Realty Biz

APRIL 20, 2022

When you find a home you want to buy, your offer will contain many important terms and conditions. When you are not buying or selling a home everyday some of the terms may be foreign to you. Let’s look at the most common contingencies in an offer and what they mean to buyers and sellers. Home Inspection Contingency.

Purchase and sale agreement 106

Purchase and sale agreement Home sale contingency Earnest money deposit Inspection contingency 106

HomeLight

JULY 31, 2020

Once the buyer and seller sign the contract, the closing process begins — and therein lies the rub. While seamless closings are ideal for everyone involved, they almost never happen unless the buyer is paying cash on the home, and even then there can be a roadblock or two. How it can delay closing. Loan approval.

Closing 112

Closing Purchase and sale agreement Title search Earnest money deposit 112

Redfin

MARCH 3, 2022

Sometimes when a homebuyer wants to close on the home as quickly as possible, it can lead to unrealistic contract dates. However, there are often unpredictable roadblocks that can arise during the closing process that will push back your closing and keep you from meeting your deadlines.

Closing 62

Closing Title search Purchase and sale agreement Title 62

HomeLight

APRIL 15, 2022

A couple in Atlanta is ready to sell their charming and recently renovated three bed, two bath brick two-story home. They share photos of the home, complete a digital walkthrough, and have the property exterior inspected. They find this offer to be satisfactory and are able to close in days without mortgage lender involvement.

Title 87

Title House Flipping Title search Sales 87

Redfin

JANUARY 26, 2022

When it comes to a real estate transaction like buying a home , a lot of important paperwork needs to be completed before you can call a home yours. One of these important pieces of paperwork is a purchase and sale agreement. . What is a purchase and sale agreement? What does the purchase and sale agreement consist of?

Purchase and sale agreement 56

Purchase and sale agreement Earnest money deposit Sales Title 56

HomeLight

JUNE 23, 2022

Earnest money is a deposit from a buyer paid at or immediately after having an offer accepted for a home to indicate that they are serious about following through with the transaction. 5k for a $500K home). It is usually held in the broker’s or title company’s trust or escrow account until closing. What is earnest money?

Earnest money deposit 108

Earnest money deposit Purchase and sale agreement Due diligence Home sale contingency 108

HomeLight

OCTOBER 30, 2020

If you’re looking to buy a home, you’ve probably heard that cash is kind of a big deal in real estate. But is the cash closing process always seamless? A cash deal can close in as little as 7 days, while financed home purchases tend to take an average of 45 days to close. Why do sellers love cash so much?

Closing 112

Closing Inspection contingency Title search Purchase and sale agreement 112