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

HomeLight

Your loan officer will be able to advise you on financial options, should you run into that situation. You can apply for a bridge loan to help you pay for both mortgages in the short term. Rent back to the seller. Source: (Filip Rankovic Grobgaard / Unsplash). Why would a seller reject a home sale contingency?

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Opendoor vs Offerpad: How Do These Homebuying Companies Match Up?

HomeLight

In normal home sales, many real estate agents are negotiating rent-back periods for home sellers. Opendoor charges a daily rate which is calculated based on: home value, utility costs, and days of rent-back. HomeLight Home Loans : Like Offerpad and Opendoor, HomeLight has a convenient, prompt mortgage service.

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Change the script you’re using with buyers and sellers

Real Trends

This could involve a quick settlement, a rent-back offer, a home inspection without repairs, or doing away with other contingencies. A good local loan officer can also call the local lender who can play a pivotal role in a successful transaction. What you need in today’s market.

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Ideal Agent Reviews: Is the Discount Realtor Referral Service Worth it?

HomeLight

While everyone wants to make money when they sell, you might have other goals — selling quickly due to a relocation, or getting a rent back period. HomeLight Home Loans — We also offer mortgage loans with a dedicated loan officer, fully underwritten pre-approval, no lender fees, and an earnest money guarantee.

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Get Your Own Slice of the Big Apple: Buying a House in Manhattan

HomeLight

Sellers appreciate cash offers because of their faster timelines, as there’s no need to wait for a mortgage loan. A top agent will help you remain competitive even in a cash market. Flood zones in the city? You may be wondering what it means for you if your new home is in a FEMA flood zone. Things move really quickly here,” says Chou. “A

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

HomeLight

Loans are between 3%-3.5% CalHFA works through approved lenders, and buyers apply for the program through their loan officer. Do they need to do a rent-back on the house, or do they want a quick close? What is their timeline and what will make our offer stand out?”

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