Remove Blind offer Remove Inspection contingency Remove Mortgages
article thumbnail

Survey: Almost Half of Recent Homebuyers Made an Offer Sight-Unseen, the Highest Share on Record

Redfin

In New York City, some sellers aren’t even allowing buyers into their homes until they’ve been pre-approved for a mortgage, according to local Redfin agent Martin Freiman. . Intensifying competition is also contributing to the uptick in sight-unseen offers. Sight-unseen offers can also pose risks to sellers.