Realty Biz

AUGUST 22, 2022

In my eagerness to buy my first home, I made a full-price offer with the only continency being that my mortgage was approved. I didn’t even include an inspection contingency. Your question is very timely as the residential market is transitioning away from being a seller’s market to being a more balanced market.

Purchase and sale agreement 96

Purchase and sale agreement Earnest money deposit Pre-approval Home sale contingency 96

HomeLight

JUNE 29, 2021

Your sale is more likely to close and close faster with a cash offer than with an offer that hinges on a mortgage approval. A cash offer is an offer made by a homebuyer who wants to purchase a piece of residential real estate without borrowing money from a lender. Home inspection contingency. Good question.

Inspection contingency 58

Inspection contingency Proof of funds Inspection Pre-approval 58

HomeLight

MARCH 30, 2021

What does due diligence mean in residential real estate? Some people just focus on a home inspection and that’s not enough. Pre-approval letters are usually good for 60 to 90 days, so don’t enter this stage until you’re serious about your home search. Get an inspection. Review the CC&Rs.

Due diligence 104

Due diligence Inspection Title Pre-approval 104

HomeLight

JANUARY 3, 2023

FSBO sellers in Colorado may consider getting a home inspection prior to listing their home for sale. However, be aware that if you get a pre-listing inspection, you will be required to share relevant findings with buyers and how you did or did not address them. These include: Seller’s property disclosure (residential).

Purchase and sale agreement 102

Purchase and sale agreement Inspection MLS Inspection contingency 102

HomeLight

MARCH 31, 2022

FSBO sellers in Florida may want to consider getting a home inspection prior to listing their home for sale. Addressing any issues upfront helps buyers have peace of mind when making an offer and helps to prevent inspection-related closing delays. Get a pre-listing appraisal. Get Estimate. According to the document, “??In

Purchase and sale agreement 95

Purchase and sale agreement Inspection Title MLS 95

HomeLight

JUNE 30, 2021

Some states require only 40 hours of pre-licensing classes, while others may require more than 200 hours, for example. There are several different factors that determine home affordability and each lender can have its own mortgage approval standards when it comes to the buyer’s credit score, income, assets, debt, and liabilities.

Purchase and sale agreement 85

Purchase and sale agreement Inspection contingency Home sale contingency Inspection 85

HomeLight

OCTOBER 29, 2020

Contingencies can range from the relatively minor or otherwise workable — like requesting a $3,000 allowance to fix a plumbing issue that was revealed during inspection — to more serious stipulations, such as a buyer needing to sell their existing house before closing on the next. Negotiable contingencies. Home inspections.

Purchase and sale agreement 80

Purchase and sale agreement Pre-approval Earnest money deposit Inspection 80