Realty Biz

SEPTEMBER 23, 2020

With buyers facing increased competition for what few properties are on the market, some are choosing to waive the home inspection. But while waiving the property inspection always used to be about making an offer more enticing and stand out in a bidding war, these days that’s not always the reason why buyers are offering it.

Inspection 114

Inspection Inspection contingency Commercial Residential 114

Realtor.com

SEPTEMBER 18, 2020

When we finally did go under contract on this third home, we learned of another issue: Home inspectors in the area were booked for two weeks and up, but our contract stated that we had only seven days to get an inspection done. We got lucky, but it left me wondering: Is it ever OK to waive a home inspection?

Inspection 145

Inspection Earnest money deposit Inspection contingency New Construction 145

HomeLight

MARCH 30, 2021

Some people just focus on a home inspection and that’s not enough. Future developments: Research any commercial land purchases or leases in the area and see how they fit in with your desires. If you live in a caveat emptor state, your due diligence may need to include more specialized inspections (see below). Get an inspection.

Due diligence 103

Due diligence Inspection Title Pre-approval 103

HomeLight

JANUARY 13, 2022

If a contingency isn’t met, then buyers can back out of a deal without any repercussions and they can get their earnest money back. Common contingencies include issues with appraisals, home inspections, or the buyer’s home sale. How is an active contingent listing different from a pending listing? Appraisal contingencies.

Backup offer 77

Backup offer Inspection contingency Purchase and sale agreement Home sale contingency 77

HomeLight

SEPTEMBER 15, 2021

Pre-listing inspection report. Contingency removal form (CA-specific). Home inspection report. A new contract can be signed without the old contract, and the new buyer will conduct new inspections and obtain a new title insurance policy.”. Give buyers time to conduct a lead inspection. Home inspection report.

Purchase and sale agreement 113

Purchase and sale agreement Inspection Title Pre-approval 113

HomeLight

JULY 31, 2022

It’s important to distinguish that appraisals are not intended to be a home inspection. While an appraisal is not in the same category as the more in-depth home inspection, different mortgage types (such as conventional loans or government-backed FHA , USDA, or VA loans ) have different minimum property standards. Bedroom windows.

Closing 98

Closing FHA loan Purchase and sale agreement Inspection 98

HomeLight

SEPTEMBER 29, 2021

A termite bond is a warranty with a termite company that functions like a maintenance contract; for a few hundred dollars, the company will regularly inspect and provide termite control for the duration of the contract (typically 1 to 3 years). Hire a pro to conduct a pre-listing inspection.

Inspection 71

Inspection Inspection contingency Agents Closing 71