article thumbnail

4 signs a pending home sale will fall through

Real Trends

Home sale contingency. I’ve shared the situations that can trigger a home inspection contingency or appraisal contingency. You should also be aware of home sale contingency. With this contingency, the buyer’s home must be sold before they can close on their desired purchase. Interested but inexperienced.

Sales 60
article thumbnail

How to Buy a Home As-Is and Make Sure You’re Protected

HomeLight

An inspection can tell you upfront the exact issues with the house so you know what money you might have to spend down the line. It’s also wise to add an inspection contingency in your purchase contract , so if the inspection shows more repairs than you expected, you can walk away. Conduct a title search.

As-is 71
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Your Ultimate Guide to Buying a Home in Connecticut in 14 Steps

HomeLight

SmartMove Connecticut : Connecticut’s Housing Development Fund (HDF) SmartMove program allows first-time homebuyers the opportunity to purchase a home with as little as 1.0% Order a title search. down, by way of a low interest (3.0%) second mortgage for up to 25% of the home’s purchase price. Years of Experience. Transactions.

article thumbnail

How to Buy a House in the Bay Area: 14 Steps to Close the Sale

HomeLight

Hayward: Buyers looking to get in on a developing neighborhood with lower prices will find that Hayward fits the bill. While it is not always recommended to completely waive contingencies to impress a seller, you might consider pairing down to just the inspection contingency and financing contingency to remain competitive.

Closing 87
article thumbnail

How to Buy a House in San Diego: 14 Steps to Close the Sale

HomeLight

Department of Housing and Urban Development (HUD) website to find the FHA loan limit in the county where you’re shopping for a home. While it is not always recommended to completely waive contingencies to impress a seller, you might consider pairing down to just the inspection contingency and financing contingency to remain competitive.

Closing 93
article thumbnail

Find Cash Home Buyers in Orlando for a Fast, Simple Sale

HomeLight

As concrete foundations settle on sandy soil, houses may develop settlement cracks and other foundation issues. Home-buying companies generally pick up closing costs including title search and title insurance that usually range from 1.5% Both parties sign a contract and submit it to a title company.

Sales 80
article thumbnail

Find Cash Home Buyers in Houston for a Fast, Simple Sale

HomeLight

Home-buying companies generally pick up the remainder of closing costs that total about 8% including title search and title insurance. With a cash home buyer, there are usually no financing or inspection contingencies typically found in traditional real estate contracts.

Sales 66