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Can You Get Your Earnest Money Back at Closing?

Redfin

Earnest money is a deposit you make after your offer on a home is accepted to show the seller that youre serious about buying. Think of it as a good-faith payment that tells the seller youre committed. You received seller concessions or lender credits. What is earnest money? It can cover part of your closing costs.

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How To Negotiate on House Price: Smart Tactics For Today’s Buyers

Redfin

Understand the seller’s motivation Beyond the numbers, understanding the seller’s motivation can give you a unique edge. If a seller is facing time-sensitive circumstances, they may be more willing to negotiate on price or other terms. Do your homework before you make an offer Negotiation begins long before you submit an offer.

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Top Frequently Asked Questions From Home Sellers

Rochester Real Estate

Top Frequently Asked Questions From Home Sellers It’s known that the home buying process comes with many frequently asked questions and the home selling process is no different. Since every home sellers situation is different, you should discuss the timing of your home sale with your Realtor.

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How to navigate the real estate market through seller concessions

Real Trends

As Realtors, we had to think creatively to help our sellers sell their homes. To think outside the box, some Realtors began using seller concessions. Whereas seller concessions make the home-buying process more affordable and exciting for potential buyers, while also maintaining the home and the community’s value.

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Killer Tips For Negotiating a Home Inspection

Realty Biz

One of the most vital phases of buying a house is having it inspected. Home inspections over the last few years were few and far between. The crazy hot seller's market forced many home buyers into forgoing their inspection. Let's look at what you need to know about home inspection negotiations.

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4 Scenarios Where Sellers Can Use Seller Credits to Close the Sale

HomeLight

While researching the home sales process, you’ve likely come across the term “seller credit.” A seller credit is a type of seller concession where the seller offers the buyer money at closing to sweeten the deal. Seller credits are money the seller gives the buyer at closing.

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What Are Common Terms and Conditions in a House Offer

Realty Biz

When you understand these terms and conditions, you’re more likely to structure your offer in a manner that will be appealing to the seller. Let’s look at the most common contingencies in an offer and what they mean to buyers and sellers. Common Contingencies Found in an Offer to Purchase.