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What Happens if the Inspection Contingency Expires on a Home Offer?

HomeLight

For this reason, most contracts contain an inspection contingency clause. But what happens if the inspection contingency expires? If this contingency period lapses before you’ve finalized your decisions, will you lose your deposit? Get Started How does an inspection contingency work?

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Pending legislation would end home inspection waivers in Massachusetts

Housing Wire

A housing market marked by relatively high interest rates and tight inventory — and punctuated by the practice of home inspection waivers to sweeten offers — are taking a bite out of business for home inspectors, who play a key role in the sales process by ensuring that buyers are not being sold a lemon of a house. and Canada.

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Top 10 ways to get homebuyers to work with you

Housing Wire

Ultimately, every homebuyer prospect, every contract and every negotiation is different, but your value should be consistent for all situations and clients. How you conduct yourself and how you present to each buyer prospect should not vary by situation. Top 10 ways to get homebuyers to work with you 1. Always be one step ahead of your clients.

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20% of Winning Home Offers Waived the Inspection Contingency in June, Up From 13% Last Year

Redfin

of successful offers submitted by Redfin agents in select major U.S. markets waived the inspection contingency, compared with just 13.2% Winning offers waived the appraisal contingency at a similar rate—20.6%—up Winning offers waived the appraisal contingency at a similar rate—20.6%—up In June, 19.9% up from 17.4%

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5 Things Homebuyers Need To Know When Making an Offer

Keeping Current Matters

A skilled agent will do everything they can to help you stay on top of every possible opportunity. And, as soon as you find the right home for your needs, that agent will help you draft and submit your best offer as quickly as possible. Just remember, there are certain contingencies you don’t want to forego. Bottom Line.

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5 Tips for Making Your Best Offer

Keeping Current Matters

After you’ve worked with your agent to find the home that suits your needs, they’ll help you put together and submit your best offer as soon as possible. After you’ve worked with your agent to find the home that suits your needs, they’ll help you put together and submit your best offer as soon as possible. Know Your Budget.

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5 Tips for Homebuyers Who Want to Make a Competitive Offer

Keeping Current Matters

Listen to Your Real Estate Agent. As soon as you find the right home for your needs, be prepared to work with your agent to submit an offer as quickly as possible. There are, however, certain contingencies you don’t want to forego. Here are five keys to success for this important stage in the homebuying process. Bottom Line.