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What Does It Mean If Your Home Appreciates?

HomeLight

Neglecting maintenance can lead to costly issues like a leaky roof or foundation problems, which can lower your homes value quickly if not addressed. Neighborhood changes, like the construction of an unsightly factory, a noisy airport, or a manufacturing plant with undesirable smells can reduce your homes value.

Equity 69
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Contingent vs. Pending: Real Estate Lingo Explained

RIS Media

.” There are other statuses in the MLS listings like “Pending,” “Contingent,” “Coming Soon” and “Expired.” ” 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. Pending Meaning.

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Bridge Loans in Texas: 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. Higher interest rates have made sales volume go down, but prices have gone up over the last year.

Equity 109
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Real Estate Pending Vs. Contingent: MLS Lingo Explained for Sellers

HomeLight

Title contingency Before closing, a title company pulls public records and other details to guarantee that no one else can stake a claim on the property you’re trying to sell. Home sale contingency This contingency can arise when a buyer must sell their current home before buying yours.

MLS 105
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What Is a Counter Offer in Real Estate? A Guide for Agents

The Close

These negotiation strategies are vital elements of real estate transactions and often determine the success or failure of a property sale. This may involve adjusting some aspects of the sale agreement, such as price, closing dates, contingencies, and included items or conditions.

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What Is a Bumpable Buyer? How Bumpable Offers Impact Your House Hunting

Redfin

Bumpable offer vs. sale pending: what’s the difference? Can you still make an offer on a home with a bumpable offer on it? Pros and cons of making an offer on a home with a bumpable buyer How to compete with a bumpable buyer FAQs about bumpable buyers What is a bumpable buyer? This is called a home sale contingency.

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How to Sell a House By Owner in Alabama

HomeLight

When the time comes to move, some tenacious homeowners are eager to take over the reins of their home sale and figure out how to sell a house by owner in Alabama. With millions of homes sold each year, a modest portion of sellers — about 7% in 2021 and 10% in 2022 — choose to list “For Sale By Owner” (or FSBO — pronounced fizz-bow).

MLS 97