HomeLight

JANUARY 12, 2024

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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HomeLight

JANUARY 31, 2024

Contingent listings can be puzzling and sometimes frustrating — especially when you’re searching for your dream home. In this post, we’ll unpack real estate contingencies, clarify the difference between contingent vs. pending, and explain how long a house might remain labeled as contingent. Why Move Twice?

Purchase and sale agreement 101

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HomeLight

AUGUST 31, 2021

A cash offer simply means that a buyer already has the funds available to buy the house and can pay for it without securing a mortgage loan. The associated contingencies , which come with additional risks for the seller, are where you’ll find most key distinctions between a cash offer and an offer backed by a mortgage loan.

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HomeLight

JANUARY 13, 2022

You’re getting ready to call your agent to schedule a showing when you notice that the listing says the property is “active contingent.”. What on earth does active contingent mean? In this guide, we’ll take the term “active contingent listing” and break down what it means. What does active contingent mean?

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HomeLight

NOVEMBER 29, 2021

For insight on what it takes to sell a home without a Realtor® , we spoke with Texas real estate agent Stephanie Nash. Not only has she sold 100% of her past listings, but the properties sell 46% quicker than the average agent in her area. Source: (Kelly Sikkema / Unsplash). Steps to selling your house without a Realtor®.

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HomeLight

MARCH 23, 2022

In the words of Leslie Peterson , a top agent in San Francisco , California: “It’s just a crazy market right now.”. Real Estate Agent. Real Estate Agent at Leslie Peterson Group | Evolve Real Estate. Peterson is right. Between July 2020 and June 2021, homes regularly sold in one week for full asking price. Leslie Peterson.

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