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Is a Home Sale Contingency Clause Always Necessary? Here Are Your Options

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But one of the most influential bargaining tools is eliminating contingency clauses, especially the seller contingency clause, also known as the home sale contingency. What is a contingency clause? Let’s begin by looking at the “what” and “why” of contingency clauses. Source: (Masjid MABA / Unsplash).

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What Is a Home Sale Contingency?

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Most often, this type of scenario calls for a home sale contingency. With the help of real estate agent Jesse Allen , a single-family home expert in southern Indiana , we’ll help to explain the ins and outs of home sale contingencies, and offer additional alternatives for buyers who currently own a home.

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Do I Accept the First Offer on My House, or Wait and See?

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You found your new home and want to avoid carrying two mortgages. It’s an inherited home you’re eager to sell. An experienced agent can guide you on whether or not the offers you receive on your home are worth considering. Contingencies : Various types of purchase contingencies can delay a sale. It depends.

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When Should I Sell My House? 6 Tips to Help You Decide

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The time of year and market conditions you list your home in can significantly impact your sale speed and price. Nationally, data points to November as the best month to sell if you’re looking to maximize your sales price, and July is the best month if you’re looking to sell fast.

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Everything You Need to Know About Making an Offer: 15 Tips for Homebuyers

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Knowing how to write a strong offer won’t do you much good if you don’t have the budget to cover it because you’ve been looking at homes way out of your price range. Then, make sure you are only searching for, and writing offers for, homes you can truly afford. No sales contingency? Source: (Andrea Piacquadio / Pexels).

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Sell Your House for Cash: For Some, the Convenience Can’t Be Beat

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While that still happens in scenarios where a seller can’t afford repairs or is facing serious issues with a property, cash sales have expanded beyond the distressed homes market, as sellers benefit from new technologies, instant sale platforms , and a competitive housing environment that has increased the percentage of cash offers.

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Tempted by Those ‘We Buy Houses’ Ads? Weigh the Pros and Cons

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Michael Ramos is an experienced agent in San Jose , California, who sells homes 61% faster than average agents in his area. A quick sale is a big plus to working with these buyers, but that sale could cost you in the long run. Sell Your Home Without Repairs, Staging, or Showings. Need a quick sale? Request Offer.