HomeLight

MARCH 31, 2022

To succeed in getting a seller to consider your offer, you need to work in advance with your real estate agent to assess the best bargaining tools to entice the seller to move your offer to the top of the list. The contingency allows you to walk away without penalty if you can’t secure financing to buy the house.

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Home sale contingency Sales Purchase and sale agreement Inspection contingency 82

Real Trends

JULY 15, 2022

Because of today’s tight market agents have a great opportunity to assure sellers get the best price for their home. A good agent should help a seller make his home as appealing as possible. This only makes the process harder for the buyer and his agent. What you need in today’s market. Access to Data.

Loan Officer 52

Loan Officer Agents Rent back Loans 52

HomeLight

AUGUST 31, 2021

The associated contingencies , which come with additional risks for the seller, are where you’ll find most key distinctions between a cash offer and an offer backed by a mortgage loan. The most obvious contingency with an offer that requires financing is, of course, the financing itself. There’s no financing contingency.

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Due diligence Inspection Pre-approval Pre-qualification 77

Realtor.com

JUNE 4, 2021

But sellers today often receive multiple bids, and those with contingency clauses are unlikely to be accepted, agents say. Some sellers negotiate rent-back agreements, so they can stay in their home for a month or longer after selling while they house hunt. Others move in with family or find a short-term rental.

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Purchase and sale agreement Marketing Rent back Principal 90

Redfin

MAY 7, 2021

I always advise potential sellers to look at the homes on the market, and if they don’t see anything they like, I recommend that they wait to list until they do,” said Portland, OR Redfin real estate agent Rebecca Walter. Another option to consider is gap financing such as a Home Equity Line of Credit (HELOC) or a Bridge Loan.

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Purchase and sale agreement Marketing Equity Loans 80

HomeLight

APRIL 29, 2021

To help us understand both buyer’s and seller’s markets, we spoke with top real estate agent Kim Rock. The 13-year industry veteran has a track record for selling homes fast — her listings close 65% quicker than the average Philadelphia agent. Federal Housing Financing Agency (FHFA). How much you’ll net for your home.

Marketing 108

Marketing Sales Agents Construction 108

Redfin

FEBRUARY 2, 2021

2) Get a Great Real Estate Agent. Having a great real estate agent by your side throughout this process can help make everything go more smoothly and aid you in making an offer quickly when the time comes. The home buying process can be stressful and sometimes overwhelming. How to Make Your Best Offer .

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Pre-approval Purchase and sale agreement Marketing Inspection contingency 66

HomeLight

APRIL 19, 2021

Being able to afford a home in this swanky NYC borough means enjoying unparalleled access to the world’s preeminent nexus of culture, cuisine, architecture, and finance. to as high as 6% of the sale price, so be sure to leave room in your budget for your attorney and real estate agent, as well as for filing fees and other required deposits.

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Earnest money deposit Inspection Due diligence Agents 62

HomeLight

JUNE 30, 2021

Christina Roberto , an agent in Georgetown, Texas, who works with 78% more single-family homes than the average agent in her area, has had offers with sales contingencies accepted even in a hot seller’s market. If the contingency isn’t met, it usually means that you can drop out of the purchase and get your earnest money back.

Rent back 103

Rent back Inspection contingency Earnest money deposit Finance 103

HomeLight

JANUARY 4, 2022

Fifty-eight percent of surveyed agents expect the recent rise in cash offers to persist beyond the temporary housing craze, as sellers now have greater expectations for convenience, speed, and certainty. HomeLight’s 2020 agent survey found that buyers who would traditionally use a mortgage are finding ways to pay cash however they can.

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Investor Finance Inspection Sales 98

HomeLight

JULY 29, 2022

We’ll explain the market’s impact on this decision to sell or buy first, and provide advice from real estate experts such as Joel Barber , a top agent who works with 83% more single-family homes than the average Myrtle Beach, South Carolina, agent, to help you make the right choice. Transition via rent back. The upsides.

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Debt-to-income ratio Loans Rent back Equity 108

HomeLight

JANUARY 7, 2022

We’ve talked to veteran real estate agents to build an end-to-end guide on how to buy a house while selling your own. Real Estate Agent. Real Estate Agent at RE/MAX Results. Before you make any decisions, a real estate agent can give you a sense of what your house could list for right now and how fast it’s likely to sell.

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Equity Loans Debt-to-income ratio Closing 104

First Team Real Estate

MAY 21, 2021

In order to get your home offer accepted in today’s tight seller’s market, you’ve got to be quick, smart, and totally in sync with your real estate agent. According to recent data from NAR , home sales are receiving an average of 4 offers, and our FirstTeam agents regularly see bidding wars that capture upwards of 20 offers!

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Purchase and sale agreement Rent back Marketing Agents 98

HomeLight

FEBRUARY 28, 2022

That’s why we’ve spoken to top real estate agents and other professionals to create a guide that covers common challenges you could face and some alternate routes that might work better for you if you decide to sell and buy a house at the same time. Find Agent. Real Estate Agent. Real Estate Agent at GK Properties.

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Equity Debt-to-income ratio Closing Loans 119

HomeLight

MAY 24, 2021

Since sellers always want to choose the strongest offer possible, they want to feel confident the deal won’t fall through if the buyer can’t secure appropriate financing. Talk to your agent about the market. You’ll want to find an agent who’s highly experienced and well-versed in the specifics of your local market. “We

Pre-qualification 105

Pre-qualification Pre-approval Purchase and sale agreement Loans 105

HomeLight

AUGUST 16, 2022

To help with our predictions of when mortgage rates will go down, we’ve researched the state of the housing market and spoken with two experts: Richie Helali of HomeLight Home Loans and Newport News, Virginia -based top real estate agent Leanne Hester. Real Estate Agent. Real Estate Agent at Liz Moore and Associates LLC.

Mortgages 133

Mortgages Fixed-rate mortgage Agents Rent back 133

HomeLight

OCTOBER 1, 2020

It’s good to understand the market of the moment,” says Madison-based real estate agent Lynn Holley , who works with 72% more single-family homes than the average agent in Madison. Are you able to offer the seller more time to stay in the home, or suggest a rent-back agreement? Talk to your agent.

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Purchase and sale agreement Short sale Rent back Sales 88

HomeLight

MARCH 28, 2022

No staging, no repeated showings, no agent commissions. We always recommend following up an online price estimate with the opinion of a top local real estate agent. If you need assistance finding an agent, HomeLight would be happy to connect you with a few highly qualified candidates in your area. Close in as little as 10 days.

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Purchase and sale agreement Equity Agents Staging 112

HomeLight

MARCH 20, 2023

With the help of real estate agent Jesse Allen , a single-family home expert in southern Indiana , we’ll help to explain the ins and outs of home sale contingencies, and offer additional alternatives for buyers who currently own a home. Find a Buyer's Agent What is a home sale contingency? Offer to accept a rent-back agreement.

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Home sale contingency Purchase and sale agreement Sales Earnest money deposit 92

HomeLight

APRIL 21, 2022

For more expertise, top real estate agent Kris Shook , who works with 77% more single family homes than the average agent in Tacoma, Washington, shares insights. A Top-Rated Agent Can Help You Field Buyer Offers. An experienced agent can guide you on whether or not the offers you receive on your home are worth considering.

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Inspection contingency Home sale contingency Pre-approval Agents 106

HomeLight

JANUARY 28, 2022

Michael Ramos is an experienced agent in San Jose , California, who sells homes 61% faster than average agents in his area. These are some common contingencies in a traditional offer: Financing contingency : The buyer can leave the deal if they can’t obtain financing. Real Estate Agent. You’ll sell your house fast.

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Purchase and sale agreement Investor Agents Sales 107

HomeLight

SEPTEMBER 11, 2020

Basic overview: You’ll work with your agent to deliver the offer to the seller’s agent on the forms used in your state. If and when all parties do agree to the terms, your agent will draft a final offer, and all parties will sign it. Hire the right agent. Buyer’s agents, we know the tricks. Set your budget limits.

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Earnest money deposit Purchase and sale agreement Inspection contingency Home sale contingency 84

HomeLight

MAY 24, 2022

“When I talk to my clients, it’s really about looking at the big picture and then what’s right for them,” says Deidre Quinn , an award-winning agent in the Philadelphia area. We’ve done the research and interviewed top real estate agents to help you answer this all-important question — should I sell my house in 2022?

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Pre-approval Equity Agents Closing costs 98

HomeLight

MARCH 2, 2023

If you’re shopping for a home in San Diego, a trusted buyer’s agent is a key member of your team. HomeLight analyzes millions of transactions and thousands of reviews to find you a proven, top-performing agent in just under two minutes. Find a Buyer's Agent What will it cost to buy a home in San Diego?

Closing 93

Closing Earnest money deposit Sales Inspection 93

Realtor.com

OCTOBER 29, 2020

Most purchase agreements have contingencies —things that buyers must do before the real estate transaction is official, explains Jimmy Branham , a Coral Springs, FL, real estate agent at the Keyes Company. Financing contingency: This contingency gives you the right to back out of the deal if your mortgage approval falls through.

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Closing Earnest money deposit Inspection contingency Purchase and sale agreement 139

HomeLight

DECEMBER 14, 2021

Top agent Dave Mattes , who completes 21% more sales than the average agent in Reading, Pennsylvania, thinks that “a good real estate agent is somebody that dedicates enough time to treat their customers well, and they have fast responses, market knowledge, and good communication.”. What are the agent’s actual results?

Pre-qualification 103

Pre-qualification Earnest money deposit Agents Days on market 103

HomeLight

SEPTEMBER 23, 2021

You want to get your house on the market when you have the most buyers looking because that’s when you get the best prices,” advises top real estate agent Nicole Van Den Bosch , who completes 32% more sales than the average agent in Show Low, Arizona. Consult a top real estate agent in your area for expert advice.

Rent back 81

Rent back Home sale contingency Agents Sales 81

HomeLight

DECEMBER 14, 2021

Whether you’re a first-time homebuyer or an empty nester who’s bought and sold several homes but wants to downsize, one thing’s for sure — you both need to find the best real estate agent to guide you to success. But, how do you find that agent or Realtor®? Be sure and ask any agent that you’re interviewing about their qualifications.

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Earnest money deposit Agents Days on market Sales 94

HomeLight

MARCH 31, 2021

We’ll break down the factors that contribute to a seller’s market with help from Kenneth Bryant , a West Virginia real estate agent with 30 years of industry experience. Reach out to a local real estate agent to gauge what average market stats are for your area. Follow these metrics to find out.

Marketing 86

Marketing Banks Land Sales 86

HomeLight

FEBRUARY 28, 2021

Top-performing Arlington real estate agent Ray Gernhart , a 30-year Arlington resident, says people want to buy a house in Arlington for several reasons. “A for safety, security, and good schools,” says Gernhart, a single-family home expert, closing 73% more deals than area agents. Waive appraisal and finance contingencies.

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Earnest money deposit Land Residential Inspection contingency 96

HomeLight

DECEMBER 15, 2022

Jenah Mahan is an experienced agent in Tacoma, Washington who works with 68% more single-family homes than other agents in her area. But Gary Lanham , an experienced agent in Fort Lauderdale, Florida, who sells homes 46% quicker than the average agent in his area, has a less favorable viewpoint. Find a Buyer's Agent.

Inspection 90

Inspection Closing Rent back Agents 90

Realty Biz

MAY 16, 2022

The call is made to your real estate agent within 30 minutes of seeing the home pop up online and you schedule a showing immediately. Remove Your Mortgage Financing Contingency. If you truly love a home and are a gambler, removing your financing contingency is the way to go. Rent back agreements can be super attractive.

Earnest money deposit 95

Earnest money deposit Purchase and sale agreement Rent back Inspection 95