RIS Media

APRIL 18, 2022

Speak to your real estate agent about what to expect. It will help tailor your offer when the time comes. It may make sense to put in a backup offer when you’re not the winning bidder. Many buyers will put in offers on homes that are contingent just in case the home of their dreams comes back on the market. .

Pre-approval 116

Pre-approval Backup offer Due diligence Rent back 116

Realty Biz

NOVEMBER 11, 2020

How your real estate agent markets your property when an offer has been accepted can have vital implications. For example, some agents will mark your home contingent, while others will mark pending. When a home sale is listed as contingent, it means that the seller has accepted an offer with contingencies.

Backup offer 110

Backup offer Sales Home sale contingency Earnest money deposit 110

The Residential Specialist

DECEMBER 31, 2020

The pandemic has caused a surge in the housing market, and agents must guide clients through the stress of buying and selling homes. With many restaurants, stores and other businesses closed, people also aren’t going out as much and realize they want more from their homes, whether it’s an updated kitchen or space to spend time outside.

Backup offer 98

Backup offer Pre-approval Agents Banks 98

RIS Media

APRIL 8, 2022

While financing may be pre-approved, the process is complex. Something can come up (such as an unanswered financial obligation or a significant purchase before the closing that changes the debt-to-income ratio) and put a home back. . Sometimes significant problems are revealed that could hinder the closing happening.

Debt-to-income ratio 144

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

HomeLight

JUNE 9, 2023

A property listed as “contingent” in real estate means the seller has accepted an offer, but the deal isn’t fully closed yet. ” Step one: Talk to a few buyer's agents! It’s also true that most real estate contracts, even those with contingencies, end up closing.

Home sale contingency 139

Home sale contingency Inspection contingency Purchase and sale agreement Inspection 139

Windemere Buying

JUNE 22, 2022

Making an offer on a house feels like a reason to celebrate. You’ve applied for financing , worked with your agent to search for available listings, put in time attending open houses, and have found the place you’re ready to call home. So, what happens after you make an offer on a house?

Purchase and sale agreement 52

Purchase and sale agreement Inspection contingency Seller concession Backup offer 52

First Team Real Estate

DECEMBER 7, 2020

Having several offers on your home is fantastic, however, how do you guarantee you pick the very best deal and don’t miss out on an even better one? Understanding your own expectations and wants, and communicating that to your agent is crucial to identifying the right offer when you have several pouring in.

Purchase and sale agreement 98

Purchase and sale agreement Pre-approval Title Backup offer 98