HomeLight

JULY 31, 2020

While seamless closings are ideal for everyone involved, they almost never happen unless the buyer is paying cash on the home, and even then there can be a roadblock or two. Homeowners insurance not secured. While not legally required for every home sale, obtaining a mortgage loan is contingent on having homeowners insurance.

Closing 112

Closing Purchase and sale agreement Title search Earnest money deposit 112

HomeLight

NOVEMBER 9, 2021

During a hot market, when there are fewer homes for sale than there are buyers, homes get snatched up faster. In 2020, the National Association of Realtors (NAR) estimated an average of 25 DOM for home sales across the U.S. Appraisal contingency. Home sale contingency.

Purchase and sale agreement 87

Purchase and sale agreement Home sale contingency Title search Inspection 87

Redfin

MARCH 3, 2022

To avoid potential issues or delays, Western Title Company recommends informing your title or settlement agent of any IRS tax liens or bankruptcies that involve the seller or the property. Delayed approvals from Homeowners Associations. They can also price their home competitively for a quick sale.

Closing 61

Closing Title search Purchase and sale agreement Title 61