Redfin

MARCH 3, 2022

From appraisal issues to home inspection roadblocks, there’s a lot that can go awry before finally closing on your property. For example, a termite inspection could show that there is damage that’ll require major repairs or the appraisal value of the home comes in lower than the price you offered on the home. Clouds on the title.

Closing 63

Closing Title search Purchase and sale agreement Title 63

HomeLight

FEBRUARY 19, 2023

Or perhaps there were seller concessions that weren’t included in the price. Common contingencies include mortgage approval, the results of a home inspection or the sale of a prior home. What is the difference between pending and contingent transactions?

MLS 104

MLS Seller concession Agents Sales 104

HomeLight

SEPTEMBER 10, 2022

You may find other alternatives that are a better fit for your situation, such as: Rent out your home: You might need to sell but don’t have enough equity or money to pay the seller’s fees in order to complete the transaction. Inspection and repair fees (varies). Seller concessions (2% to 6% to financially help the buyer).

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Closing costs Agents Seller concession Closing 111

HomeLight

NOVEMBER 30, 2022

Overseeing the next steps once an offer is accepted — helping with financing approval, keeping track of timelines, explaining the inspection report. Agents know everyone — we know contractors, we know appraisers, we know banks, we know anyone you would need to know as a homeowner. Writing an offer and handling negotiations.

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Agents Purchase and sale agreement Technology Seller concession 111

HomeLight

MAY 25, 2023

Not having agent representation could also lead to paying more in seller concessions. Richter cautions FSBO sellers that private appraisals may differ from bank appraisals. “I You also don’t want to make the common FSBO mistake of letting home inspection issues delay or even kill a deal.

MLS 105

MLS Pre-approval Agents Sales 105

HomeLight

NOVEMBER 21, 2022

Not having agent representation could also lead to paying more in seller concessions. In addition, Johnson explains, “You need to know that the loan is good, or they have the cash in the bank if they’re paying cash.”. Another thing is an inspection. Marketing your home is time-consuming.

MLS 105

MLS Agents Sales Land 105

HomeLight

NOVEMBER 21, 2022

Not having agent representation could also lead to paying more in seller concessions. However, Richter cautions FSBO sellers that private appraisals may differ from bank appraisals. “I Don’t make the mistake made by some FSBO sellers in South Carolina of letting home inspection issues delay or even kill a deal.

Purchase and sale agreement 102

Purchase and sale agreement MLS Pre-approval Agents 102

HomeLight

MARCH 23, 2022

In the preapproval process, you’ll usually submit documentation of your financial details, which can include bank statements, W-2s, a credit check, two years of tax returns, verification of your down payment funds, and more. Sellers likely have more than one buyer lined up, all with their best offers on the table. Preapproval.

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Pre-approval Marketing Inspection Finance 105