HomeLight

JULY 6, 2023

In the meantime, with a “Contingent” status, the seller is typically allowed to continue showing the home and accept backup offers in the event something goes awry. Home sale contingency This contingency can arise when a buyer must sell their current home before buying yours. What other MLS statuses do agents use?

MLS 105

MLS Backup offer Inspection contingency Purchase and sale agreement 105

Redfin

JUNE 17, 2025

So whether you’re house hunting in Portland, OR , Tacoma, WA or Olympia, WA , this Redfin guide will explain how bumpable offers work and what they mean for you as a homebuyer. What is a bumpable offer? Bumpable offer vs. sale pending: what’s the difference? When should a seller accept a bumpable offer?

Backup offer 31

Backup offer Pre-approval Home sale contingency Equity 31

RIS Media

MAY 19, 2021

” What do they mean and how will they affect your home sale? Despite this, there can still be room to negotiate the conditions of the sale. The contingent label in a listing indicates that the seller has accepted the offer; however, certain things need to happen before things can move on. Home Sale Contingencies.

Purchase and sale agreement 98

Purchase and sale agreement Earnest money deposit Inspection contingency Home sale contingency 98

Realtor.com

MARCH 26, 2021

With condo sales already picking back up and prices rebounding to catch up with the rest of the market, buyers who pick up condos now may find themselves in a particularly strong position. A backup offer rarely secured a transaction in the past, but with so many pending sales falling through, agents like Ms.

Marketing 47

Marketing Backup offer Agents As-is 47