The Residential Specialist

AUGUST 31, 2023

And the way that worked was it was a cash buyer, and we were able to lease the property back to the seller because he’s building a new construction, which won’t be ready until the end of July.” Is there a way to put down more— a higher, nonrefundable, earnest money deposit?

Earnest money deposit 98

Earnest money deposit Debt-to-income ratio New Construction Equity 98

Redfin

JUNE 21, 2023

Collaborating with an experienced property inspector can help identify potential issues and prevent costly surprises down the line. Lastly, establishing relationships with reputable contractors and property managers can streamline property renovations and day-to-day operations. ” 11.

Due diligence 59

Due diligence Earnest money deposit Investor Inspection 59

HomeLight

JANUARY 27, 2021

Does your would-be agent have a seemingly endless rolodex of all the best lenders, contractors, inspectors, and property managers in the area? Sweeten the pot with earnest money. Like, for example, by offering more earnest money! A great agent also has relationships across the industry. Ask for references.

Closing costs 119

Closing costs Inspection Loans Earnest money deposit 119

AAOA

MARCH 20, 2025

If you back out after the due diligence period, you could lose your earnest money deposit. Always negotiate a period that gives you enough time to do thorough research. What are the consequences if a buyer backs out after the due diligence period? You might also face legal action from the seller.

Due diligence 52

Due diligence Title search Purchase and sale agreement Earnest money deposit 52