Redfin

MARCH 18, 2025

The earnest money is typically held in an escrow account – a neutral third party, such as a title company or real estate brokerage, holds onto the funds until the sale is finalized. It can cover part of your closing costs. So, can you get earnest money back at closing? You may receive a refund.

Closing 43

Closing Purchase and sale agreement Earnest money deposit Seller concession 43

HomeLight

OCTOBER 30, 2020

Or, even from a brokerage trading house, that it takes 10 or 14 days once the wire’s initiated for the money to get to the escrow company.” With cash, buyers are able to waive common contingencies, making the deal smoother and faster (not to mention sweeter for the seller). Not enough money for closing costs.

Closing 116

Closing Inspection contingency Title search Purchase and sale agreement 116

HomeLight

JUNE 24, 2022

Cost of repairs or improvements. Closing costs, including state and local taxes and fees. In other scenarios, sellers might agree to cover all or part of the buyer’s closing costs. In a sellers’ market, some buyers will even waive the inspection contingency to sweeten their offer. Agent commission.

Seller concession 104

Seller concession Closing costs Inspection Homeowner’s association 104

HomeLight

AUGUST 30, 2021

You also might consider going with an agent or brokerage with a dedicated rent-to-own program. To protect yourself, consider adding contingencies (such as an inspection contingency ) that allows you to get an inspection before you occupy the house so you’re fully aware of any existing conditions.

Purchase and sale agreement 115

Purchase and sale agreement Inspection Inspection contingency Closing costs 115

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. Inspection contingency. A professional home inspection gives the buyer the opportunity to uncover any potential problems with the house before purchasing. Step 5: Make your asks.

Purchase and sale agreement 98

Purchase and sale agreement Inspection contingency Home sale contingency Inspection 98