Realty Biz

NOVEMBER 11, 2020

Let’s take a closer look at the meaning of contingent , so you can see how it might affect a home you are looking to buy. If you are selling a home, there are also some ramifications you should know about as well. How your real estate agent markets your property when an offer has been accepted can have vital implications.

Backup offer 111

Backup offer Sales Home sale contingency Earnest money deposit 111

Windemere Buying

AUGUST 31, 2022

Making a Contingent Offer on a Home. After you and the seller agree on the price of a home, both parties have certain duties to finalize the transaction. Buyers are responsible for securing financing , having the home inspected, and getting the property appraised. Financing Contingency.

Home sale contingency 52

Home sale contingency Inspection contingency Title Pre-approval 52

Realty Biz

MARCH 14, 2021

residential real estate market has proved to be a real test for iBuying companies. The iBuying business model sees companies such as Opendoor and Zillow give people a way to sell their homes quickly. Homeonwers can request an instant offer on their home and then sell it to the iBuyer immediately if they decide to accept it.

Pre-approval 102

Pre-approval Home sale contingency Title Renovation 102

Realty Biz

JULY 1, 2023

Depending on how far along in the escrow process you are, this can be done in a variety of ways: Providing a deposit - If you have not yet made an offer on a home, consider providing an earnest money deposit as your first step. These may include appraisal contingencies, financing contingencies, or home sale contingencies.

Purchase and sale agreement 76

Purchase and sale agreement Earnest money deposit Title search Pre-approval 76

Realty Biz

MARCH 8, 2021

iBuying company Opendoor is responding to a slump in its business by helping customers who need to secure financing to buy a home make cash-backed offers that can improve the chances of their bid on a home being accepted. Opendoor will then buy the home itself, with cash, if the buyer’s financing request is rejected.

Home sale contingency 75

Home sale contingency Pre-approval Finance Loans 75

HomeLight

NOVEMBER 9, 2021

If you need to sell your home pronto, now is a great time. The recent housing market has been hot and competitive due to an extreme lack of inventory. For a seller in a hurry, the shortage of homes means you can anticipate fewer days on market (DOM). Just how fast can you sell your home? Condition of your home.

Purchase and sale agreement 87

Purchase and sale agreement Home sale contingency Title search Inspection 87

HomeLight

JULY 31, 2020

Out of the delayed contracts, the most common causes were financing issues (37%), followed by appraisal issues (18%) and inspection issues (16%). These are the top home closing delays that could affect if and when you close on your new home, and how to overcome them. Loan approval. is not a simple or finite one.

Closing 111

Closing Purchase and sale agreement Title search Earnest money deposit 111

Redfin

MARCH 3, 2022

Financing issues. Unless you’re submitting an all-cash offer, you’ll need to obtain financing to purchase your home. The home appraisal is lower than the sale price. A home appraisal provides the fair market value of a property and is typically required by your mortgage lender.

Closing 62

Closing Title search Purchase and sale agreement Title 62

HomeLight

JUNE 17, 2022

With some housing markets starting to cool off, pricing your home has to be just right. For this post, we’ve gathered expert advice and done extensive research about the various home pricing strategies. Let’s take a look at the three pricing options you’ll be considering when selling your home.

Inspection 106

Inspection Pre-approval Inspection contingency Renovation 106

HomeLight

JANUARY 3, 2023

Higher interest rates have been cooling the housing market nationwide, and real estate in Colorado is no exception. Inventory is starting to rise along with the average number of days on market as of September 2022. Year-over-year, monthly sales in the Phoenix metro area were down nearly 25%.

Purchase and sale agreement 100

Purchase and sale agreement Inspection MLS Inspection contingency 100

HomeLight

MARCH 31, 2022

The seller’s market continues to boom in Florida. Early 2022 data from Florida Realtors® indicates a 23% increase in median sales price and a 33.3% drop in median time on the market. Once you’ve seen what’s required, you can roll up your sleeves and get started with your FSBO sale in Florida. Get Estimate.

Purchase and sale agreement 92

Purchase and sale agreement Inspection Title MLS 92

Real Trends

FEBRUARY 27, 2023

The goal of the following strategies is to: -Find off-market homes for you to list. Find off-market homes for you to sell to your buyers so they no longer lose out to the competition. If you want to stop competing (and losing), you must find homes that they’re unlikely to compete on!

Marketing 94

Marketing MLS Pre-approval Home sale contingency 94

HomeLight

JUNE 23, 2022

However, if the buyer terminates the contract for any other reason not specified in these conditions, the seller is typically entitled to keep the earnest money as a concession for the time they took the home off the market to enter into the exclusive agreement. In competitive markets, this contingency is very unattractive to sellers.

Earnest money deposit 108

Earnest money deposit Purchase and sale agreement Due diligence Home sale contingency 108

HomeLight

DECEMBER 8, 2023

If you’re juggling the sale of your current Ohio home with the purchase of a new one, it might feel like walking a financial tightrope. This balancing act becomes even more challenging in a market where inventory is low, and prices are high. You can then make a strong offer on your next home with no home sale contingency.

Equity 97

Equity Loans Debt-to-income ratio Home sale contingency 97

HomeLight

JUNE 30, 2021

Even as an agent with over 400 homes under my belt and 11 years of experience, I would never buy in a market in which I’m not licensed without a real estate agent,” says Jessica Arledge , a top agent who works with over 76% more single-family homes than the average Savannah agent. Be careful with this one, though!

Purchase and sale agreement 83

Purchase and sale agreement Inspection contingency Home sale contingency Inspection 83

HomeLight

MARCH 21, 2022

While selling to a We Buy Houses company offers a number of conveniences, house-buying businesses typically pay less than market value for the homes they purchase, and sometimes significantly so. They are another legitimate option for selling your home in the markets where they make purchases. House flippers.

Closing costs 96

Closing costs Home sale contingency Investor Closing 96

HomeLight

MARCH 13, 2023

Perhaps your Metro West resort-style condo isn’t bringing in the revenue you expected as a vacation rental and you don’t want to invest more money to list it on the market. Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. Need to Sell Your House Fast in Orlando?

Sales 82

Sales Investor Due diligence Renovation 82

HomeLight

APRIL 21, 2022

To help you evaluate your first offer, we’ll walk you through key consideration points, how to weigh the strength of the offer, encourage you to assess your objectives, and how to factor in market conditions. You found your new home and want to avoid carrying two mortgages. Your house has been on the market three months or more.

Inspection contingency 107

Inspection contingency Home sale contingency Pre-approval Agents 107

HomeLight

NOVEMBER 21, 2022

In recent years, the hot South Carolina real estate market and a steep rise in equity added extra incentive to maximize profits. Impulsive home purchases also weren’t unheard of during the pandemic, so maybe you haven’t owned your South Carolina home very long and are concerned about covering the cost of selling your house.

Purchase and sale agreement 77

Purchase and sale agreement MLS Pre-approval Agents 77

HomeLight

APRIL 26, 2023

We’ll also provide a comprehensive overview of the full process to prep, market, and close on your home without the assistance of a real estate agent. If you don’t have the time or expertise to list your home FSBO, partner with a trusted, top agent in your Alabama market. less than agent-marketed sales.

MLS 69

MLS Agents Sales Proof of funds 69

HomeLight

APRIL 29, 2022

When you are ready to sell your home, the top online real estate companies can help meet all your immediate needs. As a seller, you will be able to find a top agent, market your home’s amenities, provide photos, and give valuable information about your property to a large audience of potential buyers.

Agents 90

Agents MLS Closing Home sale contingency 90