Agents Inspection contingency Short sale 
Redfin
MARCH 4, 2025
There are several types of foreclosure sales – auctions, bank-owned properties, government-owned properties, preforeclosures, and short sales. Youll need to coordinate with your real estate agent in order to tour these properties. Preforeclosure can be tricky as sometimes the properties may never be for sale.
HomeLight
SEPTEMBER 30, 2020
If a homeowner falls behind on their mortgage payments, a short sale is one potential way of correcting course. That being said, the home purchase process is a lot more complicated and drawn out with a short sale because it all hinges on the oversight and approval of a third party: the mortgage lender. Short sales 101.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
HomeLight
NOVEMBER 8, 2024
We’ll also share tips on how you can make a strong, non-contingent offer so you’re not stuck in the pending zone. 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.
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. In this case, even though contingencies are still pending, the seller has decided that they will forego any more showings. Short Sale.
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. Inspection contingencies. Appraisal contingencies.
The Close
AUGUST 6, 2024
As their agent, you must also know how to protect your clients through the as-is selling process and understand the nuances such as navigating inspections and disclosures. A seller also may sell a home as-is at full market value, even if the repairs are minor, if they’re underwater on their mortgage, or if it is a short sale.
HomeLight
JULY 6, 2023
That’s why it’s important for your real estate agent to keep your property’s status up to date, both in the multiple listing service (MLS) that agents cooperatively use, as well as in online marketplaces, which pull data from the MLS. contingent,” so you can present your home accurately and still meet your selling goals.
Expert insights. Personalized for you.
Let's personalize your content