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A homebuyer’s personal story from the post-Sitzer, post-settlement world

Housing Wire

As a real estate reporter, it was not lost on me that the formal start of my house hunt would coincide almost perfectly with the real estate industry working through the nationwide implementation of the business practice changes outlined in the National Association of Realtors ‘ (NAR) commission lawsuit settlement agreement.

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Pending legislation would end home inspection waivers in Massachusetts

Housing Wire

The bill essentially negates as a negotiating tool the waiving of the home inspection contingency , which makes an offer for a home contingent on the results of an inspection. That’s just the nature of the beast — the cyclic nature of the home-inspection profession.” and Canada. Department of Education.

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NAR: Cooldown Persists as July Pending Home Sales Dip 1.8%

RIS Media

According to the report, 27% of buyers bypassed appraisal and inspection contingencies in July. What the industry is saying: “The market may be starting to cool slightly, but at the moment there is not enough supply to match the demand from would-be buyers. Regional Breakdown: Northeast . MoM — Now 92.0 West. +1.9%

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Think The Cash Closing Process Is Always Fast? 11 Delays Buyers Should Watch Out For

HomeLight

With cash, buyers are able to waive common contingencies, making the deal smoother and faster (not to mention sweeter for the seller). However, an inspection contingency will often be used by any buyer, whether they’re using financing or paying cash.

Closing 116
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How Much Do Unexpected Projects Cost New Homeowners?

RIS Media

“That sticker shock may be increasingly common in a competitive market where buyers are dropping inspection contingencies as a strategy to win a bidding war.

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Killer Tips For Negotiating a Home Inspection

Realty Biz

Let's look at what you need to know about home inspection negotiations. How to Negotiate Problems Found at a House Inspection. What Will Happen After a Home Inspection? The home inspection contingency in a real estate contract allows the buyer to back out of the sale when there are issues.

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What Is a Real Estate Transaction Coordinator?

The Close

However, one unsung hero of the real estate industry is the real estate transaction coordinator. Transaction Coordinator Skills Needed to Succeed Coordinators should understand the real estate industry to excel in their role. Deadline tracking: Monitor and communicate critical inspections, contingencies, and closing deadlines.