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Should I Waive a Home Inspection? Why Buyers Are Willing To Right Now

Realtor.com

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?

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Understanding Why Under Contract Homes May Fall Apart

Realty Biz

During this stage, various contingencies, inspections, and other conditions may need to be met before the sale is finalized. Home Inspection Concerns Home inspections are crucial to the buying process. They could lose their earnest money deposit by not performing or asking for an extension.

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Contingent vs. Pending: Real Estate Lingo Explained

RIS Media

Common real estate contingencies include the following: Inspection Contingencies. The most common contingency is the home inspection contingency. If the home inspection finds severe problems, or the seller doesn’t agree to repair or provide credits, the buyer can walk away. Financing or Mortgage Contingencies.

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What Must Be Disclosed When Selling a House in Georgia?

HomeLight

Georgia home sellers are obligated to inform buyers of any known material defects in the home’s condition that would not be found by a buyer upon reasonable inspection. Once an offer on a home is accepted, the buyer is usually given a specified number of days to inspect the property. What doesn’t need to be disclosed in Georgia?

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How to Guide Millennial Buyers in the Current Market

RIS Media

“We were looking at increasing earnest money deposits, and that was rough because a lot of them are first-time buyers, so they are just starting.” Based on recent reports, Phoenix recorded a 32.4% increase in prices in July from the year before.

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Real Estate Investing for Beginners: Expert Tips for Buying Your First Investment Property

Redfin

Never buy a property without having an inspection A home inspection is pivotal in identifying potential flaws within a property. Home inspections can also help determine an investor’s renovation budget and help alleviate newfound stressors throughout the rehab process.

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Understanding What Escrow is and How it Works

Redfin

It also benefits the seller in case the buyer pulls out of the deal without a contractual basis to do so, in which case the seller would get to keep the earnest money deposit. . They hold the title and money until all conditions of the sale are met. How does escrow work during the home buying process?