article thumbnail

Buying a House Sight Unseen: Worth It or Not?

Point2Homes

For example, the sale could be delayed due to the buyers’ request for inspections and appraisals. You can include an appraisal contingency, an inspection contingency, and even make the sale contingent on walk-throughs or viewings before closing. Technology is changing the way we buy homes in the 21st century.

article thumbnail

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

Redfin

They sent a Seattle-based relative to attend an in-person showing and the pre-inspection, submitted an offer at 6:20 p.m. Plus, buying a home remotely has become easier as touring technology has improved. Fortunately, the inspection contingency enabled her to back out of the purchase.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

From Contract to House Keys: Breaking Down the House Closing Process

HomeLight

You still have to make it through the house closing process, where inspections , credit problems, or paperwork issues can trip you up. The average time to close a loan was 48 days in July 2021 , according to ICE Mortgage Technology, a company that produces mortgage management technology. Source: (Call Me Fred / Unsplash).

Closing 82
article thumbnail

How to Sell a House by Owner in California (2023 Updates)

HomeLight

FSBO sellers in California 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. Step 1: Address needed repairs and maintenance. Closing date.

article thumbnail

Can You Sell a House with Code Violations? Here are Your Options

HomeLight

Whether you’re selling a mid-century ranch in an established neighborhood, a 1920s arts and crafts bungalow on a tree-lined avenue, or a brand new contemporary white box in a just-built subdivision, a home inspection may very well reveal code violations. It came to light during the home inspection.

article thumbnail

Find Cash Home Buyers in Orlando for a Fast, Simple Sale

HomeLight

You don’t need the added stress of waiting for the buyer’s mortgage approval or a home inspection turning up any unpleasant surprises. With a cash home buyer, there are usually no financing or inspection contingencies typically found in traditional real estate contracts. The option period is negotiated between buyer and seller.

Sales 80
article thumbnail

Shopping for a Home Online? Here Are Tips on How to Do It From People Who Have Done It

HomeLight

Though shopping for a home online has been a growing trend in recent years, mostly due to the advancing technology that has made it possible, the COVID-19 pandemic has transformed shopping online from just a cool thing we could do to a necessity for many homebuyers. Contingencies are critical.