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What Does Removing the Loan Contingency Mean for Homebuyers?

HomeLight

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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How Long Can a House Be Contingent?

HomeLight

These conditions, or contingencies, are agreed upon by the buyer and seller during the negotiation phase. Appraisal contingency: This ensures that the property must be appraised at a value equal to or higher than the sale price. Essentially, the deal can proceed to closing only if these specified conditions are fulfilled.

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How to Sell Your House Without a Realtor: 14 Steps to Selling FSBO

HomeLight

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. If you follow interior design trends, you may want to stage and style your home yourself.

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How to Sell a House ‘As Is’ in Ohio

HomeLight

According to top producing Columbus, Ohio real estate agent, Lorraine (Lori) Lynn , every house is sold ‘as is’ in the state of Ohio. Real Estate Agent. Real Estate Agent at Corcoran Global Living. The main options to sell a house ‘as is’ include: List ‘as is’ with the help of a real estate agent. Lorraine Lynn.

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