Remove Inspection Remove Inspection contingency Remove Rent back
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20% of Winning Home Offers Waived the Inspection Contingency in June, Up From 13% Last Year

Redfin

markets waived the inspection contingency, compared with just 13.2% Winning offers waived the appraisal contingency at a similar rate—20.6%—up The inspection contingency allows the buyer to cancel a purchase or request repairs if they find an issue during the inspection period. In June, 19.9% up from 17.4%

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5 Things Homebuyers Need To Know When Making an Offer

Keeping Current Matters

An agent can help you consider what levers you can pull that might be enticing to a seller, like: Offering flexible rent-back options to give the seller more time to move out. Your ability to do a quick close or make an offer that’s not contingent on the sale of your current home. Bottom Line.

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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. If something is wrong, you can request that it be fixed—or you can back out of the sale. Your home inspection reports.

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Tips to Help Buyers Successfully Navigate a Hot Real Estate Market

Realty Biz

One contingency that is almost always wise to include is a home inspection to be sure you aren’t buying a major problem that you aren’t aware of. The type of contingencies that you might want to skip is for the seller to pay part of your closing costs or for a home warranty. Require a minimal home inspection.

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I Have to Make an Offer Contingent Upon Selling My House. How Do I Sweeten the Deal?

HomeLight

There are lots of other kinds of contingenciesinspection contingencies, appraisal contingencies — but the sales contingency can be especially tricky. In a hot market, sellers might be seeing offers without any contingencies, which makes a sales contingency a tough sell. Ask for a rent-back clause.

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Is a Home Sale Contingency Clause Always Necessary? Here Are Your Options

HomeLight

The contingency allows you to walk away without penalty if you can’t secure financing to buy the house. The financing approval and the inspection contingency are first-level contingencies,” Ballenger explained. “The The financing approval and the inspection contingency are first-level contingencies,” Ballenger explained.

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How to Buy a House in San Diego: 14 Steps to Close the Sale

HomeLight

While it is not always recommended to completely waive contingencies to impress a seller, you might consider pairing down to just the inspection contingency and financing contingency to remain competitive. Do they need to do a rent-back on the house, or do they want a quick close?

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