Closing costs Earnest money deposit Inspection Rent back 
The Close
FEBRUARY 6, 2024
Offer a Sizeable Down Payment Make a big impression by offering a large earnest money deposit (EMD) to hold the contract. For example, many agents ask sellers to cover closing costs for their buyer clients. That could be a pretty sizable chunk of money from the seller’s profit.
HomeLight
APRIL 19, 2021
Closing costs can range from 2.5% to as high as 6% of the sale price, so be sure to leave room in your budget for your attorney and real estate agent, as well as for filing fees and other required deposits. Inspections & attorneys. One-bedroom apartments in co-ops can start at $700,000 in co-ops compared to $1.2
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HomeLight
MARCH 2, 2023
Consider factors such as how long you plan to be in the area, if you have steady employment, and if you have enough money saved for not just the down payment, but for closing costs , maintenance, property taxes, and more. Do they need to do a rent-back on the house, or do they want a quick close?
HomeLight
MARCH 20, 2023
Other common contingency clauses include: Inspection Contingency: If the buyer finds fault with the home inspection report, they can ask for the seller to make repairs, or they can cancel the contract within the contingency period. Offer a larger earnest money deposit. Money talks! Offer over asking price.
Realtor.com
OCTOBER 29, 2020
These are the most common contingencies that are part of your new home closing process: Home inspection contingency: This gives buyers the right to have the home professionally inspected. If something is wrong, you can request that it be fixed—or you can back out of the sale. Bring the necessary documentation to closing.
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