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Is a Home Sale Contingency Clause Always Necessary? Here Are Your Options

HomeLight

Cash offers or flexibility in choosing a closing date can also be attractive enticements to a seller. But one of the most influential bargaining tools is eliminating contingency clauses, especially the seller contingency clause, also known as the home sale contingency. What is a contingency clause?

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How Long Can a House Be Contingent?

HomeLight

Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. You can then make a strong offer on your next home with no home sale contingency. Learn More What does contingent mean?

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How to Sell a House by Owner in Colorado

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. Once you’ve seen what’s required, you can roll up your sleeves and get started with your FSBO sale in Colorado. That 6% is deducted from the seller’s proceeds at closing.

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What is An Appraisal Contingency and How Can it Impact Your Homebuying Journey?

Redfin

An appraisal gap clause is designed to protect both the buyer and the seller by providing a clear understanding of how to proceed if the appraised value differs from the purchase price. When should I use or waive an appraisal contingency? If the buyer is unable to sell their home, they can back out of the transaction.

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Here’s How You Can Make an Offer On a House Without a Realtor® in 9 Steps

HomeLight

We’re bound by a certain code of ethics that really governs everything that we do and is designed to protect our clients and to put our clients first.”. This is usually the biggest purchase and sale someone makes in their life. Step 3: Include contingencies. Inspection contingency. Home sale contingency.

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Find Cash Home Buyers in Orlando for a Fast, Simple Sale

HomeLight

Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. Receive your offer within a week and close in as little as 10 days. The benefit of cash offers for sellers is that these deals tend to close faster and have fewer risks , ” she explains.

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