HomeLight

JUNE 16, 2023

In many instances, a homeowner needs to use equity from their existing home to buy their next residence. That can mean adding a home sale contingency to their offer, which makes it weaker and less attractive to sellers, or finding temporary housing between transactions. of their home’s final purchase price.

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Home sale contingency Staging Loans Closing 98

HomeLight

JULY 29, 2022

So get a contract, then call for a home inspection, and then call the insurance company — those are the calls that you make before you do anything else.”. Maybe inspection repairs haven’t been completed as promised or expected. Problem: There’s a problem with an inspection.

Closing 105

Closing Purchase and sale agreement Title Home sale contingency 105

HomeLight

NOVEMBER 10, 2021

Some iBuyers will perform an inspection and may reduce their offer price based on what they find out about the home’s condition. iBuyers don’t plan to live in your home; after they make a purchase, they resell the home — in some cases after making light repairs. Real estate brokerage Redfin, which lists homes for a 1.5%

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Home sale contingency Sales Closing Short sale 118

HomeLight

JULY 26, 2022

In a best case scenario, negotiations go smoothly, the inspection doesn’t reveal any major issues, the appraisal comes in right where it should, and the whole process is very efficient (we’ll get into what could create some hiccups later on). When you make an offer, be sure to include any contingencies that you want fulfilled.

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Earnest money deposit Purchase and sale agreement Title Inspection 115

Realty Biz

JULY 1, 2023

Providing documentation of pre-approval - Providing proof of pre-approval from a lender will show that they're ready and willing to lend money when needed during escrow. During this stage, the buyer needs to conduct thorough inspections, including professional assessments of the home's structure, systems, and potential issues.

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Purchase and sale agreement Earnest money deposit Title search Pre-approval 77

HomeLight

MARCH 31, 2022

Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes. FSBO sellers in Florida may want to consider getting a home inspection prior to listing their home for sale.

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Purchase and sale agreement Inspection Title Inspection contingency 111

HomeLight

MARCH 31, 2022

FSBO sellers in Arizona may consider getting a home inspection prior to listing their home for sale. However, be aware that if you get a pre-listing inspection, you will be required to share relevant findings with buyers and how you did or did not address them. Negotiate inspection items (if applicable).

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Purchase and sale agreement Inspection Inspection contingency MLS 110

HomeLight

JULY 6, 2022

Your agent will list your home for 45 days to see if you get an offer that beats the all-cash offer provided by RealSure. If you accept the RealSure cash offer (you can do this at any point during the 45-day process), the company will conduct a standard home inspection.

Purchase and sale agreement 110

Purchase and sale agreement Agents Finance Inspection 110

Redfin

MARCH 3, 2022

From appraisal issues to home inspection roadblocks, there’s a lot that can go awry before finally closing on your property. For example, a termite inspection could show that there is damage that’ll require major repairs or the appraisal value of the home comes in lower than the price you offered on the home.

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Closing Title search Purchase and sale agreement Title 63

HomeLight

MARCH 21, 2022

Generally trade-in companies will offer to buy your current home, freeing up your funds to buy a new home and removing the need for a home sale contingency. Example home trade-in companies: HomeLight Trade-In. Some home-buying companies focus on purchasing houses in specific regions, states, and cities.

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Home sale contingency Closing costs Investor Closing 105

HomeLight

APRIL 29, 2022

HomeLight Trade-In : Removes the stress of buying and selling a home at the same time. HomeLight works with your agent to make an offer on your current home, so you can make an offer on a new home with no lending or home sale contingency. Home Estimate : Use this resource to research your home value.

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Agents MLS Home sale contingency Closing 105