It is common practice when purchasing a single-family home to include a physical-inspection contingency in the purchase agreement. A contingency is a condition of the purchase. The physical-inspection ...
ATLANTA - With today’s shortage of homes for sale, it’s no longer unusual to see several offers submitted to the seller for consideration, but some buyers have decided to make their offers more ...
You’ve finally found the home of your dreams but, in this market, you’ll likely find out that it’s the home of many other buyers’ dreams as well. Bidding wars are common in today’s white-hot real ...
Given a competitive market, did a significant amount of Buyers in Massachusetts waive the Home Inspection contingency as a tactic for their offer to be more favorable? Yes. This led Massachusetts ...
Also called a "due diligence contingency," an inspection contingency allows the buyer to have a property they're interested in buying inspected by an expert within a certain time frame, generally five ...
To compete in an overcrowded housing market, Eva PenzeyMoog and her husband made the tough decision to waive a house inspection. Their real estate agent told them it’s always the same song and dance: ...
Dear Paula: My wife and I have been looking to purchase a home in the Vail Valley and have missed out on a couple of opportunities due to multiple offer situations. When we find a home we really love, ...
MILWAUKEE - It’s a gamble many home buyers took over the last year: waiving their home inspection contingency. In many cases, it was a necessary gamble to land a winning bid. However, with risk can ...
Kim Porter is a freelance personal finance writer. She has written about personal finance topics for AARP Magazine, Bankrate, Credit Karma, NextAdvisor, U.S. News & World Report, Reviewed, Credit ...
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The inspection note buyers regret brushing off
In a hot market, it is tempting to treat the inspection report as one more hurdle to clear on your way to closing. Yet the ...
SEATTLE, July 28, 2020 /PRNewswire/ -- (NASDAQ: RDFN) — 19.9% of successful offers submitted by Redfin agents in select major U.S. markets waived the inspection contingency in June, compared with just ...
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