Remove Closing Remove Inspection Remove Pre-approval Remove Seller concession
article thumbnail

How to Avoid a Delayed Closing: 7 Common Roadblocks to Be Aware of

Redfin

Once your offer has been accepted, the excitement kicks in, and the countdown to closing begins. But before you can get your keys, you’ll want to be cautious of any roadblocks or setbacks that could cause a delayed closing and postpone your move-in date. So how can you avoid a delayed closing? What does delayed closing mean?

Closing 62
article thumbnail

16 Tips to Win a Bidding War on a House

The Close

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. Also, understand the difference between a prequalifying and a pre-approval letter. That way, you can give them the time to move stress-free.

Insiders

Sign Up for our Newsletter

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

article thumbnail

What Happens After Making an Offer on a House?

Windemere Buying

Sellers will typically request alterations like a higher price, a modification to your contingencies , or an adjustment of closing dates. Prepare for counteroffers ahead of time with your agent by discussing your price limit , how much you’re willing to budge on your contingencies, your flexibility around closing dates, etc.

article thumbnail

Buyer’s Market vs Seller’s Market: What’s the Difference?

The Close

This means you’ve got a pre-approval in hand and that you understand the importance of being flexible. Guidance for Sellers in a Buyer’s Market For those sellers in a buyer’s market, you must be strategic about selling your home. There may be disadvantages, like limited inspection objections and cash offer competition.

article thumbnail

Vital Steps to Take When Purchasing Your First Home

Realty Biz

Take a close look at your income, expenses, and existing debts. This documentation will be necessary when applying for a mortgage pre-approval. It's advisable to reach out to multiple lenders and obtain pre-approval. Navigating the home inspection and negotiation process is a critical step in buying a house.

article thumbnail

How to Sell a House With a Realtor®, From Home Prep to Closing Day

HomeLight

Your Realtor® will be able to help explain different non-monetary contract terms that might help sweeten a deal, including: A closing date that aligns with your timeline. Few (or zero) repair requests, contingencies , or seller concessions. The buyer’s financial health (mortgage pre-approval, down payment size, etc.).

Closing 92
article thumbnail

What to Know About Selling Your Home in Houston, Texas

HomeLight

Manderscheid, who sells properties more than 56% quicker than the average agent in the Houston market, knows how to close the deal efficiently. Pre-listing inspection, if desired or needed: $279 to $400. Possible seller concessions in Houston. Covering certain closing costs: $26,000-$27,625. Selling expense.