Housing Wire

FEBRUARY 14, 2024

Consequently, 37% of homeowners say they want to move but are staying in their current home. Buy before you sell’ (BBYS) products like The Trade-In Mortgage powered by Calque eliminate the stressors caused by financing contingencies. Calque provides homeowners with a Purchase Price Guarantee (i.e.,

Backup offer 355

Backup offer Loan Officer Home sale contingency Branding 355

HomeLight

OCTOBER 30, 2020

A cash deal can close in as little as 7 days, while financed home purchases tend to take an average of 45 days to close. And if you add a home sale contingency into the mix (that is, if you need to sell your current home before you can buy a new one), closing the deal can take even longer. Financing issues.

Closing 108

Closing Inspection contingency Title search Purchase and sale agreement 108

HomeLight

MARCH 21, 2022

Generally trade-in companies will offer to buy your current home, freeing up your funds to buy a new home and removing the need for a home sale contingency. Example home trade-in companies: HomeLight Trade-In. Some home-buying companies focus on purchasing houses in specific regions, states, and cities.

Closing costs 92

Closing costs Home sale contingency Investor Closing 92

HomeLight

JULY 6, 2022

The RealSure Buy program provides homebuyers with the ability to make an all-cash offer on a home. This temporary cash loan allows buyers to better compete in the market as the offer won’t be dependent on any financing or appraisal contingencies. Home buyers must also use RealSure’s approved lender for home financing.

Purchase and sale agreement 82

Purchase and sale agreement Agents Finance Inspection 82

HomeLight

JANUARY 28, 2022

Another big name in the industry uses the common three-word phrase in their brand, “We Buy Houses.” Buyers purchase their branding and marketing system, as well as exclusive rights to a territory. Home sale contingency : The buyer’s existing home has to sell before they will purchase the home.

Purchase and sale agreement 105

Purchase and sale agreement Investor Agents Sales 105

HomeLight

SEPTEMBER 11, 2020

An appraisal contingency that allows you to get your earnest money back if the transaction has to be canceled because the appraisal doesn’t support the purchase price of the home. A financing or mortgage contingency , which states that the buyer can back out of the deal if they can’t obtain financing to complete the purchase.

Earnest money deposit 81

Earnest money deposit Purchase and sale agreement Inspection contingency Home sale contingency 81

HomeLight

MARCH 31, 2022

The form will walk you through documenting what you know about which features your home has, such as trash compactor, number of ceiling fans, and the brand of your oven and dishwasher. Let’s review some of the top points of negotiation you may encounter: Contingencies. Closing date. Earnest money.

Purchase and sale agreement 87

Purchase and sale agreement Inspection Title MLS 87