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How Long Can a House Be Under Contract?

Norada Real Estate

Purpose of Under Contract The purpose of the under-contract period is to allow both parties to fulfill any contingencies and prepare for closing. However, the duration can be influenced by several factors, such as contingencies, negotiations, and local regulations. But how long can a house be under contract?

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First Time Selling a House Checklist

Realty Biz

From experience, many potential sellers need the guidance of skilled agents. Working with an experienced real estate agent can significantly ease the selling process. The difference between having a good and lousy real estate agent is monumental. Selling your first home can be an exciting yet overwhelming experience. It matters.

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What Are Common Terms and Conditions in a House Offer

Realty Biz

Let’s look at the most common contingencies in an offer and what they mean to buyers and sellers. Common Contingencies Found in an Offer to Purchase. Home Inspection Contingency. One of the most common terms in an offer is the home inspection contingency clause. Help From the Seller.

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Buying Your House With Cold, Hard Cash? Here’s Your Step-by-Step Guide

HomeLight

The share of all-cash home buyers has declined since 2014 because, “money is cheap right now with low interest rates, so some people who could buy in cash opt to buy with a mortgage,” says Sherry Ludecker , a top-rated real estate agent in Johnson City, Tennessee. Buying a house with cash: The process. Get the cash together. Find your house.

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Common Real Estate Contingencies

Windemere Selling

When selling your home, a buyer may make their offer with contingencies attached. Here are some common contingencies you might see in a buyer’s offer and what they mean for you. If the seller chooses not to make the repairs outlined in the buyer’s home inspection report, the buyer can cancel the contract.

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Your Ultimate Guide to Buying a Home in Texas in 14 Steps

HomeLight

Another plus is that Texas doesn’t have state income tax, according to Rach Potter, who sells homes 44% quicker than the average agent in Dallas, Texas. Whether you grew up in Texas, are relocating for work, or always dreamed of living in this affable state, it’s a great place to buy a house. It’s all about the down payment.

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What Happens After Making an Offer on a House?

Windemere Buying

You’ve applied for financing , worked with your agent to search for available listings, put in time attending open houses, and have found the place you’re ready to call home. The seller rejects your offer: If a seller rejects your offer, your agent may be able to relay information from the listing agent as to why it was insufficient.