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HomeLight
JANUARY 31, 2024
In real estate, when a house is listed as “ contingent ,” it means the sale of the property is conditional upon certain criteria being met. These conditions, or contingencies, are agreed upon by the buyer and seller during the negotiation phase. The most extended periods typically relate to mortgage and home sale contingencies.
HomeLight
AUGUST 31, 2021
From a seller’s point of view, if there are two offers that are otherwise identical, and one buyer can pay cash, the cash offer is likely to be viewed as the stronger offer because the buyer 1) definitely has the money, which means that they can 2) close quickly. If sellers get paid at closing either way, why is cash better?
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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? An active contingent listing means that the seller has accepted an offer from a buyer, but certain conditions haven’t been met yet.
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. In some cases, agents arrange for staging on your behalf. Prepare your home for sale.
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. Speaking of contingencies, Peterson says the fewer, the better. Choose a top agent. Peterson is right. Transactions.
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