Housing Wire

FEBRUARY 9, 2021

Ask for seller concessions to make up for the increased price. Change your closing date to a more convenient one for the seller. If you didn’t have the contingency, you’d have to forfeit your earnest money deposit in order to back out. Your real estate agent can help if you decide to go this route.

Earnest money deposit 482

Earnest money deposit Seller concession Loans Lending 482

Housing Wire

FEBRUARY 19, 2025

Walk your client through all the pieces of their offer, including price, inspection timelines, closing dates, contingencies and any due diligence or earnest money deposits. Explain how each of these elements can strengthen or weaken their offer through the eyes of a seller.

Closing 364

Closing Earnest money deposit Due diligence Pre-approval 364

Easy Agent Pro

SEPTEMBER 5, 2023

Submit Personalized Offer A personalized offer can significantly impact the seller’s decision-making process. Writing an Emotionally Compelling Offer Letter An offer letter lets you communicate directly with the seller and share your story and connection to the property.

Earnest money deposit 104

Earnest money deposit Seller concession Purchase and sale agreement Pre-approval 104

Redfin

FEBRUARY 18, 2025

Seller concessions (up to 4%) Now, let’s talk about seller concessions. Specifically,when you’re buying a home with a VA loan insurance (or any type of loan, for that matter), the seller can agree to contribute towards your closing costs. This is called a seller concession.

Closing costs 52

Closing costs Closing VA loan Seller concession 52

Redfin

MARCH 18, 2025

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.

Closing 43

Closing Purchase and sale agreement Earnest money deposit Seller concession 43

Realty Biz

DECEMBER 5, 2022

The buyer can have their earnest money deposit returned when this happens. Most of the time, the problems are not significant enough for a buyer to terminate but to either negotiate the price or ask the seller to complete repairs. Most of The Time, Having The Seller Make Repairs is a Mistake.

Inspection 138

Inspection Earnest money deposit Purchase and sale agreement Inspection contingency 138

Realty Biz

MARCH 27, 2022

If you want to give yourself a better chance of having your offer accepted, making it as clean and straightforward as possible will appeal to the seller. Any proposal full of contingencies or seller concessions isn’t going to look as good. Offer a Larger Earnest Money Deposit.

Purchase and sale agreement 117

Purchase and sale agreement Earnest money deposit Seller concession Finance 117