Housing Wire
FEBRUARY 14, 2024
Buy before you sell’ (BBYS) products like The Trade-In Mortgage powered by Calque eliminate the stressors caused by financing contingencies. Also, BBYS products make homeowners competitive bidders because they can submit non-contingent offers that can compete with cash offers, which made up one-third of winning offers in Q4 2023.
Marco Santarelli
APRIL 15, 2023
This could be related to financing, inspection reports, or other factors that need to be addressed before the deal can proceed. If you're selling your home, setting contingencies protects you if something comes up with either buying another property or finding an acceptable offer from someone who wants to buy yours.
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Realty Biz
NOVEMBER 11, 2020
The Mortgage Financing Contingency. While it is rarer for a home sale to fall apart because of a buyer not getting financing, it is still something where due diligence is essential. Most of the time, when a home is at the contingent stage, sellers are still interested in offers from other parties.
RIS Media
APRIL 8, 2022
Once you find your dream home and it happens to be marked as contingent, you can still place an offer. Real estate listings go through different stages. An active listing means the home in question is currently on sale, and sellers are actively open to offers. Finances falling through. Contingent meaning. It depends.
Windemere Selling
NOVEMBER 30, 2022
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. Image Source: Getty Images – Image Credit: xavierarnau. What does contingent mean in real estate?
Windemere Buying
JUNE 22, 2022
Making an offer on a house feels like a reason to celebrate. You’ve applied for financing , worked with your agent to search for available listings, put in time attending open houses, and have found the place you’re ready to call home. So, what happens after you make an offer on a house?
RIS Media
MAY 19, 2021
The contingent status typically allows the home to be shown to other possible buyers, allowing backup offers to be made. Financing or Mortgage Contingencies. The majority of homebuyers use a mortgage to finance their purchases. Financing problems delay closing in around a third of all real estate transactions.
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