Rochester Real Estate

NOVEMBER 5, 2015

The Essentials of Home Deposits When you make an offer on a house , you want the seller to take their property off the market. This isn’t without risk for the seller, and to show you are serious about the purchase, a good faith house deposit is required. The answer depends on who didn’t follow the contract properly.

Earnest money deposit 52

Earnest money deposit Purchase and sale agreement Inspection contingency Inspection 52

Realty Biz

DECEMBER 5, 2022

How to Negotiate Problems Found at a House Inspection. What Will Happen After a Home Inspection? The home inspection contingency in a real estate contract allows the buyer to back out of the sale when there are issues. The buyer can have their earnest money deposit returned when this happens.

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Inspection Earnest money deposit Purchase and sale agreement Inspection contingency 138

HomeLight

OCTOBER 30, 2020

With cash, buyers are able to waive common contingencies, making the deal smoother and faster (not to mention sweeter for the seller). However, an inspection contingency will often be used by any buyer, whether they’re using financing or paying cash.

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Closing Inspection contingency Title search Purchase and sale agreement 116

Rochester Real Estate

NOVEMBER 5, 2015

If your offer is accepted, you will sign a purchase agreement and pay an earnest money deposit. Home Inspection The home inspection will show if this is a property you want to buy. If major issues are highlighted in the inspection report, you can negotiate with the seller over repairs, or they could credit you.

Purchase and sale agreement 52

Purchase and sale agreement Earnest money deposit Pre-approval Debt-to-income ratio 52

HomeLight

JULY 31, 2021

Here’s a little background on what cash buyers tend to prioritize and look for when they make an offer, according to experts in the real estate and investing industry we spoke with directly. Earnest money deposit. Inspection period. Check to make sure the purchase contract contains no surprise contingencies.

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Earnest money deposit Inspection Inspection contingency Title 98

HomeLight

JANUARY 27, 2021

A great agent also has relationships across the industry. Definitely include an inspection contingency. When you buy a home, you’ll typically want to have it inspected first. Most home offers include an inspection contingency, which basically says you can pull out of the deal if something major comes up in the inspection.

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Closing costs Inspection Loans Earnest money deposit 119

HomeLight

JANUARY 3, 2023

Buyers may ask for the offer to be contingent on other factors, such as the sale of their existing home or their ability to obtain financing. Earnest money. The earnest money deposit is typically a small amount of money that goes into an escrow account to show that the buyer is serious. Closing date.

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Purchase and sale agreement Inspection Inspection contingency Title 115