Remove Closing Remove Earnest money deposit Remove Inspection Remove Rent back
article thumbnail

Closing on a House Checklist: 6 Things Home Buyers Must Do Before They Move In

Realtor.com

That’s why we’ve put together a home closing checklist, which outlines your action points in those few days leading up to settlement. Keep this closing process list handy to know you’ve done what you need to in order to close the deal. If something is wrong, you can request that it be fixed—or you can back out of the sale.

Closing 139
article thumbnail

How to Buy a House in San Diego: 14 Steps to Close the Sale

HomeLight

People who live here love the proximity to some of the west coast’s best beaches, as well as being close to destinations like Disneyland, Joshua Tree National Park, and the deserts of Palm Springs. Closing costs in California average about 1% of the home’s sale price , and there are other pre-paid costs you might have as well.

Closing 87
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 Tips For Winning A Bidding War On A House

Realty Biz

Waive Your Home Inspection. We all want to be rich, so we spend countless money trying to win, even though the chances are low that it will happen. Waiving a home inspection is somewhat of a gamble but the odds you’re buying a home with some catastrophic problem is low. Rent back agreements can be super attractive.

article thumbnail

Everything You Need to Know About Making an Offer: 15 Tips for Homebuyers

HomeLight

That means buyers who want to close a deal need to come prepared with their A-game when it comes to making an offer. Yes, writing a high offer will incentivize the seller, but money isn’t the only factor! Determine how much earnest money to offer. In highly competitive markets, deposits as high as 10% could be offered.

article thumbnail

16 Tips to Win a Bidding War on a House

The Close

Ensure Your Client Has Loan Pre-approval Many sellers are anxious to get to the closing table quickly, which drives many to cash buyers , even for a lower price. Offer a Sizeable Down Payment Make a big impression by offering a large earnest money deposit (EMD) to hold the contract.

article thumbnail

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

HomeLight

When you closed on your first home, you probably weren’t thinking that one day you’d want to sell. Getting the timing right — selling your old house, closing on a new house, and then moving into your new house — can be a challenge. But after a few years, it’s easy to outgrow your space. Cons of a sales contingency for buyers.

Rent back 102
article thumbnail

What Is a Home Sale Contingency?

HomeLight

Other common contingency clauses include: Inspection Contingency: If the buyer finds fault with the home inspection report, they can ask for the seller to make repairs, or they can cancel the contract within the contingency period. If the buyer’s current home sells, the sale of the new home can proceed.