Closing Loans Purchase and sale agreement Rent back 
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. Why would you want a home sale contingency?
Realty Biz
MAY 1, 2022
To make an informed decision, it’s important to understand the following: 1) What is the inventory of houses for sale? When trying to compete with cash offers, getting a bank letter at your maximum loan amount is helpful. One of the bigger stumbling blocks in any home purchase is the home inspection. Is it risky?
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HomeLight
AUGUST 4, 2022
You have options, such as a rent-back agreement, aka, a lease-back deal, that would allow you to stay in the home you just sold a bit longer to give you time to find a new place, to wait for the next home to be built , or to let your children finish the school year. What is a rent-back agreement?
Windemere Selling
SEPTEMBER 1, 2021
Above all, the balancing act required to pull off both deals highlights the importance of working closely with a trusted and experienced real estate agent. Sellers may also negotiate a rent-back agreement with the buyers, allowing them to rent the house from the new owners before they move in.
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. Garage door: 94%.
Redfin
MAY 7, 2021
In a seller’s market, you may be tempted to put an offer on a home that’s contingent on the sale of your current home. Another option to consider is gap financing such as a Home Equity Line of Credit (HELOC) or a Bridge Loan. HELOC loans allow you to borrow against your home, giving you access to money based on your home’s value.
Redfin
JULY 28, 2020
Waiving these contingencies is a common strategy homebuyers use to make their offers more competitive by assuring the seller that the deal will close without unforeseen hiccups and negotiations. The inspection contingency allows the buyer to cancel a purchase or request repairs if they find an issue during the inspection period.
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