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Under Contract vs. Pending Sale in Real Estate Transactions

Realty Biz

Financing contingency: This contingency allows the buyer to back out of the sale if they are unable to get financing. Seller's disclosure contingency: This contingency allows the buyer to back out of the sale if the seller fails to disclose any known defects with the property.

Sales 86
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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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How to Spot Serious Foundation Trouble

Hank Miller Team

Buyers were/are so stressed to secure a home that some toss caution to the wind; overpaying, waiving finance contingencies, inspection contingencies and more. Don't rely on seller disclosures and if inspections are waived, buyers likely have little recourse as a lawsuit can be very hard to win in a "buyer beware" state like Georgia.

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The Ultimate Guide to Buying a House in Texas

Redfin

Get your finances together Getting your finances in order before purchasing a home in Texas is crucial to ensure a smooth and successful homebuying experience. By getting your finances together, you can set yourself up for success and make your dream of homeownership in Texas a reality. Is buying property in Texas worth it?

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6 Tips for Taking the Flood Insurance Risk Out of Home Closings

RIS Media

– The cost of flood insurance, if not factored into the financing equation in the early stages of a home search, can make the purchase of a home challenging and many times unattainable. Disclosure: Some states require a seller disclosure that includes information about past flood damage; however, many do not.

Closing 105
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6 Tips for Taking the Flood Insurance Risk Out of Home Closings

RIS Media

– The cost of flood insurance, if not factored into the financing equation in the early stages of a home search, can make the purchase of a home challenging and many times unattainable. Disclosure: Some states require a seller disclosure that includes information about past flood damage; however, many do not.

Closing 85
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Listing Appointment Checklist – 13 Steps To Win Every Listing

Kyle Handy

You don’t have to be a finance major to make it happen. Also, I believe it feels more substantial to a seller versus e-signatures. I’ll also have the seller fill out the seller disclosure while I’m at their home taking measurements and gathering other information I’ll need to complete the MLS listing.