Housing Wire

JANUARY 23, 2024

Win more deals with Calque by helping clients make non-contingent offers and qualify more easily. Our binding backup offer protects you and your client if the home doesn’t sell. Product Fast Facts #1 Calque is not a lender, and we never compete with our lending partners for purchase business. Get More Info

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Backup offer Mortgages Lending Branding 382

First Team Real Estate

AUGUST 8, 2021

According to the latest National Association of REALTORS® Profile of Home Buyers and Sellers, the typical home sold last year was on the market for just three weeks. of offers faced bidding wars. In that case, the home has to go back on the market, pushing your timeline out even further. What is a backup offer?

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Backup offer Earnest money deposit Purchase and sale agreement Inspection contingency 98

Housing Wire

FEBRUARY 14, 2024

A majority of homeowners must sell their current home before they can qualify for a mortgage on their next home due to federal lending requirements around debt-to-income and down payments. Calque is SOC2 compliant and only collects data required to make a backup offer on your client’s current home.

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Backup offer Loan Officer Home sale contingency Branding 395

Housing Wire

JANUARY 12, 2022

The mortgage industry is coming out of back-to-back amazing years, and while 2022 still holds great opportunity for the industry, it also signals a pivot point for market participants. The emotions and anxiety in the homebuying process are amplified in a market where housing supply is very tight. Let’s talk about purchase transactions.

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Backup offer Technology Loans Closing 368

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. . Other factors can also put a home back on the market. These include; .

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

HomeLight

JULY 23, 2021

From the terms for different types of houses to the lingo associated with lending, there’s plenty of terminologies that can feel overwhelming for a buyer to keep up with. When [my team] lists properties, we actually encourage all of our clients to accept a backup offer,” says Cheperdak.

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MLS Backup offer Agents Purchase and sale agreement 107

HomeLight

NOVEMBER 1, 2021

If you’re selling your home in a hot market rampant with bidding wars that drive up the purchase offers on home sales, you may realize that your home is unlikely to appraise for the inflated purchase offer or even for your asking price. In this case, the buyer hopes that the new appraisal will come in closer to market value.

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