HomeLight

MARCH 31, 2022

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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Home sale contingency Sales Purchase and sale agreement Inspection contingency 79

HomeLight

MARCH 20, 2023

That means a large majority of homebuyers must consider the sale of their current home prior to buying a new one. At the same time, it usually does not make sense for buyers to sell their home without having a new one lined up to move into. Most often, this type of scenario calls for a home sale contingency.

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Home sale contingency Purchase and sale agreement Sales Earnest money deposit 88

HomeLight

JANUARY 4, 2022

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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HomeLight

APRIL 21, 2022

After listing your home for sale, you eagerly, nervously … anxiously await the news that someone wants to buy it. You found your new home and want to avoid carrying two mortgages. It’s an inherited home you’re eager to sell. Contingencies : Various types of purchase contingencies can delay a sale.

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Inspection contingency Home sale contingency Pre-approval Agents 106

HomeLight

SEPTEMBER 23, 2021

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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Rent back Home sale contingency Agents Sales 75

HomeLight

JANUARY 28, 2022

Michael Ramos is an experienced agent in San Jose , California, who sells homes 61% faster than average agents in his area. Not only do they guarantee a cash sale, but they also extend a no-obligation offer and will close on the sale within 30 days. Need a quick sale? How do ‘we buy houses’ companies work? Request Offer.

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Purchase and sale agreement Investor Agents Sales 108

HomeLight

SEPTEMBER 11, 2020

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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Earnest money deposit Purchase and sale agreement Inspection contingency Home sale contingency 78