HomeLight

JANUARY 28, 2022

We buy houses” companies are flippers who purchase properties “as is” for cash and renovate them, generating a profit at resale. We buy houses” operations are cash buyers or house buying companies that purchase homes directly from homeowners. Need a quick sale? But no one wants to be taken advantage of, conned, or ripped off. “We

Purchase and sale agreement 111

Purchase and sale agreement Investor Agents Sales 111

HomeLight

SEPTEMBER 11, 2020

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.

Earnest money deposit 98

Earnest money deposit Purchase and sale agreement Inspection contingency Home sale contingency 98

HomeLight

MAY 24, 2021

Home sales have skyrocketed, and home inventory is historically low. Since sellers always want to choose the strongest offer possible, they want to feel confident the deal won’t fall through if the buyer can’t secure appropriate financing. It allows the buyer to back out of the deal if the home doesn’t appraise at the purchase price.

Pre-qualification 111

Pre-qualification Pre-approval Purchase and sale agreement Loans 111

HomeLight

MARCH 28, 2022

Simple Sale provides cash offers for homes nationwide for when a traditional listing doesn’t work. If you purchased the home recently, such as a year or two ago, it’s possible you haven’t built up much equity yet. Look-back: You did not exclude the gain from the sale of another house within two years from the sale of this house.

Purchase and sale agreement 119

Purchase and sale agreement Agents Equity Staging 119

Windemere Selling

SEPTEMBER 1, 2021

On the other hand, it creates a gap of residence, often leaving homeowners wondering where they’ll stay until they move into their new home or whether they may need to rent before they can buy again. Sellers may also negotiate a rent-back agreement with the buyers, allowing them to rent the house from the new owners before they move in.

Purchase and sale agreement 52

Purchase and sale agreement Rent back Loans Agents 52

Redfin

MAY 7, 2021

In a seller’s market, you may be tempted to put an offer on a home that’s contingent on the sale of your current home. Another option to consider is gap financing such as a Home Equity Line of Credit (HELOC) or a Bridge Loan. You can also consider requesting a rent-back agreement from potential homebuyers.

Purchase and sale agreement 80

Purchase and sale agreement Marketing Equity Loans 80

Redfin

FEBRUARY 2, 2021

A seller’s market is when there are more homebuyers in a particular area looking to purchase a home than actual houses listed for sale. If you don’t have to use a lender, there’s no financing contingency, which shows the sellers that you will most likely not pull out of the deal due to financial issues. However, even if the U.S.

Pre-approval 66

Pre-approval Purchase and sale agreement Marketing Inspection contingency 66

Realty Biz

MAY 16, 2022

With so few homes for sale, buyers are fighting over each property that hits the market. When a buyer doesn’t want to be on the hook for a significant disparity between the purchase price and appraised value, they can offer an appraisal gap clause instead. Remove Your Mortgage Financing Contingency. Final Thoughts.

Earnest money deposit 96

Earnest money deposit Purchase and sale agreement Rent back Inspection 96