Remove Closing costs Remove Inspection contingency Remove Land
article thumbnail

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

Realtor.com

These are the most common contingencies that are part of your new home closing process: Home inspection contingency: This gives buyers the right to have the home professionally inspected. It’s rarely advisable to waive an inspection contingency. Clear the title.

Closing 139
article thumbnail

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

HomeLight

With cash, buyers are able to waive common contingencies, making the deal smoother and faster (not to mention sweeter for the seller). However, an inspection contingency will often be used by any buyer, whether they’re using financing or paying cash. Not enough money for closing costs.

Closing 116
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Buying Your House With Cold, Hard Cash? Here’s Your Step-by-Step Guide

HomeLight

A contingency means that you’re willing to purchase the home contingent on certain details checking out. Though you won’t need a financing contingency, you should consider an inspection contingency and an appraisal contingency. Consider getting a land survey.

article thumbnail

Here’s How You Can Make an Offer On a House Without a Realtor® in 9 Steps

HomeLight

There’s more that goes into making an offer besides landing on a purchase price. In some states, an attorney will oversee the closing of the sale instead of a title company; if you’re going it alone, regardless, it’s a good idea to think about hiring one. Step 1: Land on your offer price. Inspection contingency.

article thumbnail

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.

article thumbnail

How to Find & Buy for Sale by Owner (FSBO) Homes in 6 Steps

The Close

This method caters to a broad spectrum of properties, from commercial real estate to undeveloped land. Home inspection checklist (Source: Zillow) During the purchase process, there can be something called an inspection contingency period. In this arrangement, the seller effectively assumes the role of the financier.

Sales 52
article thumbnail

How to Get Cash for Your Home: A Step-by-Step Guide

HomeLight

When looking for properties to buy, he focuses on single- and multi-family homes rather than vacant land or mobile homes because they allow for “value-add.”. Closing costs. According to Shipwash, some home-buying companies will agree to pay all of the closing costs , which could save you thousands of dollars.