Realtor.com

NOVEMBER 28, 2022

Fotoamator/iStock Can you show your home with an offer on the table? You’ve accepted the offer , which means you’re in wedded bliss and off the market, so to speak, right? It’s also possible that your buyer can’t get the loan approved. Sure, you’ve found a (nearly) perfect buyer. Not so fast!

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Point2Homes

DECEMBER 8, 2020

It’s certainly possible that the home could come back on the market and, by getting in touch, you might be able to jump to the front of the line. As the buyer works to meet these contingencies, other potential purchasers can view the property and make offers — but the offers will be put into what is called “backup status.”

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Realty Biz

NOVEMBER 11, 2020

How your real estate agent markets your property when an offer has been accepted can have vital implications. They will also get their earnest money deposit back , and the home will go back on the market. Will they be marketing the home properly? Sometimes real estate markets heavily favor sellers.

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Real Trends

JANUARY 25, 2023

Knock notes that agents and homeowners will not need to work with a local lender before buying a new home and listing their current house on the market, according to a statement from the company. However, FHA and VA home loans are not eligible for the program. However, FHA and VA home loans are not eligible for the program.

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Realty Biz

SEPTEMBER 14, 2021

The seller has agreed to accept a contingent offer from the purchaser. During this time, the seller can still accept backup offers from other interested parties. If the lender won’t fund the loan, the sale falls through. Sometimes the data the appraiser is working with has not caught up with the actual market.

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RIS Media

APRIL 18, 2022

Take time to understand the current housing market. There’s no guarantee that the property you like will be available when you’re ready to make an offer. You’ll want to be sure you understand the current market and what houses are available. Is it a buyer’s market or a seller’s market?

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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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First Team Real Estate

MAY 27, 2021

I use our internal communications platform in all areas of my business and our DIY marketing software for professional-looking materials. Of the four luxury real estate sales I closed in April, three of the transactions were backup offers, and another I secured for my client through targeted outreach with an “I have a buyer letter.”

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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. Learn More Should I accept an offer with a home sale contingency?

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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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First Team Real Estate

DECEMBER 7, 2020

Amidst a continuous pandemic, seller’s markets are still holding strong throughout the nation. In numerous cities, home buyer demand is up while inventory stays low– leaving house hunters fighting it out in multiple-offers scenarios and sellers attempting to browse everything. The greater the deposit, the much better.

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HomeLight

OCTOBER 11, 2021

Short sales can happen when people purchase a house at the top of the market, and then home values decrease. With a short sale, the bank is the one accepting the offer,” he says. But in a short sale, because the seller won’t be able to fully pay off their existing loan on the house, negotiations are approved by their bank.

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HomeLight

DECEMBER 31, 2020

Its price will fluctuate year over year due to changes in your local market, natural appreciation, developments in your neighborhood, and any home improvements you’ve made. You want to arm yourself with recent market data before meeting with an agent or appraiser. Source: (wavebreakmedia / Shutterstock). Check the FHFA HPI calculator.

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HomeLight

JANUARY 13, 2022

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 A pending home will be sold and taken off the market as soon as the sale is finalized. Common types of contingencies.

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HomeLight

JULY 6, 2023

When your home first hits the market, your listing agent will note that it’s “Active,” as in ready and available for showings — but there’s a lot of ground to cover before your agent lists the status as “Closed,” when you have a done deal and you’re ready to hand over the keys. Selling your house soon? Closed”- Consider these listings sold.

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HomeLight

DECEMBER 30, 2021

According to the National Association of Realtors® Research Group’s 2021 data , 64% of buyers have conventional loans, 16% have FHA loans and 14% received VA loans. After you accept an offer, the buyer’s mortgage lender typically contacts a third-party appraisal management company (AMC ). Be flexible in scheduling.

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HomeLight

JANUARY 5, 2022

Unlike taking your house off the market , withdrawing from a purchase contract can cost you big time. In a housing shortage, the market is ripe with bidding wars. It’s not unheard of for sellers to receive higher offers after signing a purchase agreement and want to back out of the contract. But are you stuck? Not necessarily.

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HomeLight

MARCH 20, 2023

They’ve accepted an offer and set a closing date, thus their current home sale just needs to be “settled” in order for the purchase of the new home to go through. Their home may be on the market, but they do not have buyers. Sellers may be especially agreeable to a home sale contingency if: The local real estate market is slow.

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HomeLight

JUNE 29, 2022

According to Chester Ardolino , a real estate agent in Springfield , Massachusetts, the time to think about your top priorities as a seller is before the house hits the market. Some of us in the business have been calling this the ‘name your price’ market,” Ardolino says. But markets change, and sellers need to be prepared. “It

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Realty Biz

JUNE 30, 2021

As an entire group, 54% of Millennials believe it will remain a strong buyers’ market for at least another 12 months. In this tight market, buyers can expect it to take many months between first checking their credit score and when they’ll close on a home. Singling out Millennials, that number rises to 80%.

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HomeLight

MARCH 15, 2021

Listen as we discuss the five parts of an offer (and which one matters most in today’s market), the 3 C’s of winning bidding wars (confidence, communication, and creativity), and how to get clues from the listing agent that will help your buyer win. It’s the middle of March and the real estate market shows no signs of change.

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HomeLight

OCTOBER 5, 2020

In this episode of The Walkthrough, you’ll meet a top agent in the red-hot Portland, Oregon, market who’s been winning bidding wars all year long — including seven straight in a single weekend! SPEAKER: Matt McGee, Host) If today’s real estate market had a sound, what would it sound like? Full Transcript. she says yes.

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