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Let’s Make a Deal! 7 Things You Can Negotiate When Buying a Home—Beyond the Asking Price

Realtor.com

But even in a seller’s market, there are myriad opportunities to negotiate, from requesting home repairs to offering a speedy closing. In a competitive market, buyers might be tempted to forgo a home inspection to speed up the process and appeal to sellers. Time to close. Closing costs.

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How to Compete With Cash Offers: 10 Ways to Write Winning Offers

The Close

Born from the needs of mortgage buyers to compete with cash buyers, cash lenders will buy a home with cash then allow the buyer to refinance or purchase the property after closing. Once the property is purchased, the buyer rents the property from Homeward until their loan is finalized. Here’s how it works. Don’t do this!

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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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Tips to Help Buyers Successfully Navigate a Hot Real Estate Market

Realty Biz

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. The type of contingencies that you might want to skip is for the seller to pay part of your closing costs or for a home warranty. Require a minimal home inspection.

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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. If sellers get paid at closing either way, why is cash better? Updated August 31, 2021. Though you can (and should!)

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Get Your Own Slice of the Big Apple: Buying a House in Manhattan

HomeLight

Condos cost 30% more on average than co-ops,” says Dylan Hoffman , a local agent with over 19 years of experience, who’s sold 37% more properties than the average New York agent. Closing costs can range from 2.5% Inspections & attorneys. One-bedroom apartments in co-ops can start at $700,000 in co-ops compared to $1.2

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Opendoor vs Offerpad: How Do These Homebuying Companies Match Up?

HomeLight

Others perform a home inspection while their competitor skips one. Opendoor vs. This enables you to skip many of the typical hassles of selling a house (repairs, showings, open houses), and close in as little as 10 days. ” Opendoor will let you stay in your house up to 17 days after you close through their Late Checkout program.