Remove Earnest money deposit Remove Inspection contingency Remove Marketing Remove New Construction
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Contingent vs. Pending: Real Estate Lingo Explained

RIS Media

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. Doing so could mean the forfeiture of their earnest money deposit.

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Should I Waive a Home Inspection? Why Buyers Are Willing To Right Now

Realtor.com

Even in the midsize town in northern Alabama where we wanted to buy, the real estate market was nuts. This was especially problematic given home purchase contracts typically require an inspection be done within a week of the contract being signed by both parties. But waiving a home inspection comes with sizable risks. .

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Your Guide to Buying a Home in the Sunshine State of Florida

HomeLight

Research the market and determine where you would like to buy. Do you want to live near family and friends, start over in a new city, live on the coast, or in a more rural area? As far as home styles go, new construction is trending toward a country style, says Raymer. Maria Raymer. Real Estate Agent.

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When Is a House Down Payment Due and How Much Do I Need?

HomeLight

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.