Inspection contingency Loans Marketing Rent back 
Keeping Current Matters
JUNE 21, 2021
The problem is, in today’s market there just aren’t that many homes available to purchase. That’s why you should connect with a lender to get pre-approved for a loan early in the homebuying process. Today’s market is dynamic and fast-paced. In today’s market, that’s often not the case. Brace for a Fast Pace. Bottom Line.
Redfin
JULY 28, 2020
markets waived the inspection contingency, compared with just 13.2% Winning offers waived the appraisal contingency at a similar rate—20.6%—up The inspection contingency allows the buyer to cancel a purchase or request repairs if they find an issue during the inspection period. In June, 19.9%
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HomeLight
MARCH 31, 2022
leading to bidding wars in many of the major markets. For instance, getting preapproved for a mortgage is imperative in the 2022 tight market. Eliminating this important contingency can be tricky, but it may be the only way to get your offer accepted in a competitive market. You generally see those in a normal market.”
The Close
FEBRUARY 6, 2024
They only had to finance a small part of the home loan (less than $100,000) after they offered to pay 80% of the list price in cash. That may sound like a lot to add, but when your buyers roll it into their mortgage, it should not change their monthly payment so much that it prevents them from qualifying for their loan.
Redfin
FEBRUARY 2, 2021
What is a Seller’s Market? A seller’s market is when there are more homebuyers in a particular area looking to purchase a home than actual houses listed for sale. A seller’s market usually results in rising home prices and stiffer competition among homebuyers. How has the pandemic affected the market?
HomeLight
APRIL 29, 2021
“Sellers don’t always understand the condition that their property should be in bringing onto the market,” says Thompson. Your buyer’s loan approval is often the closing step that takes the longest. Ellie Mae estimates that it takes 46 days on average to close a loan. Pay off any debts on the property.
HomeLight
AUGUST 31, 2021
Cash offers are more popular in some markets than others; for buyers trying to find a house in an area where cash offers are prevalent, competing against those offers can be a discouraging part of the homebuying process. The most obvious contingency with an offer that requires financing is, of course, the financing itself.
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