Realty Biz

NOVEMBER 11, 2020

Home Inspection Contingency. Home inspections are one of the biggest hurdles in home sales. It is not uncommon for a home to go from being market “contingent” to “back on the market” because of some issues discovered from the home inspection. Home Sale Contingency. These appraisal tips will help.

Backup offer 111

Backup offer Home sale contingency Sales Earnest money deposit 111

RIS Media

APRIL 8, 2022

While financing may be pre-approved, the process is complex. Home inspection problems. Home inspections are standard practice when buying a home and don’t usually stop a sale unless there is a severe underlying issue with the property. You’ll want to make a backup offer to put yourself in the game.

Debt-to-income ratio 144

Debt-to-income ratio Title search Backup offer Home sale contingency 144

RIS Media

APRIL 18, 2022

Buyers are waiving a home inspection. Buyers are waiving their home appraisal or offering an appraisal gap guarantee. Getting rid of the mortgage financing clause in their offer. It may make sense to put in a backup offer when you’re not the winning bidder. Get pre-approved for a mortgage.

Pre-approval 120

Pre-approval Backup offer Due diligence Rent back 120

HomeLight

JUNE 9, 2023

These conditions can be anything from the buyer securing a mortgage, the home inspection clearing, or the sale of the buyer’s current home. As of 2023, 79% of contracts included an inspection contingency while 82% contained an appraisal contingency. If I accept an offer with contingencies, what happens to my listing status?

Home sale contingency 145

Home sale contingency Inspection contingency Purchase and sale agreement Inspection 145

Redfin

MARCH 5, 2025

A mortgage pre-approval can give you a clearer picture of your financial standing and help you secure a deal faster. While taking on a renovation project can be an investment of time and money, it also offers the chance to personalize the space to your taste and potentially increase its home value over time.

Debt-to-income ratio 43

Debt-to-income ratio Backup offer Finance Pre-approval 43

HomeLight

NOVEMBER 1, 2021

This is the time when the inspection, any agreed upon repairs, and the appraisal take place. When the home is under contract, the seller and the seller’s agent aren’t usually showing the home or accepting additional offers. What happens if the home sale falls through? This works in the seller’s interest.

Purchase and sale agreement 111

Purchase and sale agreement Backup offer Proof of funds Finance 111

Redfin

MARCH 5, 2025

A mortgage pre-approval can give you a clearer picture of your financial standing and help you secure a deal faster. While taking on a renovation project can be an investment of time and money, it also offers the chance to personalize the space to your taste and potentially increase its home value over time.

Debt-to-income ratio 38

Debt-to-income ratio Backup offer Finance Pre-approval 38