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What Buyers Need to Know About Making an Offer on Active Contingent Listings

HomeLight

Common contingencies include issues with appraisals, home inspections, or the buyer’s home sale. In other words, the primary deal on an active contingent listing might (maybe) fall through, causing sellers to place their home back on the market — or accept a backup offer. “I Common types of contingencies.

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10 Things to Know About the ‘Sale Pending’ Phase, aka House Closing Limbo

HomeLight

Real estate agents keep an eye on sales pending properties because there are a number of ways that the deal could fall through and the house could come back on the market. Things that could derail a sale during the sale pending period include: The home inspection. Line up backup offers to hedge your risk.

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