Due diligence Inspection contingency Pre-approval Title search 
Point2Homes
DECEMBER 7, 2020
Getting Pre-Approved. It’s always advisable to get pre-approved for a mortgage in any home purchase so you can make sure that you can actually get the loan that you believe your income justifies. Moreover, applying for pre-approval will ensure that you’re not wasting your time looking at homes that are over your budget.
Realty Biz
NOVEMBER 11, 2020
The home could be subject to a few different types of contingency. Let’s have a look at the most common types of contingency you are likely to see. Home Inspection Contingency. The purchase of the property can be contingent on the home inspector’s report. The Mortgage Financing Contingency.
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HomeLight
OCTOBER 29, 2020
Contingencies can range from the relatively minor or otherwise workable — like requesting a $3,000 allowance to fix a plumbing issue that was revealed during inspection — to more serious stipulations, such as a buyer needing to sell their existing house before closing on the next. Negotiable contingencies. Home inspections.
HomeLight
MARCH 13, 2023
More certainty: With a pre-offer walk-through, a cash home buyer can generally provide a firm cash offer that comes with few contingencies, or no contingencies at all. You don’t need the added stress of waiting for the buyer’s mortgage approval or a home inspection turning up any unpleasant surprises.
HomeLight
MARCH 16, 2023
More certainty: With a pre-offer walk-through, a cash home buyer can typically provide a firm cash offer that comes with few contingencies, or no contingencies at all. Home-buying companies generally pick up the remainder of closing costs that total about 8% including title search and title insurance.
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