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Tips to Help Buyers Successfully Navigate a Hot Real Estate Market

Realty Biz

You can include a contingency for almost anything but the more conditions that the seller must meet the less likely the seller is to accept your offer. One contingency that is almost always wise to include is a home inspection to be sure you aren’t buying a major problem that you aren’t aware of. Include an escalation clause.

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16 Tips to Win a Bidding War on a House

The Close

Don’t Ask for Seller Concessions In many transactions, asking the seller to cover some of the associated home purchasing costs is customary. For example, many agents ask sellers to cover closing costs for their buyer clients. The less your buyers need to finance, the less likely the deal will fall through.

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What’s the Deal with Making a Cash Offer on a House?

HomeLight

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. Updated August 31, 2021.

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Closing on a House Checklist: 6 Things Home Buyers Must Do Before They Move In

Realtor.com

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. If something is wrong, you can request that it be fixed—or you can back out of the sale. Clear the title.

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How to Buy a House in San Diego: 14 Steps to Close the Sale

HomeLight

People who live here love the proximity to some of the west coast’s best beaches, as well as being close to destinations like Disneyland, Joshua Tree National Park, and the deserts of Palm Springs. Find a Buyer's Agent What will it cost to buy a home in San Diego? Looking to Buy Your Dream Home in San Diego?

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What Is a Home Sale Contingency?

HomeLight

Find a Top Agent With Experience in Home Sale Contingency Offers If you are considering a home sale contingency, you’ll want a top agent by your side when you make the offer. Find a Buyer's Agent What is a home sale contingency? Thus, the purchase agreement is “contingent” on the sale of the buyer’s existing home.

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Do I Accept the First Offer on My House, or Wait and See?

HomeLight

Cash vs. financing : Cash offers usually result in a faster sale than mortgage-backed offers; if speed is an important aspect of the sale, this could make a significant difference. If you accept it, your sale can close in as few as 10 days, often concluding with a moving date of your choosing. Eventually, the call comes. It depends.