HomeLight

JULY 31, 2020

If all else fails and the repairs are too significant, it’s important to have an inspection contingency in the contract that allows the buyer to cancel the deal after evaluating the inspection report without losing their earnest money deposit. Problems with the title. Home sale contingency. Short sale.

Closing 112

Closing Purchase and sale agreement Title search Earnest money deposit 112

HomeLight

APRIL 15, 2022

Generally trade-in companies will offer to buy your current home, freeing up your funds to buy a new home and removing the need for a home sale contingency. Some companies that offer home trade-in programs include HomeLight , Knock , Opendoor and Orchard. Title search.

Title 86

Title House Flipping Title search Sales 86

HomeLight

JANUARY 13, 2022

However, your mortgage lender will not loan you more money than a house is worth, so if the appraisal determines that the sales price is higher than the home’s actual value, as the buyer, you’ll need to be prepared to come up with the money to make up any difference. Home sale contingencies. Title contingencies.

Backup offer 79

Backup offer Inspection contingency Purchase and sale agreement Home sale contingency 79

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.

Closing 104

Closing Purchase and sale agreement Title Home sale contingency 104