAIArGvT&sa=X&ved=2ahUKEwjc5L_t6oT0AhWdrHIEHZN9DkUQoAJ6BAgMEAM&biw=1794&bih=820&dpr=2#lrd=0x89b7e5af4a378c1b:0xca9b07b5ad4c05f6,1,,,) 

 Google Reviews: [83](https://www.google.com/search?q=Chesapeake+Property+Management&ludocid=14599271093929510390&gsas=1&lsig=AB86z5XD7zmB2wZ5f6vCqAIArGvT&sa=X&ved=2ahUKEwjc5L_t6oT0AhWdrHIEHZN9DkUQoAJ6BAgMEAM&biw=1794&bih=820&dpr=2#lrd=0x89b7e5af4a378c1b:0xca9b07b5ad4c05f6,1,,,) 

Property Management Monthly Fee: [Request to find out](https://www.chesapeakepropmgmt.com/Annapolis-property-management) 

Leasing fee: [Request to find out](https://www.chesapeakepropmgmt.com/Annapolis-property-management) 

Lease renewal fee: [Request to find out](https://www.chesapeakepropmgmt.com/Annapolis-property-management) 

 

## McKenna & Vane Property Management
<img load="lazy" src="https://mckennavanepm.com/user/assets/v2-Mkenna-Vane-Logo-Black-01.png" alt="McKenna & Vane Property Management logo">

 
Description: We are experts in managing rentals and have provided property management services in many different Maryland countries and property types. Over the years, our property management services have helped landlords in Columbia, Anne Arundel County, Carroll County, Eldersburg and Sykesville, Ellicott City, Frederick, Gaithersburg, Hanover, Howard County, Montgomery County and Mount Airy. 

Website: [https://mckennavanepm.com/anne-arundel-property-management/](https://mckennavanepm.com/anne-arundel-property-management/) 

Phone: (301) 703-8606 

Google Ratings: [4.8](https://www.google.com/search?q=5850+Waterloo+Road+Ste+140+Columbia%2C+MD+21045+410-381-3331&oq=5850+Waterloo+Road+Ste+140+Columbia%2C+MD+21045+410-381-3331&aqs=chrome..69i57.143j0j1&sourceid=chrome&ie=UTF-8#lrd=0x89b7e082a3e33059:0xe1571b7dcc333fea,1,,,) 

Google Reviews: [133](https://www.google.com/search?q=5850+Waterloo+Road+Ste+140+Columbia%2C+MD+21045+410-381-3331&oq=5850+Waterloo+Road+Ste+140+Columbia%2C+MD+21045+410-381-3331&aqs=chrome..69i57.143j0j1&sourceid=chrome&ie=UTF-8#lrd=0x89b7e082a3e33059:0xe1571b7dcc333fea,1,,,) 

Property Management Monthly Fee: [Ranges from 8.3%-11.2%](https://mckennavanepm.com/pricing/) 

Leasing fee: [Depends on the plan selected, visit their pricing page](https://mckennavanepm.com/pricing/) 

Lease renewal fee: [Depends on the plan selected, visit their pricing page](https://mckennavanepm.com/pricing/) 

 

## Pioneer Enterprises LLC
<img load="lazy" src="https://images.homesconnect.com/AccountData/150120606/rzt_hc_1585.jpg" alt="Pioneer Enterprises LLC logo">

 
Description: Are you looking for a reliable property management company for your Anne Arundel County rental homes or properties? Do you want to get the best management of your rental or investment properties in Anne Arundel County? If yes then your search ends here at Renturhome.com, a portal by Pioneer Enterprises, LLC - a reputed property management company in Anne Arundel County, Maryland. 

Website: [https://www.renturhome.com/Pages/property-management-company-in-anne-arundel-county-md.aspx](https://www.renturhome.com/Pages/property-management-company-in-anne-arundel-county-md.aspx) 

Phone: (410) 354-1111 

Google Ratings: [4.2](https://www.google.com/search?q=Pioneer+Enterprises+Management+Company&ludocid=14076105763534908418&gsas=1&lsig=AB86z5XGOfNf2ViAF8L95aLDnG_z&sa=X&ved=2ahUKEwj0wt7E74T0AhXRmHIEHd5jDZsQoAJ6BAgLEAc&biw=1794&bih=820&dpr=2#lrd=0x89c802eb9eae7b79:0xc3585f9d1053ac02,1,,,) 

Google Reviews: [81](https://www.google.com/search?q=Pioneer+Enterprises+Management+Company&ludocid=14076105763534908418&gsas=1&lsig=AB86z5XGOfNf2ViAF8L95aLDnG_z&sa=X&ved=2ahUKEwj0wt7E74T0AhXRmHIEHd5jDZsQoAJ6BAgLEAc&biw=1794&bih=820&dpr=2#lrd=0x89c802eb9eae7b79:0xc3585f9d1053ac02,1,,,) 

Property Management Monthly Fee: [7%-10% depending on number of properties](https://www.renturhome.com/Pages/property-management-company-in-anne-arundel-county-md.aspx) 

Leasing fee: [1 months rent](https://www.renturhome.com/Pages/property-management-company-in-anne-arundel-county-md.aspx) 

Lease renewal fee: [$0.00](https://www.renturhome.com/Pages/property-management-company-in-anne-arundel-county-md.aspx) 

 

## Important factors to consider

 

When evaluating a property manager there are several important factors that you need to consider other than their monthly fees to make a good decision. While monthly fees are important, renewal fees and leasing fees are a key consideration, sometimes other services property managers provide might be well worth above average fees. Consider reviews and what others have to say about about their experience with each property manager before moving forward and signing a contract. Do your research!

 

Here are additional factors that you should take into the account:

 

- Staff on call and available 24/7 in Anne Arundel county
- How quickly they address maintenance issues
- Do they have an extensive list of contractors in Anne Arundel county
- Do they have a large team of professionals in Anne Arundel country to server as back ups
- How many years of experience do they have in Anne Arundel county, managing rental in different locations sometimes calls for additional skills
- Do they have a competitive rate for Anne Arundel county? If their rate is higher what justifies that? If its lower, is it because they lost clients and need to discount their service?
- Are they locally operated in Anne Arundel county? Proximity to your rental property is key to providing best property management service. 
- Do they collect rent in person in Anne Arundel county or do they have more sophisticated tool to handle rent collection?
- Why tenant services do they provide?
- Will they find tenants Anne Arundel county?
- Will they post house listing Anne Arundel county?
- Will they evict tenant Anne Arundel county?
- Do they have good testimonials from other landlords Anne Arundel county?
- Will they quickly find tenants Anne Arundel county?
- Do they have decades of experience Anne Arundel county?
- Do they have access to best contractors Anne Arundel county?
- Do you feel comfortable entrusting you investment property Anne Arundel county to this property management company Anne Arundel county after having an interview with them?

 

## Questions to ask a potential property manager

Below you will find a list of interview questions you must ask a potential property management firm before agreeing to hire them to manage your property. These questions will help you identify a good firm and set expectations from day one. Make sure to note their responses so you have an easy way to compare between candidate firms that you interview. Remember you are the client, they will manage and represent you to your tenant, this is a key to being a successful landlord, so no questions are off limits to help you figure which company is the right fit. If any of the responses rub you the wrong way, make sure to note that down and always go with your gut feeling. If something is wrong in this early stage, then its more than likely additional problem will follow, especially when you are not in the room and the firm engages with your tenant directly. Imagine loosing a long term tenant because property management firm didn't do a good job maintaining your property, this is a scenario these questions will help you avoid. 

 

1. What is your monthly property management fee?

2. What is the leasing fee?

3. What is lease renewal fee?

4. Do you have a point of contact who is available 24/7?

5. Do you have a back-up contact in case the first contact is not available?

6. Do you provide any warranties, such as tenant durations warranties? 

7. Do you provide any warranties on how quickly you can find a tenant for my rental?

8. Do you handle all types of rental maintenance issues? 

9. How many rentals do you manage in Anne Arundel county? 

10. What have I not asked you that I should know about? (this is a great open ended question that might reveal more about the company that you didn't anticipate)

11. Why should I choose you over other best property management companies Anne Arundel county? (this is another great open ended question that might reveal more about the company that you didn't anticipate)

 

## Can landlords sell properties with tenants in place? 

 

Landlords often believe that they have to vacate their property and stage it to get top dollar for their portfolio rental. OfferMarket exists to dispels this notion. Everyday tired landlords or busy landlords post their rental properties with tenants in place on our free and open real estate marketplace to see if another rental investor would give them an offer for their rental. 

 

OfferMarket specializes in augmentation of rental portfolios, ether through disposition of outlier properties or through acquisition of attractive rental with tenants already in place. If you want to test the market and see if you get offers on your rental with tenants in place, [create a free listing](https://www.offermarket.us/sell) and see if other landlords would offer you an even higher price than the market since you already have tenants in place and they would have to do less work to make it cashflowing. On the other hand, if you are looking for cash flowing properties, [checkout our map](https://www.offermarket.us/listings) to see if there are any rental properties that might catch your eye, feel free to talk directly to the seller, schedule a tour or submit an offer, completely free and without any obligations. OfferMarket exists to help Maryland landlords buy and sell properties, commissions free, with ease and expediency. 

 

Checkout our [listings on our map](https://www.offermarket.us/listings) or [create a free listing to test the market](https://www.offermarket.us)

Checkout the top Anne Arundel county property management companies that will help any busy landlord manager their properties

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Who are the top Anne Arundel county property management companies? - OfferMarket

Who are the top Anne Arundel county property management companies?

<img load="lazy" src="https://cms.offermarket.us/uploads/toa_heftiba_o_Kb_Qx_Vusp8_M_unsplash_29a8475fb3.jpeg" alt="toa_heftiba_o_Kb_Qx_Vusp8_M_unsplash_29a8475fb3.jpeg">

 

## Selling a Condo Online in Today's Economy

 

Selling a condo in today's economy is different than it used to be. The impact of COVID-19 has distorted prices and demographics in many markets. The exodus from urban markets to suburban markets has also had a downward impact on demand. The most pronounced impact is behind us in 2020, with many urban areas seeing heavy gains in late 2021. So, how can you sell your condo in this environment?

 

People are spending more time online, so it's easier than ever to get attention for your property. The main question is what method will get you the highest price for your condo at the least effort? Two main methods are, hiring an agent or doing it yourself. Its not 1999 anymore, tools for selling yourself are more advanced. So keeping more money in your pocket is easier than ever. 

 

## Pros of selling your condo online with an agent

 

Hiring agents is the accepted default way to go. Everyone has a friendly family friend real estate agent who will be glad to take you on as a client. There are clear pros to selling with an agent. They will guide you through the transaction steps. They will tell you to clean up you place for pictures. Post them online for you. Write a description and post it to a few online sites to spread the word. They will inform you when people want to tour your property and open the door for them while you are not there. They will connect you with their favorite title company to handle final paper work. Note that title company charges a separate, flat fee. 

 

As you can see, the main pro of working with an agent is that they will hold your hand through a pretty standard process. You won't have to do the tasks mentioned above and can hang back and wait until you they get you a few offers. 

 

## Cons of selling your condo online with an agent

 

The main con of working with an agent is the commission they charge. The steps outlined in the section above are very standard. Does completing those steps really worth $20,000 dollars that you might get charged? Can you take some pictures of your home? Can you write a description of your property? Can you post all this information online? Can you let in few prospective buyers on a tour? Can you accept offers and pick the best one? Can you contact a local title company and ask them to handle closing documents? If you answered, yes, to the questions above you might make enough money on your condo sale to buy a new car. How do like BMW? Many agents drive BMWs, now you can see why. 

 

## Pros of selling your condo online as for sale by owner

 

The main pro of selling your condo online [for sale by owner (FSBO)]("https://www.offermarket.us/real-estate-glossary/fsbo") is that you are in full control of the deal. This means you will reap the financial benefits of the deal without anyone else. You will have full confidence that there is no double dealing. That your agent isn't helping their agent friend on the other side get a good deal at your expense. No one will be steering your hand toward a faster close on less favorable terms. You will get the full value of your property. 

 

## Cons of selling your condo online as for sale by owner

 

The are 2 main cons of selling your condo online for sale by owner. Con number one is that you will have to set up an attractive listing. Con number two is that you will have to show your property to buyers. There are no more cons. Both of these things are not very time consuming and with modern technology tools they are a breeze. Does doing those two things worth $20,000 extra dollars to you? 

 

## Final verdict on the best way to sell your condo online

 

Weighting pros and cons of selling with an agent versus selling yourself. The scale is tipped toward selling yourself, or [for sale by owner (FSBO)]("https://www.offermarket.us/real-estate-glossary/fsbo"). Read on below to see the easiest way to accomplish that and get the most for your property. 

 

### Most important question is how to correctly price my condo to sell?

 

How you price your condo is the single most important step that can make your selling process easy or tough. The first step is to understand the local market and find out how much similar condos are selling for. Make sure to consider, size, amenities and location in your analysis. 

 

The most important piece of advice in terms of pricing is to underprice your initial list. There lies an important strategy. If you overprice, no one will even checkout and engage with your property because the price is a non starter. If you underprice, more people will think it's a deal. You don't ultimately have to sell your condo under the market price. You should definitely list it under the market price to attract initial interest. Once you get a few tours and offers it will be much easier to start a bidding war and get a higher price. This higher price often ends up being even higher than the market. Bidders get too absorbed and emotionally attached to the property. 

 

## How to sell condo online?

 

There are a number of site where you can list your condo, such as:
- OfferMarket.us
- Houzeo.com
- FSBO.com
- Fizber.com
- Zillow.com (FSBO)

 

We recommend listing on all of those sites because there is really no down side to doing so. It does take some work to create logins but the extra reach you get is worth it. Once you have a set of good pictures and a description, all it takes is reposting it from site to site. We do recommend pointing back to your OfferMarket listing on the other sites. This is because OfferMarket is much more than a catalogue of properties. It is a self-checkout for real estate. 

 

OfferMarket, has tools, like Co-Pilot to help you navigate the selling process. Co-Pilot is like a virtual agent that guides you through the selling process. Not only will it help you post pictures and description, it will help you schedule tour request. Help you communicate with potential buyers and review their offers.

A practical guide on how to sell a condo online using the latest tools in Real Estate in todays economy - OfferMarket Blog

How to sell a condo online in todays economy? - OfferMarket Blog

How to sell a condo online in today's economy?

Grow your real estate investing business with the most competitive DSCR loan product. OfferMarket also provides DSCR rental loans, bridge loans, hard money, fix & flip, rehab, ground up construction loans.

Rental Loans

What is a HUD-1 Settlement Statement?

ALTA and HUD-1 settlement statements

Private Lender Info

## What is a HUD-1 Settlement Statement?

 

A HUD-1 is an official settlement statement form provided by the U.S. Department of Housing and Urban Development. The HUD-1 is used to show the debits and credits for the buyer and seller in a real estate transaction. 

 

## [ALTA and HUD-1 settlement statements](https://drive.google.com/drive/folders/1Q1I-B7FVaTGQJO7XFQxw5fs7r9Ai5pAh)

 

The title attorney or real estate attorney conducting the real estate settlement will provide a HUD-1 to the seller and the buyer. It's important to carefully review the HUD-1 to make sure there are no errors. This document is then signed by the seller and the buyer at closing.

 

## Private Lender Info

 

- [ALTA](https://www.offermarket.us/real-estate-glossary/alta)
- [ISAOA/ATIMA](https://www.offermarket.us/real-estate-glossary/isaoa-atima)
- [Mortgagee Clause](https://www.offermarket.us/real-estate-glossary/mortgagee-clause)
- [CC](https://www.offermarket.us/real-estate-glossary/cc)

A HUD-1 is a settlement statement used to show the debits and credits for the buyer and seller in a real estate transaction.

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What is HUD-1 in real estate?

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What is a HUD-1 Settlement Statement?

ALTA and HUD-1 settlement statements

Private Lender Info

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