Remove As-is Remove Inspection contingency Remove Loans Remove Rent back
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5 Things Homebuyers Need To Know When Making an Offer

Keeping Current Matters

That’s why you should connect with a lender to get pre-approved for a loan early in the homebuying process. An agent can help you consider what levers you can pull that might be enticing to a seller, like: Offering flexible rent-back options to give the seller more time to move out. Brace for a Fast Pace.

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20% of Winning Home Offers Waived the Inspection Contingency in June, Up From 13% Last Year

Redfin

markets waived the inspection contingency, compared with just 13.2% Winning offers waived the appraisal contingency at a similar rate—20.6%—up The inspection contingency allows the buyer to cancel a purchase or request repairs if they find an issue during the inspection period. In June, 19.9% up from 17.4%

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Is a Home Sale Contingency Clause Always Necessary? Here Are Your Options

HomeLight

But one of the most influential bargaining tools is eliminating contingency clauses, especially the seller contingency clause, also known as the home sale contingency. What is a contingency clause? Let’s begin by looking at the “what” and “why” of contingency clauses. Why would you want a home sale contingency?

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16 Tips to Win a Bidding War on a House

The Close

They only had to finance a small part of the home loan (less than $100,000) after they offered to pay 80% of the list price in cash. That may sound like a lot to add, but when your buyers roll it into their mortgage, it should not change their monthly payment so much that it prevents them from qualifying for their loan.

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What’s the Deal with Making a Cash Offer on a House?

HomeLight

A cash offer simply means that a buyer already has the funds available to buy the house and can pay for it without securing a mortgage loan. From the seller’s point of view, it doesn’t make much difference whether the cash comes from the buyer’s personal bank account or from a mortgage loan. Updated August 31, 2021.

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Reality Check: 9 Things to Expect When Selling Your Home

HomeLight

And don’t forget clutter in your front and back yards: 62% of agents surveyed by HomeLight said clearing exterior clutter is critical , particularly for listing photos and virtual tours. Your buyer’s loan approval is often the closing step that takes the longest. As it turns out, selling can be tough — overwhelming, even.

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Buying in a Seller’s Market: 9 Ways to Win

Redfin

1) Get Pre-Approved for a Home Loan. What is a Seller’s Market? 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. A seller’s market usually results in rising home prices and stiffer competition among homebuyers. However, even if the U.S.