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Buyers are sweetening the deal by waiving contingencies

Realty Biz

markets waived the inspection contingency , compared to just 13.2% of successful offers also waived the appraisal contingency, up from 17.4% The inspection contingency allows the buyer to cancel a purchase or request repairs are made to the property following a home inspection. In addition, 20.6%

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What Does Removing the Loan Contingency Mean for Homebuyers?

HomeLight

It’s a step that could make your offer more attractive to sellers, but it’s not without ramifications and risks, and in some states, there are laws that dictate the process of removing a contingency. We’ll also share how, as an existing homeowner, you can make a stronger non-contingent offer to get the home you want.

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The Most Common Home Buying Real Estate Contingencies

Realty Biz

The home buying contingencies below should be completely understood before signing on the dotted line of a purchase and sale agreement. Home inspection: often called a due diligence contingency, will give the buyer rights to have the house inspected. Most buyers will have a home inspection contingency in their contract.

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Sell Your House Fast in Milwaukee With Tips From Local Real Estate Experts

HomeLight

Milwaukee’s lakefront lifestyle and robust job market has long attracted homebuyers looking to settle in. Today, the city’s hot seller’s market spells good news for homeowners looking to sell their house fast. Price your Milwaukee home at fair market value with help from a top real estate agent.

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Home, Sour Home: How Homebuyers Can Avoid a ‘Lemon’

HomeLight

But there are protections in place that are designed to prevent the sale of a “lemon” house equivalent. Inspections. Home inspections are the best way for a buyer to prevent getting a “lemon” house. Basic home inspections don’t cover everything , though. Attend the inspection. Follow up with additional inspections.

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Do the Due: A Complete Due Diligence Guide and Checklist for Homebuyers

HomeLight

Some people just focus on a home inspection and that’s not enough. Ask your real estate agent to help you gauge the current real estate market in your preferred area. Days on market: The speed at which houses are selling can be telling. Get an inspection. Review the CC&Rs. Legalities, dues, and assessments.

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How Real Estate Agents Can Help Home Buyers Navigate Emotional Decisions

McKissock

Want to up your social media marketing game? Download our free Social Media Toolkit to help you get the most out of your social media marketing campaigns. For instance, they might feel more settled about the property they buy if they attend the inspection and know that the home has good bones. Loop Them Into the Process.

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