Remove Earnest money deposit Remove Rent back Remove Sales
article thumbnail

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

HomeLight

Your offer will be stronger if you build in some wiggle room relating to factors that might seriously entice the seller to pick you: Can you offer rent-back? No sales contingency? Make sure your agent stresses that your offer doesn’t contain a sales contingency. Determine how much earnest money to offer.

article thumbnail

Closing on a House Checklist: 6 Things Home Buyers Must Do Before They Move In

Realtor.com

If something is wrong, you can request that it be fixed—or you can back out of the sale. Financing contingency: This contingency gives you the right to back out of the deal if your mortgage approval falls through. Most sales contracts allow buyers to do a walk-through of the home within 24 hours before closing.

Closing 139
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Buy a House in San Diego: 14 Steps to Close the Sale

HomeLight

Consider factors such as how long you plan to be in the area, if you have steady employment, and if you have enough money saved for not just the down payment, but for closing costs , maintenance, property taxes, and more. Do they need to do a rent-back on the house, or do they want a quick close?

Closing 118
article thumbnail

What Is a Home Sale Contingency?

HomeLight

That means a large majority of homebuyers must consider the sale of their current home prior to buying a new one. Most often, this type of scenario calls for a home sale contingency. Find a Buyer's Agent What is a home sale contingency? Thus, the purchase agreement is “contingent” on the sale of the buyer’s existing home.

article thumbnail

I Have to Make an Offer Contingent Upon Selling My House. How Do I Sweeten the Deal?

HomeLight

This is why many buyers make offers on their new home that include a sales contingency. With a sales contingency in your offer, you won’t have to close on your new home unless you’ve sold your old home. But a sales contingency could also make it harder to get an offer accepted. Source: (LinkedIn Sales Solutions / Unsplash).

Rent back 105
article thumbnail

Find a Top-Performing, Trusted Realtor in 30 Minutes or Less

HomeLight

Top agent Dave Mattes , who completes 21% more sales than the average agent in Reading, Pennsylvania, thinks that “a good real estate agent is somebody that dedicates enough time to treat their customers well, and they have fast responses, market knowledge, and good communication.”. Do they have sales or listings pending?

article thumbnail

Find a Top-Performing, Trusted Realtor in 30 Minutes or Less

HomeLight

Top agent Dave Mattes , who completes 21% more sales than the average agent in Reading, Pennsylvania, thinks that “a good real estate agent is somebody that dedicates enough time to treat their customers well, and they have fast responses, market knowledge, and good communication.”. Do they have sales or listings pending?