Remove Agents Remove Construction Remove Inspection contingency Remove Sales
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How much cash matters in a bidding war

Housing Wire

And waiving the financing contingency is the second-most effective bidding-war strategy, Redfin officials said – improving homebuyers’ odds of winning by 66%. “The lack of inventory on the market is preventing home sales from being much higher.”.

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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. ” There are other statuses in the MLS listings like “Pending,” “Contingent,” “Coming Soon” and “Expired.” Contingent vs. .” Contingent Meaning.

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What Does a Real Estate Agent Do? The Benefits of a Buyer’s Agent

HomeLight

You may wonder, what does a real estate agent even do? According to the National Association of Realtors®, 88% of homebuyers purchased their home in 2020 through a real estate agent , and for good reason. Real estate agents are essential advocates through the homebuying process. What is a real estate agent?

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Can You Sell a House As Is Without Inspection? A Reality Check

HomeLight

The “as is” label signals that as the seller, you aren’t willing to negotiate on price no matter what comes up in the inspection. However, a buyer could still include an inspection contingency in the contract. Additionally, waiving the inspection contingency makes for a more compelling offer to most sellers.

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Ask Brian: Will 2021 be a Good Time to Buy a House?

Realty Biz

In a nutshell, low-interest rates and slowing of the pandemic will bring more buyers to the marketplace but there will still not be enough houses for sale. Even if significant new construction begins in the next couple of months (unlikely), it won’t create an increase in inventory until at least late 2021. According to the U.S.

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Home, Sour Home: How Homebuyers Can Avoid a ‘Lemon’

HomeLight

Ken Crotts , a real estate agent with over 35 years of experience in Seattle , is passionate about helping buyers avoid bad home purchases. But there are protections in place that are designed to prevent the sale of a “lemon” house equivalent. Ask your agent about your options in this case. Follow up with additional inspections.

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

Realtor.com

Up against a tight deadline, we considered an option that seemed like real estate suicide: Should we waive our home inspection? While house hunting during this crazy time, we’d heard that many buyers were indeed waiving their right to a home inspection. ” Why people are waiving home inspections during the COVID-19 era.