Realtor.com

DECEMBER 10, 2020

One example would be closing earlier and offering the seller a short rent back to allow them an easier move into their next home,” Dibble says. Closing costs. Instead of playing hardball on the list price of the home, consider asking the seller for help covering closing costs.

Closing costs 142

Closing costs Inspection Closing Rent back 142

The Close

APRIL 28, 2022

When a financed buyer offers to cover any appraisal gap, they are putting up additional money for the down payment and closing costs. I was working with a client who only had $30,000 total for down payment and closing costs. Pay the Seller’s Closing Costs. Without a second’s pause, she exclaimed, “OK!”

Rent back 104

Rent back Closing costs Finance Agents 104

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. Additional concessions could be: Paying for title: This typically ranges from 1% to 2% of the home’s purchase price.

Pre-approval 75

Pre-approval Earnest money deposit Inspection Inspection contingency 75

HomeLight

APRIL 17, 2024

If you accept Offerpad’s Express Cash Offer, you’ll pay a service fee that is 5% of the offer price plus 1% in closing costs. Opendoor charges a 5% service fee and an estimated 1% for closing costs. In normal home sales, many real estate agents are negotiating rent-back periods for home sellers. BBB : 3.37

Seller concession 99

Seller concession Inspection Rent back Closing 99

HomeLight

NOVEMBER 10, 2021

They’ll know whether offering a rent-back period could sweeten the deal, or if it’s more common to pay seller closing costs. A good agent will reach out to the seller’s agent and ask about non-financial perks, such as a flexible closing timeline or rent-back period, that could seal the deal.

Inspection 90

Inspection Title Agents Pre-approval 90

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?

Closing 95

Closing Earnest money deposit Sales Inspection 95

Realtor.com

OCTOBER 29, 2020

Clear the title. When you buy a home, you “ take title ” to the property and establish legal ownership—a process that’s confirmed by local public land records. But clearing title will ensure this doesn’t happen, says Marc Israel , president and chief counsel of MiT National Land Services, a title company in New York City.

Closing 139

Closing Earnest money deposit Inspection contingency Purchase and sale agreement 139