Category: Satisfying Seller Contingencies
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How illegal is raising the price $5,000 for buyer closing cost?
Reader Question: I recently sold a home, and the buyer didn’t have enough money for closing costs. They asked me to sign papers that raised the purchase price $5,000. I want to know because the buyer got $1,000.00 of my hard-earned money. On the day of the closing, I hadn’t cleaned everything, so I…
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Four simple tips to improve home inspection outcomes
Reader Question: We just lost a buyer over two inconsequential discoveries by the home inspector. Our agent told us the buyer was edgy, and were afraid they would inherit more problems in the future because the discovery created the impression we hadn’t taken care of the house. We have had other friends with inspection issues.…
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Agent tells home seller not to attend the home inspection
Reader Question: We accepted an offer on our home. The contract is subject to a satisfactory home inspection. Our agent called to set up a time for the inspection and asked us not to attend the home inspection. She asked that we not be home. My thinking is that if there is some discovery made…
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Satisfying contract contingencies
Satisfying contract contingencies Home buying contingencies are contractual requirements stating specific conditions upon which the closing of the purchase is dependent. Because a home is an expensive and complex structure, it is often difficult or costly to address all issues prior to agreeing to the terms of a purchase or sale. The practice of real…
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The accepted offer
So, you have the accepted offer, or you have accepted the counter-offer, now what? This information is not being presented to frighten or create doubt. If you chose a good agent and followed the receiving an offer advice you have reduced the risk of complications going forward. The idea here is that being fully informed…