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3 Big Reasons Your Home Offer Was Rejected—and How To Play It Right Next Time

Realtor.com

Keep in mind that sellers are looking for a good deal just as much as you are, and you should plan on working with your real estate agent to make sure the sellers at least feel like they’re getting one. Sellers don’t just want the best price for their home; they also want the easiest deal—which means no complications.

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What Does Contingent Mean in Real Estate Sales

Realty Biz

Let’s take a closer look at the meaning of contingent , so you can see how it might affect a home you are looking to buy. If you are selling a home, there are also some ramifications you should know about as well. How your real estate agent markets your property when an offer has been accepted can have vital implications.

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The Most Common Home Buying Real Estate Contingencies

Realty Biz

The home buying contingencies below should be completely understood before signing on the dotted line of a purchase and sale agreement. Home inspection: often called a due diligence contingency, will give the buyer rights to have the house inspected. Real Estate Contingencies Explained.

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How to Avoid a Delayed Closing: 7 Common Roadblocks to Be Aware of

Redfin

Fortunately, you have a few options and your real estate agent will advise you on the best plan to resolve the situation and avoid a delayed closing. To avoid potential issues or delays, Western Title Company recommends informing your title or settlement agent of any IRS tax liens or bankruptcies that involve the seller or the property.

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A Seller’s Guide To When A Buyer Does and Doesn’t Get Their Earnest Money Back

HomeLight

If a seller terminates the contract outside of these contingencies , they typically must forfeit the buyer’s earnest money and — depending on the circumstances — may even be required to pay additional money damages and face other possible repercussions for breach of contract. Real Estate Agent. Single Family Homes. Kelly Allen.

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What is a 72-Hour Kick Out Clause And How Does It Work In a Home Sale?

HomeLight

Understanding the implications of a kick-out clause can make the difference between buying the home you want and being saddled with two mortgages (or not being able to qualify for financing). Real Estate Agent. Real Estate Agent at RE/MAX Accent. Single Family Homes. An inspection contingency. “If Teresa Cowart.

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25 Nightmare Scenarios That Can Disrupt Closing (And How to Avoid Them)

HomeLight

“One big thing that could delay closing is if, say, someone goes out two weeks before they close and they buy a car — or they buy all new furniture,” explains Pete Veres , a top-selling agent with 19 years of experience in Albuquerque, New Mexico. Talk to your agent and loan officer about these options. Real Estate Agent.

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