Redfin

JUNE 23, 2025

If the home inspection reveals major problems, the buyer can request repairs, negotiate credits, or even walk away depending on the contract. Home appraisal If the buyer is financing the home, the lender will usually require a home appraisal to ensure the home’s value supports the loan amount.

Due diligence

Hank Miller Team

DECEMBER 1, 2021

Buyers were/are so stressed to secure a home that some toss caution to the wind; overpaying, waiving finance contingencies, inspection contingencies and more. If this buyer was getting a loan, any appraiser will note this and certainly call for structural inspection as well.

Inspection contingency

HomeLight

MARCH 31, 2022

Disclosures: . Arizona law requires sellers to disclose material facts about the property through the Residential Seller Disclosure. 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. Is a real estate attorney required? .

Purchase and sale agreement

HomeLight

OCTOBER 20, 2022

This establishes your ownership, along with details such as purchase price and previous seller disclosures. Many FSBO sellers will purchase a pre-listing appraisal. The buyer’s lender will probably require their own appraisal as part of their loan approval process. Home inspection report. Latest tax statement.

Purchase and sale agreement

HomeLight

NOVEMBER 29, 2021

When reviewing an incoming offer, you’ll take into consideration the overall offer terms, such as: the buyer’s ability to qualify for a home loan. inspection and loan contingency time frames. Renegotiate with the buyer’s agent based on inspection findings. whether it makes sense counter to a higher purchase price.

Purchase and sale agreement

HomeLight

MARCH 13, 2023

Joseph has encountered active military who recently purchased homes with a VA loan, but got orders to ship out only to find that their home hadn’t appreciated much in a short time. With a cash home buyer, there are usually no financing or inspection contingencies typically found in traditional real estate contracts.

Sales

HomeLight

JUNE 30, 2021

Lenders can also approve you for different loan amounts, give you different interest rates, and charge varying fees. Inspection contingency. A professional home inspection gives the buyer the opportunity to uncover any potential problems with the house before purchasing.

Purchase and sale agreement