HomeLight

JULY 31, 2020

There’s a house for sale that you want to buy. For most buyers, financing a home through a bank or lender with a mortgage loan is necessary to purchase the property. Because the entire sale hinges on securing this loan, it is a top criteria for closing, and it’s also the most common reason for a delay in the closing process.

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Closing Purchase and sale agreement Title search Earnest money deposit 108

HomeLight

APRIL 15, 2022

While this example is hypothetical, it is representative of how a small but growing number of people are choosing to sell their homes through iBuyer real estate solutions. We also include information about HomeLight’s Simple Sale platform, an online home-selling program that provides competitive all-cash offers for homes across the country.

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Title House Flipping Title search Sales 82

HomeLight

JANUARY 13, 2022

These conditions are known as contingencies, which is where the term “active contingent” comes from. Many offers contain contingencies. In May 2020, 76% of closed sales contained purchase contingencies, a survey from the National Association of Realtors® (NAR) found. Common types of contingencies.

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Backup offer Inspection contingency Purchase and sale agreement Home sale contingency 75

HomeLight

JULY 29, 2022

That likely went right to your lender, so ask to get a copy from either them or directly from the title company. There are certain properties I would immediately order a title search before I do anything else: A foreclosure , a short sale , a bankruptcy, an estate sale,” Houck says.

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Closing Purchase and sale agreement Title Home sale contingency 103