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What Does ‘Under Contract’ Mean on a Home Listing?

HomeLight

Find a Top Agent With Experience in Contingency Offers If you need to make an offer on a home with contingencies, you’ll want a top agent by your side who can avoid pitfalls and secure the home you want. Kaczor , a top-selling agent from Illinois with 30 years of experience. “It

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16 Tips to Win a Bidding War on a House

The Close

I contacted the listing agent only to learn that all offers were due by 5:00 p.m. Offer Above Asking Price When your buyers are competing with others in a multiple-offer situation, and the listing agent is asking for the “highest and best” offer, it’s a good idea to suggest offering more than the asking price.

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How Do I Cancel a Home Purchase Offer? Cold Feet

Realty Biz

In my eagerness to buy my first home, I made a full-price offer with the only continency being that my mortgage was approved. I didn’t even include an inspection contingency. I’m almost certain that your biggest concern is about what will happen with your earnest money if you back out of the deal.

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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. 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.

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7 Creative Strategies to Make Your Offers Stand Out in a Seller’s Market

The Close

Listing agents are flying high with attention on their listings. But, of course, buyer’s agents are always frustrated with the amount of work they are putting in, only to get shot down and have to repeat the process over and over again. CALL the Listing Agent. Make Sure You Have a Proper Approval Letter From a Reputable Lender.

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17 Home Closing Delays and How You Can Avoid Them

HomeLight

In the February 2020 Realtors Confidence Index survey by the National Association of Realtors, 77% of real estate agents responded that contracts closed on time, and 19% reported delays but eventually closed; 4% of contracts were terminated. Loan approval. Repairs identified in the inspection. Pay the difference out of pocket.

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How to Sell a House by Owner in Colorado

HomeLight

Sellers who may have been wondering about how to sell a house by owner in Colorado during the hot seller’s market of 2021-2022 may now face stronger headwinds and more discerning buyers, according to top real estate agents surveyed by HomeLight. FSBO is a method of selling your home without the involvement of a listing agent.