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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% up from 17.4%

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5 Things Homebuyers Need To Know When Making an Offer

Keeping Current Matters

An agent can help you consider what levers you can pull that might be enticing to a seller, like: Offering flexible rent-back options to give the seller more time to move out. Your ability to do a quick close or make an offer that’s not contingent on the sale of your current home. Bottom Line.

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Tips to Help Buyers Successfully Navigate a Hot Real Estate Market

Realty Biz

One contingency that is almost always wise to include is a home inspection to be sure you aren’t buying a major problem that you aren’t aware of. The type of contingencies that you might want to skip is for the seller to pay part of your closing costs or for a home warranty. Require a minimal home inspection.

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16 Tips to Win a Bidding War on a House

The Close

When you remove the possibility of your buyers backing out, you’re giving that seller peace of mind that your clients are in it to win it. Waive the Inspection Contingency Let me be clear—I am in no way suggesting that your buyers should not do a whole home inspection. In fact, I suggest quite the opposite.

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Is a Home Sale Contingency Clause Always Necessary? Here Are Your Options

HomeLight

The contingency allows you to walk away without penalty if you can’t secure financing to buy the house. The financing approval and the inspection contingency are first-level contingencies,” Ballenger explained. “The The financing approval and the inspection contingency are first-level contingencies,” Ballenger explained.

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

Redfin

Yaaran’s clients, who were at the time living in Virginia but planning to move back to the Seattle area for a job at Amazon, found their dream home after doing a video tour on FaceTime. They sent a Seattle-based relative to attend an in-person showing and the pre-inspection, submitted an offer at 6:20 p.m.

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Reality Check: 9 Things to Expect When Selling Your Home

HomeLight

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. To avoid repair negotiations, some sellers conduct a pre-listing inspection to get ahead of issues and make repairs in advance. You accepted an offer ! But not so fast.