HomeLight

MARCH 13, 2023

As concrete foundations settle on sandy soil, houses may develop settlement cracks and other foundation issues. You don’t need the added stress of waiting for the buyer’s mortgage approval or a home inspection turning up any unpleasant surprises. The buyer does due diligence during the option period in Florida.

Sales 89

Sales Investor Due diligence Renovation 89

HomeLight

MARCH 13, 2023

The buyer does due diligence during the agreed-upon option period in Texas (the number of days the buyer has to thoroughly inspect the property and terminate the contract for any reason: typically one to 10 days). Instead, however, he advises sellers to validate cash buyers for proof of funds.

Sales 78

Sales Investor House Flipping Pre-approval 78

HomeLight

MARCH 16, 2023

He adds that negotiations and home inspection issues could further reduce the price by 10%. You don’t need the added stress that comes with the risk of the buyer’s financing falling through or a home inspection turning up unpleasant surprises. The buyer does due diligence during the option period in Texas.

Sales 73

Sales Purchase and sale agreement Earnest money deposit Investor 73

The Close

DECEMBER 29, 2022

A contingency might be the buyer selling their current house, requiring certain repairs to be made, or obtaining a clean termite inspection. Don’t you love it when the co-borrower is the client’s dad who comes along on the inspection and is suddenly an expert on chimney engineering? Cost of funds index (COFI). Home inspection.

Purchase and sale agreement 98

Purchase and sale agreement Title Proof of funds Pre-approval 98