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5 tips for buying a home in a seller’s housing market

Housing Wire

Need a real estate agent? Work with an experienced agent. Having a great real estate agent can give you the upper hand in a seller’s market. Thanks to their experience and expert negotiation skills, agents can also help you submit a more competitive offer when you do find that dream house. just this year.

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How to Protect Your Earnest Money When Buying a House

HomeLight

Before you submit your bid, it’s important to understand what an Earnest Money Deposit (EMD) is, how you can use one to strengthen your offer, and how to protect your money should anything come up during your home-buying process. Get Started What’s earnest money?

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Navigating Bidding Wars During a Hot Real Estate Market

RIS Media

Keller Williams real estate maverick, Alexis Bolin, joined us this week on a Secrets of Top Selling Agents webinar to discuss what you can do to navigate a hot market and distinguish your client’s offer from the others. Yes, as a real estate agent, you can always find listings that your client may be interested in.

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The Importance of Escrow in a Real Estate Transaction

RIS Media

.” In other words, by putting monies into an escrow account, the buyer shows the seller that they are earnest about buying the property. If a buyer does not follow the contract they have agreed to with the seller, their earnest money deposit could become at risk. 1 RE/MAX real estate agent in Massachusetts.

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Understanding Why Under Contract Homes May Fall Apart

Realty Biz

Real Estate agents make the status of houses contingent when a contract has been executed. They could lose their earnest money deposit by not performing or asking for an extension. During this stage, various contingencies, inspections, and other conditions may need to be met before the sale is finalized.

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Should I Waive a Home Inspection? Why Buyers Are Willing To Right Now

Realtor.com

Thankfully, our real estate agent was able to find a local inspector who had a last-minute opening. A home inspection “is a few hundred dollars for your peace of mind,” says Jean Rosalia , a residential and commercial real estate agent based in Virginia Beach, VA. Here’s what the experts have to say. What about condos?

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Real Estate Markets Dictate Adding or Waiving Appraisals

Realty Biz

At that point, you’ll sit down and construct on offer to purchase. One of the vital discussions you will probably have with your real estate agent is surrounding the real estate appraisal. Often real estate agents are left to convince their clients what is happening in the current market.