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Under Contract vs. Pending: A Home Buyer’s Guide to Status Tags

HomeLight

Can you make an offer on a home that’s under contract? What buyer contingencies might put a listing back on the market? What home contingency missteps should you avoid when making an offer? Can I make an offer on an ‘under contract’ home? Sellers are often wary of this clause.

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What Are Common Terms and Conditions in a House Offer

Realty Biz

Let’s look at the most common contingencies in an offer and what they mean to buyers and sellers. Common Contingencies Found in an Offer to Purchase. Home Inspection Contingency. One of the most common terms in an offer is the home inspection contingency clause. Home Sale Contingency.

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The Top 9 Contingencies to Consider in Your Offer When Buying a Home

Redfin

Though you can technically add any contingency you want to an offer, here are the 9 most common homebuying contingencies to consider. 1) Home inspection contingency. As the buyer you should always order a home inspection. 2) Appraisal contingency. 4) Home sale contingency.

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What Is a Home Sale Contingency?

HomeLight

Most often, this type of scenario calls for a home sale contingency. With the help of real estate agent Jesse Allen , a single-family home expert in southern Indiana , we’ll help to explain the ins and outs of home sale contingencies, and offer additional alternatives for buyers who currently own a home.

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17 Home Closing Delays and How You Can Avoid Them

HomeLight

Asking for a non-monetary exchange like including certain appliances or furniture to offset the repair costs. Asking for a home warranty to cover questionable or outdated features. Buyers should also consider purchasing title insurance in case the title search misses something and a property claim is made after closing.

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How to Sell a House by Owner in Colorado

HomeLight

Higher interest rates have been cooling the housing market nationwide, and real estate in Colorado is no exception. Inventory is starting to rise along with the average number of days on market as of September 2022. Year-over-year, monthly sales in the Phoenix metro area were down nearly 25%.

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What is a Purchase and Sale Agreement?

Redfin

5) Title condition: The PSA will include an agreement that the seller will provide a clear or marketable title of ownership to the buyer. . 6) Contingencies: Contingencies are conditions that must be met in order for the home purchase to be completed. Here are some examples of common contingencies.