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17 Home Closing Delays and How You Can Avoid Them

HomeLight

Out of the delayed contracts, the most common causes were financing issues (37%), followed by appraisal issues (18%) and inspection issues (16%). Repairs identified in the inspection. The home inspection is one of the most important steps in the purchase process and one of the strongest variables that can affect closing.

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This Is How To Profitably Find Houses To Flip In 2023

Kyle Handy

Others know that their property isn’t going to pass a house inspection. You can target advertising on Google or Facebook to people interested in bankruptcy or foreclosure. You also need a good website and a remarkable landing page to take advantage of targeted advertising. Some of them inherited property with problems.

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How to Get Cash for Your Home: A Step-by-Step Guide

HomeLight

When looking for properties to buy, he focuses on single- and multi-family homes rather than vacant land or mobile homes because they allow for “value-add.”. In addition, these properties allow for multiple exit strategies for investors, including flips, short- or long-term rentals, or wholesales.”. “A Inspection period.

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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. Home inspections. Zoning and land use contingencies.

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Selling a House ‘As Is’ in North Carolina

HomeLight

Some of the additional required disclosures in North Carolina include: Any known violation of local zoning ordinances, restrictive covenants, or other land-use restrictions or building codes. Consider a pre-listing inspection. Schaus does warn that there can be a downside to these pre-inspections, as well. Limited buyer pool.

As-is 81