Remove appraisal-contingency
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When Can a Buyer Cancel a Home Purchase Agreement?

HomeLight

But what happens if you’re now facing the decision of submitting a buyer cancellation of the purchase agreement? In this guide, we’ll break down what you need to know about buyer cancellation of a purchase agreement. What is a home purchase agreement?

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Guide – Purchase and Sale Agreements (PSAs)

C4D Crew

This article will guide you through one of the more important of those documents—the purchase and sale agreement. . By the end of this article, you’ll know exactly what’s in a PSA, why PSAs are an essential part of purchasing a home, and who’s responsible for drafting it. . Defining Purchase and Sale Agreements (PSAs).

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What is a Purchase and Sale Agreement?

Redfin

One of these important pieces of paperwork is a purchase and sale agreement. . To help you navigate this document, we’ll go over what a purchase and sale agreement is, what makes up the agreement, and what happens after the agreement is signed. What is a purchase and sale agreement?

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What Does It Mean to Back Out of a Home Purchase?

HomeLight

Buying a house is a major milestone, but what happens when you have second thoughts, or you can’t fulfill the agreement you signed? Backing out of a home purchase isn’t a decision made lightly, yet it’s a scenario that buyers might face. But what’s the real meaning of backing out of a home purchase?

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How Long Can a House Be Contingent?

HomeLight

Perhaps you’ve found a house you love, but it’s labeled with a “contingent” status. How long can a house be contingent? Contingent listings can be puzzling and sometimes frustrating — especially when you’re searching for your dream home. We’ll also share how you can make a strong offer with fewer contingencies.

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Ask Brian: What Happens When a Home Buyer Backs Out of a Signed Purchase Agreement?

Realty Biz

We decided to sell our house as “for sale by owner” to save the agent’s commission. Both the buyer and we signed a generic purchase agreement. I don’t know what is in your generic purchase agreement. But there could be something else involved such as a contingency clause. Answer: Hello Shelly.

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Pro Tips to Help You Understand Your Home Purchase Agreement

HomeLight

Whether you sell your home FSBO (for sale by owner) or with the help of a top real estate agent , you will enter into a purchase agreement that will come from the buyer or buyer’s agent. Missteps or misunderstandings in this important contract can delay the sale of your home or even box you into a bad deal.