HomeLight

JUNE 9, 2023

But as your eyes scan the details of the listing, you come across a term that makes you pause: “Contingent.” ” So, what does contingent mean in real estate? A property listed as “contingent” in real estate means the seller has accepted an offer, but the deal isn’t fully closed yet.

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Home sale contingency Inspection contingency Purchase and sale agreement Inspection 141

Realty Biz

JULY 6, 2022

It is not unusual for real estate markets to change. Quite often real estate markets stay the same for quite a while and then something happens that causes a shift. Sometimes it is the general economy, other times it could be interest rates moving significantly up or down, and possibly the stock market changing drastically.

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Home sale contingency Marketing Inspection contingency Inspection 137

Real Trends

DECEMBER 27, 2022

How often does a pending home sale fall through? A pending sale may be referred to as “under contract” by some real estate agents. A sale is considered pending until the seller formally accepts an offer from a buyer. A sale is considered pending until the seller formally accepts an offer from a buyer.

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Sales Home sale contingency Pre-approval Inspection 60

HomeLight

NOVEMBER 9, 2021

If you need to sell your home pronto, now is a great time. The recent housing market has been hot and competitive due to an extreme lack of inventory. For a seller in a hurry, the shortage of homes means you can anticipate fewer days on market (DOM). Just how fast can you sell your home? Traditional Sale.

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Purchase and sale agreement Home sale contingency Title search Inspection 85

Realtor.com

DECEMBER 2, 2021

Why did Teresa Giudice’s home sale fall through? . For one, as a general practice, a closing takes an average of 50 days. So Giudice’s willingness to wait an additional 200-plus days in sale pending status was quite unusual—and probably a bad move on her part. . Common reasons why home sales fail . .”

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Earnest money deposit Sales Home sale contingency Days on market 77

HomeLight

JANUARY 3, 2023

Higher interest rates have been cooling the housing market nationwide, and real estate in Colorado is no exception. Inventory is starting to rise along with the average number of days on market as of September 2022. Inventory is starting to rise along with the average number of days on market as of September 2022.

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Purchase and sale agreement Inspection MLS Inspection contingency 98

HomeLight

DECEMBER 22, 2020

Social distancing and stay-at-home directives have been the theme song of 2020, leading more and more urban dwellers to exit densely-populated city locations in favor of suburban residences. Nationally, a more typical “days on market” timeline would be less than 30 days.). Source: (Wander Fleur / Unsplash). Conveniences.

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Home sale contingency Closing costs Investor Inspection 60