Redfin

JULY 28, 2020

markets waived the inspection contingency, compared with just 13.2% The decision to do so should be made carefully with the guidance of a trusted real estate agent, who can also advise on the possibility of doing a pre-inspection before submitting an offer. In June, 19.9% during the same month in 2019. up from 17.4% in May and 44.4%

Inspection contingency 59

Inspection contingency Inspection Purchase and sale agreement Pre-approval 59

The Close

APRIL 28, 2022

In today’s tight inventory market, trying to help buyers with financing and limited funds feels a little like getting into a boxing match with Mike Tyson. Here are the top 10 that have helped my team successfully beat out cash offers—yes, even in this red hot market. No-cost Rent-back. We are not offering legal advice.

Rent back 105

Rent back Closing costs Finance Agents 105

HomeLight

AUGUST 31, 2021

Cash offers are more popular in some markets than others; for buyers trying to find a house in an area where cash offers are prevalent, competing against those offers can be a discouraging part of the homebuying process. Keep in mind that the number of cash offers floating around fluctuates with the market and at different price points.

Due diligence 82

Due diligence Inspection Pre-approval Pre-qualification 82

Redfin

JULY 30, 2020

Almost half (45%) of people who bought a home in the past year made an offer on a property that they hadn’t seen in person, the highest share since at least 2015, according to a Redfin-commissioned survey in May and June of more than 1,400 people across 29 major markets. PT on a Wednesday, and went to bed soon after.

Inspection contingency 72

Inspection contingency Purchase and sale agreement Pre-approval Inspection 72

HomeLight

MAY 24, 2021

If you’re looking to buy in 2021, then you already know that the market is white-hot. That means it’s a prime seller’s market — and a potentially tough go for hopeful buyers. So how can you be prepared to pounce with the right offer over asking price when you see that dream home hit the market? Perfect match, right? Not so fast.

Pre-qualification 108

Pre-qualification Pre-approval Purchase and sale agreement Loans 108

HomeLight

MAY 24, 2022

The recent real estate market has been head spinning, and perhaps the home that sold across the street for way over asking price has got you wondering — should I sell my house in 2022? Real estate market starts to cool off. Maybe you now work remotely so you’re thinking about moving to have enough space for a home office.

Pre-approval 98

Pre-approval Equity Agents Closing costs 98

Realtor.com

OCTOBER 29, 2020

Appraisal contingency: With this contingency, a third party hired by your mortgage lender evaluates the fair market value of the home. Financing contingency: This contingency gives you the right to back out of the deal if your mortgage approval falls through. Get final mortgage approval. Clear the title.

Closing 139

Closing Earnest money deposit Inspection contingency Purchase and sale agreement 139

HomeLight

APRIL 21, 2022

To help you evaluate your first offer, we’ll walk you through key consideration points, how to weigh the strength of the offer, encourage you to assess your objectives, and how to factor in market conditions. Your house has been on the market three months or more. You found your new home and want to avoid carrying two mortgages.

Inspection contingency 108

Inspection contingency Home sale contingency Pre-approval Agents 108

HomeLight

NOVEMBER 10, 2021

After you submit your documentation, you’ll know what kind of budget you have to work with, or your approval “ceiling.”. A local agent will know how to write a competitive offer and what sellers in the market prefer. You’re getting a feel for the market, and that quick sale just told you it’s probably a good area.

Inspection 93

Inspection Title Pre-approval Agents 93

HomeLight

FEBRUARY 25, 2022

For small markets: closed at least 50 transactions in the last 12 months. For large markets: closed at least 100 transactions in the last 12 months. Usually ranked in the Top 1% in sales in their local market. Must have an agent or broker’s license in good standing. Full-time agents, not hobbyists. Ideal Agent reviews.

Agents 92

Agents Pre-approval Loans Sales 92

HomeLight

MARCH 28, 2022

Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes. How’s the real estate market? It’s an extremely competitive market for buyers.”. Get Estimate. What’s more, every home sold received 3.9

Purchase and sale agreement 116

Purchase and sale agreement Equity Agents Staging 116

HomeLight

MARCH 22, 2021

But you’ll notice that the market itself hasn’t changed much since then. Matt: That’s the voice of Sarita Dua, an agent in Portland, Oregon where bidding wars are common and the market is unlike anything she’s seen in her 16 years in real estate. We had the pre-approval letter.

Agents 74

Agents Inspection Inspection contingency Pre-approval 74

HomeLight

OCTOBER 12, 2020

Matt: That’s the voice of Sarita Dua, an agent in Portland, Oregon where bidding wars are common and the market is unlike anything she’s seen in her 16 years in real estate. Sarita is back with me today for part 2 of our conversation about winning bidding wars. We had the pre-approval letter.

Agents 98

Agents Inspection Inspection contingency Pre-approval 98

HomeLight

MARCH 2, 2023

Closing costs in California average about 1% of the home’s sale price , and there are other pre-paid costs you might have as well. Henderson says that while connecting with a reputable agent who knows the San Diego market is important, one thing potential buyers should be sure to do is to align themselves with a great lender.

Closing 99

Closing Earnest money deposit Sales Inspection 99