HomeLight

DECEMBER 31, 2020

Things that could derail a sale during the sale pending period include: The home inspection. Most buyers will add a number of contingencies to the contract, such as the home inspection, appraisal, and financing contingency. Line up backup offers to hedge your risk. You’re not entitled to see the full inspection report.

Closing 104

Closing Backup offer Sales Inspection 104

HomeLight

OCTOBER 11, 2021

Instead, they have to get the bank to agree to forgive the difference between what they owe on the house and the agreed-upon sales price. With a short sale, the bank is the one accepting the offer,” he says. The bank is the one who will ultimately be losing money on the deal, so they have to approve it.” .

Short sale 73

Short sale Sales Banks Backup offer 73

HomeLight

JANUARY 13, 2022

Common contingencies include issues with appraisals, home inspections, or the buyer’s home sale. In other words, the primary deal on an active contingent listing might (maybe) fall through, causing sellers to place their home back on the market — or accept a backup offer. “I Inspection contingencies.

Backup offer 77

Backup offer Inspection contingency Purchase and sale agreement Home sale contingency 77

First Team Real Estate

DECEMBER 14, 2020

We combine our best-in-class, bank-grade pricing software with our human experience to get closer to your home’s true value than any other online tool. Pricing Your Home. Our Strategy. What sets First Team apart is our local, boots-on-the-ground knowledge of the Southern California real estate market.

Brokerage 105

Brokerage Backup offer Staging MLS 105

HomeLight

DECEMBER 31, 2020

It’s also important to avoid crossing dividing lines, like highways or vastly different neighborhoods, as those would not be included in a bank appraisal,” he says. This route also eliminates the hassle of inspections, financing contingencies, repairs, and other challenges that can come with a traditional retail sale.

Backup offer 103

Backup offer Sales Agents Investor 103

First Team Real Estate

DECEMBER 13, 2020

We combine our best-in-class, bank-grade pricing software with our human experience to get closer to your home’s true value than any other online tool. Pricing Your Home. Our Strategy. What sets First Team apart is our local, boots-on-the-ground knowledge of the Southern California real estate market.

Brokerage 40

Brokerage Backup offer Staging MLS 40

HomeLight

DECEMBER 30, 2021

After being under the microscope at open houses and inspection, you may wonder: What’s the point of this final examination? The appraiser is simply a third-party professional who comes to the property to make sure the bank is lending on a property that is actually there, has the size and features (bedrooms, baths, etc.)

Loans 117

Loans Agents Inspection Closing 117