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Is Opendoor's 'free inspection' just a formality or can they still change the offer after I sign?

Opendoor sent someone out, took pictures, and came back with what they're calling a final offer thats basically the same as what Id net going the traditional route after their fees. It still lists a free inspection as a next step before closing, so Im wondering if thats just to catch major damage since the walkthrough or if theres still a chance they lower the offer after I've already signed the contract.

12 Answers

Can we qualify for an $840k move-up home with 10% down while renting out our current house?

We're hoping to move into an $840k home in our neighborhood with 10% down while renting out our current $500k house that only has $47k left on it, and our household income is $250k with about three months of expenses saved. Is that level of debt and the new $6,500 payment actually something lenders would feel comfortable qualifying us for?

9 Answers

Which of these inspection requests are actually reasonable to ask the seller to fix?

Were under contract on a town house and the inspector flagged a rattly bathroom fan and a deck with no footings, plus a few things our attorneys pushing that feel like a stretch. Which of these would a seller normally be expected to fix, and which should we just let go?

9 Answers

Want to cancel the buyer/ broker addendum and the owner broker won’t send it to me.

The broker is pressuring me to sign the cancellation of the listing agreement, and I want to sign that with the buyer/ broker addendum at the same time.

4 Answers

Our listing has gone quiet again after a price drop - what actually gets buyers back?

We dropped our price $30k three weeks ago and had a nice bump in showings, but its cooled off again and we're back to almost nothing. Everyone who's toured it says they love the yard and the layout, just not ready to commit yet. My agent says just be patient but I dont know if thats really a strategy. We could drop another $10k or offer buydown credits instead - what actually works better to get a stalled listing moving again, and is it too soon to try either one?

12 Answers

Is a $5k forestry-classified lot worth the legal risk?

I have identified a 7,000 square meter parcel priced at roughly $5,000 due to the owner's liquidity needs and the property's unresolved legal classification. The valuation report designates the land as forestry rather than developable, though older imagery suggests otherwise. I am weighing whether pursuing reclassification is worthwhile or whether this ambiguity makes the acquisition imprudent despite its low price.

6 Answers

Should I do a deed in lieu instead of trying to sell?

After falling behind and getting a preforeclosure letter with a hard deadline of the 11th, and only two showings in the month since we listed, I'm trying to figure out if signing the deed in lieu paperwork my lender sent is smarter than continuing to wait on a buyer we don't have yet.

10 Answers

Where should I start my mobile home price at

Two bedroom nTwo bath nLaundry roomnGas stovenNew Gas water heater nWood siding nNew windows nNew doorsnCentral ACn1974 model

12 Answers

How much should a busy-road corner lot actually knock off the price?

We're looking at a heavily wooded corner lot that backs up to a loud main road, and the noise rating is pretty rough. Is buying here ever a smart move, and what's a fair price discount to ask for given the road noise?

4 Answers

Why do sellers rush to accept after just one open house?

I'm a first-time buyer and my mom's helping me look, and the last house we bid on only had one two-hour open house before the seller rushed everyone to submit best and final by Tuesday night, even though there would've been more offers if they'd waited, so Im wondering why sellers push for a quick decision like that instead of giving it more time.

10 Answers