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.

Inspection contingency 269

Inspection contingency Pre-approval Inspection Rent back 269

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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Inspection contingency Inspection Purchase and sale agreement Pre-approval 59

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?

Pre-approval 65

Pre-approval Purchase and sale agreement Marketing Inspection contingency 65

The Close

FEBRUARY 6, 2024

Ensure Your Client Has Loan Pre-approval Many sellers are anxious to get to the closing table quickly, which drives many to cash buyers , even for a lower price. Also, understand the difference between a prequalifying and a pre-approval letter. In fact, I suggest quite the opposite. What if there’s structural damage?”

Pre-approval 75

Pre-approval Earnest money deposit Inspection Inspection contingency 75

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. Do you need interim housing, a specific closing date, or a seller rent back ?

Purchase and sale agreement 95

Purchase and sale agreement Pre-approval Inspection Inspection contingency 95

Redfin

JULY 30, 2020

Almost half (45%) of people who bought a home in the past year made an offer on a property that they hadn’t seen in person, the highest share since at least 2015, according to a Redfin-commissioned survey in May and June of more than 1,400 people across 29 major markets. PT on a Wednesday, and went to bed soon after.

Inspection contingency 73

Inspection contingency Purchase and sale agreement Pre-approval Inspection 73

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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Due diligence Inspection Pre-approval Pre-qualification 77