Remove Agents Remove Inspection contingency Remove Residential
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Pending legislation would end home inspection waivers in Massachusetts

Housing Wire

The bill essentially negates as a negotiating tool the waiving of the home inspection contingency , which makes an offer for a home contingent on the results of an inspection. The Massachusetts legislation would grant buyers the right to a home inspection , but it does not mandate that one be completed. and Canada.

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More buyers waive the home inspection to get the deal done

Realty Biz

In June, around 20% of successful bids submitted by Redfin real estate agents in the U.S.’s s largest markets waived the inspection contingency, for example. Still, experts say that waiving a home inspection can turn out to be very expensive.

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What Does a Real Estate Agent Do? The Benefits of a Buyer’s Agent

HomeLight

You may wonder, what does a real estate agent even do? According to the National Association of Realtors®, 88% of homebuyers purchased their home in 2020 through a real estate agent , and for good reason. Real estate agents are essential advocates through the homebuying process. What is a real estate agent?

Agents 105
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Under Contract vs. Pending: A Home Buyer’s Guide to Status Tags

HomeLight

Find a Top Agent With Experience in Contingency Offers If you need to make an offer on a home with contingencies, you’ll want a top agent by your side who can avoid pitfalls and secure the home you want. If contingencies are not met, the deal might fall through.

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Can You Sell a House As Is Without Inspection? A Reality Check

HomeLight

The “as is” label signals that as the seller, you aren’t willing to negotiate on price no matter what comes up in the inspection. However, a buyer could still include an inspection contingency in the contract. Additionally, waiving the inspection contingency makes for a more compelling offer to most sellers.

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What Is a Non-Contingent Offer When Buying a Home?

HomeLight

As a homebuyer entering a competitive real estate market, it’s likely you’ll encounter the term “non-contingent offer.” A non-contingent offer is often seen as a bold move in residential real estate transactions, signifying an offer to buy a property without certain conditions or “ contingencies ” that must be met first.

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Ask Brian: Will 2021 be a Good Time to Buy a House?

Realty Biz

The seller shouldn’t know the maximum that you can (or want) to pay but your agent needs to know that you are willing to go higher. Not common, but what some buyers are beginning to do is waive appraisal and inspection contingencies to make their offers more attractive to home sellers. Please comment.