HomeLight

JANUARY 3, 2024

Sometimes you come across a home for sale that checks off every box on your list, but the listing status says that it’s “under contract” or “sale pending.” In most cases, there are contingencies in the buyer’s offer that need to be cleared before the transaction is moved to the more solid “sale pending” status.

Purchase and sale agreement 94

Purchase and sale agreement Earnest money deposit Inspection contingency Pre-approval 94

HomeLight

MARCH 16, 2023

Do you need to connect with cash home buyers in Houston for a fast sale? Perhaps you’re relocating for your dream job in two weeks, but you don’t have the time or money to replace the roof on your University Place ranch that has sprung a leak. Receive your offer within a week and close in as little as 10 days.

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Sales Purchase and sale agreement Earnest money deposit Investor 63

Realty Biz

JULY 11, 2022

When you set out to purchase a home as buyer you will eventually find a property you love. At that point, you’ll sit down and construct on offer to purchase. The offer will spell out all of the common terms and conditions such as the offer amount, what you’re financing, any contingencies, and the closing date.

Earnest money deposit 75

Earnest money deposit Purchase and sale agreement Marketing Equity 75

HomeLight

AUGUST 9, 2022

It’s the first financial move you’ll make in securing your new home purchase. And it’s a lot of money, so you’re probably wondering: When do you actually have to give the down payment to the seller? But that doesn’t mean the money will leave your account just yet. So the down payment is due at closing? Jeremy Larsen.

Earnest money deposit 88

Earnest money deposit VA loan Purchase and sale agreement FHA loan 88

Realty Biz

MAY 16, 2022

With so few homes for sale, buyers are fighting over each property that hits the market. In instances such as this where an appraisal comes in low, a buyer will increase their down payment to provide more equity in the home. Earnest money can be five percent of the purchase price and in some circumstances even more.

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Earnest money deposit Purchase and sale agreement Rent back Inspection 95

HomeLight

NOVEMBER 29, 2021

A down payment is money that a buyer will pay at closing, usually expressed as a percentage of the home’s total purchase price. All FHA loans require a mortgage insurance premium (MIP), which is an upfront payment made at closing when you take out the loan. What is an average down payment for a house, anyway??

Earnest money deposit 81

Earnest money deposit FHA loan Purchase and sale agreement Inspection 81

HomeLight

JULY 29, 2022

Once your offer has been accepted by the seller and you have signed the purchase contract, it’s time to order an appraisal. If the seller accepts, this is when you as the buyer sign the purchase contract to solidify the details of the sale. Evaluation of the comparable sales that were used to determine value.

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Purchase and sale agreement Earnest money deposit Inspection Loans 79