Closing Home sale contingency Inspection contingency Pre-approval 
HomeLight
JUNE 9, 2023
.” So, what does contingent mean in real estate? A property listed as “contingent” in real estate means the seller has accepted an offer, but the deal isn’t fully closed yet. The final sale hangs in the balance, waiting for certain conditions or “contingencies” to be met.
HomeLight
JULY 31, 2020
Closing on a house seems pretty straightforward. There’s a house for sale that you want to buy. Once the buyer and seller sign the contract, the closing process begins — and therein lies the rub. So the answer to “how long does it take to close on a house?” Loan approval. How it can delay closing.
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Real Trends
DECEMBER 27, 2022
With a little bit of informed vigilance, you will be able to increase your rate of successful closes. Keep reading to learn about the reasons a deal is starting to slip and the warning signs that a deal will never close. How often does a pending home sale fall through? Home sale contingency.
Windemere Selling
MARCH 14, 2022
When selling your home, a buyer may make their offer with contingencies attached. Here are some common contingencies you might see in a buyer’s offer and what they mean for you. If the seller chooses not to make the repairs outlined in the buyer’s home inspection report, the buyer can cancel the contract.
Realty Biz
NOVEMBER 11, 2020
When a home sale is listed as contingent, it means that the seller has accepted an offer with contingencies. This means that certain clauses have to be completed, by perhaps both buyer and the seller, for the sale to close. If these contingencies aren’t met, the buyer can walk away from the deal.
Windemere Buying
AUGUST 31, 2022
Imagine a home-buying scenario where you make an offer, the seller immediately accepts, and the two of you move through closing without any hiccups until you have keys in hand. Common Real Estate Contingencies. Home Inspection Contingency. Home Sale Contingency.
The Close
SEPTEMBER 10, 2020
Sellers want to work with buyers they can trust and experience a painless closing. That means you need to open lines of communication with the listing agent to find out exactly what they need and want from the sale. Make Sure You Have a Proper Approval Letter From a Reputable Lender. Include an As-is Home Inspection Contingency.
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