Remove Construction Remove Earnest money deposit Remove Purchase and sale agreement Remove Staging
article thumbnail

Contingent vs. Pending: Real Estate Lingo Explained

RIS Media

” What do they mean and how will they affect your home sale? Despite this, there can still be room to negotiate the conditions of the sale. Not all sales will have contingencies with them, but most will. The majority of homebuyers use a mortgage to finance their purchases. Contingent Meaning. Title Contingencies.

article thumbnail

Real Estate Markets Dictate Adding or Waiving Appraisals

Realty Biz

When you set out to purchase a home as buyer you will eventually find a property you love. At that point, you’ll sit down and construct on offer to purchase. Buyers and sellers will often negotiate these items before reaching an agreement. Adding an Appraisal Contingency in a Buyer’s Market.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Housing Market Isn’t Crashing…But It Is Shifting

HomeLight

And those of you who responded are in agreement. Caroline: Fundamentally, first-time buyers tend to be at a stage of life where they have less money in savings and they also don’t have an existing home to pull equity from or other assets to leverage typically. sound effect: crash wave]. ” Why do we think that is?

article thumbnail

131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

This tool, also known as a like-kind exchange, allows investors to defer paying capital gains taxes on a sale. ” If a property is active contingent, a buyer has submitted an offer to purchase a property, but the sale won’t be finalized until certain conditions, or contingencies, are met. Active contingent. Call option.