Remove Agents Remove Backup offer Remove Home sale contingency
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Can a Seller Accept Another Offer While Under Contract?

Redfin

Backup offer stage: Backup offers are legal and provide an opportunity for other interested buyers to remain in line. The seller can officially accept a backup offer, which only becomes effective if the primary deal collapses due to unmet contingencies or buyer withdrawal.

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What Is a Bumpable Buyer? How Bumpable Offers Impact Your House Hunting

Redfin

A bumpable buyer is someone who has an accepted offer on a home but the sale depends on them selling their current home first. This is called a home sale contingency. Because the deal depends on another sale, sellers often include a bump clause in the contract.

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How does the “buy before you sell” model differ from iBuyers and Power buyers?

Housing Wire

The original home is usually purchased at a discount. The second stage was pioneered by real estate agents that saw how hard the consumer experience was first-hand, so they created the PowerBuyer model to address those issues with less cost relative to iBuyers. Calque provides homeowners with a Purchase Price Guarantee (i.e.,

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What Is a Home Sale Contingency?

HomeLight

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.

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What is a Contingent House Listing?

Point2Homes

Essentially, contingent listings still have contingencies to be fulfilled in order for the sale to go through, so the seller may still be open to other offers. It’s certainly possible that the home could come back on the market and, by getting in touch, you might be able to jump to the front of the line.

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What Does Contingent Mean in Real Estate Sales

Realty Biz

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.

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What Does Contingent Mean in Real Estate?

HomeLight

So in this context, “contingent” is a bit like saying, “Hold on, we’re working things out!” ” Step one: Talk to a few buyer's agents! Get Started Are contingencies common in real estate? “All What are the most common contingencies? Can I negotiate a contingent offer?