Remove Earnest money deposit Remove Inspection Remove Sales
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From consultation to closing: The definitive homebuying checklist

Housing Wire

Clarify key steps like inspections, appraisals, and the importance of meeting deadlines and any impacts of missing them. Review comparable sales: Show your clients how a comparative market analysis (CMA) will be used to help them make an offer and determine the fair market value (FMV). Encourage your buyers to keep an open mind.

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Killer Tips For Negotiating a Home Inspection

Realty Biz

One of the most vital phases of buying a house is having it inspected. Home inspections over the last few years were few and far between. The crazy hot seller's market forced many home buyers into forgoing their inspection. It has led to home inspections coming back in vogue again.

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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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10 Ways Agents Can Help Buyers Win More Offers in a Competitive Spring Market

BAM Media

A Strong Earnest Money Deposit A standard deposit is 5%, but serious buyers should consider going higher10%, 15%, or even more. The bigger the deposit, the stronger the commitment. Sellers want certainty, and a significant deposit shows that your buyer is serious.

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Who Pays for the Home Inspection: Buyers or Sellers?

Redfin

When buying or selling a home, the home inspection process plays a pivotal role in determining the condition of the property. One of the most common questions that come up during this phase is: who pays for the home inspection? What is a home inspection? A home inspection is a thorough evaluation of a propertys condition.

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A Seller’s Guide To When A Buyer Does and Doesn’t Get Their Earnest Money Back

HomeLight

Suppose the inspection uncovers issues that are unacceptable to the buyer. If the financing fails, the buyer can pull out of the contract with a full refund for earnest money as long as it’s before the specified deadline. The Home Sale Contingency typically stipulates the buyer will not pay two mortgages at the same time.

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Most Home Purchase Agreements Are Contingent on These Two Items

HomeLight

Most purchase agreements are contingent on two key items: home inspection and financing. Essentially, they provide a way to back out of the sale if specific criteria aren’t fulfilled without facing penalties. Among the various types of contingencies, two stand out in most home purchase agreements: home inspection and financing.