RIS Media

APRIL 18, 2022

Buyers are waiving a home inspection. Buyers are waiving their home appraisal or offering an appraisal gap guarantee. Getting rid of the mortgage financing clause in their offer. You may see some of these things or all of them before making an offer. Speak to your real estate agent about what to expect.

Pre-approval 119

Pre-approval Backup offer Due diligence Rent back 119

Realty Biz

NOVEMBER 11, 2020

How your real estate agent markets your property when an offer has been accepted can have vital implications. For example, some agents will mark your home contingent, while others will mark pending. Home Inspection Contingency. Home inspections are one of the biggest hurdles in home sales. Home Sale Contingency.

Backup offer 111

Backup offer Sales Home sale contingency Earnest money deposit 111

HomeLight

JUNE 9, 2023

These conditions can be anything from the buyer securing a mortgage, the home inspection clearing, or the sale of the buyer’s current home. ” Step one: Talk to a few buyer's agents! As of 2023, 79% of contracts included an inspection contingency while 82% contained an appraisal contingency. Selling your house soon?

Home sale contingency 145

Home sale contingency Inspection contingency Purchase and sale agreement Inspection 145

RIS Media

APRIL 8, 2022

While financing may be pre-approved, the process is complex. Home inspection problems. Home inspections are standard practice when buying a home and don’t usually stop a sale unless there is a severe underlying issue with the property. You’ll want to make a backup offer to put yourself in the game.

Debt-to-income ratio 144

Debt-to-income ratio Title search Backup offer Home sale contingency 144

Windemere Buying

JUNE 22, 2022

Making an offer on a house feels like a reason to celebrate. 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. So, what happens after you make an offer on a house?

Purchase and sale agreement 52

Purchase and sale agreement Inspection contingency Backup offer Seller concession 52

HomeLight

NOVEMBER 1, 2021

If you’re selling your home in a hot market rampant with bidding wars that drive up the purchase offers on home sales, you may realize that your home is unlikely to appraise for the inflated purchase offer or even for your asking price. This is the time when the inspection, any agreed upon repairs, and the appraisal take place.

Purchase and sale agreement 111

Purchase and sale agreement Proof of funds Backup offer Finance 111

HomeLight

JUNE 29, 2022

Real Estate Agent. Real Estate Agent at Berkshire Hathaway HomeServices Realty Professionals. According to Chester Ardolino , a real estate agent in Springfield , Massachusetts, the time to think about your top priorities as a seller is before the house hits the market. Price your house right to attract competitive offers.

Earnest money deposit 111

Earnest money deposit Purchase and sale agreement Closing costs Closing 111