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How Fast Can I Sell My House? It Can Take 75 Days or 12

HomeLight

A traditional home sale in which a seller lists with an agent and a buyer finances with a mortgage takes approximately 18-30 days to go under contract, plus an additional 30-45 days to closing. Keep in mind though, that a home that needs major repairs may slow or derail a sale to traditional buyers who are financing with a mortgage.

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17 Home Closing Delays and How You Can Avoid Them

HomeLight

For most buyers, financing a home through a bank or lender with a mortgage loan is necessary to purchase the property. The best way to help avoid mortgage loan setbacks is to get preapproved for one before even submitting an offer. Problems with the title. Minimizing clouds in a title search requires the seller to be proactive.

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What Buyers Need to Know About Making an Offer on Active Contingent Listings

HomeLight

Inspection contingencies. Inspection contingencies mean that a buyer can get a home inspected before the deal goes through, and can back out of the purchase with earnest money intact, depending on what the inspector finds. Inspection contingencies can be waived. Appraisal contingencies.

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Here’s How You Can Make an Offer On a House Without a Realtor® in 9 Steps

HomeLight

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. This is why shopping around for a mortgage is so crucial ! Inspection contingency. Appraisal contingency.

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25 Nightmare Scenarios That Can Disrupt Closing (And How to Avoid Them)

HomeLight

When you’re buying a house, the list of what can go wrong at closing includes everything from issues with the mortgage loan and buyer’s credit, insurance snags, appraisal problems, title claims, and events beyond everyone’s control (such as natural disasters, or buyer or seller illness or death).

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Eliminating Stringent Contingencies: How to Make a Contingent Offer Stronger

HomeLight

Contingencies can range from the relatively minor or otherwise workable — like requesting a $3,000 allowance to fix a plumbing issue that was revealed during inspection — to more serious stipulations, such as a buyer needing to sell their existing house before closing on the next. Negotiable contingencies. Home inspections.

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Find Cash Home Buyers in Houston for a Fast, Simple Sale

HomeLight

Naumann says buyers may not get a mortgage if big-ticket items like the roof or A/C aren’t in good condition. Investors offer alternatives to foreclosure and bankruptcy About 60% of sellers who contact Ramcharitar are behind on their mortgage payments. A house-buying company generally pays closing costs.

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