Remove Inspection contingency Remove Renovation Remove Staging
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Real Estate Pending Vs. Contingent: MLS Lingo Explained for Sellers

HomeLight

In the meantime, with a “Contingent” status, the seller is typically allowed to continue showing the home and accept backup offers in the event something goes awry. So what are the contract stipulations that put a listing into that “Contingentstage, and how common is it for a property to hang in closing limbo?

MLS 105
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Countdown to Closing: How Long Does it Typically Take to Sell a House?

HomeLight

If your home is overdue for some repairs or renovations that you opted to skip, that could deter buyers who are looking for something that’s move-in-ready. Resist the urge to do major renovations. Condition of the home. Uncovering previously unknown defects with the home will also trigger price negotiations and concessions,” Liu adds.

Closing 122
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How Real Estate Agents Can Help Home Buyers Navigate Emotional Decisions

McKissock

For instance, they might feel more settled about the property they buy if they attend the inspection and know that the home has good bones. Add a home inspection contingency clause to the contract as well for further peace of mind. . Kitchens can be renovated and landscaping redone. Have Patience.

Agents 87
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5 Keys To Know About an ‘As Is’ Home Sale Before You Try One

HomeLight

According to the 2020 Profile of Home Buyers and Sellers from the National Association of Realtors (NAR), 44% of buyers who purchased new homes did so to avoid renovations and problems with plumbing or electricity. Buyers fear inheriting a house with a host of hidden problems. Enter real estate disclosures. How to get a cash offer.

As-is 111
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How to Get Cash for Your Home: A Step-by-Step Guide

HomeLight

They can purchase a property at a discount, providing value through a quick sale to the owner, and leverage their funds and expertise toward a profitable renovation. If the whole house has been renovated recently and the seller wants full market value, they’re typically better off working with an agent.”. Inspection period.

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How to Sell a House by Owner in Florida (2022 Updates)

HomeLight

Step 3: Declutter, clean, stage, and add curb appeal. You may also want to consider strategically staging your home so that buyers can envision how each space could be used. One survey of Realtors® found that staging can increase the sales price of a home by 1% to 5%, and 31% agree that a staged home sells significantly faster.

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How to Sell a House by Owner in Arizona (2022 Updates)

HomeLight

Step 3: Declutter, clean, stage, and add curb appeal. You may also want to consider strategically staging your home so that buyers can envision how each space could be used. One survey of Realtors® found that staging can increase the sales price of a home by 1% to 5%, and 31% agree that a staged home sells significantly faster.