HomeLight

JULY 31, 2020

Asking for a non-monetary exchange like including certain appliances or furniture to offset the repair costs. Asking for a home warranty to cover questionable or outdated features. Home sale contingency. How it can delay closing. Short sale. How it can delay closing. Dodge move.

Closing 112

Closing Purchase and sale agreement Title search Earnest money deposit 112

HomeLight

JULY 29, 2022

In the case of mortgage wire fraud, scammers impersonate the title company and send fraudulent wiring instructions via email for buyers to wire their down payment and closing costs to. If that happens, your funds could go MIA just as you need them to close. Problem: You didn’t budget for closing costs and are caught flat-footed.

Closing 104

Closing Purchase and sale agreement Title Home sale contingency 104

HomeLight

APRIL 21, 2022

If specific criteria aren’t met, the deal can fall through; i.e., the sale is contingent upon various factors outlined in the offer. Therefore, the fewer contingencies tied to an offer, the more likely the deal will reach closing. Common contingencies include an inspection contingency and an appraisal contingency.

Inspection contingency 107

Inspection contingency Home sale contingency Pre-approval Agents 107