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How to Sell Your Home With a Rent-Back Agreement

HomeLight

You have options, such as a rent-back agreement, aka, a lease-back deal, that would allow you to stay in the home you just sold a bit longer to give you time to find a new place, to wait for the next home to be built , or to let your children finish the school year. What is a rent-back agreement?

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Homeownership Terms to Know: Rent-Back Agreement, Joint Tenancy & More

Windemere Buying

Rent-Back Agreement. A rent-back agreement (also known as a sale lease-back) is tailor-made for homeowners who are buying a home while selling their current one. The money collected from sellers’ rent payments is an obvious bonus for buyers. 7 Signs You’re Ready to Buy a Home.

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It’s a seller’s market: What does that mean for contingencies?

Housing Wire

These contingencies are all designed to protect you as a borrower — to make sure you’re getting a safe and habitable property, that you have the funds to pay for it, and that you’re not stuck paying two mortgage payments at once. They mean a longer sales process, potential repair costs, and maybe even a lost deal altogether.

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Opendoor vs Offerpad: How Do These Homebuying Companies Match Up?

HomeLight

Alternatively, HomeLight can provide an all-cash offer to purchase your home through our Simple Sale platform. They offer a quick closing process designed to suit home sellers who need a fast transaction or just don’t want to be bothered with the fuss of listing. When you sell, they deduct the costs from your sale proceeds.

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Is a Home Sale Contingency Clause Always Necessary? Here Are Your Options

HomeLight

To succeed in getting a seller to consider your offer, you need to work in advance with your real estate agent to assess the best bargaining tools to entice the seller to move your offer to the top of the list. ” “The home sale contingency adds another layer that a seller would have to take into consideration when evaluating an offer.

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Why Hire a Real Estate Agent? 11 Reasons Why Buyers Should Work With A Pro

HomeLight

And if you’ve recently overheard a work colleague gloating about how they easily bought a house without a real estate agent, one of those questions might be whether you actually need to hire an agent at all. Yes, you can buy a house without the aid of a real estate agent. Source: (LinkedIn Sales Solutions / Unsplash).

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I Have to Make an Offer Contingent Upon Selling My House. How Do I Sweeten the Deal?

HomeLight

This is why many buyers make offers on their new home that include a sales contingency. With a sales contingency in your offer, you won’t have to close on your new home unless you’ve sold your old home. But a sales contingency could also make it harder to get an offer accepted. Source: (LinkedIn Sales Solutions / Unsplash).

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