HomeLight

SEPTEMBER 9, 2020

A contingency means that you’re willing to purchase the home contingent on certain details checking out. Though you won’t need a financing contingency, you should consider an inspection contingency and an appraisal contingency. Consider getting a land survey.

Inspection contingency 103

Inspection contingency Proof of funds Inspection Title 103

HomeLight

AUGUST 29, 2022

Nicknamed the Lone Star state, Texas is the second most populous state in the country and the second largest state in land mass. While it is not always recommended to completely waive contingencies to impress a seller, you might consider pairing down to just the inspection contingency and financing contingency to remain competitive.

Earnest money deposit 95

Earnest money deposit Title Inspection Title search 95

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. How it can delay closing. Dodge move. Survey issues.

Closing 111

Closing Purchase and sale agreement Title search Earnest money deposit 111

Realty Biz

NOVEMBER 11, 2020

The home could be subject to a few different types of contingency. 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.

Backup offer 111

Backup offer Sales Home sale contingency Earnest money deposit 111

HomeLight

OCTOBER 30, 2020

With cash, buyers are able to waive common contingencies, making the deal smoother and faster (not to mention sweeter for the seller). However, an inspection contingency will often be used by any buyer, whether they’re using financing or paying cash. The title isn’t clear. Source: (mizar_21984 / ShutterStock).

Closing 112

Closing Inspection contingency Title search Purchase and sale agreement 112

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. Inspection contingency.

Purchase and sale agreement 83

Purchase and sale agreement Inspection contingency Home sale contingency Inspection 83

Realtor.com

OCTOBER 29, 2020

These are the most common contingencies that are part of your new home closing process: Home inspection contingency: This gives buyers the right to have the home professionally inspected. It’s rarely advisable to waive an inspection contingency.

Closing 139

Closing Earnest money deposit Inspection contingency Purchase and sale agreement 139