Realtor.com

JANUARY 4, 2023

Inventory levels are still low, but there are more homes coming on the market; the bidding wars and mind-boggling offers over the asking price have died down; and buyers can once again insist on inspections, contingencies, and repairs before the deal closes. And they’re all in different stages of their lives.

Inspection contingency 133

Inspection contingency Pre-approval Mortgages Inspection 133

Point2Homes

DECEMBER 7, 2020

If you’re thinking about how to buy a home that’s in foreclosure, be sure to do your research because there are extra stages involved. This should show you how much you can afford to spend on mortgage payments and reveal how much a bank is likely to lend to you. Getting Pre-Approved. How to Buy Foreclosed Homes.

Debt-to-income ratio 118

Debt-to-income ratio Pre-approval Inspection Inspection contingency 118

HomeLight

JUNE 29, 2021

Your sale is more likely to close and close faster with a cash offer than with an offer that hinges on a mortgage approval. Selling to a house flipper is an attractive option if you want to skip repairs and staging, but beware — home flippers turn large profits on houses by buying them for well below their market value.

Inspection contingency 57

Inspection contingency Proof of funds Inspection Pre-approval 57

HomeLight

JUNE 21, 2022

After going through the stressful process of staging and showing your house, you’ve accepted an offer that exceeds your expectations. But you’ll still have to get over the home inspection hurdle that could reveal issues requiring repairs or cause buyers to renegotiate a lower sales price or even walk away from the deal.

Inspection 120

Inspection Purchase and sale agreement Pre-approval Inspection contingency 120

HomeLight

MARCH 30, 2021

There’s a difference between the two stages. Preapproval, on the other hand, is typically a more official process where the lender requires more documentation of your bank accounts and also looks into your credit history. It’s in your best interest to shop around for good mortgage rates and terms prior to getting pre-approved.

Due diligence 103

Due diligence Inspection Title Pre-approval 103

HomeLight

AUGUST 25, 2020

The overarching question, as you make your way down your pre-sale checklist , is likely something along the lines of: “How long is this going to take?”. Below are just some of the typical pre-listing preparations that Shapiro calls out as essential: Reduce clutter. Get a pre-listing inspection. Get the price right.

Closing 120

Closing Pre-approval Inspection Days on market 120

HomeLight

NOVEMBER 9, 2021

The Simple Sale process frees you of the hassle of staging your home and jumping through hoops for the buyer’s lender. 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).

Purchase and sale agreement 86

Purchase and sale agreement Home sale contingency Title search Inspection 86