Realty Biz

SEPTEMBER 23, 2020

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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Inspection Inspection contingency Commercial Residential 112

Realtor.com

SEPTEMBER 18, 2020

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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Inspection Earnest money deposit Inspection contingency New Construction 145

HomeLight

JANUARY 13, 2022

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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Backup offer Inspection contingency Purchase and sale agreement Home sale contingency 97

The Close

MARCH 11, 2025

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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Sales Due diligence Investor Finance 52

HomeLight

MARCH 30, 2021

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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HomeLight

SEPTEMBER 29, 2021

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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Inspection Inspection contingency Agents Closing 96

HomeLight

FEBRUARY 28, 2021

A home inspection can help buyers get a good grasp of the home’s condition. Waive home inspection contingencies — but NOT the home inspection. Waive appraisal and finance contingencies. Virginia requires a seller to disclose material defects , but not latent defects. “In Offer a rent-back clause to the seller.

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Earnest money deposit Land Residential Inspection contingency 105