RIS Media

APRIL 18, 2022

Getting rid of the mortgage financing clause in their offer. Allowing the seller to rent back for a specified amount of time. You may see some of these things or all of them before making an offer. It will help tailor your offer when the time comes. Speak to your real estate agent about what to expect.

Pre-approval 114

Pre-approval Backup offer Due diligence Rent back 114

HomeLight

MARCH 20, 2023

A kick-out clause acts as a sort of compromise in light of an offer with a home sale contingency. They may be able to accept backup offers as well, depending on how the clause is written. Offer to accept a rent-back agreement. Closing costs for a seller represent a significant expense.

Home sale contingency 101

Home sale contingency Purchase and sale agreement Sales Earnest money deposit 101

HomeLight

MARCH 15, 2021

I basically explain, like the five parts on offer are price, earnest money, down payment, close date, and then there’s this miscellaneous bucket which includes a bunch of other things, you know, inspection period, appraisal contingency, repairs, personal property, rent back, etc. There’s nothing wrong with the house.”

Agents 80

Agents Backup offer Inspection Closing 80

HomeLight

OCTOBER 5, 2020

I basically explain, like the five parts on offer are price, earnest money, down payment, close date, and then there’s this miscellaneous bucket which includes a bunch of other things, you know, inspection period, appraisal contingency, repairs, personal property, rent back, etc. There’s nothing wrong with the house.”

Agents 90

Agents Backup offer Inspection Closing 90