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What’s a Rent Back Deal? (And Two Other Reasons A Seller May Still Be in the House After Closing)

HomeLight

“I’ve had people literally crying in the driveway, moving vans in the driveway, and the other people haven’t moved out yet,” recalls Nicole Solari , a top agent and first-time homebuyer specialist in Fairfield, California. We’ve got solutions and options for the specific scenario you face, whether it’s: You need to negotiate a rent-back.

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What Is a Home Sale Contingency?

HomeLight

That means a large majority of homebuyers must consider the sale of their current home prior to buying a new one. Most often, this type of scenario calls for a home sale contingency. We analyze over 27 million transactions and thousands of reviews to determine which agent is best for you based on your needs.

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5 Killer Tips For Beating a Cash Buyer

Realty Biz

To make an informed decision, it’s important to understand the following: 1) What is the inventory of houses for sale? Lean on your buyer’s agent for what they have seen with other properties. Escalation clauses are often included in house purchase agreements to allow you to go over other offers by a set amount of money.

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Why Hire a Real Estate Agent? 11 Reasons Why Buyers Should Work With A Pro

HomeLight

If you haven’t purchased a home before, you probably have lots of questions about the process. And if you’ve recently overheard a work colleague gloating about how they easily bought a house without a real estate agent, one of those questions might be whether you actually need to hire an agent at all. And lots more!

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

HomeLight

To succeed in getting a seller to consider your offer, you need to work in advance with your real estate agent to assess the best bargaining tools to entice the seller to move your offer to the top of the list. ” “The home sale contingency adds another layer that a seller would have to take into consideration when evaluating an offer.

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Staying After Selling: What to Know About Use and Occupancy Agreements

HomeLight

As excited as you are about the prospect of a successful sale, you’re hesitant to sign a contract without knowing you’ll have somewhere to go. Enter the use and occupancy agreement. Marc Lagrois , a top Michigan real estate agent, says occupancy after closing is a very common occurrence. “It Terms of a U&O.

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Closing on a House Checklist: 6 Things Home Buyers Must Do Before They Move In

Realtor.com

Most purchase agreements have contingencies —things that buyers must do before the real estate transaction is official, explains Jimmy Branham , a Coral Springs, FL, real estate agent at the Keyes Company. If something is wrong, you can request that it be fixed—or you can back out of the sale. Clear the title.

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