HomeLight

JUNE 30, 2021

There are lots of other kinds of contingencies — inspection contingencies, appraisal contingencies — but the sales contingency can be especially tricky. In a seller’s market, homebuyers are waiving inspection contingencies , financing contingencies, and sales contingencies. Another option is to turn to the investor market.

Rent back 105

Rent back Inspection contingency Earnest money deposit Finance 105

HomeLight

AUGUST 31, 2021

The lender usually also requires additional contingencies before they’ll approve the loan, such as an appraisal contingency to make sure the home is worth the amount they are loaning you to buy it, and an inspection contingency to see if there are any potential problems. A cash buyer is more likely to waive appraisal and inspections.

Due diligence 106

Due diligence Inspection Pre-approval Pre-qualification 106

HomeLight

APRIL 29, 2021

Do you need interim housing, a specific closing date, or a seller rent back ? Your buyer will use the home inspection report to leverage a deal. To avoid repair negotiations, some sellers conduct a pre-listing inspection to get ahead of issues and make repairs in advance. You accepted an offer ! But not so fast.

Purchase and sale agreement 98

Purchase and sale agreement Pre-approval Inspection Inspection contingency 98

Marco Santarelli

AUGUST 12, 2024

Clients are waiving home inspections, offering appraisal gap coverage, letting owners rent back, or even paying the owner’s property taxes for a year—anything they can do to make their offers stand out,” she explains.

Marketing 98

Marketing Rent back Inspection Branding 98

HomeLight

JANUARY 4, 2022

It wasn’t long ago that the decision to sell your house for cash was associated with a neglected or foreclosed property whose value had plummeted, as an investor swooped in to snatch it up for a bargain. Buy-and-hold investors. Who’s paying cash for houses? Here are some of the most common sources of cash offers in 2022.

Investor 98

Investor Finance Inspection Sales 98

HomeLight

FEBRUARY 28, 2022

Some sellers will even order their own inspection prior to putting their house on the market, especially if they know the house needs significant work. You could try to find a buyer who will allow you to do a rent-back on the property, but if that isn’t available, you may need to move into a temporary rental property.

Equity 126

Equity Debt-to-income ratio Loans Closing 126

HomeLight

JANUARY 28, 2022

There are three primary types of cash buyers: iBuyers , buy-and-hold investors , and fix-and-flip investors. Buy-and-hold investors are individuals who offer competitive prices for market-ready homes. Unlike iBuyers and buy-and-hold investors, fix-and-flippers buy homes in poor condition for considerably less than market value.

Purchase and sale agreement 111

Purchase and sale agreement Investor Agents Sales 111