Brokerage Closing costs Home sale contingency 
HomeLight
OCTOBER 30, 2020
A cash deal can close in as little as 7 days, while financed home purchases tend to take an average of 45 days to close. And if you add a home sale contingency into the mix (that is, if you need to sell your current home before you can buy a new one), closing the deal can take even longer.
HomeLight
MARCH 21, 2022
Different companies offer different amounts for homes, but the price discount can be steep. These companies can also provide a quick and flexible closing, reduce or eliminate the need for repairs, and in many cases will cover all of a seller’s closing costs. Example home trade-in companies: HomeLight Trade-In.
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HomeLight
APRIL 15, 2022
After some email back-and-forth, they get their final iBuyer offer: Offer details: 98% of what a real estate agent estimated they could earn, minus a 5% service fee, a $2,000 repair credit, and 1% in closing costs. . They find this offer to be satisfactory and are able to close in days without mortgage lender involvement.
HomeLight
JUNE 30, 2021
When the exam is passed, the real estate agent can find a sponsoring broker or a brokerage firm where they can begin working. An appraisal contingency allows the homebuyer to back out of the contract if the purchase price is more than the appraised value. Home sale contingency. Step 5: Make your asks.
HomeLight
APRIL 29, 2022
HomeLight Trade-In : Removes the stress of buying and selling a home at the same time. HomeLight works with your agent to make an offer on your current home, so you can make an offer on a new home with no lending or home sale contingency. Trade-In allows you to close and move on your timeline.
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