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What Does Contingent Mean in Real Estate?

HomeLight

.” So, what does contingent mean in real estate? A property listed as “contingent” in real estate means the seller has accepted an offer, but the deal isn’t fully closed yet. The final sale hangs in the balance, waiting for certain conditions or “contingencies” to be met.

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4 signs a pending home sale will fall through

Real Trends

With a little bit of informed vigilance, you will be able to increase your rate of successful closes. Keep reading to learn about the reasons a deal is starting to slip and the warning signs that a deal will never close. How often does a pending home sale fall through? Home sale contingency.

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

HomeLight

For a seller in a hurry, the shortage of homes means you can anticipate fewer days on market (DOM). Just how fast can you sell your home? During a seller’s market like the one, we had in the summer of 2021, a top real estate agent could help you find a buyer for your home in as few as 75 days from listing to 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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How to Sell a House by Owner in Arizona (2022 Updates)

HomeLight

We’ll also provide a comprehensive overview on the full process to prep, market, and close on your home without the assistance of a real estate agent. Note: Once you’ve seen what’s required, you can roll up your sleeves and get started with your FSBO sale in Arizona. Median sales price: $449,900 (Feb.

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Do I Accept the First Offer on My House, or Wait and See?

HomeLight

According to a 2021 National Association of Realtors® survey, financing difficulties were responsible for 29% of closing delays and 10% of terminated contracts. Depending on your selling circumstances, a cash offer from HomeLight’s Simple Sale platform may be the solution you need for a quick, confident sale. Real Estate Agent.