RIS Media

APRIL 8, 2022

Once you find your dream home and it happens to be marked as contingent, you can still place an offer. Real estate listings go through different stages. An active listing means the home in question is currently on sale, and sellers are actively open to offers. While financing may be pre-approved, the process is complex.

Debt-to-income ratio 144

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

Realty Biz

NOVEMBER 11, 2020

Even if the buyer has pre-approval for a mortgage, things can still go wrong when they apply for the loan. Perhaps, they have taken out a fresh loan, or their situation has changed in some other way since pre-approval. One of the standard contingencies in nearly all real estate contracts is delivering a clear title.

Backup offer 112

Backup offer Sales Home sale contingency Earnest money deposit 112

Windemere Buying

JUNE 22, 2022

You’ve applied for financing , worked with your agent to search for available listings, put in time attending open houses, and have found the place you’re ready to call home. However, celebrating at this stage in the buying process could leave you heartbroken if your offer isn’t accepted.

Purchase and sale agreement 52

Purchase and sale agreement Inspection contingency Seller concession Backup offer 52