Redfin

MARCH 4, 2025

Investors may see foreclosure purchases as an opportunity to renovate and resell for a profit, while homebuyers may find a house they wouldnt otherwise be able to afford. If youre buying through a traditional foreclosure sale, an inspection contingency may give you the option to back out if major issues arise.

Pre-approval 35

Pre-approval FHA loan Short sale Banks 35

Rochester Real Estate

NOVEMBER 5, 2015

Skipping A Full Professional Home Inspection Due to the current state of many real estate markets, many homebuyers are electing to waive their home inspection. Buyers are finding that by including a home inspection contingency, that they’re losing out on home after home. Do you work from home?

Inspection 52

Inspection Inspection contingency Pre-approval Agents 52

HomeLight

MARCH 31, 2022

And a booming rental market means that tourist locations and vacation-like amenities need to be priced right to attract investors. 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 have their eye on Florida cities. Closing date.

Purchase and sale agreement 111

Purchase and sale agreement Inspection Title Inspection contingency 111

HomeLight

AUGUST 31, 2021

The lender usually also requires additional contingencies before they’ll approve the loan, such as an appraisal contingency to make sure the home is worth the amount they are loaning you to buy it, and an inspection contingency to see if there are any potential problems.

Due diligence 106

Due diligence Inspection Pre-approval Pre-qualification 106

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. Gather your title, loan documents, survey, insurance information, and any permits for renovations and have them ready for closing. Closing date. Reminders for closing: . Request Offer.

Purchase and sale agreement 110

Purchase and sale agreement Inspection Inspection contingency Title 110

HomeLight

SEPTEMBER 1, 2020

Bank-owned homes may not be the best-staged or the most recently renovated. Prices can be more difficult to negotiate on bank-owned properties for the reasons stated above, and also because any offers often have to be reviewed by several members of the bank, who all in turn have to answer to shareholders or investors.

Banks 98

Banks Inspection contingency Inspection FHA loan 98

HomeLight

AUGUST 24, 2022

As is” sales often attract investors searching for their next flip or buyers seeking a bargain, perhaps on a home in a great location with lots of potential. You’re looking for an agent who doesn’t shy away from listings that need a little TLC and maybe has a strong network of investor connections. Sell directly to a cash buyer.

As-is 111

As-is Inspection Closing costs Investor 111

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. Gather your title, loan documents, survey, insurance information, and any permits for renovations and have them ready for closing. Closing date. Reminders for closing: . Gen Z buyers.

Purchase and sale agreement 115

Purchase and sale agreement Inspection Inspection contingency Title 115

HomeLight

JUNE 17, 2022

Your want to sell your home without renovating. You don’t have the time or money to do renovations and want to move without extensively updating your home, and are willing to accept less money for it. Appraisal contingency : The buyer may cancel the contract if the purchase price is higher than the appraised value of the home.

Inspection 111

Inspection Pre-approval Inspection contingency Renovation 111

HomeLight

APRIL 28, 2023

Let’s review some of the top points of negotiation you may encounter: Contingencies 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. Closing date Closing dates can be subject to negotiation as well.

Purchase and sale agreement 102

Purchase and sale agreement Inspection Title Inspection contingency 102

HomeLight

JUNE 29, 2021

We asked Latif to break down how to evaluate cash offers from both traditional homebuyers and direct buyers like investors. Cash offers do often come from investors, but they also come from first and second-time homebuyers.”. Investors and flippers. Investors and flippers. Home inspection contingency.

Inspection contingency 83

Inspection contingency Proof of funds Inspection Pre-approval 83

HomeLight

MAY 28, 2021

An inspection can tell you upfront the exact issues with the house so you know what money you might have to spend down the line. It’s also wise to add an inspection contingency in your purchase contract , so if the inspection shows more repairs than you expected, you can walk away. Great for investors or cash buyers.

As-is 100

As-is Inspection Title search Inspection contingency 100

HomeLight

DECEMBER 23, 2021

DIY home repairs and renovations will almost surely have code violations. Renovations made without permits – Some renovations do not require permits, but if they do and you don’t have one, you’re liable to pay a fine and may be required to demolish the renovation if it can’t be brought up to code. Request Cash Offer.

Inspection 111

Inspection Title Renovation Inspection contingency 111

HomeLight

JANUARY 10, 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. Gather your title, loan documents, survey, insurance information, and any permits for renovations and have them ready for closing. Closing date. Reminders for closing: .

Purchase and sale agreement 111

Purchase and sale agreement Natural hazards disclosure Inspection Title 111

HomeLight

OCTOBER 18, 2022

Discuss inspection contingency. You will want to find the right balance of time and money investments for overall repairs, and fixes that might be needed to be ready for the home appraisal, home inspection, and showings. Major renovation projects do not have a high return on investment. Negotiate concessions.

Purchase and sale agreement 110

Purchase and sale agreement Inspection Closing costs Staging 110