HomeLight

JANUARY 13, 2022

Common contingencies include issues with appraisals, home inspections, or the buyer’s home sale. In other words, the primary deal on an active contingent listing might (maybe) fall through, causing sellers to place their home back on the market — or accept a backup offer. “I Inspection contingencies.

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

HomeLight

JUNE 30, 2021

Even as an agent with over 400 homes under my belt and 11 years of experience, I would never buy in a market in which I’m not licensed without a real estate agent,” says Jessica Arledge , a top agent who works with over 76% more single-family homes than the average Savannah agent. Inspection contingency. Who are you?

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Purchase and sale agreement Inspection contingency Home sale contingency Inspection 98

HomeLight

JULY 31, 2021

If the whole house has been renovated recently and the seller wants full market value, they’re typically better off working with an agent.”. Step 2: Research your local cash buyer market. This can save you time and money —a study we conducted found that on average, homeowners spend nearly $5,500 prepping their home for the market.

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Earnest money deposit Inspection Inspection contingency Title 98

HomeLight

MARCH 16, 2023

We’ve gathered insights from real estate experts to create this guide for navigating Houston’s cash home buyer market so you can sell your property in as fast a time frame as you require. But newcomers who invested in Houston’s sizzling real estate market are backing off during the downturn. Need to Sell Your House Fast in Houston?

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Sales Purchase and sale agreement Earnest money deposit Investor 93

HomeLight

NOVEMBER 9, 2021

The recent housing market has been hot and competitive due to an extreme lack of inventory. For a seller in a hurry, the shortage of homes means you can anticipate fewer days on market (DOM). That said, the number of days your home is on market depends on several factors, such as: The location of your home. Days on Market.

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Purchase and sale agreement Home sale contingency Title search Inspection 105

HomeLight

OCTOBER 29, 2020

The need for a competitive offer is stronger than ever these days, when experts nationwide agree that the events of 2020 have created a robust seller’s market. This means buyers need to come prepared with enticing offers and the capacity to quickly follow through, and nothing can sideline an otherwise stable deal like tricky contingencies.

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Purchase and sale agreement Pre-approval Earnest money deposit Inspection 81

HomeLight

JULY 31, 2020

If all else fails and the repairs are too significant, it’s important to have an inspection contingency in the contract that allows the buyer to cancel the deal after evaluating the inspection report without losing their earnest money deposit. Asking for a home warranty to cover questionable or outdated features.

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Closing Purchase and sale agreement Title search Earnest money deposit 119