Real Trends

APRIL 11, 2023

To think outside the box, some Realtors began using seller concessions. Whereas seller concessions make the home-buying process more affordable and exciting for potential buyers, while also maintaining the home and the community’s value. In some areas of the U.S., So, what do you do?

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Seller concession Closing costs Purchase and sale agreement Inspection contingency 72

Realty Biz

DECEMBER 5, 2022

One of the most vital phases of buying a house is having it inspected. Home inspections over the last few years were few and far between. The crazy hot seller's market forced many home buyers into forgoing their inspection. Instead of markets dramatically favoring sellers, they are becoming more balanced.

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Inspection Earnest money deposit Purchase and sale agreement Inspection contingency 137

Realty Biz

APRIL 20, 2022

Common Contingencies Found in an Offer to Purchase. Home Inspection Contingency. One of the most common terms in an offer is the home inspection contingency clause. This contingency gives you a way to back out of the deal with your earnest money if the home inspector finds some serious issues.

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Purchase and sale agreement Home sale contingency Earnest money deposit Inspection contingency 106

Windemere Selling

JANUARY 19, 2022

Two main property-related closing costs for buyers are the appraisal and the home inspection. A home inspection provides the buyer with a clear understanding of the home’s condition and what repairs need to be made, either in the future or before closing.

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Closing costs Closing Purchase and sale agreement Seller concession 52

HomeLight

NOVEMBER 1, 2021

To explore the potential drawbacks of paying for buyer closing costs as the seller, we spoke with Tara Limbird , an Arkansas-based agent who heads a team of real estate pros that was nationally ranked at the top one half of 1% of Realtors®. Buyers and sellers generally pay for their own closing costs — but everything’s negotiable.

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Closing costs Closing Seller concession Purchase and sale agreement 76

Windemere Buying

JUNE 22, 2022

The timeline for inspections during the closing process vary state to state. Getting the home inspected allows you to ask the seller that certain repairs be made, request seller concessions, and renegotiate your offer. When the sale closes, the money goes toward the down payment or closing costs.

Purchase and sale agreement 52

Purchase and sale agreement Inspection contingency Seller concession Backup offer 52

HomeLight

APRIL 29, 2021

Seller concessions. Sellers may owe money at closing for financing concessions they agreed to pay for during the negotiation process to help close the sale. Examples of concessions include cash to cover closing costs, repairs, and home warranties. One of the most common seller concessions is repair credits.

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Closing costs Closing Seller concession Homeowner’s association 61