Realty Biz

NOVEMBER 11, 2020

For example, if a home sale is contingent or pending, can you still make an offer? Let’s take a closer look at the meaning of contingent , so you can see how it might affect a home you are looking to buy. How your real estate agent markets your property when an offer has been accepted can have vital implications.

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HomeLight

MAY 28, 2021

Basic home inspections don’t cover everything , though. Issues beneath the flooring or behind the drywall won’t be uncovered by a regular inspection, but inspectors will alert buyers of any questionable, tell-tale signs that may need to be further investigated by a specialist. Is there a lemon law for houses? Seller disclosures.

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Inspection contingency Inspection Seller disclosure Due diligence 75

HomeLight

OCTOBER 29, 2021

You still have to make it through the house closing process, where inspections , credit problems, or paperwork issues can trip you up. Average time decreased from earlier in the year, when the market was extremely hot. The lender needs to do their due diligence on the property you’re buying, too.

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HomeLight

SEPTEMBER 1, 2020

There are pros and cons to consider when going this route, however, such as the fact that bank-owned properties often need more TLC than other homes on the market, and many are sold as-is. Purchasing a bank-owned property is different than purchasing a home on the general real estate market. Here’s what you’ll be getting into.

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HomeLight

DECEMBER 31, 2020

Real estate agents keep an eye on sales pending properties because there are a number of ways that the deal could fall through and the house could come back on the market. Things that could derail a sale during the sale pending period include: The home inspection. What does “sale pending” mean? The property appraisal.

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HomeLight

AUGUST 24, 2022

Clients maximize the value of their quick home sale with a competitive top market offer and no additional fees, commission or upfront costs. Average days on market for Connecticut. Looking to sell a house “as is” in Connecticut? Sell Your Home As-Is With a Competitive Cash Offer. Fast facts about selling a house ‘as is’ in Connecticut.

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HomeLight

MAY 28, 2021

However, it’s vital to do your due diligence before buying a home as-is to protect yourself or you might just end up wasting your investment on a money pit. An example: Let’s say a property is listed as-is, and a home inspection finds a leaky roof and foundation issues. Source: (Max Murauer / Unsplash).

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HomeLight

OCTOBER 30, 2020

And if you add a home sale contingency into the mix (that is, if you need to sell your current home before you can buy a new one), closing the deal can take even longer. For example, let’s say the market crashes, and your 401(k) loses a huge amount of value overnight. But is the cash closing process always seamless? Because it’s fast.

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Closing Inspection contingency Title search Purchase and sale agreement 108

HomeLight

MARCH 13, 2023

Perhaps your Metro West resort-style condo isn’t bringing in the revenue you expected as a vacation rental and you don’t want to invest more money to list it on the market. Expanding population and job market fuel rental growth Greater Orlando’s population of 2.67 Looking for cash home buyers in Orlando? million people by 2030.

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Sales Investor Due diligence Renovation 75

HomeLight

JULY 26, 2022

For sellers in neighborhoods with many recently sold homes, it can be easier to determine what their asking price should be based on estimated market value. For sellers in neighborhoods with many recently sold homes, it can be easier to determine what their asking price should be based on estimated market value. Is it a yard sale?

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HomeLight

SEPTEMBER 10, 2022

Kick-out clauses are often employed when the buyers have to sell their current home first, and the sellers want to continue marketing their home in the meantime. A seller is most likely to want a kick-out clause if there’s a contingency to your offer. A contingency is a condition that must be met for the purchase to proceed.

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Purchase and sale agreement Home sale contingency Sales Inspection contingency 89

HomeLight

JULY 29, 2022

Closing on a house is a thrilling time for buyers : Once you’ve found the one and have an accepted offer, you’re ready to grab the keys and make it your own. But closing time can also be plenty to rack your nerves. First, when deciding to purchase a home, you’ll naturally try to make sure you’re at a stable point in your career.

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Closing Purchase and sale agreement Title Home sale contingency 103

HomeLight

AUGUST 9, 2022

With the help of real estate experts, we’re breaking down all the details for how much you should pay and when the down payment is due. When is the down payment due? To make a long story very short, your down payment is officially due at the time of closing. So the down payment is due at closing? Let’s jump in!

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Earnest money deposit VA loan Purchase and sale agreement FHA loan 88

HomeLight

SEPTEMBER 15, 2021

Comparative market analysis. Proposed marketing plan. Pre-listing inspection report. Read on to learn more about the main documents* you’ll need for an airtight, legally sound home closing, as well as the bonus resources you’ll get if you do decide to work with an agent after all. Original sale contract. Manuals and warranties.

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Purchase and sale agreement Inspection Title Pre-approval 111

HomeLight

OCTOBER 29, 2020

And that’s before buyers even start thinking about steps like making a contingent offer. The need for a competitive offer is stronger than ever these days, when experts nationwide agree that the events of 2020 have created a robust seller’s market. What is a contingent offer? Negotiable contingencies.

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Purchase and sale agreement Pre-approval Earnest money deposit Inspection 77

HomeLight

FEBRUARY 28, 2021

We also interviewed home remodeling and inspection specialists to help you avoid common pitfalls so you can learn how to navigate the market and buy a house in Salt Lake City. Tech and healthcare industries are booming here, making the city an attractive option for millennials. Lace up your hiking boots and let’s get going!

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Marketing Inspection Inspection contingency Due diligence 53

Redfin

MARCH 15, 2021

The housing market is hot! But even in a seller’s market, where there are far more buyers than homes for sale, there is no guarantee your home will attract multiple offers. But even in a seller’s market, where there are far more buyers than homes for sale, there is no guarantee your home will attract multiple offers.

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HomeLight

JULY 31, 2021

They look for motivated sellers who want to close quickly and avoid the potential complications of financing or sale contingencies, even if it means accepting a lower offer price,” he explains. If the whole house has been renovated recently and the seller wants full market value, they’re typically better off working with an agent.”.

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HomeLight

MARCH 16, 2023

We’ve gathered insights from real estate experts to create this guide for navigating Houston’s cash home buyer market so you can sell your property in as fast a time frame as you require. But newcomers who invested in Houston’s sizzling real estate market are backing off during the downturn. Need to Sell Your House Fast in Houston?

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