HomeLight

SEPTEMBER 11, 2020

Determine how much earnest money to offer. An earnest money deposit (also called a “good faith deposit”) is money that accompanies your offer and communicates your seriousness to the seller. The customary amount to put down as an earnest money deposit will vary based on your market.

Earnest money deposit 98

Earnest money deposit Purchase and sale agreement Inspection contingency Home sale contingency 98

HomeLight

OCTOBER 30, 2020

Problems come up during inspection. However, an inspection contingency will often be used by any buyer, whether they’re using financing or paying cash. Home inspections are typically optional, though they’re very common — and encouraged, with 95% of buyers getting one. But understand that inspections can delay the deal.

Closing 116

Closing Inspection contingency Title search Purchase and sale agreement 116

HomeLight

MARCH 31, 2022

FSBO sellers in Florida may want to consider getting a home inspection prior to listing their home for sale. Addressing any issues upfront helps buyers have peace of mind when making an offer and helps to prevent inspection-related closing delays. Get Estimate. Step 1: Address needed repairs and maintenance. Closing date.

Purchase and sale agreement 111

Purchase and sale agreement Inspection Title Inspection contingency 111

The Close

FEBRUARY 14, 2024

Plus, consider the fact that if an issue arises during the inspection, they can offer a credit to keep the deal moving forward. Plus, my clients nearly lost their earnest money deposit due to the delays. That’s most likely easier and faster than replacing an entire system or a big renovation.

Pre-approval 98

Pre-approval Earnest money deposit MLS Renovation 98