Remove Backup offer Remove Closing Remove Inspection Remove Residential
article thumbnail

Can a Home Seller Under Contract Still Accept a Higher Offer?

Realtor.com

You could, for example, insert terms in the purchase agreement that allow you, as the seller, to continue to accept offers and for the buyer to be allowed the option to match or exceed any higher offers. Buyers can also take backup offers (more on these options later). Can home sellers accept backup offers?

article thumbnail

Going Above and Beyond to Make a Difference in the Lives of Clients

RIS Media

” RomeoDiSantillo is all about raising the standards of the residential real estate industry and the expectations and experiences consumers should receive—and “they most definitely deserve.” ” With the Chowdhry family, the relationship began with a phone call at 9 p.m., despite two children needing to get to bed.

Insiders

Sign Up for our Newsletter

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

article thumbnail

5 Ways to Get a Real Estate Price Estimate for Your House

HomeLight

Rachel Massey , a certified residential appraiser in Ann Arbor, Michigan, agrees that online valuators can be reasonably reliable or wildly inaccurate, depending on the type of housing and the location. Keep your comps close together. You want the flexibility of choosing your own closing date.

article thumbnail

What Buyers Need to Know About Making an Offer on Active Contingent Listings

HomeLight

An active contingent listing means that the seller has accepted an offer from a buyer, but certain conditions haven’t been met yet. Many offers contain contingencies. In May 2020, 76% of closed sales contained purchase contingencies, a survey from the National Association of Realtors® (NAR) found. Inspection contingencies.

article thumbnail

A Seller’s Home Appraisal Checklist: A Cheat Sheet for Your Home’s Final Exam

HomeLight

You’re so close to closing. After being under the microscope at open houses and inspection, you may wonder: What’s the point of this final examination? After you accept an offer, the buyer’s mortgage lender typically contacts a third-party appraisal management company (AMC ). You’re ready to move on.

Loans 119
article thumbnail

How Emotions Affect Home Buyers

Realty Biz

In this tight market, buyers can expect it to take many months between first checking their credit score and when they’ll close on a home. You’ll be viewing properties online, talking to agents, touring houses, and making offers even when you think someone else will make a better offer. Stay in Touch with Your Agent.