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16 Tips to Win a Bidding War on a House

The Close

Offer a Sizeable Down Payment Make a big impression by offering a large earnest money deposit (EMD) to hold the contract. That’s not including the luxury market—the median sold price in my area in Florida is around $300,000. Offer Rent Back The possession date is often a point of negotiation in any sale.

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

HomeLight

But getting to live in such a cultural epicenter means getting ahead of an exceptionally competitive real estate market. We interviewed real estate experts with decades of experience to help you win a bid on your own home in Manhattan’s hyper-competitive, fast-paced market. Inspections & attorneys. Flood zones in the city?

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Everything You Need to Know About Making an Offer: 15 Tips for Homebuyers

HomeLight

Even a pandemic failed to slow down the 2020 real estate market. Yes, writing a high offer will incentivize the seller, but money isn’t the only factor! To help you set yourself up for success, read our primer with expert-backed tips for deciding on and presenting the strongest possible offer. Hire the right agent.

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How to Buy a House in San Diego: 14 Steps to Close the Sale

HomeLight

Henderson says that while connecting with a reputable agent who knows the San Diego market is important, one thing potential buyers should be sure to do is to align themselves with a great lender. The San Diego real estate market tends to follow seasonal trends, with prices rising after the holidays and into the summer.

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I Have to Make an Offer Contingent Upon Selling My House. How Do I Sweeten the Deal?

HomeLight

Christina Roberto , an agent in Georgetown, Texas, who works with 78% more single-family homes than the average agent in her area, has had offers with sales contingencies accepted even in a hot seller’s market. In a hot market, sellers might be seeing offers without any contingencies, which makes a sales contingency a tough sell.

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Closing on a House Checklist: 6 Things Home Buyers Must Do Before They Move In

Realtor.com

These are the most common contingencies that are part of your new home closing process: Home inspection contingency: This gives buyers the right to have the home professionally inspected. If something is wrong, you can request that it be fixed—or you can back out of the sale. Your home inspection reports.

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What Is a Home Sale Contingency?

HomeLight

Other common contingency clauses include: Inspection Contingency: If the buyer finds fault with the home inspection report, they can ask for the seller to make repairs, or they can cancel the contract within the contingency period. Their home may be on the market, but they do not have buyers. What is a kick-out clause?