HomeLight

JULY 29, 2022

Otherwise, you can arrange for a wire or bank transfer of funds that gets to the closing agent early (most likely via the title company). Suppose that property has become something that requires flood insurance and the seller didn’t know it because they never had to buy flood insurance — that could create a problem.

Closing 104

Closing Purchase and sale agreement Title Home sale contingency 104

HomeLight

MARCH 13, 2023

You don’t need the added stress of waiting for the buyer’s mortgage approval or a home inspection turning up any unpleasant surprises. Reiner advises asking for proof of funds such as a bank statement to ensure the buyer has sufficient resources to close the deal. The option period is negotiated between buyer and seller.

Sales 84

Sales Investor Due diligence Renovation 84

HomeLight

FEBRUARY 28, 2021

on the southwestern bank of the Potomac River. If you want to buy a house in Arlington, you’ll have to factor in a higher cost of living and housing prices in this seller’s market, where the average listing sells in several days. Minimal seller disclosures. Waive appraisal and finance contingencies.

Earnest money deposit 99

Earnest money deposit Land Residential Inspection contingency 99