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More buyers waive the home inspection to get the deal done

Realty Biz

With buyers facing increased competition for what few properties are on the market, some are choosing to waive the home inspection. But while waiving the property inspection always used to be about making an offer more enticing and stand out in a bidding war, these days that’s not always the reason why buyers are offering it.

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Should I Waive a Home Inspection? Why Buyers Are Willing To Right Now

Realtor.com

When we finally did go under contract on this third home, we learned of another issue: Home inspectors in the area were booked for two weeks and up, but our contract stated that we had only seven days to get an inspection done. We got lucky, but it left me wondering: Is it ever OK to waive a home inspection?

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

The Close

Future development projects: Upcoming infrastructure or commercial projects can lead to increased demand and property appreciation in the near future. Bridge loans: These are primarily used for commercial assets to aid in residential property acquisition so investors dont miss out on lucrative opportunities.

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What Buyers Need to Know About Making an Offer on Active Contingent Listings

HomeLight

If a contingency isn’t met, then buyers can back out of a deal without any repercussions and they can get their earnest money back. Common contingencies include issues with appraisals, home inspections, or the buyer’s home sale. How is an active contingent listing different from a pending listing? Appraisal contingencies.

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Do the Due: A Complete Due Diligence Guide and Checklist for Homebuyers

HomeLight

Some people just focus on a home inspection and that’s not enough. Future developments: Research any commercial land purchases or leases in the area and see how they fit in with your desires. If you live in a caveat emptor state, your due diligence may need to include more specialized inspections (see below). Get an inspection.

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How to Sell Your House Fast in the Paradise That Is Pompano Beach

HomeLight

A termite bond is a warranty with a termite company that functions like a maintenance contract; for a few hundred dollars, the company will regularly inspect and provide termite control for the duration of the contract (typically 1 to 3 years). Hire a pro to conduct a pre-listing inspection.

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The Key Paperwork You Need to Sell a House, With or Without a Realtor

HomeLight

Pre-listing inspection report. Contingency removal form (CA-specific). Home inspection report. A new contract can be signed without the old contract, and the new buyer will conduct new inspections and obtain a new title insurance policy.”. Give buyers time to conduct a lead inspection. Home inspection report.