Remove Earnest money deposit Remove Finance Remove MLS
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Agent commissions are being negotiated more often, but it’s a ‘tale of two markets’

Housing Wire

Like with the amount of earnest money deposit or including an inspection contingency, the amount the buyer is asking the seller to pay her agent is a term that impacts the strength of the offer,” Redfin chief economist Daryl Fairweather said in a statement. “We’ve 17, is down only slightly from 2.62% in January.

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From consultation to closing: The definitive homebuying checklist

Housing Wire

Showings: Explain how you, as the agent, will find and send properties through MLS searches and set expectations for how you will conduct property tours. Offers: Outline how making a competitive offer will work, including how price, contingencies, due diligence funds, and earnest money will impact how the seller views an offer.

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What Does ‘Under Contract’ Mean on a Home Listing?

HomeLight

Oriana Shea , a top-rated agent in California who has been helping homebuyers for 26 years, says that, depending on local multiple list service (MLS) rules and where the property is located, a listing might actually be tagged as “contingent” rather than under contract. What contingencies might be attached to ‘under contract’ listings?

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Are HUD Homes a Good Deal? How to Tell If the Properties Are a Fit

HomeLight

You’re finally ready to purchase a home and after doing some research online, you think that exploring your options around how to buy a HUD Home might be a good fit for your lifestyle and finances. The HUD Home Store site is updated more frequently, while you may still see HUD properties on the MLS that are no longer available.

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Contingent vs. Pending: Real Estate Lingo Explained

RIS Media

” There are other statuses in the MLS listings like “Pending,” “Contingent,” “Coming Soon” and “Expired.” Two important statuses in the MLS are “Contingent” and “Pending.” Financing or Mortgage Contingencies. What Other MLS Statuses Are There?

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How to Make Your Offer More Competitive!

CT Homes

If you are using lender financing, the more money down the more likely your loan will be accepted. In addition to down payment on your loan you should consider increasing your Earnest Money Deposit (EMD). This is money that you potentially stand to lose if you back out of the deal without justification.

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What Does Contingent Mean in Real Estate Sales

Realty Biz

They will also get their earnest money deposit back , and the home will go back on the market. The Mortgage Financing Contingency. Maybe they have an unsubstantiated cash deposit ? There is always confusion among what the various statuses mean in MLS, not just contingent. These appraisal tips will help.