Housing Wire
DECEMBER 8, 2023
Should they consider new construction? Ensure a smooth closing process Work with all parties to get final removal of any financing and inspection contingencies, help your buyers navigate the pre-closing walk-through and help them review the closing documents. Should they buy first or sell first?
Housing Wire
MARCH 22, 2021
And waiving the financing contingency is the second-most effective bidding-war strategy, Redfin officials said – improving homebuyers’ odds of winning by 66%. This, in turn, significantly cut the number of new builds in the country – meaning, if someone was looking to buy a home, they most likely focused on existing lots.
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HomeLight
OCTOBER 30, 2020
The “as is” label signals that as the seller, you aren’t willing to negotiate on price no matter what comes up in the inspection. However, a buyer could still include an inspection contingency in the contract. Additionally, waiving the inspection contingency makes for a more compelling offer to most sellers.
Realty Biz
DECEMBER 31, 2020
Even if significant new construction begins in the next couple of months (unlikely), it won’t create an increase in inventory until at least late 2021. Not common, but what some buyers are beginning to do is waive appraisal and inspection contingencies to make their offers more attractive to home sellers. According to the U.S.
RIS Media
MAY 19, 2021
Not all sales will have contingencies with them, but most will. Common real estate contingencies include the following: Inspection Contingencies. The most common contingency is the home inspection contingency. Sometimes these “Coming Soon” statuses are limited in the MLS to a few weeks.
Hank Miller Team
DECEMBER 1, 2021
Buyers were/are so stressed to secure a home that some toss caution to the wind; overpaying, waiving finance contingencies, inspection contingencies and more. The frenzied real estate market of '20-'21 exacerbated the issues found in normal markets.
HomeLight
MAY 28, 2021
Issues beneath the flooring or behind the drywall won’t be uncovered by a regular inspection, but inspectors will alert buyers of any questionable, tell-tale signs that may need to be further investigated by a specialist. Many new construction homes come with a home warranty from the builder. This isn’t recommended.
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