RIS Media

MAY 19, 2021

” There are other statuses in the MLS listings like “Pending,” “Contingent,” “Coming Soon” and “Expired.” Two important statuses in the MLS are “Contingent” and “Pending.” Financing or Mortgage Contingencies. What Other MLS Statuses Are There?

Purchase and sale agreement 98

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

Realty Biz

NOVEMBER 11, 2020

They will also get their earnest money deposit back , and the home will go back on the market. The Mortgage Financing Contingency. Maybe they have an unsubstantiated cash deposit ? In real estate jargon, this is referred to as a “backup offer.” These appraisal tips will help.

Backup offer 110

Backup offer Sales Home sale contingency Earnest money deposit 110

HomeLight

OCTOBER 20, 2020

If you’ve accepted an offer that is contingent on a home sale and you have added a kick-out clause, your home should be listed with a status such as “Contingent With Kickout. This tells other buyers that the home is still available for showings and backup offers. It’s not instant.

Backup offer 57

Backup offer Purchase and sale agreement Earnest money deposit Home sale contingency 57

HomeLight

MARCH 20, 2023

Financing Contingency: If the buyer’s mortgage proceedings fall through, they can walk away from the home. A kick-out clause acts as a sort of compromise in light of an offer with a home sale contingency. They may be able to accept backup offers as well, depending on how the clause is written. Offer over asking price.

Home sale contingency 94

Home sale contingency Purchase and sale agreement Sales Earnest money deposit 94