Remove Agents Remove Construction Remove Earnest money deposit Remove Inspection
article thumbnail

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

Realtor.com

When we finally did go under contract on this third home, we learned of another issue: Home inspectors in the area were booked for two weeks and up, but our contract stated that we had only seven days to get an inspection done. Thankfully, our real estate agent was able to find a local inspector who had a last-minute opening.

article thumbnail

Understanding Why Under Contract Homes May Fall Apart

Realty Biz

During this stage, various contingencies, inspections, and other conditions may need to be met before the sale is finalized. Real Estate agents make the status of houses contingent when a contract has been executed. Home Inspection Concerns Home inspections are crucial to the buying process.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Contingent vs. Pending: Real Estate Lingo Explained

RIS Media

When your real estate agent puts your home in the multiple listing service, it will have an “Active” status. Common real estate contingencies include the following: Inspection Contingencies. The most common contingency is the home inspection contingency. This indicates that it’s available for showings.

article thumbnail

What Must Be Disclosed When Selling a House in Georgia?

HomeLight

To help you navigate these murky waters, we spoke with a top real estate agent in Georgia and researched Georgia home seller requirements to answer some of the most common disclosure questions. Find a Top Agent to Help You Navigate Disclosures. Find Agent. What is a seller’s disclosure? When transferring real estate in the U.S.,

article thumbnail

How to Guide Millennial Buyers in the Current Market

RIS Media

Agents and brokers say they are trying anything they can to help their millennial clients seize their share of the American Dream, including sweetening their offers to sellers. “We were looking at increasing earnest money deposits, and that was rough because a lot of them are first-time buyers, so they are just starting.”

article thumbnail

Real Estate Investing for Beginners: Expert Tips for Buying Your First Investment Property

Redfin

You should identify a knowledgeable real estate agent who understands the local market and can help you identify promising investment opportunities. Consulting with local experts and real estate agents can help identify up-and-coming areas that can play a pivotal role in creating high ROI opportunities.

article thumbnail

Understanding What Escrow is and How it Works

Redfin

It also benefits the seller in case the buyer pulls out of the deal without a contractual basis to do so, in which case the seller would get to keep the earnest money deposit. . When you and the seller sign the contract, you put down a deposit. The escrow agent facilitates the sale. Why escrow is important.