Remove Closing Remove Earnest money deposit Remove Rent back
article thumbnail

9 Smart Tips for Making an Offer on a House That Stands Out

Redfin

Whether you’re a first-time buyer looking for a home in Birmingham, AL or a seasoned investor on the hunt for houses in Miami, FL , these 9 expert tips for making an offer on a house will help you stand out and improve your chances of closing the deal. Why pre-approval matters: It gives sellers confidence in your ability to close.

article thumbnail

Best and Final Offer (BAFO): What It Means For Buyers and Sellers

Redfin

. >>Read: 5 Ways to Win a Real Estate Bidding War without the Highest Bid How does it differ from other offers Unlike an initial offer, which may leave room for negotiation, a best and final offer is meant to reflect the maximum price and best terms you’re willing to offer—including contingencies, closing timeline , and financing details.

Insiders

Sign Up for our Newsletter

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

article thumbnail

How Long Does a Seller Have to Respond to an Offer?

Redfin

Here’s what sellers are often looking for: A quick closing timeline: Sellers who need to move fast prefer buyers who can close in 30 days or less. Strong earnest money deposit: A higher deposit signals you’re serious and financially committed; giving sellers more peace of mind.

article thumbnail

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. If something is wrong, you can request that it be fixed—or you can back out of the sale.

article thumbnail

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.

article thumbnail

Everything You Need to Know About Making an Offer: 15 Tips for Homebuyers

HomeLight

That means buyers who want to close a deal need to come prepared with their A-game when it comes to making an offer. Yes, writing a high offer will incentivize the seller, but money isn’t the only factor! Determine how much earnest money to offer. In highly competitive markets, deposits as high as 10% could be offered.

article thumbnail

I Have to Make an Offer Contingent Upon Selling My House. How Do I Sweeten the Deal?

HomeLight

When you closed on your first home, you probably weren’t thinking that one day you’d want to sell. Getting the timing right — selling your old house, closing on a new house, and then moving into your new house — can be a challenge. They’re waiting for the sale of your house to close before they know for sure that their home will sell.