Backup offer Home sale contingency Sales 
Redfin
JUNE 11, 2025
This Redfin article explains how contingencies work, which ones to expect, and how they help you avoid costly setbacks during the homebuying process. Home inspection contingency This is one of the most frequently used contingencies in real estate. . What’s the difference between pending and contingent?
Redfin
JULY 16, 2025
These contingencies could include financing, inspection results, or the sale of the buyer’s existing home, giving them a legal “out” if certain conditions aren’t met. Backup offer stage: Backup offers are legal and provide an opportunity for other interested buyers to remain in line.
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Redfin
JUNE 17, 2025
So whether you’re house hunting in Portland, OR , Tacoma, WA or Olympia, WA , this Redfin guide will explain how bumpable offers work and what they mean for you as a homebuyer. What is a bumpable offer? Bumpable offer vs. sale pending: what’s the difference? When should a seller accept a bumpable offer?
Housing Wire
FEBRUARY 14, 2024
As a result, homeowners either must sell their current home and suffer through double moves and short-term rentals to access the equity they’ve accrued, or they have to make contingent offers that require the sale of their current house to close. Calque provides homeowners with a Purchase Price Guarantee (i.e.,
HomeLight
MARCH 20, 2023
That means a large majority of homebuyers must consider the sale of their current home prior to buying a new one. At the same time, it usually does not make sense for buyers to sell their home without having a new one lined up to move into. Most often, this type of scenario calls for a home sale contingency.
Realty Biz
NOVEMBER 11, 2020
When you begin an online search for a home, you may find some sale statuses you don’t fully understand. It is fairly obvious what is meant when homes have a status of “for sale” or “sold,” but some statuses may not be as clear. For example, if a home sale is contingent or pending, can you still make an offer?
Point2Homes
DECEMBER 8, 2020
A home listed as contingent means the seller has accepted an offer. However, before the sale can go to closing, certain contingencies must be met. These clauses are defined in the sales contract and often have to do with home inspections, mortgage approvals and appraisals. Contingent Statuses.
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