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Under Contract vs. Pending Sale in Real Estate Transactions

Realty Biz

At this point, the property is typically removed from the market and is unavailable for other showings. Financing contingency: This contingency allows the buyer to back out of the sale if they are unable to get financing. For example, if the buyer is unable to get financing, the seller can back out of the sale.

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How to Spot Serious Foundation Trouble

Hank Miller Team

The frenzied real estate market of '20-'21 exacerbated the issues found in normal markets. Buyers were/are so stressed to secure a home that some toss caution to the wind; overpaying, waiving finance contingencies, inspection contingencies and more. Water and foundation issues are very common, some obvious and some not so much.

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8 Essential Steps to Navigating Escrow in Home Buying

Realty Biz

Additionally, the buyer should carefully review the seller's disclosures, which provide information about the property's history, known defects, and other relevant details. Step 5: Securing Home Financing One of the critical steps in the home-buying process is obtaining the necessary financing to purchase the property.

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The Ultimate Guide to Buying a House in Texas

Redfin

An overview of the Texas housing market The Texas housing market is rich in diversity, with plenty of options to suit different budgets and lifestyles. However, due to the recent hike in mortgage rates, the market has experienced a slight decline, with median sale prices dropping by 2.5% to $341,300 and competition slowing down.

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Listing Appointment Checklist – 13 Steps To Win Every Listing

Kyle Handy

Get As Many Details Over The Phone Before completing a thorough comparative market analysis (CMA), you must ensure you’ve asked as many questions up-front as possible. These answers also help you complete your comparative market analysis in the next step. You don’t have to be a finance major to make it happen.

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How to Buy a Home Without a Real Estate Agent

Redfin

Whether you’re looking into buying an investment property or are a first-time homebuyer , here are questions to ask when buying a house without a realtor as well as what to look out for when navigating the housing market on your own. Will sellers take you seriously if you don’t use an agent? Every seller is different.

Agents 73
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Working with Cash Home Buyers in Phoenix: A Seller’s Guide

HomeLight

Our guide provides an overview of the cash home buyers doing business in Phoenix, your responsibilities as the seller in the state of Arizona, and how to request a cash offer in the area from a Phoenix buyer. We’ll cover the following: Cash-buying landscape in Phoenix: Under $700k market attracts cash in Phoenix. 1 market for iBuyers.