Closing costs Inspection contingency Rent back Sales 
Realty Biz
JULY 7, 2021
Minimal or no contingency clauses. Contingencies are specific conditions that must be met before the sale can be completed. For example, a contingency could be that the house value must meet or exceed your offered price when appraised. If you follow tip 3 above, you don’t need to include this contingency in your offer.
The Close
FEBRUARY 6, 2024
For example, many agents ask sellers to cover closing costs for their buyer clients. If your buyers can pay for their closing costs, that could put them at the top of the heap. Many sellers choose a cash buyer over a mortgage buyer because they want more certainty that the transaction will close.
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HomeLight
AUGUST 31, 2021
Ever since the 2008-2009 recession, cash offers have become more prevalent, accounting for 33% of sales as of 2021 — that’s up from 20% in 2019. Cash buyers have the option of taking these same steps for appraisals and inspections, but they aren’t required to so to appease a lender. Updated August 31, 2021. Source: (Mike / Pexels.com).
HomeLight
MARCH 20, 2023
That means a large majority of homebuyers must consider the sale of their current home prior to buying a new one. Most often, this type of scenario calls for a home sale contingency. Find a Buyer's Agent What is a home sale contingency? If the buyer’s current home sells, the sale of the new home can proceed.
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?
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. Clear the title.
HomeLight
APRIL 21, 2022
After listing your home for sale, you eagerly, nervously … anxiously await the news that someone wants to buy it. 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. Eventually, the call comes.
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