The Close

APRIL 28, 2022

In most real estate transactions, the seller pays for the costs of the title insurance, escrow, and homeowner association (HOA) fees. One benefit of this is that in most cases, when the buyer pays for the title policy, they are able to select which title company they wish to purchase the title insurance policy from.

Rent back 105

Rent back Closing costs Finance Agents 105

HomeLight

MARCH 20, 2023

Other common contingency clauses include: Inspection Contingency: If the buyer finds fault with the home inspection report, they can ask for the seller to make repairs, or they can cancel the contract within the contingency period. Offer to accept a rent-back agreement. Allow the sellers to select the closing date.

Home sale contingency 105

Home sale contingency Purchase and sale agreement Sales Earnest money deposit 105

HomeLight

APRIL 17, 2024

Others perform a home inspection while their competitor skips one. Like Opendoor, they typically perform a home inspection before finalizing their offer. In normal home sales, many real estate agents are negotiating rent-back periods for home sellers. But beyond this similarity, how do they stack up? Trustpilot : 4.6

Seller concession 115

Seller concession Inspection Rent back Closing 115

The Close

FEBRUARY 6, 2024

Additional concessions could be: Paying for title: This typically ranges from 1% to 2% of the home’s purchase price. When you remove the possibility of your buyers backing out, you’re giving that seller peace of mind that your clients are in it to win it. That could be a pretty sizable chunk of money from the seller’s profit.

Pre-approval 76

Pre-approval Earnest money deposit Inspection Inspection contingency 76

HomeLight

FEBRUARY 28, 2021

Arlington offers an active lifestyle with more than 150 public parks and playgrounds and 80 miles of trails, earning the title of America’s Fittest City. Rent a bike from Capital Bikeshare to explore the metro D.C. A home inspection can help buyers get a good grasp of the home’s condition. Offer a rent-back clause to the seller.

Earnest money deposit 105

Earnest money deposit Land Residential Inspection contingency 105

HomeLight

JANUARY 28, 2022

Unlike a normal buyer, they won’t negotiate closing dates, offer a rent back period, or make other concessions. The company promises to sell your property after you sign over the title to your home. If you suspect that you’re buying a flipped house, don’t skip the home inspection ! Cash buyers may have hidden fees.

Purchase and sale agreement 111

Purchase and sale agreement Investor Agents Sales 111

HomeLight

JANUARY 4, 2022

A cash buyer will generally not use a financing, appraisal, or home sale contingency , and many cash buyers will inspect the property for informational purposes only. Your inspection could reveal a big repair that you did not anticipate, forcing a renegotiation. You’re overwhelmed with prepwork.

Investor 98

Investor Finance Inspection Sales 98

HomeLight

OCTOBER 12, 2020

That last one, miscellaneous bucket, that includes things like contingencies and rent backs and so forth. I’ve gonna give them free rent back. High price, short inspection period, quick close. I can’t do the three-week close unless I can order the appraisal tomorrow and inspect on Monday.

Agents 98

Agents Inspection Inspection contingency Pre-approval 98

HomeLight

MARCH 22, 2021

That last one, miscellaneous bucket, that includes things like contingencies and rent backs and so forth. I’ve gonna give them free rent back. High price, short inspection period, quick close. I can’t do the three-week close unless I can order the appraisal tomorrow and inspect on Monday.

Agents 75

Agents Inspection Inspection contingency Pre-approval 75