Remove Home sale contingency Remove Inspection Remove Pre-approval Remove Staging
article thumbnail

8 Essential Steps to Navigating Escrow in Home Buying

Realty Biz

The National Association of Realtors (NAR) conducted a survey in October 2022, revealing that approximately 7% of deals in the preceding three months got terminated before reaching the closing stage. During this stage, the buyer, seller, or their respective agents select an escrow agent who will oversee the process.

article thumbnail

What Does Contingent Mean in Real Estate Sales

Realty Biz

Let’s have a look at the most common types of contingency you are likely to see. Home Inspection Contingency. The purchase of the property can be contingent on the home inspector’s report. If the home requires some repairs, the price can be renegotiated, or the seller can fix the issues.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Can You Put an Offer on a House That’s Contingent?

RIS Media

Once you find your dream home and it happens to be marked as contingent, you can still place an offer. Here’s all you should know about contingent sales as a potential home buyer. Contingent meaning. Real estate listings go through different stages. What about houses listed as “contingent?”

article thumbnail

How Fast Can I Sell My House? It Can Take 75 Days or 12

HomeLight

This means, using the conventional process, you can generally sell your home in as little as 48-75 days. The Simple Sale process frees you of the hassle of staging your home and jumping through hoops for the buyer’s lender. Most buyers get an inspection, which may initiate repairs or re-negotiations.

article thumbnail

How to Sell a House by Owner in Florida (2022 Updates)

HomeLight

Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes. FSBO sellers in Florida may want to consider getting a home inspection prior to listing their home for sale.

article thumbnail

How to Sell a House by Owner in Colorado

HomeLight

FSBO sellers in Colorado may consider getting a home inspection prior to listing their home for sale. However, be aware that if you get a pre-listing inspection, you will be required to share relevant findings with buyers and how you did or did not address them. Step 3: Declutter, clean, and stage your home.

article thumbnail

Price My Home Right: Should I List My House High or Low?

HomeLight

Buyers who want to take on those projects and like your neighborhood will often appreciate the sweat equity they can invest to get their dream home. However, you can do other things, short of renovations, such as declutter , clean , and stage your home to showcase its best features and potentially get a higher price.