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HomeLight
JANUARY 31, 2024
You can then make a strong offer on your next home with no home sale contingency. Learn More What does contingent mean? In real estate, when a house is listed as “ contingent ,” it means the sale of the property is conditional upon certain criteria being met.
HomeLight
AUGUST 31, 2021
Ever since the 2008-2009 recession, cash offers have become more prevalent, accounting for 33% of sales as of 2021 — that’s up from 20% in 2019. If sellers get paid at closing either way, why is cash better? A cash buyer can close faster since there’s no waiting on funding. Updated August 31, 2021. The appraisal.
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HomeLight
JANUARY 13, 2022
An active contingent listing means that the seller has accepted an offer from a buyer, but certain conditions haven’t been met yet. These conditions are known as contingencies, which is where the term “active contingent” comes from. Many offers contain contingencies. Common types of contingencies.
HomeLight
NOVEMBER 29, 2021
According to the National Association of Realtors® (NAR) 2020 Profile of Home Buyers and Sellers, 8% of homeowners opted to sell for sale by owner , or FSBO. It takes more than a for sale sign staked to your front lawn to sell a home without an experienced agent. Prepare your home for sale. Source: (Kelly Sikkema / Unsplash).
HomeLight
MARCH 23, 2022
When underwriting is completed before you make an offer on a house, it can speed up the closing process, making your offer more attractive to sellers. Speaking of contingencies, Peterson says the fewer, the better. Leslie Peterson. Real Estate Agent. Leslie Peterson. Real Estate Agent at Leslie Peterson Group | Evolve Real Estate.
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