Remove Earnest money deposit Remove Inspection Remove Rent back Remove Title
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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. Clear the title. Your home inspection reports.

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

HomeLight

Your buyer’s agent will be able to help you create a wishlist , set up viewing appointments for you, tell you more about what’s going on in the neighborhood, negotiate on your behalf, and connect you with other vendors such as a title company, insurance agent, and home inspector. What is their timeline and what will make our offer stand out?”

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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 could be a pretty sizable chunk of money from the seller’s profit. Additional concessions could be: Paying for title: This typically ranges from 1% to 2% of the home’s purchase price.

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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. Offer a larger earnest money deposit. Money talks! Offer over asking price.

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Big-City Convenience with Small-Town Charm: How to Buy a House in Arlington

HomeLight

Arlington offers an active lifestyle with more than 150 public parks and playgrounds and 80 miles of trails, earning the title of America’s Fittest City. Rent a bike from Capital Bikeshare to explore the metro D.C. A home inspection can help buyers get a good grasp of the home’s condition. Offer a rent-back clause to the seller.