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Tips to Help Buyers Successfully Navigate a Hot Real Estate Market

Realty Biz

It’s the preapproval letter that tells the seller that you’re serious about buying their home and highly likely to close the deal. One contingency that is almost always wise to include is a home inspection to be sure you aren’t buying a major problem that you aren’t aware of. Require a minimal home inspection.

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16 Tips to Win a Bidding War on a House

The Close

Ensure Your Client Has Loan Pre-approval Many sellers are anxious to get to the closing table quickly, which drives many to cash buyers , even for a lower price. For example, many agents ask sellers to cover closing costs for their buyer clients. That could be a pretty sizable chunk of money from the seller’s profit.

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What’s the Deal with Making a Cash Offer on a House?

HomeLight

From a seller’s point of view, if there are two offers that are otherwise identical, and one buyer can pay cash, the cash offer is likely to be viewed as the stronger offer because the buyer 1) definitely has the money, which means that they can 2) close quickly. If sellers get paid at closing either way, why is cash better?

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How to Buy a House in San Diego: 14 Steps to Close the Sale

HomeLight

People who live here love the proximity to some of the west coast’s best beaches, as well as being close to destinations like Disneyland, Joshua Tree National Park, and the deserts of Palm Springs. Closing costs in California average about 1% of the home’s sale price , and there are other pre-paid costs you might have as well.

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Closing on a House Checklist: 6 Things Home Buyers Must Do Before They Move In

Realtor.com

That’s why we’ve put together a home closing checklist, which outlines your action points in those few days leading up to settlement. Keep this closing process list handy to know you’ve done what you need to in order to close the deal. Get all contingencies squared away. Review your closing disclosure.

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What Is a Home Sale Contingency?

HomeLight

Other common contingency clauses include: Inspection Contingency: If the buyer finds fault with the home inspection report, they can ask for the seller to make repairs, or they can cancel the contract within the contingency period. Will a seller accept my home sale contingency offer?

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Do I Accept the First Offer on My House, or Wait and See?

HomeLight

According to a 2021 National Association of Realtors® survey, financing difficulties were responsible for 29% of closing delays and 10% of terminated contracts. If you accept it, your sale can close in as few as 10 days, often concluding with a moving date of your choosing. We’ll provide a no-obligation, all-cash offer within 48 hours.