Selling your house fast in Omaha and Council Bluffs? Contingencies are common in traditional real estate sales, serving more often than not to protect the home buyer in the transaction therefore, you should be aware that you can negotiate with your home buyer in Council Bluffs and Omaha over these contingencies before signing the contract. Should the specified aspects of the contingency fail to meet the guidelines within a given timeline, the home buyer may walk away or choose to renegotiate.
The contingencies home buyers may add to a contract are limitless, but some are widely known and have become a standard in home sales.
While the terms of contingencies are in the process of being met, you as the seller may continue to consider other offers but cannot enter into a second contract. Regrettably, deals that fall apart over contingencies add to the number of days your home is on the market, and this often equates to a lower final sales price on a home.
We will explore what you need to know about contingencies before selling your house fast in Council Bluffs and Omaha.
Inspection
The most common contingencies before selling your house fast in Omaha and Council Bluffs have to do with the inspection. Unfortunately, for many homeowners who doubt the soundness of the structure or significant systems in the home but want to sell their home fast, the inspection is often the cause of many sleepless nights. In addition, if an inspector detects an issue during the inspection, your direct cash home buyer in Omaha and Council Bluffs may ask for credit towards the repairs or request the repairs be made before closing if they don’t back out of the deal altogether. One way to avoid the fearful anticipation of the outcome is to hire an inspector before listing the property. Though it may not be pretty, having a realistic picture can help you decide the best course of action for selling your home fast.
Appraisal
Your direct cash home buyer in Council Bluffs and Omaha may add an appraisal contingency to the contract if the home’s value is in question. Should your home appraise for less than the offer, the home buyer may back out, or you may attempt to renegotiate before selling your house fast in Omaha and Council Bluffs.
Sale of Current Home
Before selling your house fast in Omaha and Council Bluffs, you should know those home buyers in Omaha and Council Bluffs may come to the table with an offer contingent upon selling their current home fast, which is a great deal to ask, especially when your bills will keep rolling in each month until yours closes. Therefore, if you consider their offer, you’ll want to learn more about where they are in the process of their sale and how close their closing date is.
Financing
You can expect a contingency based on your home buyer’s financing approval before selling your house fast in Omaha and Council Bluffs unless you received a cash offer. Therefore, pre-screening for preapproved home buyers can help avoid the letdown of a lost deal. However, even when preapproved, the process of attaining a mortgage loan can be time-consuming so consider the costs of owning your property during the waiting period as you weigh these types of offers against others.
Harter Investments
Rather than a traditional sale, a direct sale of your home to Harter Investments can help eliminate all contingencies. Harter Investments makes selling your house fast in Omaha and Council Bluffs easy with straightforward contracts. We buy houses in Omaha and Council Bluffs and we will lay out the details of our offer to compare how much you would earn through a traditional listing vs. a direct sale. At Harter Investments, will make you an offer you agree is fair is for your home, as-is. Selling directly to Harter Investments means you could have your cash in hand in a matter of days, or we can wait till you’re ready to move just let us know the date you want to close. Just call Harter Investments at 402-939-6556 or send us a message today or visit us at www.harterinvestments.com!
