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20% of Winning Home Offers Waived the Inspection Contingency in June, Up From 13% Last Year

Redfin

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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Reality Check: 9 Things to Expect When Selling Your Home

HomeLight

The home sale process involves a long list of steps, and your execution of each impacts your final sale price. As with most things in life, preparation is the key to a successful home sale. With 24 years of experience under his belt, Thompson shared a few gems about navigating the home sale journey. Vinyl windows: 72%.

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Buying in a Seller’s Market: 9 Ways to Win

Redfin

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. 1) Get Pre-Approved for a Home Loan. Furthermore, you’ll receive a pre-approval letter from your lender indicating how much of a mortgage you’ve been approved for.

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Survey: Almost Half of Recent Homebuyers Made an Offer Sight-Unseen, the Highest Share on Record

Redfin

I never would have chosen to buy a house this way, but I’d rather take a risk with my home purchase than take a risk with my family’s health,” Sanchez said. “I In New York City, some sellers aren’t even allowing buyers into their homes until they’ve been pre-approved for a mortgage, according to local Redfin agent Martin Freiman. .

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Closing on a House Checklist: 6 Things Home Buyers Must Do Before They Move In

Realtor.com

Get all contingencies squared away. Most purchase agreements have contingencies —things that buyers must do before the real estate transaction is official, explains Jimmy Branham , a Coral Springs, FL, real estate agent at the Keyes Company. It’s rarely advisable to waive an inspection contingency.

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