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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Purchase and sale agreement Earnest money deposit Residential New Construction 81

The Residential Specialist

AUGUST 31, 2023

Experts offer strategies to help clients who need to buy their next home before the sale of their original home is final By Myrna Traylor There are many reasons why a seller might want to secure the purchase of a new primary home before selling their current residence. I just did that for a transaction we closed on yesterday.

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Earnest money deposit Debt-to-income ratio New Construction Equity 98

RIS Media

MAY 19, 2021

However, this is just the start with many things to do before the status changes to “Closed.” ” What do they mean and how will they affect your home sale? Despite this, there can still be room to negotiate the conditions of the sale. Not all sales will have contingencies with them, but most will.

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Purchase and sale agreement Earnest money deposit Inspection contingency Home sale contingency 98

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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Inspection Earnest money deposit Inspection contingency New Construction 145

HomeLight

SEPTEMBER 1, 2022

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. As far as home styles go, new construction is trending toward a country style, says Raymer.

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Earnest money deposit FHA loan Purchase and sale agreement Title 75

HomeLight

AUGUST 9, 2022

Since a down payment is, as the term suggests, the amount of money you’re putting down on the purchase of your home, your mortgage lender will need to see proof of these funds fairly early on in the approval process. But that doesn’t mean the money will leave your account just yet. So the down payment is due at closing?

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Earnest money deposit VA loan Purchase and sale agreement FHA loan 91

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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Purchase and sale agreement Due diligence Earnest money deposit Inspection 90