HomeLight

JULY 31, 2020

There are many issues that can arise from a title search on a home for sale — some small, some big — that must be addressed before the property can be legally transferred to the new owner. How it can delay closing. Home sale contingency. How it can delay closing. Short sale. Closing costs.

Closing 116

Closing Purchase and sale agreement Title search Earnest money deposit 116

Redfin

MARCH 3, 2022

“A seasoned mortgage broker will fully analyze your situation and application, anticipate any issues, and guide you through the process to a smooth closing,” says Trey Bolen at Lendid Home Loans. It’s also important that buyers come to closing prepared with all necessary closing documents and payment for closing costs.

Closing 61

Closing Title search Purchase and sale agreement Title 61

HomeLight

JULY 29, 2022

In the case of mortgage wire fraud, scammers impersonate the title company and send fraudulent wiring instructions via email for buyers to wire their down payment and closing costs to. If that happens, your funds could go MIA just as you need them to close. Problem: You didn’t budget for closing costs and are caught flat-footed.

Closing 104

Closing Purchase and sale agreement Title Home sale contingency 104

HomeLight

JUNE 30, 2021

An appraisal contingency allows the homebuyer to back out of the contract if the purchase price is more than the appraised value. Home sale contingency. With a home sale contingency , the transaction is contingent on the sale of the buyer’s home. Zoning contingency.

Purchase and sale agreement 93

Purchase and sale agreement Inspection contingency Home sale contingency Inspection 93