Remove Due diligence Remove Inspection contingency Remove Land Remove Purchase and sale agreement
article thumbnail

Yes, You Can Sell a House With Mold: What Homebuyers Need to Know

HomeLight

It’s in the air, but it doesn’t grow until it lands on something that’s moist.”. Even if it’s not legally required, the seller could still face issues with the sale because the mold issue could come to light and could put the sale in jeopardy. But if they don’t want to handle it, they may offer you a credit on the sale.

article thumbnail

Think The Cash Closing Process Is Always Fast? 11 Delays Buyers Should Watch Out For

HomeLight

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. And if you add a home sale contingency into the mix (that is, if you need to sell your current home before you can buy a new one), closing the deal can take even longer. Why do sellers love cash so much?

Closing 112
article thumbnail

Eliminating Stringent Contingencies: How to Make a Contingent Offer Stronger

HomeLight

As the term implies, a contingent offer proposes a deal that can only be brought to fruition if certain conditions are met. As you’d likely imagine, some contingencies are negotiable, while others simply are not. Home inspections. So can a financing contingency be negotiable? Sales contingency.