Housing Wire

DECEMBER 8, 2023

In today’s market, having a preapproval, at the minimum, is a must. Should they consider new construction? Guide them through escrow Once you’ve won the offer, help your clients through the contingencies, inspections, the appraisal process and the final walk-through. Should they buy first or sell first?

Proof of funds 394

Proof of funds Inspection contingency Inspection MLS 394

Realtor.com

SEPTEMBER 18, 2020

Even in the midsize town in northern Alabama where we wanted to buy, the real estate market was nuts. This was especially problematic given home purchase contracts typically require an inspection be done within a week of the contract being signed by both parties. But waiving a home inspection comes with sizable risks. .

Inspection 145

Inspection Earnest money deposit Inspection contingency New Construction 145

Realty Biz

DECEMBER 31, 2020

Question from Bethanny in WA: Hello Brian, the 2020 housing market has been afflicted with low inventory, rising home prices, endless bidding wars, and of course the coronavirus. The biggest variable will probably be employment levels that will determine the number of buyers chasing the limited number of homes on the market.

Inspection contingency 112

Inspection contingency Inspection Closing Loans 112

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.

Purchase and sale agreement 98

Purchase and sale agreement Earnest money deposit Inspection contingency Home sale contingency 98

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.

Inspection contingency 78

Inspection contingency Inspection Seller disclosure Due diligence 78

Redfin

MARCH 30, 2021

Before you decide on what kind of rate lock will meet your needs, talk to your lender or agent about what closing times look like in your housing market. Taking a new job—even with a higher salary—could trigger more underwriting review and delay your closing. Schedule a home inspection and negotiate concessions for any issues.

Closing 75

Closing Purchase and sale agreement Title Inspection 75

HomeLight

JULY 6, 2023

When your home first hits the market, your listing agent will note that it’s “Active,” as in ready and available for showings — but there’s a lot of ground to cover before your agent lists the status as “Closed,” when you have a done deal and you’re ready to hand over the keys. Learn More Contingent or pending, you’re under contract!

MLS 90

MLS Backup offer Inspection contingency Purchase and sale agreement 90