What Happens When a Buyer Backs Out of Buying Your South Bay Home?
Who keeps the deposit when a buyer backs out in California? It depends on timing. If the buyer cancels while their contingencies are still active, they get their deposit back and you put the house back on the market. If they walk after removing contingencies, you may keep the deposit as liquidated d
There Are 4 Types of Housing Markets Right Now. Which 1 Are You In?
Today’s housing market splits into four distinct types. You’ve got cash buyers, buyers financing a purchase, owners who feel locked into a low rate, and builders with homes to sell. Which type you’re in changes how you should buy or sell. Ryan Serhant, CEO of SERHANT agrees:“There is no longer a hou
What Happens After Your Offer Is Accepted on a South Bay Home?
What happens after your offer is accepted in California? Once a seller accepts your offer, escrow opens and a 30 to 45 day countdown starts. You wire your initial deposit in the first few days, inspections and the appraisal happen in the first two weeks, you review the seller's disclosures, and then
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