HomeLight
DECEMBER 12, 2023
Perhaps the biggest gear that needs to turn in your favor is the mortgage loan. This is where a mortgage contingency can save the day. A mortgage contingency protects you in such situations, ensuring that you’re not left holding an empty bag if the financing falls through. Get Started What is a mortgage contingency?
HomeLight
JANUARY 31, 2024
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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Realty Biz
JANUARY 7, 2021
Buyers and sellers often think the negotiations are complete as soon as both parties sign the purchase agreement. The inspector’s role is to make the buyer aware of any problems that may not have been known previously so the buyer can make an informed purchase decision. Risks of Waiving a Home Inspection. Negotiate a new price.
HomeLight
NOVEMBER 29, 2021
According to the National Association of Realtors® (NAR) 2020 Profile of Home Buyers and Sellers, 8% of homeowners opted to sell for sale by owner , or FSBO. It takes more than a for sale sign staked to your front lawn to sell a home without an experienced agent. Source: (Kelly Sikkema / Unsplash).
HomeLight
JANUARY 13, 2022
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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