Housing Wire

APRIL 13, 2021

To be competitive, she might advise prospective homebuyers to offer to pay what are normally seller’s fees, like title fees and the cost of the survey. She might also recommend increasing their earnest money to 2% or more, offer a very large option fee for a very short amount of time and even waive buyer’s approval.

Marketing 535

Marketing Option period Lending Loan Officer 535

HomeLight

MARCH 7, 2024

Unresolved title issues: Encumbrances or disputes related to the property’s title can complicate the sale, prompting buyers to cancel the agreement. What is an option period? Negotiation opportunity: Based on findings during the option period, buyers can renegotiate terms or request repairs from the seller.

Purchase and sale agreement 116

Purchase and sale agreement Earnest money deposit Option period Due diligence 116

HomeLight

MAY 24, 2022

Every home sale has its quirks, but in general, “a cash sale can be turned over in a week to two weeks,” according to Suz Poepke Pohl, owner and escrow agent at Cygneture Title for the past 10 years. Secure title and escrow services: 1 day. Title search: 3 days. Unfortunately, not all title searches return a clear title.

Purchase and sale agreement 111

Purchase and sale agreement Closing Title search Title 111

HomeLight

JULY 31, 2021

Some, however, are ready to move immediately, in which case we are limited by the bandwidth of the title company to complete the title search process and get all the documents together.”. Both parties sign a contract and submit it to a title company. Process of selling to San Antonio cash buyers.

Investor 111

Investor Title Sales Due diligence 111

HomeLight

MARCH 13, 2023

Home-buying companies generally pick up closing costs including title search and title insurance that usually range from 1.5% Both parties sign a contract and submit it to a title company. The buyer does due diligence during the option period in Florida. The option period is negotiated between buyer and seller.

Sales 98

Sales Investor Due diligence Renovation 98

HomeLight

MARCH 13, 2023

Both parties sign a contract and submit it to a title company. The buyer does due diligence during the agreed-upon option period in Texas (the number of days the buyer has to thoroughly inspect the property and terminate the contract for any reason: typically one to 10 days). The seller and buyer agree on a price and terms.

Sales 95

Sales Investor House Flipping Pre-approval 95

HomeLight

MARCH 16, 2023

Ramcharitar says sellers also pay 2% of the sales price for closing costs and another 2% for title insurance. Home-buying companies generally pick up the remainder of closing costs that total about 8% including title search and title insurance. Both parties sign a contract and submit it to a title company.

Sales 93

Sales Purchase and sale agreement Earnest money deposit Investor 93