Remove Backup offer Remove Closing costs Remove Home sale contingency Remove Marketing
article thumbnail

How does the “buy before you sell” model differ from iBuyers and Power buyers?

Housing Wire

With PowerBuyer ‘buy before you sell’ solutions, the PowerBuyer typically purchases the next home, leases it to the consumer, then sells it back to them after their first home sells. This model is still expensive for homeowners because they are paying duplicate closing costs and leaseback fees.

article thumbnail

Real Estate Terminology: Contingent, Pending, Under Contract, and More

Windemere Selling

Pending: When a home is listed as “pending” it means the seller has accepted the buyer’s offer and the sale will most likely be finalized after a successful final inspection and the buyer securing financing. What does contingent mean in real estate? Image Source: Getty Images – Image Credit: xavierarnau.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What Is a Home Sale Contingency?

HomeLight

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.

article thumbnail

Multiple Offers on Your Home? 14 Concerns You Must Address with Your Realtor

First Team Real Estate

Here’s how to review details in a tidy, orderly manner so you can make sense of your home sale. Amidst a continuous pandemic, seller’s markets are still holding strong throughout the nation. The purchasers will not get this cashback if they back out of the offer unless defined in the agreement. Contingencies?