HomeLight

JULY 31, 2020

There are many issues that can arise from a title search on a home for sale — some small, some big — that must be addressed before the property can be legally transferred to the new owner. Home sale contingency. This is a safeguard for the seller if they find another buyer who is ready to purchase the home.

Closing 119

Closing Purchase and sale agreement Title search Earnest money deposit 119

HomeLight

JANUARY 13, 2022

However, your mortgage lender will not loan you more money than a house is worth, so if the appraisal determines that the sales price is higher than the home’s actual value, as the buyer, you’ll need to be prepared to come up with the money to make up any difference. Home sale contingencies. Zoning contingencies.

Backup offer 97

Backup offer Inspection contingency Purchase and sale agreement Home sale contingency 97

HomeLight

JULY 29, 2022

There are certain properties I would immediately order a title search before I do anything else: A foreclosure , a short sale , a bankruptcy, an estate sale,” Houck says. Problem: You have a home sale contingency — and your house hasn’t sold. Get it ASAP and look it over thoroughly.

Closing 105

Closing Purchase and sale agreement Title Home sale contingency 105