Design Earnest money deposit Inspection Sales 
Realty Biz
FEBRUARY 20, 2021
Given they are significant legal terms in a purchase and sale, it is essential to have a strong working knowledge of how they work. The home buying contingencies below should be completely understood before signing on the dotted line of a purchase and sale agreement. This could involve losing part or all of your earnest money deposit.
Realty Biz
JULY 1, 2023
Depending on how far along in the escrow process you are, this can be done in a variety of ways: Providing a deposit - If you have not yet made an offer on a home, consider providing an earnest money deposit as your first step. These may include appraisal contingencies, financing contingencies, or home sale contingencies.
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HomeLight
OCTOBER 17, 2022
These legally-binding requirements are designed to enforce transparency in the dealings so as to avoid physical or financial harm to the parties involved. 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.
Redfin
JUNE 21, 2023
Learning from experienced investors can vastly build your understanding of how it works, beginning with market research and ending with either the sale or signing a tenant in your new rental. In May 2020, the median sales price was $234,000; as of May 2023, the median sales price equals $350,000 (nearly a 50% increase YOY).
HomeLight
JANUARY 3, 2023
Year-over-year, monthly sales in the Phoenix metro area were down nearly 25%. Often, the decision to go for sale by owner (or, “FSBO”) is motivated by a desire to save on agent commissions. Once you’ve seen what’s required, you can roll up your sleeves and get started with your FSBO sale in Colorado.
The Close
FEBRUARY 14, 2024
Home sale preparation is done like a dealership preps the cars for the lot. Preparing Your Home for Sale Myth #4: Your Home Should Reflect Your Personality Sellers, especially those who have lived in their home for decades, are attached. Plus, my clients nearly lost their earnest money deposit due to the delays.
Redfin
MARCH 2, 2023
An appraisal contingency is a clause in a real estate contract that allows the homebuyer to back out of the transaction or renegotiate the terms of the sale if the property appraisal comes in lower than the agreed-upon purchase price. Walk away from the sale altogether, as the contingency allows them to do so without penalty.
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