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Should I Waive a Home Inspection? Why Buyers Are Willing To Right Now

Realtor.com

” Why people are waiving home inspections during the COVID-19 era. Offers that waive a home inspection contingency can be more attractive to home sellers since there’s less likelihood that the buyers will find some expensive problem that they’ll demand is fixed before they move forward. What about condos?

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Contingent vs. Pending: Real Estate Lingo Explained

RIS Media

.” There are other statuses in the MLS listings like “Pending,” “Contingent,” “Coming Soon” and “Expired.” ” What do they mean and how will they affect your home sale? One of the most confusing things for buyers and sellers to understand is what contingent means vs. pending.

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Home, Sour Home: How Homebuyers Can Avoid a ‘Lemon’

HomeLight

But there are protections in place that are designed to prevent the sale of a “lemon” house equivalent. Issues beneath the flooring or behind the drywall won’t be uncovered by a regular inspection, but inspectors will alert buyers of any questionable, tell-tale signs that may need to be further investigated by a specialist.

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Real Estate Pending Vs. Contingent: MLS Lingo Explained for Sellers

HomeLight

So what are the contract stipulations that put a listing into that “Contingent” stage, and how common is it for a property to hang in closing limbo? Here are 5 common contingencies in real estate contracts: Inspection contingency A buyer and their lender understandably want a home inspection to make sure they’re not investing in a lemon.

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Closing Documents for Buyers: 15 Closing Documents to Bring, See, Sign

HomeLight

A rider is also known as an addendum , and it’s pretty standard to see riders included in the sales contract. The sales contract should have a home inspection contingency that outlines the options both the seller and buyer have regarding repairs. This tax is generally equal to a percentage of the sales price of the home.

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A Fail-Proof System for Estate Sale Listing Success

HomeLight

But when it’s an estate sale, emotions can run even higher. He is the broker and owner of Proof Real Estate in San Francisco, California where he specializes in estate sales. On today’s episode, we’re gonna talk about Craig’s five-step formula for estate sale listing success.

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NYC Real Estate Market 2020 Overview

Marco Santarelli

Let us first find out the latest news about the housing market of New York City, which has been the epicenter of this pandemic. Our main focus would be on the last month's housing prices and sales statistics in NYC. The median sales price in the NYC hit $718,000 in June for the highest figure year-to-date. percent to 5.1

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