HomeLight

MARCH 20, 2023

That means a large majority of homebuyers must consider the sale of their current home prior to buying a new one. Most often, this type of scenario calls for a home sale contingency. Find a Buyer's Agent What is a home sale contingency? Thus, the purchase agreement is “contingent” on the sale of the buyer’s existing home.

Home sale contingency 93

Home sale contingency Purchase and sale agreement Sales Earnest money deposit 93

Realtor.com

OCTOBER 29, 2020

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.

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Closing Earnest money deposit Inspection contingency Purchase and sale agreement 139

HomeLight

FEBRUARY 4, 2022

If you haven’t purchased a home before, you probably have lots of questions about the process. Source: (LinkedIn Sales Solutions / Unsplash). Work with you to write a compelling purchase offer. Guide you through the steps of due diligence and inspections. An agent is your advocate. And lots more! Is the price right?

Agents 96

Agents Purchase and sale agreement Due diligence Inspection 96

HomeLight

OCTOBER 1, 2020

If the appraiser only looked at sold listings while there are pending sales that might be more comparable to your would-be property, that’s something else that can affect a home’s appraised value. Short sales in the neighborhood . In some cases, short sales may be to blame for a low appraisal. Be prepared to walk away.

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Purchase and sale agreement Short sale Rent back Sales 88

HomeLight

JANUARY 28, 2022

We buy houses” companies are flippers who purchase properties “as is” for cash and renovate them, generating a profit at resale. We buy houses” operations are cash buyers or house buying companies that purchase homes directly from homeowners. Need a quick sale? But no one wants to be taken advantage of, conned, or ripped off. “We

Purchase and sale agreement 108

Purchase and sale agreement Investor Agents Sales 108

HomeLight

MARCH 28, 2022

Simple Sale provides cash offers for homes nationwide for when a traditional listing doesn’t work. Close in as little as 10 days. If you purchased the home recently, such as a year or two ago, it’s possible you haven’t built up much equity yet. No staging, no repeated showings, no agent commissions. What’s your home worth?

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Purchase and sale agreement Equity Agents Staging 114

HomeLight

SEPTEMBER 11, 2020

That means buyers who want to close a deal need to come prepared with their A-game when it comes to making an offer. The seller will either accept your offer (in which case it becomes your purchase agreement ), or will counter your offer (you can accept or counter again), or the seller could also flatly decline.

Earnest money deposit 84

Earnest money deposit Purchase and sale agreement Inspection contingency Home sale contingency 84

HomeLight

MAY 24, 2021

Home sales have skyrocketed, and home inventory is historically low. Ask your agent specifically about list-to-sales-price for those comps — how much the house was listed for and how much it actually sold for in the end. Remember, if you’re financing the purchase, you might not be able to eliminate some contingencies.

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Pre-qualification Pre-approval Purchase and sale agreement Loans 106

Realty Biz

MAY 16, 2022

With so few homes for sale, buyers are fighting over each property that hits the market. Waive Your Home Inspection. Waiving a home inspection is somewhat of a gamble but the odds you’re buying a home with some catastrophic problem is low. Doing so is a lot riskier than waiving a home inspection.

Earnest money deposit 95

Earnest money deposit Purchase and sale agreement Rent back Inspection 95