Remove Backup offer Remove Finance Remove Pre-approval Remove Title search
article thumbnail

Can You Put an Offer on a House That’s Contingent?

RIS Media

Finances falling through. Since most homes are financed, and financing isn’t guaranteed until a buyer has signed the dotted line, failure to secure funds can put a home back up for sale. While financing may be pre-approved, the process is complex. The title search reveals issues.

article thumbnail

What Does Contingent Mean in Real Estate Sales

Realty Biz

The Mortgage Financing Contingency. Even if the buyer has pre-approval for a mortgage, things can still go wrong when they apply for the loan. Perhaps, they have taken out a fresh loan, or their situation has changed in some other way since pre-approval. These appraisal tips will help.

article thumbnail

What Happens After Making an Offer on a House?

Windemere Buying

Making an offer on a house feels like a reason to celebrate. You’ve applied for financing , worked with your agent to search for available listings, put in time attending open houses, and have found the place you’re ready to call home. So, what happens after you make an offer on a house?