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?
Realtor.com
SEPTEMBER 18, 2020
” Why people are waiving home inspections during the COVID-19 era. Offers that waive a home inspection contingency can be more attractive to home sellers since there’s less likelihood that the buyers will find some expensive problem that they’ll demand is fixed before they move forward. What about condos?
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Realty Biz
DECEMBER 31, 2020
This can be expected to continue until substantially more new houses are built. Census Bureau, new building permits for October and November are only up marginally from earlier this year and 2019. You should think long and hard before waving the inspection contingency. 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.
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.
Redfin
MARCH 30, 2021
Schedule a home inspection and negotiate concessions for any issues. Ideally, your purchase agreement included an inspection contingency. In a seller’s market, buyers may waive this to be more competitive, even if an inspection is in their best interests. Average time: 7-14 days.
HomeLight
JULY 6, 2023
So what are the contract stipulations that put a listing into that “Contingent” stage, and how common is it for a property to hang in closing limbo? Here are 5 common contingencies in real estate contracts: Inspection contingency A buyer and their lender understandably want a home inspection to make sure they’re not investing in a lemon.
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