Housing Wire

FEBRUARY 9, 2021

Ask for seller concessions to make up for the increased price. Change your closing date to a more convenient one for the seller. If you didn’t have the contingency, you’d have to forfeit your earnest money deposit in order to back out. Your real estate agent can help if you decide to go this route.

Earnest money deposit 482

Earnest money deposit Seller concession Loans Lending 482

Housing Wire

FEBRUARY 19, 2025

Ill share everything you need to keep the homebuying process running smoothly from your first meeting to closing and beyond. From choosing a property to navigating the closing process, youll need to do a deep dive into their wants, needs, and deal breakers. Think of this as building a roadmap for their homebuying journey.

Closing 200

Closing Due diligence Earnest money deposit Pre-approval 200

Easy Agent Pro

SEPTEMBER 5, 2023

Submit Personalized Offer A personalized offer can significantly impact the seller’s decision-making process. Writing an Emotionally Compelling Offer Letter An offer letter lets you communicate directly with the seller and share your story and connection to the property.

Earnest money deposit 81

Earnest money deposit Seller concession Purchase and sale agreement Pre-approval 81

Realty Biz

DECEMBER 5, 2022

The buyer can have their earnest money deposit returned when this happens. Most of the time, the problems are not significant enough for a buyer to terminate but to either negotiate the price or ask the seller to complete repairs. Most of The Time, Having The Seller Make Repairs is a Mistake.

Inspection 138

Inspection Earnest money deposit Purchase and sale agreement Inspection contingency 138

Realty Biz

MAY 24, 2021

What it doesn’t take is much money. You only need to put a small amount down as an earnest money deposit , and you get that money back either when the deal closes or if you put contingencies in place for it. To cover closing costs, negotiate a seller concession. House Hacking.

Earnest money deposit 124

Earnest money deposit Hard money loan Seller concession Investor 124

Realty Biz

MARCH 27, 2022

If you want to give yourself a better chance of having your offer accepted, making it as clean and straightforward as possible will appeal to the seller. Any proposal full of contingencies or seller concessions isn’t going to look as good. Offer a Larger Earnest Money Deposit.

Purchase and sale agreement 117

Purchase and sale agreement Earnest money deposit Seller concession Finance 117

Realty Biz

APRIL 20, 2022

So if you are only able to get a home loan at 5.25%, you can walk away from the deal with your earnest money deposit. If you need assistance from the seller to pay closing costs, you can add that as one of your offer terms and conditions. Closing Date. A closing date should be included in the purchase offer.

Purchase and sale agreement 104

Purchase and sale agreement Home sale contingency Earnest money deposit Inspection contingency 104