Housing Wire
MARCH 22, 2021
And waiving the financing contingency is the second-most effective bidding-war strategy, Redfin officials said – improving homebuyers’ odds of winning by 66%. This, in turn, significantly cut the number of new builds in the country – meaning, if someone was looking to buy a home, they most likely focused on existing lots.
HomeLight
OCTOBER 30, 2020
The “as is” label signals that as the seller, you aren’t willing to negotiate on price no matter what comes up in the inspection. However, a buyer could still include an inspection contingency in the contract. Additionally, waiving the inspection contingency makes for a more compelling offer to most sellers.
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Realtor.com
SEPTEMBER 18, 2020
” Why people are waiving home inspections during the COVID-19 era. Offers that waive a home inspection contingency can be more attractive to home sellers since there’s less likelihood that the buyers will find some expensive problem that they’ll demand is fixed before they move forward. What about condos?
Realty Biz
DECEMBER 31, 2020
Even if significant new construction begins in the next couple of months (unlikely), it won’t create an increase in inventory until at least late 2021. Not common, but what some buyers are beginning to do is waive appraisal and inspection contingencies to make their offers more attractive to home sellers. According to the U.S.
HomeLight
MAY 28, 2021
Issues beneath the flooring or behind the drywall won’t be uncovered by a regular inspection, but inspectors will alert buyers of any questionable, tell-tale signs that may need to be further investigated by a specialist. Many new construction homes come with a home warranty from the builder. This isn’t recommended.
RIS Media
MAY 19, 2021
Not all sales will have contingencies with them, but most will. Common real estate contingencies include the following: Inspection Contingencies. The most common contingency is the home inspection contingency. Sometimes these “Coming Soon” statuses are limited in the MLS to a few weeks.
HomeLight
SEPTEMBER 1, 2022
However, smaller projects like replacing gutters or adding a fence could also be considered unpermitted additions if your area’s zoning or building boards require owners to acquire a permit before beginning construction. “It Building codes are minimum standards that ensure public health and safety. Walk away from the sale.
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