HomeLight

JULY 31, 2020

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.

Closing 110

Closing Purchase and sale agreement Title search Earnest money deposit 110

HomeLight

AUGUST 10, 2022

Some companies may make a preliminary offer at this stage, but it’s usually subject to change once they’ve inspected your property. Founded in 2014 , We Buy Houses Hotlanta is a family-owned operation that advertises Creative Real Estate and Short Sale certifications on their website. Inspections / repairs. Title search.

Closing costs 76

Closing costs Purchase and sale agreement Closing Inspection 76

HomeLight

MAY 24, 2022

Many companies combine title and escrow services under one roof, as their functions are closely interrelated. Your agent can help you find a title company to handle the title search, and title insurance, which is always recommended. Title search: 3 days.

Purchase and sale agreement 104

Purchase and sale agreement Closing Title search Title 104

HomeLight

JANUARY 13, 2022

Common contingencies include issues with appraisals, home inspections, or the buyer’s home sale. So he knows all the twists and turns that can occur between an accepted offer and a closed sale. Inspection contingencies. Inspection contingencies can be waived. Title contingencies. Appraisal contingencies.

Backup offer 77

Backup offer Inspection contingency Purchase and sale agreement Home sale contingency 77

HomeLight

OCTOBER 29, 2020

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. Negotiable contingencies.

Purchase and sale agreement 79

Purchase and sale agreement Pre-approval Earnest money deposit Inspection 79

HomeLight

JULY 29, 2022

So get a contract, then call for a home inspection, and then call the insurance company — those are the calls that you make before you do anything else.”. That likely went right to your lender, so ask to get a copy from either them or directly from the title company. Problem: There’s a problem with an inspection.

Closing 104

Closing Purchase and sale agreement Title Home sale contingency 104

HomeLight

JULY 31, 2021

Inspection period. Jackson says there’s a decent chance a cash buyer will still include an inspection contingency in the contract — especially if they are offering closer to market value. Pay attention to the number of days allotted for the cash buyer to complete their inspection. Step 6: Pass the inspection.

Earnest money deposit 98

Earnest money deposit Inspection Proof of funds Inspection contingency 98