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Five Contract Contingencies Home Buyers Should Consider

Will Springer Realtor

They have safeguards built in to written agreements such as a purchase contract on a home. Assuming the buyer followed the rules of the contract contingency, he/she would get the earnest money back and the deal is off the table – all thanks to this important condition. More on home inspections.) More on home inspections.)

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Texas Real Estate Contracts and Addendums: A Guide for Home Sellers and Buyers

Listing Spark

Episode Summary In this episode, Aaron Jistel (Broker and Co-Founder at ListingSpark) focuses on how recent changes to Texas Real Estate Commission’s contracts and documents may affect home sellers and buyers. “It is important to get that notice out up front, and this contract is now going to make that a little bit more clear.

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7 Takeaways: Due Diligence Fee and Earnest Money in Real Estate

Raleigh Realty

Understanding Due Diligence and Earnest Money in North Carolina Real Estate When you go under contract on a home in North Carolina you are going to encounter terms like Due Diligence and Earnest Money. It's important to note that real estate contracts and laws change depending on what state you are in. Due Diligence: What Is it?

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Find Out What Really Happens When You Waive Contingencies to Score a Home

Realtor

Let us be clear: We do not recommend getting to this point on your path to homeownership without asking about the basics of the home you’re trying to buy—including HOA rules. Bottom line: Since we think you should do your homework, waiving the HOA contingency seems pretty low-risk. ———. Contingency: Home inspection.

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Pre-Appraisal Checklist for Homeowners

D Fritz Appraisals

Home inspection reports (current and previous). If you’re unsure about the difference between each, we have a helpful blog post on home inspections vs. home appraisals. HOA documents – if you live in an HOA neighbourhood, the appraiser will need to see the costs, regular maintenance schedule, history of fee increases, etc.

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Tempted To Waive Contingencies to Score a Home? Watch Out for These Dangerous Repercussions

Realtor

Let us be clear: We do not recommend getting to this point on your path to homeownership without asking about the basics of the home you’re trying to buy—including HOA rules. Bottom line: Since we think you should do your homework, waiving the HOA contingency seems pretty low-risk. ———. Contingency: Home inspection.

HOA 78
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Home Seller Closing Costs in Texas

Listing Spark

Aside from the fees charged by the title company which may not be specifically outlined in the contract, there are fees in the TREC 1-4 residential contract and related addenda that clearly states who pays different fees. Survey Deletion Endorsement : This is section 6A(8)(i or ii) of the contract. Homeowner Association Fees.

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