Remove Earnest money deposit Remove Inspection contingency Remove Seller concession
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Killer Tips For Negotiating a Home Inspection

Realty Biz

How to Negotiate Problems Found at a House Inspection. What Will Happen After a Home Inspection? The home inspection contingency in a real estate contract allows the buyer to back out of the sale when there are issues. The buyer can have their earnest money deposit returned when this happens.

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Can You Get Your Earnest Money Back at Closing?

Redfin

If your earnest money deposit is higher than your required cash-to-close amount, youll get the excess back. If your earnest money is higher than your closing costs, the extra amount will be refunded. You received seller concessions or lender credits. Youre using a no-down-payment loan.

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What Are Common Terms and Conditions in a House Offer

Realty Biz

Let’s look at the most common contingencies in an offer and what they mean to buyers and sellers. Common Contingencies Found in an Offer to Purchase. Home Inspection Contingency. One of the most common terms in an offer is the home inspection contingency clause.

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16 Tips to Win a Bidding War on a House

The Close

Offer a Sizeable Down Payment Make a big impression by offering a large earnest money deposit (EMD) to hold the contract. That showed the sellers that my clients were more invested and serious about purchasing the home. But every little concession is important when you’re in a bidding war on a house.