Remove As-is Remove Earnest money deposit Remove Staging Remove Title search
article thumbnail

First Time Selling a House Checklist

Realty Biz

Prepare and Stage your Home First impressions matter when selling a home. Prepare and Stage your Home First impressions matter when selling a home. Enhance your home's appeal by effectively decluttering, deep cleaning, and staging. Selling your first home can be an exciting yet overwhelming experience. Things have evened out.

article thumbnail

8 Essential Steps to Navigating Escrow in Home Buying

Realty Biz

The National Association of Realtors (NAR) conducted a survey in October 2022, revealing that approximately 7% of deals in the preceding three months got terminated before reaching the closing stage. During this stage, the buyer, seller, or their respective agents select an escrow agent who will oversee the process.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What Does Contingent Mean in Real Estate Sales

Realty Biz

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?

article thumbnail

How Long Does It Take to Close on a House From Start to Finish?

HomeLight

In addition to price, the purchase and sale agreement details other points of negotiation, such as who gets to keep the fridge, the buyer’s inspection period, how much the buyer will put down in earnest money — and your closing date. So if you list your home on Jan. 1 and accept an offer on Jan. How long each closing step takes.

Closing 112
article thumbnail

What You Need to Know If You’re Buying a Home from the Owner

HomeLight

Knowing that they will save money by not paying the listing agent’s commission, a seller might list their home at a lower price than they would if they had hired an agent. You’re driving around a neighborhood you love, and then up there in the distance, you see a sign in a yard. Is it a yard sale? A political sign? A contractor’s information?

article thumbnail

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

Realtor.com

If the appraised value is less than the sale price, the contingency enables you to back out of the deal without forfeiting your earnest money deposit , says Bishoi Nageh , president of the Petra Cephas Team at Mortgage Network Solutions, in Somerset, NJ. Clear the title. Review your closing disclosure.

Closing 139
article thumbnail

6 of the Top We Buy Houses for Cash Companies in Scottsdale

HomeLight

We Buy Houses companies in Scottsdale make all-cash offers for homes that often need some work, enabling sellers who lack the time, expertise, and money for repairs to move quickly and receive the cash proceeds from their home sooner if they need it. Need to Sell Your Scottsdale House Fast? No showings, no repairs, no open houses.