Remove Earnest money deposit Remove Finance Remove Inspection Remove Pre-qualification
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The Four Most Common Reasons Home Buyers Back Out of Real Estate Transactions

CT Homes

Even when you have a signed contract you still need the inspection, appraisal, insurance and closing to go off without a hitch. Financing Issues. There is a huge difference between a pre-qualification and a pre-approval. Overwhelming Home Inspections. A handful of buyers back out of deals every day.

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The Four Most Common Reasons Home Buyers Back Out of Real Estate Transactions

CT Homes

Even when you have a signed contract you still need the inspection, appraisal, insurance and closing to go off without a hitch. Financing Issues. There is a huge difference between a pre-qualification and a pre-approval. Overwhelming Home Inspections. A handful of buyers back out of deals every day.

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article thumbnail

The Four Most Common Reasons Home Buyers Back Out of Real Estate Transactions

CT Homes

Even when you have a signed contract you still need the inspection, appraisal, insurance and closing to go off without a hitch. Financing Issues. There is a huge difference between a pre-qualification and a pre-approval. Overwhelming Home Inspections. A handful of buyers back out of deals every day.

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Handle Escalation Clauses With Care: 5 Tips for Sellers Negotiating Multiple Offers

HomeLight

Non-refundable earnest money: Roberts says making a portion of the earnest money deposit non-refundable makes it harder for the buyer to walk away if their offer is accepted. “It shows that they’re a little more serious than maybe someone who says, ‘well, I want to get through inspections first.'”

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Tips to be a Successful Buyer During Season

Dwell Real Estate

January - April are the busiest months of the year for a Realtor and their schedules tend to fill fast between showings, inspections, closings and assisting other clients. When an offer is submitted, seller's prefer to see proof of funds and/or a pre-qualification letter to be sure they are dealing with a qualified buyer.

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17 Home Closing Delays and How You Can Avoid Them

HomeLight

Out of the delayed contracts, the most common causes were financing issues (37%), followed by appraisal issues (18%) and inspection issues (16%). For most buyers, financing a home through a bank or lender with a mortgage loan is necessary to purchase the property. So the answer to “how long does it take to close on a house?”

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How to Buy a House in the Bay Area: 14 Steps to Close the Sale

HomeLight

Consider factors such as how long you plan to be in the area, if you have steady employment, and if you have enough money saved for not just the down payment, but for closing costs , maintenance, property taxes, and more. During this time, review your credit score and determine if it’s considered excellent, good, fair, or poor.

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