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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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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 does the “buy before you sell” model differ from iBuyers and Power buyers?

Housing Wire

As a result, homeowners either must sell their current home and suffer through double moves and short-term rentals to access the equity they’ve accrued, or they have to make contingent offers that require the sale of their current house to close. We work with lenders to fix the problem at its root (i.e.,

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Real Estate Contingencies: What They Are and Why They Matter

Windemere Buying

Whether youre a first-time home buyer or youve bought before, you should be aware of common real estate contingencies and the role they play in making an offer on a home. Making a Contingent Offer on a Home Once you and the seller agree on the price of a home, both parties have certain responsibilities before closing.

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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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Bridge Loans in Phoenix: How to Unlock Home Equity to Buy Before You Sell

HomeLight

You can then make a strong offer on your next home with no home sale contingency. A bridge loan is a short-term loan that helps you buy a new home while youre still in the process of selling your current one. You can make a non-contingent offer : Sellers often prefer buyers without home sale contingencies.

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Bridge Loans in NYC: How to Unlock Home Equity to Buy Before You Sell

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. A bridge loan is a short-term loan that helps you buy a new home before your current one sells.

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