Remove Closing Remove Finance Remove Home sale contingency Remove Rent back
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Is a Home Sale Contingency Clause Always Necessary? Here Are Your Options

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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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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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Sell Your House for Cash: For Some, the Convenience Can’t Be Beat

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According to a Q3 2021 study by ATTOM Data Solutions, all-cash home sales are at their highest level since the first quarter of 2015, with 34% of all single-family homes and condos purchased without financing. “In Who’s paying cash for houses? Why sell to an iBuyer? Buyers who re-invested their equity.

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

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Cash vs. financing : Cash offers usually result in a faster sale than mortgage-backed offers; if speed is an important aspect of the sale, this could make a significant difference. If you accept it, your sale can close in as few as 10 days, often concluding with a moving date of your choosing. Transactions.

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Everything You Need to Know About Making an Offer: 15 Tips for Homebuyers

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That means buyers who want to close a deal need to come prepared with their A-game when it comes to making an offer. Your offer will be stronger if you build in some wiggle room relating to factors that might seriously entice the seller to pick you: Can you offer rent-back? No sales contingency? Submit your offer.

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Tempted by Those ‘We Buy Houses’ Ads? Weigh the Pros and Cons

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According to their website, We Buy Ugly Houses buys homes regardless of their condition. Not only do they guarantee a cash sale, but they also extend a no-obligation offer and will close on the sale within 30 days. A cash offer from a fix-and-flip investor typically is more guaranteed to close. Thomas Taranto.

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When Should I Sell My House? 6 Tips to Help You Decide

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.” However, buying another house immediately after your sale can be more challenging in a seller’s market. Whether you’re waiting for a seller’s market to cool down or a buyer’s market to come to a close, you won’t be able to predict anything perfectly. It depends on your priorities, of course.