HomeLight

MARCH 20, 2023

That means a large majority of homebuyers must consider the sale of their current home prior to buying a new one. Most often, this type of scenario calls for a home sale contingency. Find a Buyer's Agent What is a home sale contingency? Thus, the purchase agreement is “contingent” on the sale of the buyer’s existing home.

Home sale contingency 86

Home sale contingency Purchase and sale agreement Sales Earnest money deposit 86

Realty Biz

MAY 1, 2022

To make an informed decision, it’s important to understand the following: 1) What is the inventory of houses for sale? Escalation clauses are often included in house purchase agreements to allow you to go over other offers by a set amount of money. Waive The Home Inspection. Let The Seller Rent Back The House.

Purchase and sale agreement 145

Purchase and sale agreement Rent back Pre-approval Inspection 145

Realtor.com

OCTOBER 29, 2020

Most purchase agreements have contingencies —things that buyers must do before the real estate transaction is official, explains Jimmy Branham , a Coral Springs, FL, real estate agent at the Keyes Company. If something is wrong, you can request that it be fixed—or you can back out of the sale. Clear the title.

Closing 139

Closing Earnest money deposit Inspection contingency Purchase and sale agreement 139

HomeLight

MARCH 31, 2022

But one of the most influential bargaining tools is eliminating contingency clauses, especially the seller contingency clause, also known as the home sale contingency. Financing contingency: Even if you are preapproved for a mortgage loan, you may run into a problem getting a loan approved for a specific property.

Home sale contingency 77

Home sale contingency Sales Purchase and sale agreement Inspection contingency 77

Realty Biz

MAY 16, 2022

With so few homes for sale, buyers are fighting over each property that hits the market. Waive Your Home Inspection. Waiving a home inspection is somewhat of a gamble but the odds you’re buying a home with some catastrophic problem is low. Remove Your Mortgage Financing Contingency. Waive The House Appraisal.

Earnest money deposit 95

Earnest money deposit Purchase and sale agreement Rent back Inspection 95

HomeLight

OCTOBER 1, 2020

If the appraiser only looked at sold listings while there are pending sales that might be more comparable to your would-be property, that’s something else that can affect a home’s appraised value. Short sales in the neighborhood . In some cases, short sales may be to blame for a low appraisal. Be prepared to walk away.

Purchase and sale agreement 83

Purchase and sale agreement Short sale Rent back Sales 83

HomeLight

JANUARY 28, 2022

We buy houses” companies are flippers who purchase properties “as is” for cash and renovate them, generating a profit at resale. We buy houses” operations are cash buyers or house buying companies that purchase homes directly from homeowners. Need a quick sale? But no one wants to be taken advantage of, conned, or ripped off. “We

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Purchase and sale agreement Investor Agents Sales 104