Remove Design Remove Inspection Remove Inspection contingency Remove Loan contingency
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What Does Removing the Loan Contingency Mean for Homebuyers?

HomeLight

If you’ve been shopping for a home, you’ve likely come across the term “loan contingency,” and you may be considering including this clause in your purchase offer. Or perhaps you’ve already made a loan-contingent offer, and you’re wondering about contingency removal. What is a loan contingency?

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How Long Can a House Be Contingent?

HomeLight

Contingencies are designed to protect both parties involved, allowing the buyer to back out of the purchase without penalty under specific circumstances, such as issues discovered during a home inspection or difficulties obtaining financing. The most extended periods typically relate to mortgage and home sale contingencies.

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

HomeLight

If you follow interior design trends, you may want to stage and style your home yourself. Selling solo: Design and print home flyers and a front yard sign letting everyone know. When reviewing an incoming offer, you’ll take into consideration the overall offer terms, such as: the buyer’s ability to qualify for a home loan.