HomeLight

JUNE 9, 2023

The final sale hangs in the balance, waiting for certain conditions or “contingencies” to be met. These conditions can be anything from the buyer securing a mortgage, the home inspection clearing, or the sale of the buyer’s current home. 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

It is not unusual for real estate markets to change. Quite often real estate markets stay the same for quite a while and then something happens that causes a shift. Sometimes it is the general economy, other times it could be interest rates moving significantly up or down, and possibly the stock market changing drastically.

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Home sale contingency Marketing Inspection contingency Inspection 136

HomeLight

NOVEMBER 9, 2021

If you need to sell your home pronto, now is a great time. 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? Traditional Sale.

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Purchase and sale agreement Home sale contingency Title search Inspection 83

Real Trends

DECEMBER 27, 2022

Inspection issues. It is common to expect that the buyer will hire a home inspector to check out the property; this is to avoid inheriting unforeseen major repairs. An inspection can often reveal major issues that either side would not have been aware of. Home sale contingency. Reasons your deal may slip: 1.

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Sales Home sale contingency Pre-approval Inspection 60

Realtor.com

DECEMBER 2, 2021

Their financial position might change, their health might change, and the market might change.” ” Will the home price take another $250,000 dip if it fails to sell? Granted, there are some circumstances where a home sale might warrant a more extended closing. ” This home knows how to make an impression.

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Earnest money deposit Sales Home sale contingency Days on market 77

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%.

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Purchase and sale agreement Inspection MLS Inspection contingency 96

HomeLight

MARCH 31, 2022

While FSBO can work, it does come with some risks, including the possibility of selling your house for less than market value. What's Your Arizona Home Worth? We’ll also provide a comprehensive overview on the full process to prep, market, and close on your home without the assistance of a real estate agent.

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Purchase and sale agreement Inspection MLS Inspection contingency 86