Realty Biz

JULY 25, 2023

Besides a home inspection contingency, some common contingencies include: Appraisal contingency: This contingency allows the buyer to back out of the sale if the property doesn't appraise for the agreed-upon price. For example, if the buyer is unable to get financing, the seller can back out of the sale.

Sales 87

Sales Inspection Inspection contingency Backup offer 87

HomeLight

JUNE 30, 2021

There are a number of factors to consider, and you’ll need to assess your finances and take your priorities into account. Contingencies are certain conditions that must be met before the closing date and typically relate to financing, inspections, appraisals, and home sale. Financing contingency.

Purchase and sale agreement 98

Purchase and sale agreement Inspection contingency Home sale contingency Inspection 98

Hank Miller Team

DECEMBER 1, 2021

Buyers were/are so stressed to secure a home that some toss caution to the wind; overpaying, waiving finance contingencies, inspection contingencies and more. The frenzied real estate market of '20-'21 exacerbated the issues found in normal markets.

Inspection contingency 52

Inspection contingency Due diligence Seller disclosure Inspection 52

HomeLight

AUGUST 16, 2021

You can also ask your agent to talk to the listing agent about the seller’s reasons for wanting to move now. Your lender may require the house to meet certain livability standards, so you might not be able to get financing for an as-is home. Add an inspection contingency. Look at deed and land records for red flags.

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As-is Title Inspection Inspection contingency 122

HomeLight

FEBRUARY 28, 2021

Minimal seller disclosures. Virginia requires a seller to disclose material defects , but not latent defects. Waive home inspection contingencies — but NOT the home inspection. Waive appraisal and finance contingencies. Offer a rent-back clause to the seller.

Earnest money deposit 105

Earnest money deposit Land Residential Inspection contingency 105

HomeLight

OCTOBER 20, 2022

This establishes your ownership, along with details such as purchase price and previous seller disclosures. Many FSBO sellers will purchase a pre-listing appraisal. Home inspection report. Decide if you can comply with a buyer’s contingencies. Stand by for inspection. Original sales contract.

Purchase and sale agreement 111

Purchase and sale agreement Pre-approval Inspection Title 111

HomeLight

MARCH 31, 2022

Disclosures: . Arizona law requires sellers to disclose material facts about the property through the Residential Seller Disclosure. Let’s review some of the top points of negotiation you may encounter: Contingencies. Is a real estate attorney required? . Closing date.

Purchase and sale agreement 110

Purchase and sale agreement Inspection Inspection contingency MLS 110