HomeLight

OCTOBER 11, 2021

You see a house you love, but the listing shows that it is an “active pending short sale.”. Can you still make an offer on the house, or are you out of luck? And just what is a short sale, anyway? Is a short sale home purchase for you? And can you still make an offer on an active pending short sale?

Short sale 81

Short sale Sales Banks Backup offer 81

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.

MLS 100

MLS Backup offer Inspection contingency Purchase and sale agreement 100

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. Pending listings are those in which the contingencies have been met and the legal documents just need to be finalized for the sale to close. Short Sale. No Showings.

Purchase and sale agreement 145

Purchase and sale agreement Backup offer Home sale contingency Short sale 145

HomeLight

JANUARY 13, 2022

Common contingencies include issues with appraisals, home inspections, or the buyer’s home sale. 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 Common types of contingencies.

Backup offer 86

Backup offer Inspection contingency Purchase and sale agreement Home sale contingency 86

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. Short sales or foreclosures in your area have driven home prices artificially low.

Purchase and sale agreement 101

Purchase and sale agreement Proof of funds Backup offer Finance 101

HomeLight

DECEMBER 30, 2021

So, anything a seller can do to make sure the appraisal goes well contributes to an on-time closing and smooth sale. In this booming housing market, the turnaround time between appraisal request and report deadline are sometimes less than 30 days. Be flexible in scheduling. Source: (Markus Spiske / Unsplash). Create a home fact sheet.

Loans 117

Loans Agents Inspection Closing 117