Redfin

MAY 7, 2021

In a seller’s market, you may be tempted to put an offer on a home that’s contingent on the sale of your current home. You can typically close within 10 to 60 days after accepting the iBuyer’s offer. Buyers are often willing to offer incentives to close the deal, and they might be more flexible on the timing.

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Purchase and sale agreement Marketing Equity Loans 80

Redfin

FEBRUARY 2, 2021

A seller’s market is when there are more homebuyers in a particular area looking to purchase a home than actual houses listed for sale. What is a Seller’s Market? A seller’s market usually results in rising home prices and stiffer competition among homebuyers. However, even if the U.S. However, even if the U.S.

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Pre-approval Purchase and sale agreement Marketing Inspection contingency 66

Redfin

JULY 28, 2020

Waiving these contingencies is a common strategy homebuyers use to make their offers more competitive by assuring the seller that the deal will close without unforeseen hiccups and negotiations. The inspection contingency allows the buyer to cancel a purchase or request repairs if they find an issue during the inspection period.

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Inspection contingency Inspection Purchase and sale agreement Pre-approval 59

Redfin

JULY 30, 2020

I never would have chosen to buy a house this way, but I’d rather take a risk with my home purchase than take a risk with my family’s health,” Sanchez said. “I 45% of surveyed homebuyers said they made a bid on a home without first seeing it in person, up from 28% in 2019. Where in the building is the unit?

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Inspection contingency Purchase and sale agreement Pre-approval Inspection 74

HomeLight

MARCH 20, 2023

That means a large majority of homebuyers must consider the sale of their current home prior to buying a new one. Most often, this type of scenario calls for a home sale contingency. 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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Home sale contingency Purchase and sale agreement Sales Earnest money deposit 88

HomeLight

JANUARY 28, 2021

Purchase demand: Will you find a buyer? Purchase demand has reached an all-time high. A report from CoreLogic recently revealed that homeowners enjoyed an average annual equity gain of $17,000 in Q3 2020, pushing equity levels to record heights nationwide. So is it a good time to sell a house, or will the move leave you in the lurch?

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As-is Purchase and sale agreement Agents Equity 103

Realtor.com

OCTOBER 29, 2020

That’s why we’ve put together a home closing checklist, which outlines your action points in those few days leading up to settlement. Keep this closing process list handy to know you’ve done what you need to in order to close the deal. If something is wrong, you can request that it be fixed—or you can back out of the sale.

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Closing Earnest money deposit Inspection contingency Purchase and sale agreement 139

HomeLight

FEBRUARY 4, 2022

If you haven’t purchased a home before, you probably have lots of questions about the process. Source: (LinkedIn Sales Solutions / Unsplash). Work with you to write a compelling purchase offer. Coordinate with the closing attorney and seller’s agent to finalize the sale. … An agent is your advocate.

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Agents Purchase and sale agreement Due diligence Inspection 92

HomeLight

JANUARY 28, 2022

We buy houses” companies are flippers who purchase properties “as is” for cash and renovate them, generating a profit at resale. We buy houses” operations are cash buyers or house buying companies that purchase homes directly from homeowners. But no one wants to be taken advantage of, conned, or ripped off. “We Request Offer.

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Purchase and sale agreement Investor Agents Sales 108

HomeLight

OCTOBER 1, 2020

If the appraiser only looked at sold listings while there are pending sales that might be more comparable to your would-be property, that’s something else that can affect a home’s appraised value. Short sales in the neighborhood . In some cases, short sales may be to blame for a low appraisal. So, what can you do?

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Purchase and sale agreement Short sale Rent back Sales 82

First Team Real Estate

MAY 21, 2021

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! Offer to Rent Back to the Sellers. When purchasing your home with a mortgage, your first payment isn’t actually due until a month after you close escrow.

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Purchase and sale agreement Rent back Marketing Agents 98

HomeLight

MARCH 28, 2022

Simple Sale provides cash offers for homes nationwide for when a traditional listing doesn’t work. Close in as little as 10 days. If you purchased the home recently, such as a year or two ago, it’s possible you haven’t built up much equity yet. Relocating for a job when you own a house can be especially challenging.

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Purchase and sale agreement Equity Agents Staging 112

HomeLight

SEPTEMBER 11, 2020

That means buyers who want to close a deal need to come prepared with their A-game when it comes to making an offer. The seller will either accept your offer (in which case it becomes your purchase agreement ), or will counter your offer (you can accept or counter again), or the seller could also flatly decline.

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Earnest money deposit Purchase and sale agreement Inspection contingency Home sale contingency 78

HomeLight

MAY 24, 2021

Home sales have skyrocketed, and home inventory is historically low. Our expert-backed guide is here to help. Your budget is $300,000. You see a house you love, and it’s listed at $300,000. Perfect match, right? Not so fast. If you’re looking to buy in 2021, then you already know that the market is white-hot.

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Pre-qualification Pre-approval Purchase and sale agreement Loans 104

Realty Biz

MAY 16, 2022

With so few homes for sale, buyers are fighting over each property that hits the market. For sellers, it has been a dream come true. Imagine sitting on your computer looking at homes on one of the more popular home listing websites. You find one that checks all the boxes for what you’re looking for. Waive The House Appraisal.

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Earnest money deposit Purchase and sale agreement Rent back Inspection 95