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How Long Can a House Be Contingent?

HomeLight

Contingent listings can be puzzling and sometimes frustrating — especially when you’re searching for your dream home. In this post, we’ll unpack real estate contingencies, clarify the difference between contingent vs. pending, and explain how long a house might remain labeled as contingent. Why Move Twice?

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What’s the Deal with Making a Cash Offer on a House?

HomeLight

A cash offer simply means that a buyer already has the funds available to buy the house and can pay for it without securing a mortgage loan. The associated contingencies , which come with additional risks for the seller, are where you’ll find most key distinctions between a cash offer and an offer backed by a mortgage loan.

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What Buyers Need to Know About Making an Offer on Active Contingent Listings

HomeLight

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? In this guide, we’ll take the term “active contingent listing” and break down what it means. Many offers contain contingencies.

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How to Sell Your House Without a Realtor: 14 Steps to Selling FSBO

HomeLight

Your house is spotless, if you can ignore the open house signs and marketing flyers strewn across the dining room floor. It’s time to sell your home, and you’ve made the bold decision to do so on your own — without hiring a Realtor®. Research your home’s market value and set a competitive listing price.

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Use These 8 Strategies to Get Yourself a Home in 2022’s Real Estate Market

HomeLight

But there’s a catch: Because you don’t typically have to provide any documentation, nothing is verified, and this loan amount isn’t guaranteed. When underwriting is completed before you make an offer on a house, it can speed up the closing process, making your offer more attractive to sellers. Peterson is right. Leslie Peterson.