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What You Need to Know If You’re Buying a Home from the Owner

HomeLight

Is it a yard sale? No…it’s a for sale sign!!! A “for sale by owner,” or FSBO (pronounced “fizz-bo”) home, is a home that is being sold by its owner who hasn’t hired a listing agent. A “for sale by owner,” or FSBO (pronounced “fizz-bo”) home, is a home that is being sold by its owner who hasn’t hired a listing agent.

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How to Buy a House without a Real Estate Agent, Just Like a Professional

HomeLight

When you find a neighborhood you love, the next step is finding a home that’s for sale and in your price range. You can set up search parameters on real estate platforms and spend hours combing through photos and property descriptions, but you can also get more proactive. Find a home. Earnest money.

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Eliminating Stringent Contingencies: How to Make a Contingent Offer Stronger

HomeLight

As the term implies, a contingent offer proposes a deal that can only be brought to fruition if certain conditions are met. As you’d likely imagine, some contingencies are negotiable, while others simply are not. Home inspections. So can a financing contingency be negotiable? Sales contingency.

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25 Nightmare Scenarios That Can Disrupt Closing (And How to Avoid Them)

HomeLight

You can avoid getting into this situation by avoiding making other big purchases or applying for other loans once you are approved for a mortgage and under contract. First, when deciding to purchase a home, you’ll naturally try to make sure you’re at a stable point in your career. What can go wrong on the buyer’s side at closing.

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