HomeLight

DECEMBER 30, 2023

You may be building an online watchlist of homes you’re interested in seeing, but then you notice a label tagging your favorite property listing as “under contract” or “sale pending.” Can you make an offer on a home that’s under contract? What buyer contingencies might put a listing back on the market?

Home sale contingency 104

Home sale contingency Purchase and sale agreement Inspection contingency Inspection 104

HomeLight

JANUARY 19, 2024

The decision to waive the mortgage contingency, while potentially making your offer more appealing, carries a sloshing bucket of risks and considerations. But it can also tilt a sale in your favor. You can then make a strong offer on your next home with no home sale contingency.

Earnest money deposit 99

Earnest money deposit Purchase and sale agreement Mortgages Home sale contingency 99

Redfin

JANUARY 25, 2021

A trained and certified home inspector will look for issues with the structure and home systems (like plumbing, electrical, and HVAC) that may not be obvious to the buyer. When you purchase a house that ends up in need of a major repair, you could take a significant financial hit. 2) Appraisal contingency.

Purchase and sale agreement 79

Purchase and sale agreement Home sale contingency Inspection contingency Title 79

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%. Real estate transfer taxes: 0.01%.

Purchase and sale agreement 100

Purchase and sale agreement Inspection MLS Inspection contingency 100

HomeLight

SEPTEMBER 10, 2022

Say you’re visiting yard sales on a Saturday morning and you come across the perfect wicker patio set, exactly what you’ve been looking for. Kick-out clauses are often employed when the buyers have to sell their current home first, and the sellers want to continue marketing their home in the meantime.

Purchase and sale agreement 97

Purchase and sale agreement Home sale contingency Sales Inspection contingency 97

HomeLight

AUGUST 16, 2021

We also spoke with Elliot’s investment partner, Dan Chapman, who provides strategies for generating funds to get started, and Kathryn Hardiman, a homeowner from Charlotte, North Carolina, who shares how she entered the market with very little capital. Insisting upon a signed and notarized legal rental agreement. Partner up.

Purchase and sale agreement 104

Purchase and sale agreement Equity FHA loan Home sale contingency 104

HomeLight

JULY 6, 2023

When your home first hits the market, your listing agent will note that it’s “Active,” as in ready and available for showings — but there’s a lot of ground to cover before your agent lists the status as “Closed,” when you have a done deal and you’re ready to hand over the keys. Learn More Contingent or pending, you’re under contract!

MLS 94

MLS Backup offer Inspection contingency Purchase and sale agreement 94