Remove Closing Remove Construction Remove Inspection contingency Remove New Construction
article thumbnail

Top 10 ways to get homebuyers to work with you

Housing Wire

You know what you do, but how do you explain it in such a way that a buyer understands your value, the required agency forms and everything involved to make it to the closing table? Should they consider new construction? Managing the transaction between pending and closing can be the most challenging part of the process.

article thumbnail

Ask Brian: Will 2021 be a Good Time to Buy a House?

Realty Biz

Even if significant new construction begins in the next couple of months (unlikely), it won’t create an increase in inventory until at least late 2021. You must have your financing preapproved and be working with a lender that will close the deal quickly. You should think long and hard before waving the inspection contingency.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Contingent vs. Pending: Real Estate Lingo Explained

RIS Media

However, this is just the start with many things to do before the status changes to “Closed.” ” There are other statuses in the MLS listings like “Pending,” “Contingent,” “Coming Soon” and “Expired.” Not all sales will have contingencies with them, but most will.

article thumbnail

Should I Waive a Home Inspection? Why Buyers Are Willing To Right Now

Realtor.com

.” Why people are waiving home inspections during the COVID-19 era. Offers that waive a home inspection contingency can be more attractive to home sellers since there’s less likelihood that the buyers will find some expensive problem that they’ll demand is fixed before they move forward. What about condos?

article thumbnail

How Long Does it Take to Close on a House? 11 Steps From Your Offer to Keys in Hand

Redfin

All you want to do is move in, but first, you have a lot to schedule and arrange, and you’re wondering just how long it will take to close on your new home. Closing on a home typically takes 30-60 days, with several steps that need to be taken in order for a swift and smooth closing process.

Closing 73
article thumbnail

Home, Sour Home: How Homebuyers Can Avoid a ‘Lemon’

HomeLight

Issues beneath the flooring or behind the drywall won’t be uncovered by a regular inspection, but inspectors will alert buyers of any questionable, tell-tale signs that may need to be further investigated by a specialist. Many new construction homes come with a home warranty from the builder. Look closely at your inspection.

article thumbnail

Closing Documents for Buyers: 15 Closing Documents to Bring, See, Sign

HomeLight

You’ve made it through the most challenging part of the homebuying process , and closing day is finally approaching. As you count down the days until you’re sitting across that big table with a pen in your hand, ready to sign all of those closing documents for buyers, you might want to reel in your excitement. Closing Disclosure.

Closing 90