Agents Closing costs Earnest money deposit Inspection contingency 
HomeLight
AUGUST 29, 2022
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. Keep in mind that this doesn’t include the funds you will need for closing costs. They provide assistance up to 5% towards the down payment and closing costs.
Realty Biz
APRIL 20, 2022
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. Home Sale Contingency.
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Point2Homes
DECEMBER 23, 2021
As a buyer, you’ll be required to pay a deposit that will go into an escrow account. An escrow agent will oversee this account, releasing the funds to go toward paying for the home if everything goes according to plan. However, in some situations, all or some of the earnest money could be returned to the buyer.
HomeLight
SEPTEMBER 22, 2020
You’ve got an incredible opportunity to make the most of this deal, if only you can avoid tripping up before closing. As a next step, your agent suggests going with a “highest and best” strategy to see if any of these offers rise to the top of the pile. With everything from 50% down to closing cost assistance, the offers ran the gamut.
The Close
FEBRUARY 6, 2024
I contacted the listing agent only to learn that all offers were due by 5:00 p.m. Offer Above Asking Price When your buyers are competing with others in a multiple-offer situation, and the listing agent is asking for the “highest and best” offer, it’s a good idea to suggest offering more than the asking price.
Redfin
JANUARY 26, 2022
Depending on the state where your dream home resides, either the buyer’s agent or the real estate attorney will draft up the contract. In states where escrow agents handle the closing process, the buyer’s agent is responsible for preparing the PSA document. Here are some examples of common contingencies.
HomeLight
JANUARY 27, 2021
But there’s so much to keep track of along the way: hiring an agent, getting a mortgage, making offers, and closing the deal. We tapped the expertise of top Illinois real estate agent Jen Ortman , who walked us through some of her best advice for buyers. Hiring an agent. Hiring an agent is a big deal.
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