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What Are Common Terms and Conditions in a House Offer

Realty Biz

Let’s look at the most common contingencies in an offer and what they mean to buyers and sellers. Common Contingencies Found in an Offer to Purchase. Home Inspection Contingency. One of the most common terms in an offer is the home inspection contingency clause. Home Sale Contingency.

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Common Real Estate Contingencies

Windemere Selling

When selling your home, a buyer may make their offer with contingencies attached. Here are some common contingencies you might see in a buyer’s offer and what they mean for you. A majority of sellers will pull a pre-title report to provide transparency for a smooth transaction.

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Making a Contingent Offer: Common Real Estate Contingencies

Windemere Buying

Common Real Estate Contingencies. Home Inspection Contingency. After you’ve made an offer, you’ll have a home inspector thoroughly examine the home before the deal is final. Home Sale Contingency. If you don’t sell your home by the specified date, the contract is terminated.

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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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4 signs a pending home sale will fall through

Real Trends

Aspiring and veteran real estate agents should be well aware that the same applies to the home buying and selling process: uncertainty hangs over every deal. How often does a pending home sale fall through? A pending sale may be referred to as “under contract” by some real estate agents.

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How Fast Can I Sell My House? It Can Take 75 Days or 12

HomeLight

For a seller in a hurry, the shortage of homes means you can anticipate fewer days on market (DOM). Just how fast can you sell your home? During a seller’s market like the one, we had in the summer of 2021, a top real estate agent could help you find a buyer for your home in as few as 75 days from listing to closing.

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17 Home Closing Delays and How You Can Avoid Them

HomeLight

While seamless closings are ideal for everyone involved, they almost never happen unless the buyer is paying cash on the home, and even then there can be a roadblock or two. Out of the delayed contracts, the most common causes were financing issues (37%), followed by appraisal issues (18%) and inspection issues (16%). Dodge move.

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