Realty Biz

NOVEMBER 11, 2020

Let’s take a closer look at the meaning of contingent , so you can see how it might affect a home you are looking to buy. If you are selling a home, there are also some ramifications you should know about as well. How your real estate agent markets your property when an offer has been accepted can have vital implications.

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Backup offer Sales Home sale contingency Earnest money deposit 110

HomeLight

JUNE 9, 2023

So if you’re buying a house and see a listing that’s contingent, it’s likely going to be fully off the market soon. If you receive a contingent offer as a seller, statistically speaking, that deal is likely to still close. That said, contingencies in a real estate contract do create some uncertainty.

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Home sale contingency Inspection contingency Purchase and sale agreement Inspection 141

RIS Media

APRIL 8, 2022

Homes listed as contingent mean a home seller has accepted an offer on the house, and the sale is going through once a specific criterion (highlighted in the contract) is met. Homes that are listed as pending or sold are officially off the market. . Can a home listed as contingent fall through?

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Debt-to-income ratio Title search Backup offer Home sale contingency 144

First Team Real Estate

DECEMBER 7, 2020

Here’s how to review details in a tidy, orderly manner so you can make sense of your home sale. Amidst a continuous pandemic, seller’s markets are still holding strong throughout the nation. The purchasers will not get this cashback if they back out of the offer unless defined in the agreement. Contingencies?

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Purchase and sale agreement Pre-approval Title Backup offer 98