Closing Inspection contingency Rent back Sales 
Keeping Current Matters
JUNE 21, 2021
According to the Realtors Confidence Index from the National Association of Realtors (NAR), the average home is on the market for just 17 days – that means from start to finish, a house for sale in today’s climate is active for roughly 2.5 Just remember, there are certain contingencies you don’t want to forego. Bottom Line.
Redfin
JULY 28, 2020
markets waived the inspection contingency, compared with just 13.2% Winning offers waived the appraisal contingency at a similar rate—20.6%—up The inspection contingency allows the buyer to cancel a purchase or request repairs if they find an issue during the inspection period. In June, 19.9% up from 17.4%
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HomeLight
MARCH 31, 2022
Cash offers or flexibility in choosing a closing date can also be attractive enticements to a seller. But one of the most influential bargaining tools is eliminating contingency clauses, especially the seller contingency clause, also known as the home sale contingency. What is a contingency clause?
Realty Biz
JULY 7, 2021
It’s the preapproval letter that tells the seller that you’re serious about buying their home and highly likely to close the deal. Minimal or no contingency clauses. Contingencies are specific conditions that must be met before the sale can be completed. Require a minimal home inspection.
The Close
FEBRUARY 6, 2024
Ensure Your Client Has Loan Pre-approval Many sellers are anxious to get to the closing table quickly, which drives many to cash buyers , even for a lower price. For example, many agents ask sellers to cover closing costs for their buyer clients. That could be a pretty sizable chunk of money from the seller’s profit.
HomeLight
APRIL 29, 2021
You’ll simply show the house to a few buyers, pick the best offer, wait for closing, and pocket some cash. The home sale process involves a long list of steps, and your execution of each impacts your final sale price. As with most things in life, preparation is the key to a successful home sale. Landscaping: 100 %.
Redfin
JULY 30, 2020
More than half of Redfin offers faced bidding wars last month as the number of homes for sale continued to shrink and mortgage rates dropped to a record low, making it all the more advantageous for house hunters to get their offers in ASAP—sometimes before seeing the home in person. . Yaaran said. They must have thought I was mad, but we won!
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