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Can You Put an Offer on a House That’s Contingent?

RIS Media

Finances falling through. Since most homes are financed, and financing isn’t guaranteed until a buyer has signed the dotted line, failure to secure funds can put a home back up for sale. While financing may be pre-approved, the process is complex. The title search reveals issues. These include; .

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What Does Contingent Mean in Real Estate Sales

Realty Biz

If you follow all of the proper steps in selling a home , you will never have to worry about accepting an offer with a home sale clause. This contingency is often required by lenders to make sure the home is worth what the buyer has offered for it. The Mortgage Financing Contingency. Appraisal Contingency.

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

HomeLight

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 Financing contingencies. And if you can’t get financed for the house, you won’t still be obligated to buy it — a big benefit!