Realty Biz

NOVEMBER 11, 2020

Let’s take a closer look at the meaning of contingent , so you can see how it might affect a home you are looking to buy. If you are selling a home, there are also some ramifications you should know about as well. How your real estate agent markets your property when an offer has been accepted can have vital implications.

Backup offer 110

Backup offer Sales Home sale contingency Earnest money deposit 110

Realty Biz

JULY 1, 2023

The National Association of Realtors (NAR) conducted a survey in October 2022, revealing that approximately 7% of deals in the preceding three months got terminated before reaching the closing stage. During this stage, the buyer, seller, or their respective agents select an escrow agent who will oversee the process.

Purchase and sale agreement 75

Purchase and sale agreement Earnest money deposit Title search Pre-approval 75

RIS Media

MAY 19, 2021

Doing so could mean the forfeiture of their earnest money deposit. Appraisal Contingencies. Lenders aren’t going to provide money for a property that the buyer’s offer has overvalued. Title contingencies can be responsible for around 10% of delayed sales. Home Sale Contingencies.

Purchase and sale agreement 98

Purchase and sale agreement Earnest money deposit Inspection contingency Home sale contingency 98

HomeLight

JANUARY 3, 2023

Higher interest rates have been cooling the housing market nationwide, and real estate in Colorado is no exception. Inventory is starting to rise along with the average number of days on market as of September 2022. Year-over-year, monthly sales in the Phoenix metro area were down nearly 25%.

Purchase and sale agreement 97

Purchase and sale agreement Inspection MLS Inspection contingency 97

HomeLight

MARCH 31, 2022

The seller’s market continues to boom in Florida. Early 2022 data from Florida Realtors® indicates a 23% increase in median sales price and a 33.3% drop in median time on the market. Once you’ve seen what’s required, you can roll up your sleeves and get started with your FSBO sale in Florida. Get Estimate.

Purchase and sale agreement 89

Purchase and sale agreement Inspection Title MLS 89

HomeLight

MARCH 31, 2022

While FSBO can work, it does come with some risks, including the possibility of selling your house for less than market value. What's Your Arizona Home Worth? We’ll also provide a comprehensive overview on the full process to prep, market, and close on your home without the assistance of a real estate agent.

Purchase and sale agreement 87

Purchase and sale agreement Inspection MLS Inspection contingency 87

HomeLight

SEPTEMBER 11, 2020

Even a pandemic failed to slow down the 2020 real estate market. Yes, writing a high offer will incentivize the seller, but money isn’t the only factor! Does that mean a cash offer in your market? Are you interested in a property that has been on the market for some time? Determine how much earnest money to offer.

Earnest money deposit 79

Earnest money deposit Purchase and sale agreement Inspection contingency Home sale contingency 79