HomeLight

NOVEMBER 9, 2021

In fact, the mortgage process is the most common culprit for slowing down the sale. A buyer using a mortgage will most likely include the following contingencies (all of which have deadlines): Inspection contingency (note: this one is optional and buyers can choose to waive it). Appraisal contingency.

Purchase and sale agreement 83

Purchase and sale agreement Home sale contingency Title search Inspection 83

HomeLight

JULY 31, 2020

These are the top home closing delays that could affect if and when you close on your new home, and how to overcome them. Loan approval. For most buyers, financing a home through a bank or lender with a mortgage loan is necessary to purchase the property. Home sale contingency. Dodge move.

Closing 108

Closing Purchase and sale agreement Title search Earnest money deposit 108

HomeLight

JUNE 30, 2021

Some states require only 40 hours of pre-licensing classes, while others may require more than 200 hours, for example. There are several different factors that determine home affordability and each lender can have its own mortgage approval standards when it comes to the buyer’s credit score, income, assets, debt, and liabilities.

Purchase and sale agreement 79

Purchase and sale agreement Inspection contingency Home sale contingency Inspection 79