Expert insights. Personalized for you.
Buyers usually have a house inspected before they proceed with a purchase. The exact language related to a home inspection contingency can vary from one contract to another. Ask Your Real Estate Agent for Guidance. MORE
Listen to Your Real Estate Agent. As soon as you find the right home for your needs, be prepared to work with your agent to submit an offer as quickly as possible. There are, however, certain contingencies you don’t want to forego. MORE
Releasing earnest money either upon mutual acceptance or after the inspection contingency is waived. Aryne + Dulcinea Buyer First Time Homebuyer competitive offer how to write an offer multiple offers Portland Real Estate Market Seller Market top rated portland real estate agents MORE
With buyers facing increased competition for what few properties are on the market, some are choosing to waive the home inspection. In June, around 20% of successful bids submitted by Redfin real estate agents in the U.S.’s Home Buying home inspection home inspector MORE
All-cash offers are beloved by sellers and real estate agents alike — and they’re more than three times as likely to be chosen from the pack. We talked to two top real estate agents to walk us through what can hold up even an all-cash deal. Problems come up during inspection. MORE
Buyers must deposit earnest money and finalize the loan application within the first few days while the agent schedules inspections and coordinates with all parties. If you do have concerns, it is important to discuss them with your agent as soon as possible as the timeline has begun! MORE
Agent Opinion Select Service 3d tours as-is offers buying site-unseen digital open houses financing contingencies homebuying homes.com inspection contingencies making an offer working with buyers MORE
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.” MORE
Before you do, take time to consider all the potential risks and home-buying contingencies that will help protect you as a buyer. Though you can technically add any contingency you want to an offer, here are the 9 most common homebuying contingencies to consider. MORE
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. 7) Waive Extra Contingencies. What is a Seller’s Market? MORE
Ken Crotts , a real estate agent with over 35 years of experience in Seattle , is passionate about helping buyers avoid bad home purchases. Inspections. Home inspections are the best way for a buyer to prevent getting a “lemon” house. Attend the inspection. MORE
We talked to veteran real estate agent Laura Wallace , who’s worked with 80% more single-family homes than the average agent in Memphis, Tennessee ; she walked us through the ins and outs of what happens when a buyer backs out of a contract. What are contract contingencies? MORE
Agent Opinion Select Service 3d tours as-is offers buying site-unseen digital open houses financing contingencies homebuying homes.com inspection contingencies making an offer working with buyers MORE
A walk-through inspection won't uncover everything a full inspection would, but it can still help reduce buyer risk in a hot market. Here's how to make the most of it. MORE
Contingencies in Real Estate Explained. Do you know what a real estate contingency is and how it works? Real Estate contingencies are when some defined action or outcome must occur before a contract becomes legal and binding. Home Buying Contingencies Explained. MORE
The seller shouldn’t know the maximum that you can (or want) to pay but your agent needs to know that you are willing to go higher. Not common, but what some buyers are beginning to do is waive appraisal and inspection contingencies to make their offers more attractive to home sellers. MORE
As a next step, your agent suggests going with a “highest and best” strategy to see if any of these offers rise to the top of the pile. As a seller’s agent, if I have multiple offers, we’ll tell buyers, ‘We want your highest and best offer by Tuesday at 5 p.m.’ MORE
We’ll break down seller closing costs with insight from Peggy Centrella , a top Delaware real estate agent ranked in the top 5% of real estate agents in her market area. Real estate agent commission. The national average real estate agent commission is 5.8% MORE
Selling a house “as is” without inspection is the definition of driving a hard bargain. As for whether you can sell a house as is without inspection — the answer is yes, it’s possible and does happen. Why ‘as is’ doesn’t always mean no inspection. The downside of no inspection? MORE
If you’re trying to save money or keep your costs down, you may wonder if you really need to have a home inspection done. When your agent helped you write your offer , the home’s condition informed your offer price. So, why get a home inspection? What is a home inspection? MORE
The expertise your agent brings to this part of the process will help you stay competitive: “Your agent will work with you to make an informed offer based on the market value of the home, the condition of the home and recent home sale prices in the area.”. MORE
The real estate agent you choose to work with is even more important when buying a foreclosure. Specifically, a real estate agent who is experienced in helping buy foreclosures and who has a good knowledge of the local area will know when a home is a bargain. The Home Inspection. MORE
need one or two things to be patched up, with 86% of all home inspections turning up some kind of problem, according to a study by the home improvement website Porch.com. Besides making a higher offer, some buyers are also waiving the home inspection to make their offer stand out. MORE
Hire a listing agent you trust. Your agent will support you through the home selling process. Ask friends and family for recommendations, and evaluate a few agents. See more on how to choose a real estate agent ). MORE
With home buyers facing tougher competition this year amid ongoing housing shortages, some are trying to gain an edge by waiving contingencies to make their offers look more enticing. Redfin said this week that almost 20% of successful offers submitted by its agents in June in select U.S. MORE
For added insight on using credits wisely, we consulted top real estate agent Topher Kauffman , who has closed 82% more single-family home sales than the average agent in Summerville, South Carolina. The home inspection identifies deep cracks in the driveway as a safety hazard. MORE
You need to write offers that tell the seller and listing agent three things: your offer has the best terms. Sarita Dua is a top agent in Portland, Oregon who’s been winning bidding wars all year long — including seven straight in a single weekend. MORE
That means it’s often the real estate agent’s job to ease their minds and lighten the situation. As of 2020, a whopping 88% of home buyers relied on the help of a real estate agent to get them through the process. As the real estate agent, it’s your job to assuage these fears. MORE
The share of all-cash home buyers has declined since 2014 because, “money is cheap right now with low interest rates, so some people who could buy in cash opt to buy with a mortgage,” says Sherry Ludecker , a top-rated real estate agent in Johnson City, Tennessee. Choose a settlement agent. MORE
When searching for the ideal home, expect to encounter a few issues along the way, such as homes listed as contingent. But, what does contingent mean and how does it affect your purchase? A home listed as contingent means the seller has accepted an offer. Contingent Statuses. MORE
Once you’ve had your offer accepted, the home inspection is one of the final steps to navigate before you can close and move into your new home. And good on you for including an inspection contingency in your offer. Stay flexible when negotiating after a home inspection. MORE
And waiving the financing contingency is the second-most effective bidding-war strategy, Redfin officials said – improving homebuyers’ odds of winning by 66%. When there’s a bidding war, cash is king. MORE
Real estate agent. However, the process will feel less daunting with an experienced real estate agent by your side. Because your real estate agent plays such an important role in your homebuying process, you should do your research and make sure you’re choosing an agent you trust. MORE
Listing agents are flying high with attention on their listings. But, of course, buyer’s agents are always frustrated with the amount of work they are putting in, only to get shot down and have to repeat the process over and over again. CALL the Listing Agent. Agent Basics MORE
You need to write offers that tell the listing agent your offer has the best terms, lowest risk, and is most likely to cross the proverbial finish line. In part two of our Walkthrough series on winning bidding wars, Sarita Dua continues her explanation of the 3 C’s of winning bidding wars (confidence, communication, and creativity), how to beat an all-cash offer, and how to write offers that the listing agent will love. HomeLight’s Agent Resource Center. MORE
Redfin agents cite health concerns around the pandemic and competition fueled by a worsening housing shortage as reasons more buyers are bidding on homes before visiting them. Fortunately, the inspection contingency enabled her to back out of the purchase. MORE
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. MORE
of successful offers submitted by Redfin agents in select major U.S. markets waived the inspection contingency, compared with just 13.2% Winning offers waived the appraisal contingency at a similar rate—20.6%—up MORE
Homeowners who’re looking to secure a quick sale might want to take it upon themselves to do a pre-listing home inspection with the aim of speeding up the sales process. Sellers that opt for a pre-listing inspection will be informed of any issues with their home that might impact its value. MORE
Sale contingencies are frowned upon. Come join us to connect with other listeners, connect with the guests that you hear on the show, learn from other agents and share your knowledge, get exclusive content, influence future episodes, and more. HomeLight’s Agent Resource Center. MORE
With the help of Brad Graves , a top real estate agent in San Antonio, Texas , and some recent national home purchase data, we’ll examine the pros and cons of all-cash offers. The seller makes decisions based on the terms of your offer, including contingencies. MORE
Redfin
JULY 28, 2020
of successful offers submitted by Redfin agents in select major U.S. markets waived the inspection contingency, compared with just 13.2% Winning offers waived the appraisal contingency at a similar rate—20.6%—up
Inman
MAY 29, 2021
Agent Opinion Select Service 3d tours as-is offers buying site-unseen digital open houses financing contingencies homebuying homes.com inspection contingencies making an offer working with buyers
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Inman
JUNE 7, 2021
A walk-through inspection won't uncover everything a full inspection would, but it can still help reduce buyer risk in a hot market. Here's how to make the most of it.
Inman
MAY 29, 2021
Agent Opinion Select Service 3d tours as-is offers buying site-unseen digital open houses financing contingencies homebuying homes.com inspection contingencies making an offer working with buyers
Realty Biz
MARCH 19, 2021
Homeowners who’re looking to secure a quick sale might want to take it upon themselves to do a pre-listing home inspection with the aim of speeding up the sales process. Sellers that opt for a pre-listing inspection will be informed of any issues with their home that might impact its value.
Realty Biz
FEBRUARY 25, 2021
need one or two things to be patched up, with 86% of all home inspections turning up some kind of problem, according to a study by the home improvement website Porch.com. Besides making a higher offer, some buyers are also waiving the home inspection to make their offer stand out.
HomeLight
MARCH 23, 2021
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.
McKissock
APRIL 28, 2021
That means it’s often the real estate agent’s job to ease their minds and lighten the situation. As of 2020, a whopping 88% of home buyers relied on the help of a real estate agent to get them through the process. As the real estate agent, it’s your job to assuage these fears.
Keeping Current Matters
NOVEMBER 30, 2020
Listen to Your Real Estate Agent. As soon as you find the right home for your needs, be prepared to work with your agent to submit an offer as quickly as possible. There are, however, certain contingencies you don’t want to forego.
Housing Wire
MARCH 22, 2021
And waiving the financing contingency is the second-most effective bidding-war strategy, Redfin officials said – improving homebuyers’ odds of winning by 66%. When there’s a bidding war, cash is king.
HomeLight
OCTOBER 12, 2020
You need to write offers that tell the seller and listing agent three things: your offer has the best terms. Sarita Dua is a top agent in Portland, Oregon who’s been winning bidding wars all year long — including seven straight in a single weekend.
Realty Biz
AUGUST 3, 2020
With home buyers facing tougher competition this year amid ongoing housing shortages, some are trying to gain an edge by waiving contingencies to make their offers look more enticing. Redfin said this week that almost 20% of successful offers submitted by its agents in June in select U.S.
HomeLight
MARCH 22, 2021
You need to write offers that tell the listing agent your offer has the best terms, lowest risk, and is most likely to cross the proverbial finish line. In part two of our Walkthrough series on winning bidding wars, Sarita Dua continues her explanation of the 3 C’s of winning bidding wars (confidence, communication, and creativity), how to beat an all-cash offer, and how to write offers that the listing agent will love. HomeLight’s Agent Resource Center.
HomeLight
OCTOBER 8, 2020
Sale contingencies are frowned upon. Come join us to connect with other listeners, connect with the guests that you hear on the show, learn from other agents and share your knowledge, get exclusive content, influence future episodes, and more. HomeLight’s Agent Resource Center.
Redfin
DECEMBER 4, 2020
Once you’ve had your offer accepted, the home inspection is one of the final steps to navigate before you can close and move into your new home. And good on you for including an inspection contingency in your offer. Stay flexible when negotiating after a home inspection.
The Living Room
FEBRUARY 2, 2021
Releasing earnest money either upon mutual acceptance or after the inspection contingency is waived. Aryne + Dulcinea Buyer First Time Homebuyer competitive offer how to write an offer multiple offers Portland Real Estate Market Seller Market top rated portland real estate agents
Realty Biz
FEBRUARY 20, 2021
Contingencies in Real Estate Explained. Do you know what a real estate contingency is and how it works? Real Estate contingencies are when some defined action or outcome must occur before a contract becomes legal and binding. Home Buying Contingencies Explained.
Realty Biz
SEPTEMBER 23, 2020
With buyers facing increased competition for what few properties are on the market, some are choosing to waive the home inspection. In June, around 20% of successful bids submitted by Redfin real estate agents in the U.S.’s Home Buying home inspection home inspector
HomeLight
OCTOBER 30, 2020
Selling a house “as is” without inspection is the definition of driving a hard bargain. As for whether you can sell a house as is without inspection — the answer is yes, it’s possible and does happen. Why ‘as is’ doesn’t always mean no inspection. The downside of no inspection?
RIS Media
MAY 19, 2021
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.”
Redfin
JANUARY 25, 2021
Before you do, take time to consider all the potential risks and home-buying contingencies that will help protect you as a buyer. Though you can technically add any contingency you want to an offer, here are the 9 most common homebuying contingencies to consider.
RIS Media
APRIL 12, 2021
Buyers usually have a house inspected before they proceed with a purchase. The exact language related to a home inspection contingency can vary from one contract to another. Ask Your Real Estate Agent for Guidance.
HomeLight
SEPTEMBER 9, 2020
The share of all-cash home buyers has declined since 2014 because, “money is cheap right now with low interest rates, so some people who could buy in cash opt to buy with a mortgage,” says Sherry Ludecker , a top-rated real estate agent in Johnson City, Tennessee. Choose a settlement agent.
HomeLight
MAY 28, 2021
Ken Crotts , a real estate agent with over 35 years of experience in Seattle , is passionate about helping buyers avoid bad home purchases. Inspections. Home inspections are the best way for a buyer to prevent getting a “lemon” house. Attend the inspection.
Redfin
JULY 30, 2020
Redfin agents cite health concerns around the pandemic and competition fueled by a worsening housing shortage as reasons more buyers are bidding on homes before visiting them. Fortunately, the inspection contingency enabled her to back out of the purchase.
Point2Homes
DECEMBER 7, 2020
The real estate agent you choose to work with is even more important when buying a foreclosure. Specifically, a real estate agent who is experienced in helping buy foreclosures and who has a good knowledge of the local area will know when a home is a bargain. The Home Inspection.
HomeLight
OCTOBER 30, 2020
All-cash offers are beloved by sellers and real estate agents alike — and they’re more than three times as likely to be chosen from the pack. We talked to two top real estate agents to walk us through what can hold up even an all-cash deal. Problems come up during inspection.
Realty Biz
DECEMBER 31, 2020
The seller shouldn’t know the maximum that you can (or want) to pay but your agent needs to know that you are willing to go higher. Not common, but what some buyers are beginning to do is waive appraisal and inspection contingencies to make their offers more attractive to home sellers.
The Living Room
MARCH 5, 2021
Buyers must deposit earnest money and finalize the loan application within the first few days while the agent schedules inspections and coordinates with all parties. If you do have concerns, it is important to discuss them with your agent as soon as possible as the timeline has begun!
Point2Homes
DECEMBER 8, 2020
When searching for the ideal home, expect to encounter a few issues along the way, such as homes listed as contingent. But, what does contingent mean and how does it affect your purchase? A home listed as contingent means the seller has accepted an offer. Contingent Statuses.
The Close
SEPTEMBER 10, 2020
Listing agents are flying high with attention on their listings. But, of course, buyer’s agents are always frustrated with the amount of work they are putting in, only to get shot down and have to repeat the process over and over again. CALL the Listing Agent. Agent Basics
HomeLight
APRIL 29, 2021
We’ll break down seller closing costs with insight from Peggy Centrella , a top Delaware real estate agent ranked in the top 5% of real estate agents in her market area. Real estate agent commission. The national average real estate agent commission is 5.8%
Redfin
OCTOBER 12, 2020
Real estate agent. However, the process will feel less daunting with an experienced real estate agent by your side. Because your real estate agent plays such an important role in your homebuying process, you should do your research and make sure you’re choosing an agent you trust.
HomeLight
SEPTEMBER 22, 2020
As a next step, your agent suggests going with a “highest and best” strategy to see if any of these offers rise to the top of the pile. As a seller’s agent, if I have multiple offers, we’ll tell buyers, ‘We want your highest and best offer by Tuesday at 5 p.m.’
HomeLight
JANUARY 6, 2021
If you’re trying to save money or keep your costs down, you may wonder if you really need to have a home inspection done. When your agent helped you write your offer , the home’s condition informed your offer price. So, why get a home inspection? What is a home inspection?
HomeLight
MARCH 31, 2021
For added insight on using credits wisely, we consulted top real estate agent Topher Kauffman , who has closed 82% more single-family home sales than the average agent in Summerville, South Carolina. The home inspection identifies deep cracks in the driveway as a safety hazard.
HomeLight
JULY 31, 2020
With the help of Brad Graves , a top real estate agent in San Antonio, Texas , and some recent national home purchase data, we’ll examine the pros and cons of all-cash offers. The seller makes decisions based on the terms of your offer, including contingencies.
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. 7) Waive Extra Contingencies. What is a Seller’s Market?
HomeLight
OCTOBER 1, 2020
We talked to veteran real estate agent Laura Wallace , who’s worked with 80% more single-family homes than the average agent in Memphis, Tennessee ; she walked us through the ins and outs of what happens when a buyer backs out of a contract. What are contract contingencies?
Redfin
SEPTEMBER 15, 2020
Hire a listing agent you trust. Your agent will support you through the home selling process. Ask friends and family for recommendations, and evaluate a few agents. See more on how to choose a real estate agent ).
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