Redfin

MARCH 3, 2022

You’ll want to rethink purchasing that beautiful new couch and hold off on planning those backyard additions before the title has been cleared. Unless you’re submitting an all-cash offer, you’ll need to obtain financing to purchase your home. The home appraisal is lower than the sale price. How to remedy the situation.

Closing 63

Closing Title search Purchase and sale agreement Title 63

HomeLight

JUNE 23, 2022

In many cases, if a homebuyer wants to back out of a contract and retrieve their earnest money, they’ll be able to find a way to do so within the confines of the real estate purchase contract. The typical amount is around 1% of the purchase price (ex. $5k 5k for a $500K home). The short answer is yes, usually.

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Earnest money deposit Purchase and sale agreement Due diligence Home sale contingency 105

HomeLight

JANUARY 5, 2022

Find an Agent to Coordinate a Sale Among Friends. They help clients save money by representing both sides and a pre-arranged discount.”. Selling a house to a friend is an example of a non-arm’s length transaction, an arrangement that may lead the parties to make an agreement that diverges from typical market terms.

Pre-approval 103

Pre-approval Purchase and sale agreement Title search Title 103

HomeLight

OCTOBER 29, 2020

Because the stakes are high when it comes to property transactions, contingencies are written into the purchase agreement , and in most cases, action must be taken toward satisfying those contingencies within a certain time frame. In these cases, buyers make up the difference between the purchase price and the appraisal with cash.

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Purchase and sale agreement Pre-approval Earnest money deposit Inspection 78

HomeLight

DECEMBER 7, 2021

Source: (LinkedIn Sales Solutions / Unsplash). Usually, it’s the buyer, but the seller may schedule a pre-inspection before listing the home. The buyer’s agent will help the buyer understand the inspection report and decide whether to buy the house, ask for repairs, or cancel the purchase contract based on the inspection findings.

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Inspection Purchase and sale agreement Pre-approval Closing 85

HomeLight

MARCH 16, 2023

Do you need to connect with cash home buyers in Houston for a fast sale? Whatever your reason for needing a quick sale without making expensive repairs, Houston is teeming with cash home buyers ready to make you an offer no matter your home’s condition. Need to Sell Your House Fast in Houston? No showings, no repairs, no open houses.

Sales 64

Sales Purchase and sale agreement Earnest money deposit Investor 64

HomeLight

SEPTEMBER 13, 2022

This means the buyer and seller have a pre-existing relationship of some kind (i.e. If the IRS decides to audit the transaction, then you’ll have documentation to prove your home’s fair market value at the time of the sale. Sign a purchase agreement. Any items in the home the buyer would like included in the sale (i.e.

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Purchase and sale agreement Title Title search Finance 91