HomeLight

JUNE 9, 2023

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. What are the most common contingencies?

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Home sale contingency Inspection contingency Purchase and sale agreement Inspection 139

Realty Biz

JULY 6, 2022

In a hot seller’s market homes sell in an instant. It is not unusual for a home to be on the market less than a week. When a market transitions from a seller’s to buyer’s market, the days on market will go up significantly. Far Fewer Cash Sales.

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Home sale contingency Marketing Inspection contingency Inspection 136

Real Trends

DECEMBER 27, 2022

Whatever side you are on, being aware of inspection issues and how to work with them will be paramount in increasing your close rate. Before a mortgage is approved, lenders will have a property appraisal. This ensures that the value of the deal is in sync with the sale price. Home sale contingency.

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Sales Home sale contingency Pre-approval Inspection 60

HomeLight

NOVEMBER 9, 2021

The recent housing market has been hot and competitive due to an extreme lack of inventory. For a seller in a hurry, the shortage of homes means you can anticipate fewer days on market (DOM). Just how fast can you sell your home? How it might take 12-75 days to sell your home. Traditional Sale.

Purchase and sale agreement 80

Purchase and sale agreement Home sale contingency Title search Inspection 80

HomeLight

APRIL 21, 2022

You found your new home and want to avoid carrying two mortgages. Your house has been on the market three months or more. 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.

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Inspection contingency Home sale contingency Pre-approval Agents 102

HomeLight

JANUARY 3, 2023

Higher interest rates have been cooling the housing market nationwide, and real estate in Colorado is no exception. Inventory is starting to rise along with the average number of days on market as of September 2022. Year-over-year, monthly sales in the Phoenix metro area were down nearly 25%. Closing date.

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Purchase and sale agreement Inspection MLS Inspection contingency 92

HomeLight

MARCH 31, 2022

Median sales price: $449,900 (Feb. Average days on market : 36 (April 2022). For Sale signs in the yard: Generally allowed, but regulations vary by jurisdiction concerning size, placement, and other limitations. Negotiate inspection items (if applicable). Fast Fasts for Selling a House in Arizona. Disclosures: .

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Purchase and sale agreement Inspection MLS Inspection contingency 83