Finance Inspection Inspection contingency Proof of funds 
Housing Wire
DECEMBER 8, 2023
Educate your clients about financing While many homebuyers can benefit from a 30-year, fixed-rate conventional mortgage , other borrowers might need access to other loan programs with more lenient guidelines. With a changing market, home inspections are now becoming a secondary point of negotiation. Be the leader in the transaction.
HomeLight
OCTOBER 30, 2020
Selling a house “as is” without inspection is the definition of driving a hard bargain. As for whether you can sell a house as is without inspection — the answer is yes, it’s possible and does happen. Why ‘as is’ doesn’t always mean no inspection. However, a buyer could still include an inspection contingency in the contract.
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HomeLight
SEPTEMBER 9, 2020
That’s because “a buyer purchasing a home with a mortgage loan could still lose their financing, even with a solid preapproval letter. Once you’ve figured out where the money is coming from, it will be easier to take the next step: getting proof that you have the cash. Obtain proof of funds from the bank. Find your house.
HomeLight
JUNE 29, 2021
Before accepting an offer, check for the following contingencies, and determine whether you find the contingencies acceptable or wish to negotiate them out of the deal. Financing contingency. Financing issues can cause closing delays up to three weeks — or worse, kill the deal entirely. Appraisal contingency.
HomeLight
JULY 31, 2020
This is important: if your real estate agent puts in an all-cash offer on your behalf, they will not include a financing contingency. The seller makes decisions based on the terms of your offer, including contingencies. So in many cases, making an all-cash offer means you won’t even attempt to obtain financing at all. (No
Point2Homes
SEPTEMBER 30, 2021
Real estate transactions often feature contingency clauses that allow both parties to back out of the sale under the circumstances stipulated in the contract. One common type you’ll encounter is a sale and settlement contingency. It’s used by buyers who already have a home they’re looking to sell to finance buying another one.
HomeLight
OCTOBER 20, 2022
Pre-inspection. Getting a pre-listing inspection can facilitate a quicker sale because it eliminates surprises – and gives the seller time to fix major flaws. Home inspection report. To ward off home-inspection pitfalls , check off any necessary home repairs. Decide if you can comply with a buyer’s contingencies.
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