appraisal-contingency 
HomeLight
APRIL 30, 2021
A cash offer simply means you have all the money you need to buy the home in cash. If you’re using cash, you’ll have to show proof of funds with your offer. Typically, with a financed offer — that is, one that’s backed by a mortgage — your offer is contingent on the mortgage going through successfully.
HomeLight
JULY 31, 2021
The bills are stacking up or perhaps you lost some income recently, and the money tied up in your home would help a ton at a time like this. turn four walls and a roof into money in the bank, without the need for inconvenient showings, nail-biting appraisals , or a 50-day closing. Order a home appraisal.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
HomeLight
MAY 24, 2022
Even though it’s all cash to the sellers at closing, with a cash offer, “you don’t have to go through the appraisal or the bank approval process — it’s cleaner.”. But other than reaching the closing table faster with cash, another advantage to a cash offer is that it saves you money long-term. Submit earnest money: 1 day.
HomeLight
MARCH 16, 2023
More certainty: With a pre-offer walk-through, a cash home buyer can typically provide a firm cash offer that comes with few contingencies, or no contingencies at all. Rather than invest a great deal of time and money to update your home, you can leave this up to someone else while you begin the next chapter of your life.
The Close
DECEMBER 29, 2022
Active contingent. To help your clients understand contingencies, use the word “conditional.” ” If a property is active contingent, a buyer has submitted an offer to purchase a property, but the sale won’t be finalized until certain conditions, or contingencies, are met. Sure, deals can fall apart.
Expert insights. Personalized for you.
97 
Let's personalize your content