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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. 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.

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When Is a House Down Payment Due and How Much Do I Need?

HomeLight

If you back out of the sales agreement and your reason for doing so isn’t covered by contingency written into the contract, the seller can keep your earnest money. Larsen cautions that if you’re buying a new construction home, you will likely be expected to pay a much larger percentage of earnest money. The deal is done!

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Incite a Bidding War: How to Get Multiple Offers on Your Home in 2021

Redfin

But even in a seller’s market, where there are far more buyers than homes for sale, there is no guarantee your home will attract multiple offers. This is especially important if your home is older and going up against new construction in your neighborhood. Include an interactive virtual walkthrough in your listing .