HomeLight

JUNE 9, 2023

Most real estate contracts — or roughly 80% — contain contingencies , according to data from the National Association of Realtors (NAR). As of 2023, 79% of contracts included an inspection contingency while 82% contained an appraisal contingency. What are the most common contingencies?

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Home sale contingency Inspection contingency Purchase and sale agreement Inspection 141

HomeLight

MARCH 31, 2022

For example, waterfront homes may garner a price increase of up to 250% when compared to similar inland homes. And a booming rental market means that tourist locations and vacation-like amenities need to be priced right to attract investors. As a starting point, look at several online estimators for your home’s value.

Purchase and sale agreement 90

Purchase and sale agreement Inspection Title MLS 90

HomeLight

JANUARY 3, 2023

Buyers may ask for the offer to be contingent on other factors, such as the sale of their existing home or their ability to obtain financing. If you’ve agreed to make repairs based on the inspection, you’ll probably need to provide receipts to prove that the repairs have been completed. Who is buying homes in Colorado?

Purchase and sale agreement 98

Purchase and sale agreement Inspection MLS Inspection contingency 98

HomeLight

MARCH 31, 2022

Buyers may ask for the offer to be contingent on other factors, such as the sale of their existing home or their ability to obtain financing. Investors who want to capitalize on Arizona’s high rate of appreciation (particularly in the Phoenix area). Option 1: Request a cash offer for your home. Closing date.

Purchase and sale agreement 89

Purchase and sale agreement Inspection MLS Inspection contingency 89

HomeLight

JUNE 17, 2022

Sometimes, the way you price a remodeled home can ultimately get you more than you had in mind originally. As this example from Elmer Morales , a top-selling agent in southern California with 21 years of experience demonstrates: “I had an investor, he had bought the property and fixed it up.

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Inspection Pre-approval Inspection contingency Renovation 105

HomeLight

OCTOBER 30, 2020

A cash deal can close in as little as 7 days, while financed home purchases tend to take an average of 45 days to close. And if you add a home sale contingency into the mix (that is, if you need to sell your current home before you can buy a new one), closing the deal can take even longer. Because it’s fast.

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Closing Inspection contingency Title search Purchase and sale agreement 111

HomeLight

MARCH 13, 2023

Whatever your reason for needing a quick sale without making a substantial investment, the Orlando real estate market is teeming with cash buyers ready to make a deal no matter your home’s condition. More professionals are reaching out to me,” says John Joseph , Orlando real estate investor and managing partner of Junk Home Buyers.

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Sales Investor Due diligence Renovation 80