HomeLight

AUGUST 31, 2021

The lender usually also requires additional contingencies before they’ll approve the loan, such as an appraisal contingency to make sure the home is worth the amount they are loaning you to buy it, and an inspection contingency to see if there are any potential problems. There’s no financing contingency.

Due diligence 75

Due diligence Inspection Pre-approval Pre-qualification 75

HomeLight

AUGUST 23, 2022

These companies can help sellers cash out quickly and many will cover a seller’s closing costs. Consider a pre-listing inspection. A pre-listing home inspection is the same as a standard home inspection except that the seller pays for it before listing their home on the market. Price to reflect ‘as is’ condition.

As-is 93

As-is Investor Closing costs Inspection 93

HomeLight

MARCH 23, 2022

If you must include contingencies, such as a loan contingency or appraisal contingency to secure a mortgage, try to include as few as possible. Lead with your highest bid. In this market, Peterson hasn’t seen many counter-offers coming from sellers because many buyers are making offers over asking price. Count your cash.

Pre-approval 92

Pre-approval Marketing Inspection Finance 92