Realty Biz

MARCH 13, 2024

Remember that appraisals align with market value, not simply what you offer, which could jeopardize financing. If waiving inspection contingencies, have the home pre-inspected so you enter informed on its condition. Consider keeping your finance contingency for your protection.

Pre-approval 91

Pre-approval Marketing Inspection Closing costs 91

HomeLight

SEPTEMBER 22, 2020

With everything from 50% down to closing cost assistance, the offers ran the gamut. 260,000 offer with financing and inspection contingency, 60-day close. 248,000 offer with all contingencies waived, 30-day close. Then, it’s back to square one and racking up days on market.

Earnest money deposit 98

Earnest money deposit Inspection contingency Closing Inspection 98

HomeLight

APRIL 21, 2022

If specific criteria aren’t met, the deal can fall through; i.e., the sale is contingent upon various factors outlined in the offer. Therefore, the fewer contingencies tied to an offer, the more likely the deal will reach closing. Common contingencies include an inspection contingency and an appraisal contingency.

Inspection contingency 111

Inspection contingency Home sale contingency Pre-approval Agents 111

HomeLight

JANUARY 27, 2021

Don’t forget to budget for closing costs. Closing costs are one-time costs that go along with your home purchase, and you pay them on — you guessed it — closing day. They only think of what the lender might charge them for an appraisal, but there’s a ton more involved with closing costs.”.

Closing costs 119

Closing costs Inspection Loans Earnest money deposit 119

HomeLight

APRIL 28, 2023

Fast Facts About Selling a House in Texas Median sales price $334,400 (February 2023) Average days on market 56 days (February 2023) Are FSBO yard signs allowed? A contingency-free contract is rare, but in a seller’s market, buyers are more likely to waive one or more to strengthen their offer.

Purchase and sale agreement 102

Purchase and sale agreement Inspection Title Inspection contingency 102

HomeLight

JANUARY 3, 2023

Higher interest rates have been cooling the housing market nationwide, and real estate in Colorado is no exception. Inventory is starting to rise along with the average number of days on market as of September 2022. Average days on market : 46 (November 2022). Closing costs. Closing date.

Purchase and sale agreement 115

Purchase and sale agreement Inspection Inspection contingency MLS 115

HomeLight

MARCH 31, 2022

Average days on market : 36 (April 2022). Price is a major factor, as are other details of the agreement such as whether you’ll cover any of the buyer’s closing costs, when you’ll agree to move out, and which contingencies will be included in the contract. Closing costs. Closing date.

Purchase and sale agreement 110

Purchase and sale agreement Inspection Inspection contingency MLS 110