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What to Do Before Offering on a Home

RIS Media

Allowing the seller to rent back for a specified amount of time. Now that you are able to make an offer on the house, make sure you perform some due diligence. Buyers are waiving a home inspection. Buyers are waiving their home appraisal or offering an appraisal gap guarantee. Talk to neighbors.

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What’s the Deal with Making a Cash Offer on a House?

HomeLight

If the seller has a longer timeline in mind, you could consider sweetening the deal by offering to throw in rent-back — where you allow the seller to continue living in the home for a specified period of time after closing. Due diligence is the time that a buyer has to investigate a property,” explains Bragg.

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Listing agents: Don’t ghost your sellers

Real Trends

If you have clients that are thinking about offering, keep in mind that the offers we have already received are well above list price, have waived inspection and appraisal, and are willing to honor the Seller’s request of a free 60-day rent-back.”

Agents 103
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Ways Home Buyers Can Get Their Offer Selected

Hank Miller Team

A rent back? These buyers are the successful ones, the majority take measured risks which they must to be successful. They determined the level of discomfort that they're willing to endure. Is it price? Contingencies? Closing date? It's likely they will have to give on something. What can be done or done better next time?

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Get Your Own Slice of the Big Apple: Buying a House in Manhattan

HomeLight

Hiring an attorney, which is a local convention in New York , eases the burden of buyer due diligence on an entire building’s amenities, including elevator updates and hot water service. Attorneys also help you understand the scope of future upkeep. A top agent will help you remain competitive even in a cash market.

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Why Hire a Real Estate Agent? 11 Reasons Why Buyers Should Work With A Pro

HomeLight

Guide you through the steps of due diligence and inspections. What if you could sweeten the deal for a seller by offering them a rent-back clause ? Provide advice on first-time buyer programs and recommend mortgage lenders. Help you identify possible opportunities for negotiation. And lots more!

Agents 98