HomeLight

JULY 6, 2023

So what are the contract stipulations that put a listing into that “Contingent” stage, and how common is it for a property to hang in closing limbo? Here are 5 common contingencies in real estate contracts: Inspection contingency A buyer and their lender understandably want a home inspection to make sure they’re not investing in a lemon.

MLS 93

MLS Backup offer Inspection contingency Purchase and sale agreement 93

HomeLight

SEPTEMBER 1, 2022

As far as home styles go, new construction is trending toward a country style, says Raymer. While it is not always recommended to completely waive contingencies to impress a seller, you might consider pairing down to just the inspection contingency and financing contingency to remain competitive.

Earnest money deposit 77

Earnest money deposit FHA loan Purchase and sale agreement Title 77

HomeLight

OCTOBER 13, 2021

The sales contract should have a home inspection contingency that outlines the options both the seller and buyer have regarding repairs. If the home inspection shows significant problems with the house that need repairing , the buyer can submit a buyer repair request and add an addendum to the contract. Buyer repair requests.

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Closing Purchase and sale agreement Title Inspection contingency 88

HomeLight

AUGUST 9, 2022

Larsen cautions that if you’re buying a new construction home, you will likely be expected to pay a much larger percentage of earnest money. Closings costs for buyers often clock in between 2% and 5% of the purchase price, and expenses beyond your down payment may include some (or all) of the following: Property inspections.

Earnest money deposit 95

Earnest money deposit VA loan Purchase and sale agreement FHA loan 95

Redfin

MARCH 15, 2021

Schedule a pre-listing inspection. Having a pre-listing inspection allows you to attract serious buyers and gives you an advantage over other sellers before your home even hits the market. It’s common practice for the buyer to request a home inspection as one of their contingencies when submitting an offer.

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Inspection Staging Inspection contingency Due diligence 72

HomeLight

AUGUST 17, 2020

And then there’s kind of been a consistent lack of new construction coming into the mix for years. But one thing they’ve all said as well is that it scares them if buyers want to go so far as to waive fee inspection contingency. I’m there for the inspection for them. Caroline: Yeah.

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Marketing Agents Inspection As-is 102

HomeLight

FEBRUARY 27, 2023

So, elective inspections are typically things like the roof, sewer lateral, WDO or wood-destroying organisms, and the contractor inspection. A contractor inspection we’ll save until the very end, until after we’ve remedied, and painted, and cleaned, and what have you. There’s no inspections.

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Sales Staging Purchase and sale agreement Inspection 66

Marco Santarelli

AUGUST 2, 2020

The report compares year-over-year key housing metrics of the “New York City” from June 2020 with June 2019. Home sales in the city of New York, NY in June 2020 were down 46 percent from last June. About 1 percent of Redfin customers waived either a financing or inspection contingency last month.

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Marketing Sales Pre-approval Investor 142