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4 signs a pending home sale will fall through

Real Trends

Home sale contingency. I’ve shared the situations that can trigger a home inspection contingency or appraisal contingency. You should also be aware of home sale contingency. With this contingency, the buyer’s home must be sold before they can close on their desired purchase.

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17 Home Closing Delays and How You Can Avoid Them

HomeLight

Out of the delayed contracts, the most common causes were financing issues (37%), followed by appraisal issues (18%) and inspection issues (16%). These are the top home closing delays that could affect if and when you close on your new home, and how to overcome them. Problems with the title. is not a simple or finite one.

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How Fast Can I Sell My House? It Can Take 75 Days or 12

HomeLight

In this article, we explain the factors that affect the momentum of a home sale with the help of Danielle Hernandez , a top real estate agent and team member with the Oldham Group in the California Bay Area. How it might take 12-75 days to sell your home. Condition of your home. Buyer’s financing method.

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How to Avoid a Delayed Closing: 7 Common Roadblocks to Be Aware of

Redfin

Financing issues. Unless you’re submitting an all-cash offer, you’ll need to obtain financing to purchase your home. Most title companies and attorneys don’t accept personal checks over $500, sometimes less. Clouds on the title. Before you can close the deal, you’ll need to make sure that the title is clear.

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iBuyer Real Estate Guide for 2022: What Is an iBuyer?

HomeLight

The little “i” for “instant” is descriptive of the fast cash offers these operations are able to make on homes. If an iBuyer wants to purchase your home, they’ll offer you cash in as little as a few days and you know the deal won’t fall through due to a financing or appraisal contingency. Title search.

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A Seller’s Guide To When A Buyer Does and Doesn’t Get Their Earnest Money Back

HomeLight

The Financing Contingency : This contingency, sometimes called a mortgage contingency, is also only applicable to offers requiring a mortgage to purchase the property. It is simply a period of time that the buyer sets to secure financing approval from a lender for the purchase of the home.

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What Buyers Need to Know About Making an Offer on Active Contingent Listings

HomeLight

However, your mortgage lender will not loan you more money than a house is worth, so if the appraisal determines that the sales price is higher than the home’s actual value, as the buyer, you’ll need to be prepared to come up with the money to make up any difference. Home sale contingencies. Title contingencies.