RIS Media
MAY 19, 2021
Not all sales will have contingencies with them, but most will. Common real estate contingencies include the following: Inspection Contingencies. The most common contingency is the home inspection contingency. What Other MLS Statuses Are There? – Closed: The home has been sold.
HomeLight
MARCH 30, 2021
There’s a difference between the two stages. Pre-approval letters are usually good for 60 to 90 days, so don’t enter this stage until you’re serious about your home search. After the inspection, you’ll receive a detailed report along with a summary of any issues. Source: (Ryan Quintal / Unsplash). Line up your financing.
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HomeLight
MARCH 23, 2021
We constructed the go-to guide on what a real estate agent actually is and how he or she can help your homebuying experience. The best way to set yourself up for success in this stage is to ensure the agent has all relevant information from both you and the listing agent. Still undecided? Source: (Leon / Unsplash).
HomeLight
JULY 6, 2023
In the meantime, with a “Contingent” status, the seller is typically allowed to continue showing the home and accept backup offers in the event something goes awry. So what are the contract stipulations that put a listing into that “Contingent” stage, and how common is it for a property to hang in closing limbo?
Redfin
MARCH 15, 2021
Plus, if the pre-listing inspector doesn’t find significant defects, the buyer may choose not to get their own inspection done and waive their home inspection contingency, saving both parties time. Make your home a “must-have” with staging. Use listing photos to your advantage.
HomeLight
SEPTEMBER 15, 2021
Some things to check off the list now: deep clean and declutter , write a gorgeous real estate listing description , stage your home to sell quickly , and hire a photographer to make it shine on the web. This stage takes an average of 51 days while the buyer, their agent, and their lender will conduct their own due diligence.
HomeLight
SEPTEMBER 29, 2021
Construction of new buildings with high price points and several restaurants have also emerged. That said, if the home inspection reveals your home is in desperate need of repairs, you can expect your buyer to request you complete repairs before they move in — or worse, they may cancel the sale through their inspection contingency.
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