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. If something is wrong, you can request that it be fixed—or you can back out of the sale. Do a final walk-through.

Closing 139

Closing Earnest money deposit Inspection contingency Purchase and sale agreement 139

HomeLight

APRIL 29, 2021

“Sellers don’t always understand the condition that their property should be in bringing onto the market,” says Thompson. Do you need interim housing, a specific closing date, or a seller rent back ? Your buyer will use the home inspection report to leverage a deal. You accepted an offer !

Purchase and sale agreement 98

Purchase and sale agreement Pre-approval Inspection Inspection contingency 98

HomeLight

FEBRUARY 28, 2022

In a perfect world, you can put your current house on the market, sell quickly to get your equity out of your home to use for a down payment, and find your next dream home just as quickly. In this seller-centric market, buyers will often let sellers stay and will agree to a delay of 30-60 days. Decide on contingencies.

Equity 121

Equity Debt-to-income ratio Closing Loans 121

HomeLight

SEPTEMBER 11, 2020

Even a pandemic failed to slow down the 2020 real estate market. To help you set yourself up for success, read our primer with expert-backed tips for deciding on and presenting the strongest possible offer. Does that mean a cash offer in your market? No sales contingency? Source: (Andrea Piacquadio / Pexels).

Earnest money deposit 90

Earnest money deposit Purchase and sale agreement Inspection contingency Home sale contingency 90