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Closing on a House Checklist: 6 Things Home Buyers Must Do Before They Move In

Realtor.com

These are the most common contingencies that are part of your new home closing process: Home inspection contingency: This gives buyers the right to have the home professionally inspected. It’s rarely advisable to waive an inspection contingency. Your home inspection reports. Clear the title.

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Buying Your House With Cold, Hard Cash? Here’s Your Step-by-Step Guide

HomeLight

Though you won’t need a financing contingency, you should consider an inspection contingency and an appraisal contingency. Get an inspection. It’s time to make sure there aren’t any hidden problems with your soon-to-be new home by scheduling an inspection. Consider getting a land survey.

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

HomeLight

Problems come up during inspection. One of the big benefits of cash that’s constantly touted is that it allows you to remove contingencies from the deal. Contingencies are clauses in real estate contracts stipulating that certain conditions must be met before the deal can close. Think of it as an official map of the property.

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What Does Pending Mean in Real Estate?

HomeLight

You’re browsing home listings, and your eyes land on a beautiful house in your price range. We’ll also share tips on how you can make a strong, non-contingent offer so you’re not stuck in the pending zone. This can mean that the buyer’s financing is approved, the inspection contingency is met, or any appraisal concerns are resolved.

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Sell Your House Fast in Milwaukee With Tips From Local Real Estate Experts

HomeLight

Simmons says that the Milwaukee seller’s market is so hot that 98% of buyers are waiving inspection contingencies to win bidding wars on homes. Your best bet for landing on the best listing price? Conduct a pre-listing home inspection to speed up the sale. Conduct a pre-listing inspection.

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What Does As-Is Mean When House Hunting? And When Should Buyers Consider an As-Is Home?

HomeLight

Get an inspection before you make an offer. Get an inspection before you make an offer so you can factor in the time and expense of making any repairs. Look at deed and land records for red flags. Check the property records to verify that everything, from historical tax payments to assessed land value, appears to be in order.

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Do the Due: A Complete Due Diligence Guide and Checklist for Homebuyers

HomeLight

Some people just focus on a home inspection and that’s not enough. Future developments: Research any commercial land purchases or leases in the area and see how they fit in with your desires. If you live in a caveat emptor state, your due diligence may need to include more specialized inspections (see below). Get an inspection.