RIS Media

MAY 19, 2021

Not all sales will have contingencies with them, but most will. Common real estate contingencies include the following: Inspection Contingencies. The most common contingency is the home inspection contingency. The home inspection can lead to some delays in the process, too, for around 10% of cases.

Purchase and sale agreement 98

Purchase and sale agreement Earnest money deposit Inspection contingency Home sale contingency 98

HomeLight

AUGUST 9, 2022

Otherwise, earnest money will be held in an escrow account until closing, and the amount is then applied toward your down payment at closing. 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.

Earnest money deposit 94

Earnest money deposit VA loan Purchase and sale agreement FHA loan 94

HomeLight

SEPTEMBER 1, 2022

As far as home styles go, new construction is trending toward a country style, says Raymer. 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.

Earnest money deposit 77

Earnest money deposit FHA loan Purchase and sale agreement Title 77