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

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 Seller disclosure Due diligence Inspection 52

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

HomeLight

MARCH 13, 2023

You are either replumbing the house, rewiring the house, or putting a new roof on the house prior to closing so that a financed buyer can get insurance. More certainty: With a pre-offer walk-through, a cash home buyer can generally provide a firm cash offer that comes with few contingencies, or no contingencies at all.

Sales 98

Sales Investor Due diligence Renovation 98

HomeLight

NOVEMBER 29, 2021

The flat fee company posts the listing on the MLS, and the seller is responsible for showing their home, negotiating with either the buyer or the buyer’s agent, and managing the closing timeline. Selling with an agent: Agents typically coordinate inspection appointments with the buyer’s agent and ensure that the timeline suits the seller.

Purchase and sale agreement 98

Purchase and sale agreement MLS Inspection Agents 98