HomeLight

MARCH 31, 2022

But one of the most influential bargaining tools is eliminating contingency clauses, especially the seller contingency clause, also known as the home sale contingency. What is a contingency clause? Let’s begin by looking at the “what” and “why” of contingency clauses. “You

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Realty Biz

NOVEMBER 11, 2020

Understanding how a home inspection works is essential for both buyers and sellers, given the importance of this real estate transaction phase. Home Sale Contingency. If the buyer still needs to sell their home before they can close on the new property, a home sale contingency can be put in place.

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Backup offer Sales Home sale contingency Earnest money deposit 110

Realty Biz

JANUARY 21, 2022

Whether you’ve relocated for a job or bought a piece of land to build your dream retirement home, you may find yourself having to sell your home after you’ve moved to another state. Selling a home can be one of the most stressful experiences a person faces in their life.

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HomeLight

JULY 31, 2020

Home sale contingency. If the buyer enters the purchase contract before selling their current home, they can include a home sale contingency that gives them a certain amount of time for the sale to close before moving forward with the new home purchase. Short sale. Dodge move.

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Closing Purchase and sale agreement Title search Earnest money deposit 109

Redfin

MARCH 3, 2022

Municipal lien letters matter,” says Sara Cleary of Tri-County Land Title & Escrow Company. So while title companies clean up any known problems in the land records before closing, the only way to truly protect yourself is to purchase an owner’s title insurance policy which will protect your interest in the property forever.”.

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Closing Title search Purchase and sale agreement Title 63

HomeLight

JUNE 30, 2021

There’s more that goes into making an offer besides landing on a purchase price. In some states, an attorney will oversee the closing of the sale instead of a title company; if you’re going it alone, regardless, it’s a good idea to think about hiring one. Step 1: Land on your offer price. Home sale contingency.

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Purchase and sale agreement Inspection contingency Home sale contingency Inspection 77

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