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Everything You Need to Know About Making an Offer: 15 Tips for Homebuyers

HomeLight

The seller will either accept your offer (in which case it becomes your purchase agreement ), or will counter your offer (you can accept or counter again), or the seller could also flatly decline. No sales contingency? Make sure your agent stresses that your offer doesn’t contain a sales contingency.

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8 Essential Steps to Navigating Escrow in Home Buying

Realty Biz

Escrow acts as a neutral third party that holds funds and documents until all conditions of the home purchase are met. The National Association of Realtors (NAR) conducted a survey in October 2022, revealing that approximately 7% of deals in the preceding three months got terminated before reaching the closing stage.

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First Time Selling a House Checklist

Realty Biz

From preparing your home for sale to negotiating offers, these tips will ensure a successful sale. From nearly forty years experience being a Realtor, many home sellers make significant mistakes that cost them money. Sometimes it stops their sale dead in its tracks until the errors are corrected.

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Find Cash Home Buyers in Houston for a Fast, Simple Sale

HomeLight

Do you need to connect with cash home buyers in Houston for a fast sale? Perhaps you’re relocating for your dream job in two weeks, but you don’t have the time or money to replace the roof on your University Place ranch that has sprung a leak. The newbie with little experience doesn’t have the money to keep it long term.

Sales 93
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What You Need to Know If You’re Buying a Home from the Owner

HomeLight

Is it a yard sale? No…it’s a for sale sign!!! A “for sale by owner,” or FSBO (pronounced “fizz-bo”) home, is a home that is being sold by its owner who hasn’t hired a listing agent. A “for sale by owner,” or FSBO (pronounced “fizz-bo”) home, is a home that is being sold by its owner who hasn’t hired a listing agent.

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What is Earnest Money and Why Do You Need It?

Redfin

As you close in on making an offer on a home, your real estate agent – or the seller’s agent – will ask about “earnest money.” Earnest money is a type of security deposit, also known as a “good faith” deposit, offered to show the seller of a home that you’re serious about purchasing the property.

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8 Ways Home Buyers Can Get Their Offer Accepted

Realty Biz

When you have a lot of competition from buyers to get to the under agreement stage with a seller, there isn’t much chance of success with a lowball offer. Offer a Larger Earnest Money Deposit. Your earnest money is a way of showing the seller that you are a serious buyer. Make a Strong Bid.