HomeLight

DECEMBER 29, 2023

As a homebuyer entering a competitive real estate market, it’s likely you’ll encounter the term “non-contingent offer.” But what exactly does this mean if you’re buying a home? Partner With a Top Buyer’s Agent to Guide You HomeLight can connect you with a top-rated local real estate agent familiar with non-contingent offers.

Inspection contingency 89

Inspection contingency Home sale contingency Inspection Residential 89

Redfin

AUGUST 4, 2021

Keeping track of the differences between a listing agent, selling agent, seller’s agent, and even buyer’s agent can be a bit challenging, so learning to quickly recognize what these terms refer to in real estate can help you move forward confidently with buying or selling your home. What is a listing agent?

Agents 74

Agents Purchase and sale agreement Inspection contingency Title 74

HomeLight

NOVEMBER 29, 2021

But first, you have to sell your old home, potentially secure financing, and secure a home appraisal (and likely an inspection) on your new house. Most purchase agreements have some terms in place that must be met for the deal to go through, such as having a home inspection completed. Do contingencies benefit homebuyers?

Purchase and sale agreement 93

Purchase and sale agreement Home sale contingency Inspection contingency Earnest money deposit 93

HomeLight

MARCH 18, 2022

As a homeowner, there’s a good chance that your next move will have you straddled with two major decisions at one time: selling your current home and buying a new one. Here are the four primary options available to you when it comes time to buy a house that is contingent on selling yours. ?. What is a home sale contingency?

Home sale contingency 111

Home sale contingency Staging Closing Inspection 111

HomeLight

JANUARY 23, 2024

However, most Americans need the equity and sale proceeds from their current home to buy a new home. A Buy Before You Sell (BBYS) program, is an innovative option tailored for home shoppers facing this real estate Catch-22. You can then make a strong offer on your next home with no home sale contingency.

Home sale contingency 101

Home sale contingency Equity Residential Sales 101

Realty Biz

NOVEMBER 11, 2020

When you begin an online search for a home, you may find some sale statuses you don’t fully understand. It is fairly obvious what is meant when homes have a status of “for sale” or “sold,” but some statuses may not be as clear. For example, if a home sale is contingent or pending, can you still make an offer?

Backup offer 110

Backup offer Sales Home sale contingency Earnest money deposit 110

HomeLight

SEPTEMBER 25, 2023

If you’re relying on the equity in your current home to make a down payment on the new one, it may seem as if your only option is to sell, move out, and then find a third location to live while you shop for the new house. You can then make a strong offer on your next home with no home sale contingency.

Home sale contingency 87

Home sale contingency Equity Technology Development 87

HomeLight

MARCH 20, 2023

Most often, this type of scenario calls for a home sale contingency. With the help of real estate agent Jesse Allen , a single-family home expert in southern Indiana , we’ll help to explain the ins and outs of home sale contingencies, and offer additional alternatives for buyers who currently own a home.

Home sale contingency 91

Home sale contingency Purchase and sale agreement Sales Earnest money deposit 91

Realty Biz

APRIL 20, 2022

When you find a home you want to buy, your offer will contain many important terms and conditions. When you are not buying or selling a home everyday some of the terms may be foreign to you. Let’s look at the most common contingencies in an offer and what they mean to buyers and sellers. Home Inspection Contingency.

Purchase and sale agreement 105

Purchase and sale agreement Home sale contingency Earnest money deposit Inspection contingency 105

Real Trends

DECEMBER 27, 2022

Aspiring and veteran real estate agents should be well aware that the same applies to the home buying and selling process: uncertainty hangs over every deal. How often does a pending home sale fall through? A pending sale may be referred to as “under contract” by some real estate agents. Inspection issues.

Sales 60

Sales Home sale contingency Pre-approval Inspection 60

Point2Homes

DECEMBER 8, 2020

When searching for the ideal home, expect to encounter a few issues along the way, such as homes listed as contingent. But, what does contingent mean and how does it affect your purchase? A home listed as contingent means the seller has accepted an offer. How is Contingent Different from Pending?

Purchase and sale agreement 145

Purchase and sale agreement Backup offer Home sale contingency Short sale 145

HomeLight

APRIL 18, 2024

If you don’t want to waste time on your home search, or you need to find a great agent to sell your home , how do they compare? Let’s dive into the answers that will help you decide which website to work with during your home selling or buying journey. The company doesn’t currently buy homes directly, however.

Agents 102

Agents Equity Sales Home sale contingency 102

Real Trends

JUNE 8, 2022

“Coldwell Banker Heritage was a natural fit as a partner because they funnel more than 50 years of industry knowledge down to each of their 525 agents in Ohio,” said Shaival Shah, the co-founder and CEO of Ribbon, according to a news release. Ribbon also says it will waive mortgage, appraisal and home sale contingencies.

Home sale contingency 71

Home sale contingency Staging Equity Investor 71

Windemere Buying

AUGUST 31, 2022

It’s possible, but a more likely home buying experience is marked by negotiation, counteroffers, and a back-and-forth dialogue between both parties to reach a deal. Contingencies protect buyers and sellers against these natural characteristics of the home buying process and any problems that may arise before a home sale is finalized.

Home sale contingency 52

Home sale contingency Inspection contingency Title Pre-approval 52

Realty Biz

MARCH 29, 2023

There are various selling options, and one of those is to sell your home to a cash buyer. Property sales often involve several contingencies , but cash buying can eliminate some, making things easier. For example, there's no need for a loan contingency (mortgage contingency). trillion in 2021.

Home sale contingency 72

Home sale contingency Loan contingency Finance Loans 72

The Close

SEPTEMBER 10, 2020

Listing agents are flying high with attention on their listings. But, of course, buyer’s agents are always frustrated with the amount of work they are putting in, only to get shot down and have to repeat the process over and over again. CALL the Listing Agent. What is the ideal timing they want or need to be out of their home?

Home sale contingency 112

Home sale contingency Pre-approval Earnest money deposit Marketing 112

RIS Media

APRIL 8, 2022

Once you find your dream home and it happens to be marked as contingent, you can still place an offer. Here’s all you should know about contingent sales as a potential home buyer. Contingent meaning. An active listing means the home in question is currently on sale, and sellers are actively open to offers.

Debt-to-income ratio 144

Debt-to-income ratio Title search Backup offer Home sale contingency 144

RIS Media

MAY 19, 2021

When your real estate agent puts your home in the multiple listing service, it will have an “Active” status. ” There are other statuses in the MLS listings like “Pending,” “Contingent,” “Coming Soon” and “Expired.” Contingent vs. Pending? Pending Meaning.

Purchase and sale agreement 98

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

Realty Biz

JANUARY 21, 2022

Set yourself up for success from the start by hiring a real estate agent who can go the distance for you while you’re at a great distance. Ask potential agents about how they will keep you updated on the listing and sale of your home. Your ideal agent will be your in-person representation throughout the process.

Home sale contingency 105

Home sale contingency Staging Brokerage Agents 105

HomeLight

JUNE 16, 2023

In many instances, a homeowner needs to use equity from their existing home to buy their next residence. That can mean adding a home sale contingency to their offer, which makes it weaker and less attractive to sellers, or finding temporary housing between transactions. Neither of these options are ideal.

Home sale contingency 85

Home sale contingency Staging Loans Closing 85

Realty Biz

AUGUST 22, 2022

If you have questions on real estate investing, DIY, home buying/selling, or other housing inquiries please email your questions to askbrian@realtybiznews.com. Question from Gianna in MI: Hi Brian, After two years of dreaming about buying my first home, I have cold feet now that my offer has been accepted. Answer: Hello Gianna.

Purchase and sale agreement 96

Purchase and sale agreement Earnest money deposit Pre-approval Home sale contingency 96

Windemere Selling

MARCH 14, 2022

If the seller chooses not to make the repairs outlined in the buyer’s home inspection report, the buyer can cancel the contract. As a seller, it’s important to be transparent in listing any issues with the home. Even if a buyer is pre-approved for their mortgage , they may not be able to obtain the right loan for the home.

Purchase and sale agreement 52

Purchase and sale agreement Home sale contingency Inspection contingency Pre-approval 52

Realty Biz

FEBRUARY 20, 2021

Contingencies in Real Estate Explained. Do you know what a real estate contingency is and how it works? Real Estate contingencies are when some defined action or outcome must occur before a contract becomes legal and binding. These contingencies need to be met for a contract to become ratified and binding.

Purchase and sale agreement 135

Purchase and sale agreement Inspection contingency Earnest money deposit Home sale contingency 135

Real Trends

AUGUST 8, 2022

In today’s market, with quickly rising interest rates, some agents are finding themselves with this unfortunate situation more often than usual. The home is doesn’t appraise where it needs to : A home appraisal may reveal that the home isn’t worth what the buyer offered to pay causing them to change their mind.

Pre-approval 79

Pre-approval Inspection Title Home sale contingency 79

Redfin

JANUARY 25, 2021

If you’re a first-time homebuyer , buying a home is an exciting time in your life — not to mention a little anxiety-inducing. But after touring dozens of homes and finally finding “the house,” you’re ready to make an offer. 1) Home inspection contingency. 2) Appraisal contingency.

Purchase and sale agreement 79

Purchase and sale agreement Home sale contingency Inspection contingency Title 79

Realtor.com

DECEMBER 3, 2020

Natee Meepian/Getty Images For first-time home buyers, finding the perfect place to settle down is hard enough. Having your home offer rejected doesn’t have to mean it’s back to renting. Here are a few common reasons your home offer might have been rejected, and a few helpful tips on what you can do about it.

Earnest money deposit 145

Earnest money deposit Due diligence Home sale contingency Agents 145

Realty Biz

JULY 1, 2023

Navigating the escrow process is a critical aspect of home buying, ensuring a secure and smooth transaction for both buyers and sellers. Escrow acts as a neutral third party that holds funds and documents until all conditions of the home purchase are met. Selling your home can be a bumpy journey.

Purchase and sale agreement 75

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

Realtor.com

DECEMBER 2, 2021

Why did Teresa Giudice’s home sale fall through? . Yet real estate experts and agents have theories about what went wrong. . So Giudice’s willingness to wait an additional 200-plus days in sale pending status was quite unusual—and probably a bad move on her part. . Common reasons why home sales fail . .”

Earnest money deposit 77

Earnest money deposit Sales Home sale contingency Days on market 77

HomeLight

NOVEMBER 9, 2021

If you need to sell your home pronto, now is a great time. For a seller in a hurry, the shortage of homes means you can anticipate fewer days on market (DOM). Just how fast can you sell your home? How it might take 12-75 days to sell your home. Condition of your home. Condition of your home. Listing price.

Purchase and sale agreement 85

Purchase and sale agreement Home sale contingency Title search Inspection 85

Windemere Selling

NOVEMBER 30, 2022

The following information is meant to clarify some common real estate terms that describe a home for sale and its position in the closing process. For sellers, understanding this terminology will inform your conversations with your agent when it comes time to sell. What is the difference between pending and under contract?

Purchase and sale agreement 52

Purchase and sale agreement Backup offer Home sale contingency Inspection 52

HomeLight

SEPTEMBER 30, 2021

There’s a lot to understand and consider, often in a short amount of time as you list your home or are looking to make an offer on a home. Perhaps you’ve fallen in love with a home that’s under contract with a kick-out clause. Or maybe you’re selling your home and a buyer’s submitted an offer that includes one.

Purchase and sale agreement 91

Purchase and sale agreement Home sale contingency Inspection contingency Sales 91

HomeLight

JANUARY 30, 2024

You can then make a strong offer on your next home with no home sale contingency. Learn More What makes up the ‘cost of living’ in New Mexico? When you’re planning to live in a new state, the cost of living there will be a combination of expenses required to maintain your desired lifestyle. It’s free for personal use.

Home sale contingency 103

Home sale contingency Closing costs Technology Sales 103

Realty Biz

MARCH 14, 2021

The iBuying business model sees companies such as Opendoor and Zillow give people a way to sell their homes quickly. Homeonwers can request an instant offer on their home and then sell it to the iBuyer immediately if they decide to accept it. The iBuyer will then renovate the home if necessary, and then try to sell it on at a profit.

Pre-approval 101

Pre-approval Home sale contingency Title Renovation 101

HomeLight

JANUARY 22, 2024

You can then make a strong offer on your next home with no home sale contingency. If you’re considering moving to Wyoming, you might be wondering, “What is the cost of living?” and “How does it compare to where I currently live?” Learn More What makes up the ‘cost of living’ in Wyoming?

Home sale contingency 99

Home sale contingency Closing costs Technology As-is 99

HomeLight

JANUARY 22, 2024

You can then make a strong offer on your next home with no home sale contingency. Learn More What makes up the ‘cost of living’ in Maryland? When you’re planning to live in a new state, the cost of living there will be a combination of expenses required to maintain your desired lifestyle. It’s free for personal use.

Home sale contingency 100

Home sale contingency Closing costs Technology Equity 100

HomeLight

JANUARY 30, 2024

You can then make a strong offer on your next home with no home sale contingency. You’re considering a move to Vermont, and your first thought is, “Can I afford it?” The best way to figure this out is to determine the Vermont cost of living and how it compares to where you currently live.

Home sale contingency 95

Home sale contingency Closing costs Technology Sales 95

HomeLight

JANUARY 22, 2024

You can then make a strong offer on your next home with no home sale contingency. Learn More What makes up the ‘cost of living’ in Oregon? The “cost of living” in a state or city is based on a combination of expenses required to maintain your desired lifestyle. It’s free for personal use.

Home sale contingency 84

Home sale contingency Closing costs Technology Sales 84