Remove Earnest money deposit Remove Inspection Remove Rent back
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9 Smart Tips for Making an Offer on a House That Stands Out

Redfin

In addition to getting pre-approved, having cash reserves prepared for your earnest money deposit and other closing expenses is also one of the top tips for making an offer on a house. In the average market, a typical earnest money deposit is 1-3% of the home’s purchase price.

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Best and Final Offer (BAFO): What It Means For Buyers and Sellers

Redfin

Earnest money deposit: A higher deposit signals serious intent and financial stability. inspection, financing) make your offer more appealing. Inspection terms: Flexibility or waiving the inspection entirely can reduce friction—but know the risks. Contingencies : Fewer or shorter contingencies (e.g.

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How Long Does a Seller Have to Respond to an Offer?

Redfin

Fewer contingencies: Too many contingencies (inspection, appraisal, financing) can make a deal feel risky. Strong earnest money deposit: A higher deposit signals you’re serious and financially committed; giving sellers more peace of mind. Simpler, cleaner offers usually win.

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

HomeLight

Your offer will be stronger if you build in some wiggle room relating to factors that might seriously entice the seller to pick you: Can you offer rent-back? Determine how much earnest money to offer. The customary amount to put down as an earnest money deposit will vary based on your market.

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

HomeLight

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. Do they need to do a rent-back on the house, or do they want a quick close?

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

HomeLight

If your current house doesn’t sell, or the settlement doesn’t happen, as the buyer, you can walk away from your new purchase with your earnest money. There are lots of other kinds of contingencies — inspection contingencies, appraisal contingencies — but the sales contingency can be especially tricky. Ask for a rent-back clause.