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How Long Can a House Be Contingent?

HomeLight

You can then make a strong offer on your next home with no home sale contingency. Learn More What does contingent mean? In real estate, when a house is listed as “ contingent ,” it means the sale of the property is conditional upon certain criteria being met.

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What Is a Mortgage Contingency? Purchase Offer Protection

HomeLight

In this guide, we’ll explore the ins and outs of a mortgage contingency, helping you understand how it works and why it may — or may not be — part of your home-buying plan. The most experienced agents know how to safeguard your earnest money and time. Get Started What is a mortgage contingency?

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What Do Cash Buyers Look for in Real Estate?

Realty Biz

Property sales often involve several contingencies , but cash buying can eliminate some, making things easier. For example, there's no need for a loan contingency (mortgage contingency). With a standard purchase, this allows a buyer to back out of a sale if they can't obtain a loan.

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A California Conundrum: Selling One Home to Buy Another? It’s Simple With HomeLight Trade-In

HomeLight

When real estate agent Peter Abdelmesseh met his clients, Eric and Samantha Johnson, he knew the couple would need a creative solution to make their move a reality. Any agent who has helped a family sell one home to buy another has watched their clients navigate this scenario. Source: ( Peter Abdelmesseh.

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zavvie Releases 2022 Seller Preferences Report

RIS Media

Buy Before You Sell, Sale Leaseback and especially Cash Offer options for homebuyers catapulted the growth of Power Buyers and their accessibility to consumers. According to the report, consumers gained an advantage when working with a Power Buyer versus using a traditional mortgage with a loan contingency.

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zavvie Reveals new iBuyer and Power Buyer Report

RIS Media

The report noted, “It’s time to stop questioning whether iBuying is good or bad and start asking if an instant offer is a good option for your next home sale.”. Buy before you sell, sale leaseback, and especially cash offer options for home buyers catapulted the growth of Power Buyers and their accessibility to consumers.

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Tips for Negotiating After the House Inspection

Realty Biz

Following the inspection is a time that real estate agents typically play an important role. A good place to start is for both agents to go over the report separately with their clients. They should make it clear that generally five options could result from the report: Do nothing by completing the sales as already agreed to.