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How Long Can a House Be Contingent?

HomeLight

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. We’ll also share how you can make a strong offer with fewer contingencies. Learn More What does contingent mean? Why Move Twice?

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Under Contract vs. Pending: A Home Buyer’s Guide to Status Tags

HomeLight

Searching for a home to buy can be a time of excitement and anxiety. You may be building an online watchlist of homes you’re interested in seeing, but then you notice a label tagging your favorite property listing as “under contract” or “sale pending.” Can you make an offer on a home that’s under contract?

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Should I Waive the Mortgage Contingency in My Offer?

HomeLight

The decision to waive the mortgage contingency, while potentially making your offer more appealing, carries a sloshing bucket of risks and considerations. The decision to waive the mortgage contingency, while potentially making your offer more appealing, carries a sloshing bucket of risks and considerations.

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The Top 9 Contingencies to Consider in Your Offer When Buying a Home

Redfin

If you’re a first-time homebuyer , buying a home is an exciting time in your life — not to mention a little anxiety-inducing. But after touring dozens of homes and finally finding “the house,” you’re ready to make an offer. 1) Home inspection contingency. 2) Appraisal contingency.

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How to Sell a House by Owner in Colorado

HomeLight

Year-over-year, monthly sales in the Phoenix metro area were down nearly 25%. Often, the decision to go for sale by owner (or, “FSBO”) is motivated by a desire to save on agent commissions. Once you’ve seen what’s required, you can roll up your sleeves and get started with your FSBO sale in Colorado. Quick FSBO overview.

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What is a 72-Hour Kick Out Clause And How Does It Work In a Home Sale?

HomeLight

Say you’re visiting yard sales on a Saturday morning and you come across the perfect wicker patio set, exactly what you’ve been looking for. Kick-out clauses are often employed when the buyers have to sell their current home first, and the sellers want to continue marketing their home in the meantime.

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How to Start Investing in Real Estate with No Money: A Handbook for Beginners

HomeLight

Owning your own home is honored as an important piece of the American Dream and often touted as a wealth-building tool. And you’ll also need to check with your landlord and leasing agreement to make sure renting your apartment is permitted in the first place (many leases prohibit subletting). Consider a master lease agreement.