HomeLight

JULY 31, 2020

These are the top home closing delays that could affect if and when you close on your new home, and how to overcome them. Loan approval. For most buyers, financing a home through a bank or lender with a mortgage loan is necessary to purchase the property. Home sale contingency.

Closing 111

Closing Purchase and sale agreement Title search Earnest money deposit 111

HomeLight

JANUARY 3, 2023

FSBO sellers in Colorado may consider getting a home inspection prior to listing their home for sale. However, be aware that if you get a pre-listing inspection, you will be required to share relevant findings with buyers and how you did or did not address them. Get a pre-listing appraisal.

Purchase and sale agreement 100

Purchase and sale agreement Inspection MLS Inspection contingency 100

HomeLight

MARCH 31, 2022

Addressing any issues upfront helps buyers have peace of mind when making an offer and helps to prevent inspection-related closing delays. However, be aware that if you get a pre-listing inspection, you will be required to share relevant findings with buyers and how you did or did not address them. Closing costs.

Purchase and sale agreement 92

Purchase and sale agreement Inspection Title MLS 92

HomeLight

JUNE 30, 2021

Some states require only 40 hours of pre-licensing classes, while others may require more than 200 hours, for example. There are several different factors that determine home affordability and each lender can have its own mortgage approval standards when it comes to the buyer’s credit score, income, assets, debt, and liabilities.

Purchase and sale agreement 83

Purchase and sale agreement Inspection contingency Home sale contingency Inspection 83

HomeLight

APRIL 21, 2022

Cash vs. financing : Cash offers usually result in a faster sale than mortgage-backed offers; if speed is an important aspect of the sale, this could make a significant difference. If specific criteria aren’t met, the deal can fall through; i.e., the sale is contingent upon various factors outlined in the offer.

Inspection contingency 107

Inspection contingency Home sale contingency Pre-approval Agents 107

HomeLight

MARCH 13, 2023

They need to sell quickly to stop foreclosure or stop a tax sale,” says Joseph. When time is of the essence, a cash sale could be the quickest solution. More certainty: With a pre-offer walk-through, a cash home buyer can generally provide a firm cash offer that comes with few contingencies, or no contingencies at all.

Sales 82

Sales Investor Due diligence Renovation 82