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How Long Can a House Be Contingent?

HomeLight

These conditions, or contingencies, are agreed upon by the buyer and seller during the negotiation phase. Essentially, the deal can proceed to closing only if these specified conditions are fulfilled. Inspection contingency: This gives the buyer the right to have the property inspected within a certain timeframe.

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What Buyers Need to Know About Making an Offer on Active Contingent Listings

HomeLight

You’re getting ready to call your agent to schedule a showing when you notice that the listing says the property is “active contingent.”. What on earth does active contingent mean? An active contingent listing means that the seller has accepted an offer from a buyer, but certain conditions haven’t been met yet.

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What’s the Deal with Making a Cash Offer on a House?

HomeLight

From a seller’s point of view, if there are two offers that are otherwise identical, and one buyer can pay cash, the cash offer is likely to be viewed as the stronger offer because the buyer 1) definitely has the money, which means that they can 2) close quickly. If sellers get paid at closing either way, why is cash better?

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How to Sell Your House Without a Realtor: 14 Steps to Selling FSBO

HomeLight

For insight on what it takes to sell a home without a Realtor® , we spoke with Texas real estate agent Stephanie Nash. Not only has she sold 100% of her past listings, but the properties sell 46% quicker than the average agent in her area. In some cases, agents arrange for staging on your behalf. Prepare your home for sale.

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How to Sell a House ‘As Is’ in Ohio

HomeLight

According to top producing Columbus, Ohio real estate agent, Lorraine (Lori) Lynn , every house is sold ‘as is’ in the state of Ohio. Real estate attorneys are not considered essential for closing in the state of Ohio. Real Estate Agent. Real Estate Agent at Corcoran Global Living. Real estate transfer taxes?

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Use These 8 Strategies to Get Yourself a Home in 2022’s Real Estate Market

HomeLight

In the words of Leslie Peterson , a top agent in San Francisco , California: “It’s just a crazy market right now.”. Real Estate Agent. Real Estate Agent at Leslie Peterson Group | Evolve Real Estate. Choose a top agent. Peterson is right. Leslie Peterson. Leslie Peterson. Currently accepting new clients. Transactions.

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11 Tips to Win a Bidding War on a House

Redfin

But because of the high demand in the current housing market , your real estate agent comes back with the unexpected news that several other homebuyers have also submitted offers on the home. However, with representation from an experienced real estate agent, you can navigate the bidding war process wisely and win the house.