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From consultation to closing: The definitive homebuying checklist

Housing Wire

Walk your client through all the pieces of their offer, including price, inspection timelines, closing dates, contingencies and any due diligence or earnest money deposits. Your role as their agent is to ensure every offer is presented professionally to give your clients the best chance at landing their dream home.

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Closing on a House Checklist: 6 Things Home Buyers Must Do Before They Move In

Realtor.com

If the appraised value is less than the sale price, the contingency enables you to back out of the deal without forfeiting your earnest money deposit , says Bishoi Nageh , president of the Petra Cephas Team at Mortgage Network Solutions, in Somerset, NJ. Clear the title.

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Your Ultimate Guide to Buying a Home in Connecticut in 14 Steps

HomeLight

Consider factors such as how long you plan to be in the area, if you have steady employment, and if you have enough money saved for not just the down payment, but for closing costs , maintenance, property taxes, and more. Homebuyers in Connecticut pay an average of just over $2,700 in closing costs when purchasing a home.

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How to Read a Settlement Statement When Selling a Home

HomeLight

Sellers can expect to pay between 6%-10% of the final sale price in commissions and closing costs, so it’s nice to see exactly where that money is going. However, the settlement form developed by the trade group ALTA (American Land Title Association) is widely used across the nation for real estate transactions.

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Think The Cash Closing Process Is Always Fast? 11 Delays Buyers Should Watch Out For

HomeLight

Not enough money for closing costs. More than half of buyers are surprised by the amount of their closing costs when it comes time to seal the deal on a new home. Hopefully, you already factored in closing costs — which can tack on between 2% and 5% to your new home’s purchase price.

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17 Home Closing Delays and How You Can Avoid Them

HomeLight

If this problem can’t be resolved, an appraisal contingency in the contract allows the buyer to cancel the agreement and retain their earnest money deposit. The home inspection is one of the most important steps in the purchase process and one of the strongest variables that can affect closing. Closing costs.

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You’re Not Alone! An 11-Step Guide To Making Your Best Offer With a Realtor?

HomeLight

Closing costs? within the HomeLight platform, you may see designations such as Certified Residential Specialist, Accredited Buyers Representative, Seller Representative Specialist, Military Relocation Professional, Accredited Land Consultant, Seniors Real Estate Specialist, and more. Contingencies? Contract clauses?