Housing Wire

FEBRUARY 4, 2021

Here’s how Dannielle Hale, chief economist for Realtor.com, put it in her recent 2021 forecast: “The housing market in 2021 will be much more hospitable for buyers as an increased number of existing sellers and ramp-up in new construction restore some bargaining power for buyers, especially in the second half of the year.”.

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HomeLight

JUNE 8, 2023

Before you submit your bid, it’s important to understand what an Earnest Money Deposit (EMD) is, how you can use one to strengthen your offer, and how to protect your money should anything come up during your home-buying process. In higher-priced or competitive markets, deposits can reach up to 10%.

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Realtor.com

SEPTEMBER 18, 2020

Generally, waiving a home inspection is done to speed up the closing process. You might have to forfeit the earnest money deposit you’ve put down with your offer, but not necessarily if you’ve worded your contract right. Should you waive inspections in a condo or new-build home? What about condos?

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RIS Media

MAY 19, 2021

However, this is just the start with many things to do before the status changes to “Closed.” It shows that the contract has been agreed upon, but some work still needs to be done before closing. Financing problems delay closing in around a third of all real estate transactions. Appraisal Contingencies.

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HomeLight

OCTOBER 17, 2022

HomeLight’s free Agent Match platform can connect you with a top-performing agent in your market who can help you navigate your entire home-selling journey — from disclosures to closing. If the buyer isn’t satisfied with the deal, then they may back out and receive a refund of their earnest money deposit. Find Agent.

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RIS Media

OCTOBER 5, 2021

“We were looking at increasing earnest money deposits, and that was rough because a lot of them are first-time buyers, so they are just starting.” According to Chute, managing expectations was also paramount to navigating first-time and younger buyers in the market. Based on recent reports, Phoenix recorded a 32.4%

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HomeLight

AUGUST 11, 2023

There’s a lot to review, but our real estate experts have helped break down the most common areas where real estate purchase offers can go awry and what to read closely before you sign. Find a top real estate agent near you We analyze millions of home sales to find real estate agents that sell homes faster and for more money.

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