Realty Biz

JULY 1, 2023

Navigating the escrow process is a critical aspect of home buying, ensuring a secure and smooth transaction for both buyers and sellers. Escrow acts as a neutral third party that holds funds and documents until all conditions of the home purchase are met. Selling your home can be a bumpy journey.

Purchase and sale agreement 75

Purchase and sale agreement Earnest money deposit Title search Pre-approval 75

HomeLight

JULY 31, 2020

Loan approval. In fact, buyers should go one step further (if they can) and get pre-underwritten for a loan , which offers even more security for both buyers and sellers. Once the buyer and seller sign the contract, the closing process begins — and therein lies the rub. It almost certainly will not move as quickly as anticipated.

Closing 112

Closing Purchase and sale agreement Title search Earnest money deposit 112

Realty Biz

NOVEMBER 11, 2020

When you begin an online search for a home, you may find some sale statuses you don’t fully understand. They will also get their earnest money deposit back , and the home will go back on the market. For example, if a home sale is contingent or pending, can you still make an offer? What does Contingent Mean?

Backup offer 110

Backup offer Sales Home sale contingency Earnest money deposit 110

HomeLight

JANUARY 12, 2022

And in some scenarios, the seller won’t be required to attend in-person if they pre-sign the deed and other documents. But the time required to process and underwrite the loan will be in large part what dictates the length of your closing. So if you list your home on Jan. 1 and accept an offer on Jan. How long each closing step takes.

Closing 113

Closing Purchase and sale agreement Pre-approval Inspection 113

HomeLight

JUNE 23, 2022

If you need assistance navigating the legalities of keeping earnest money from a real estate transaction, HomeLight always encourages you to reach out to your own advisor. What is earnest money? Earnest money is often referred to as a “good faith” deposit. 5k for a $500K home).

Earnest money deposit 109

Earnest money deposit Purchase and sale agreement Due diligence Home sale contingency 109

HomeLight

MARCH 6, 2023

Consider factors such as how long you plan to be in the area, if you have steady employment, and if you have enough money saved for not just the down payment, but for closing costs , maintenance, property taxes, and more. The Bay Area is also close to beaches, national parks, and the wineries of Napa Valley.

Closing 89

Closing Earnest money deposit Sales Title 89

HomeLight

MARCH 2, 2023

Consider factors such as how long you plan to be in the area, if you have steady employment, and if you have enough money saved for not just the down payment, but for closing costs , maintenance, property taxes, and more. If this all sounds perfect and you’re getting serious about purchasing a home in San Diego, read on.

Closing 95

Closing Earnest money deposit Sales Inspection 95