This site uses cookies to improve your experience. By viewing our content, you are accepting the use of cookies. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country we will assume you are from the United States. View our privacy policy and terms of use.

Remove Backup offer Remove Earnest money deposit Remove Pre-approval Related Topics
Home sale contingency Inspection contingency Title search Due diligence Inspection Purchase and sale agreement Closing costs Finance Loans Closing More Related Topics >
article thumbnail

What Does Contingent Mean in Real Estate Sales

Realty Biz

NOVEMBER 11, 2020

They will also get their earnest money deposit back , and the home will go back on the market. Even if the buyer has pre-approval for a mortgage, things can still go wrong when they apply for the loan. Perhaps, they have taken out a fresh loan, or their situation has changed in some other way since pre-approval.

Backup offer 111
Backup offer Sales Home sale contingency Earnest money deposit 111
article thumbnail

How to Win a House Negotiation: 9 Expert Tactics for Home Sellers

HomeLight

JUNE 29, 2022

As interest rates start increasing, as they are right now in 2022 , sellers may not have as many backup offers to consider as they would when rates were low. Price your house right to attract competitive offers. Require a sizable earnest money deposit. Lowball offers that are well under asking price.

Earnest money deposit 94
Earnest money deposit Purchase and sale agreement Closing costs Closing 94
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

 

Stay Connected

Join 134,000+ Insiders by signing up for our newsletter

About
Awards
About
Editions
Awards
Editions
Topics
LinkedIn Twitter
Powered by Aggregage | Terms and Conditions | Your California Rights and Privacy Policy
© Aggregage 2024