Redfin

JUNE 17, 2025

Accepting a contingent offer on your home can feel like a gamble – but it doesn’t have to. The short answer to whether you should accept a contingent offer on your house is that it depends. Working with a Redfin real estate agent can help distill this information down and make it a lot less confusing.

Inspection contingency

Redfin

JULY 9, 2025

Lean on your real estate agent for local expertise, virtual tours, and inspections. Buying a home is a huge milestone for many, but that excitement can turn to worry when buying a house in another state. Since you’ll be remote for most of the process, your agent becomes your eyes and ears on the ground.

Pre-approval

Redfin

JULY 14, 2025

Walking away from one could cost you your earnest money deposit (typically 1%–3% of the home price), and in some cases, you could even be sued for breach of contract. To protect yourself, work closely with your real estate agent to include appropriate contingencies and timing strategies so you’re not caught in a bind.

Earnest money deposit

HomeLight

FEBRUARY 20, 2025

Youve just found your dream home and are finalizing your offer when your real estate agent calls with concerning news. To sweeten your offer, you may be considering waiving the appraisal contingency, promising not to walk away from the deal if the appraisal comes in below your offer price. What is a contingency?

Inspection contingency

Redfin

JUNE 17, 2025

Pros and cons of making an offer on a home with a bumpable buyer How to compete with a bumpable buyer FAQs about bumpable buyers What is a bumpable buyer? 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.

Backup offer

Housing Wire

AUGUST 27, 2024

Fintech Calque rolled out an affordable version of its Buy Before You Sell program that enables homeowners to remove home sale contingencies and debt-to-income (DTI) constraints. The Calque PPG will be the minimum amount required to remove the home sale contingency, according to the firm.

Home sale contingency

Realty Biz

JULY 17, 2022

Kick-Out Clause vs. Home Sale Contingency. When the real estate market favors sellers home sale contingencies almost become extinct. In hot markets there would never be a need for a seller to even considered a home sale clause. Bidding wars have been the norm not the exception.

Home sale contingency

HomeLight

MARCH 20, 2023

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.

Home sale contingency

Housing Wire

SEPTEMBER 30, 2024

But while the market has cooled, local agents say it isn’t tepid. “If If you price the house right, you are still seeing a lot of interest and offers,” said Danny Yoon, an Edgewater, New Jersey-based agent for Sotheby’s International Realty. “I This compares to 21 days for homes with a median price of $590,000.

Marketing

RIS Media

MAY 22, 2023

One such scenario occurs when sellers accept a… The post Why a Home-Sale Contingency Can Be Disastrous for Sellers appeared first on RISMedia. The odds of having an unpleasant experience increase when homeowners don’t make sound decisions.

Home sale contingency

HomeLight

MARCH 31, 2022

Home listings have been in short supply for several years now across the U.S., To succeed in getting a seller to consider your offer, you need to work in advance with your real estate agent to assess the best bargaining tools to entice the seller to move your offer to the top of the list. What is a contingency clause?

Home sale contingency

Housing Wire

FEBRUARY 14, 2024

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.

Backup offer

HomeLight

JUNE 9, 2023

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?

Home sale contingency

Realty Biz

JULY 6, 2022

Real Estate agents need to be proactive and set proper expectations with the seller clients. A real estate agent should always be cognizant about over promising and under delivering. The Original List Price to Sale Price Ratio Will Drop. As homes stay on the market, the list price to sale price ratio can drop even further.

Home sale contingency

HomeLight

NOVEMBER 29, 2021

These are called contingencies, and they’re very common in a real estate sales contract. They’re basically in every purchase agreement ,” says Rick Ruiz , a top real estate agent in Las Vegas, Nevada , who completes 15% more sales than the average Las Vegas. However, a buyer can also be protected by contingencies.

Purchase and sale agreement

HomeLight

DECEMBER 30, 2023

In this post, we’ll explain terms like “under contract,” “sale pending,” and “active under contract” and how they might impact your home-buying journey. We analyze over 27 million transactions and thousands of reviews to determine which agent is best for you based on your needs.

Home sale contingency

HomeLight

JANUARY 31, 2024

Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. You can then make a strong offer on your next home with no home sale contingency. Learn More What does contingent mean?

Purchase and sale agreement

Point2Homes

DECEMBER 8, 2020

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.

Purchase and sale agreement

Realty Biz

NOVEMBER 11, 2020

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.

Backup offer

HomeLight

SEPTEMBER 10, 2022

Understanding the implications of a kick-out clause can make the difference between buying the home you want and being saddled with two mortgages (or not being able to qualify for financing). Real Estate Agent. Real Estate Agent at RE/MAX Accent. Single Family Homes. An inspection contingency. Teresa Cowart.

Purchase and sale agreement

The Close

SEPTEMBER 19, 2024

By mastering these techniques and learning from real estate counteroffer examples, agents can ensure that buyers and sellers achieve mutually beneficial agreements. As a real estate agent, your role in guiding clients on counteroffers is crucial. Dear [Buyer's Agent], Thank you for your offer on [Property Address].

Purchase and sale agreement

HomeLight

MARCH 18, 2022

If you’re in this situation (or think you will be soon), know you aren’t alone: 51% of all buyers in 2021 owned their previous home , and 53% said finding the right property was the most difficult step of the homebuying process. What is a home sale contingency? How does a home sale contingency work?

Home sale contingency

HomeLight

JULY 31, 2022

One of the first steps is to pick a real estate agent to work with. But what if you decide that you don’t want to work with a buyer’s agent to buy your home? Well, welcome to your step-by-step guide to buying a home without a real estate agent. Find a home. You’ve decided it’s time to buy a house !

Earnest money deposit

HomeLight

SEPTEMBER 16, 2024

With the help of two top-rated real estate agents, we’ve created a 7-factor test to help you decide between multiple offers on your home. Sell Faster and for More Money With a Top Agent HomeLight data shows that the top 5% of real estate agents sell homes faster and for up to 10% more than average agents.

Home sale contingency

Redfin

AUGUST 4, 2021

Keeping track of the differences between a listing agent, selling agent, seller’s agent, and even buyer’s agent can be a bit challenging, so learning to quickly recognize what these terms refer to in real estate can help you move forward confidently with buying or selling your home. What is a listing agent?

Agents

HomeLight

AUGUST 23, 2024

If you’re hoping to purchase a home in the near future, you should be aware of a major change to the home-buying process that has altered how homes are purchased and shopped across the country. You can then make a strong offer on your next home with no home sale contingency.

Purchase and sale agreement

The Close

SEPTEMBER 10, 2020

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. What is the ideal timing they want or need to be out of their home?

Home sale contingency

Realtor.com

DECEMBER 3, 2020

Keep in mind that sellers are looking for a good deal just as much as you are, and you should plan on working with your real estate agent to make sure the sellers at least feel like they’re getting one. If you need a certain home sale contingency, for instance, and can’t remove it, then move on,” Parnes says.

Earnest money deposit

Realty Biz

FEBRUARY 20, 2021

The meaning of contingent has slight variation differences from state to state, so check with your real estate agent for clarification. Real Estate Contingencies Explained. The mortgage contingency clause will specify how much the buyer is borrowing and when they need to procure their financing.

Purchase and sale agreement

HomeLight

DECEMBER 29, 2023

In this brief guide, we’ll provide an overview of what it means to make a non-contingent offer, its benefits, risks, and when it might be the right strategy for you. Partner With a Top Buyer’s Agent to Guide You HomeLight can connect you with a top-rated local real estate agent familiar with non-contingent offers.

Inspection contingency

RIS Media

MARCH 18, 2022

The partnership aims to help homebuyers in Northern Virginia and Virginia Beach overcome barriers to homeownership by using “All Cash by Weichert Financial, powered by Ribbon”—waiving mortgage, appraisal and home sale contingencies, the company stated.

Home sale contingency

Realty Biz

APRIL 20, 2022

Your real estate agent will be able to advise you about this, and it can be added to the offer agreement. Home Sale Contingency. If you need money from selling your own home to buy a new property, a home sale contingency can be added to the offer. Final Thoughts.

Purchase and sale agreement

HomeLight

SEPTEMBER 25, 2023

Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. You can then make a strong offer on your next home with no home sale contingency. Learn More What is a real estate Buy Before You Sell program?

Home sale contingency

HomeLight

SEPTEMBER 27, 2023

Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. You can then make a strong offer on your next home with no home sale contingency. You’ve found a new home but don’t want to risk losing it to another buyer.

Equity

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? Barnes has completed 10% more deals than the average agent in his area. Home sale contingencies. Real Estate Agent.

Backup offer

HomeLight

DECEMBER 19, 2023

The benefit of buying before selling is peace of mind,” explains Christine Marion, a HomeLight Buy Before You Sell Certified agent who serves on the top-performing Ryan Raymond team in Sarasota, Flordia. With the right program, you can purchase a home before selling by using some of your equity in advance,” she explains.

Home sale contingency

RIS Media

APRIL 8, 2022

If the house doesn’t get sold in the stipulated time, the sale can fail to materialize. The clause is referred to as a home sale contingency. . Is there a difference between contingent and pending? In a nutshell, a pending home sale usually no longer has any contingencies to satisfy.

Debt-to-income ratio