Remove Inspection Remove Inspection contingency Remove Seller concession
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Killer Tips For Negotiating a Home Inspection

Realty Biz

One of the most vital phases of buying a house is having it inspected. Home inspections over the last few years were few and far between. The crazy hot seller's market forced many home buyers into forgoing their inspection. Instead of markets dramatically favoring sellers, they are becoming more balanced.

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How to navigate the real estate market through seller concessions

Real Trends

To think outside the box, some Realtors began using seller concessions. Whereas seller concessions make the home-buying process more affordable and exciting for potential buyers, while also maintaining the home and the community’s value. In some areas of the U.S., So, what do you do?

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4 Scenarios Where Sellers Can Use Seller Credits to Close the Sale

HomeLight

While researching the home sales process, you’ve likely come across the term “seller credit.” A seller credit is a type of seller concession where the seller offers the buyer money at closing to sweeten the deal. Kauffman confirms that seller credits are an important building block of the negotiation process.

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Can You Get Your Earnest Money Back at Closing?

Redfin

You received seller concessions or lender credits. If the seller agrees to pay for some of your closing costs or your lender offers credits, the amount you owe at closing might be lower than the earnest money you already paid – leading to a refund. If youre using a VA or USDA loan, you dont have to make a down payment.

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What Are Common Terms and Conditions in a House Offer

Realty Biz

Common Contingencies Found in an Offer to Purchase. Home Inspection Contingency. One of the most common terms in an offer is the home inspection contingency clause. This contingency gives you a way to back out of the deal with your earnest money if the home inspector finds some serious issues.

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Here’s How Much Money You’ll Keep After Selling a House

HomeLight

Pre-listing inspection, if desired or needed – $350 and $750. Seller concessions. During the contingency period , negotiations between buyers and sellers usually take place that sometimes result in concessions or incentives in the buyer’s favor. Seller concessions. per square foot.

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Are There Disadvantages to the Seller Paying the Buyer’s Closing Costs?

HomeLight

To explore the potential drawbacks of paying for buyer closing costs as the seller, we spoke with Tara Limbird , an Arkansas-based agent who heads a team of real estate pros that was nationally ranked at the top one half of 1% of Realtors®. Buyers and sellers generally pay for their own closing costs — but everything’s negotiable.