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 145

Real Trends

DECEMBER 27, 2022

How often does a pending home sale fall through? A pending sale may be referred to as “under contract” by some real estate agents. A sale is considered pending until the seller formally accepts an offer from a buyer. It should be reassuring for all real estate agents that not many home sales fall through.

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Sales Home sale contingency Pre-approval Inspection 60

Realtor.com

DECEMBER 2, 2021

A deal for her massive mansion in Montville Township, NJ, which had been in “sale pending” limbo for nine months, just fell through, forcing her to relist it. . bathroom home the reality TV star once shared with ex-husband Joe went up for sale for $2.5 Why did Teresa Giudice’s home sale fall through? .

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Earnest money deposit Sales Home sale contingency Days on market 77

Realty Biz

JULY 6, 2022

Sellers are driving the market and often get more than the asking price. Falling sales prices are a clear indicator that the seller’s market is losing steam. Buyers are no longer willing to stretch to get into a home. The comparable sales will often be based on a different market.

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Home sale contingency Marketing Inspection contingency Inspection 137

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.

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Purchase and sale agreement Home sale contingency Title search Inspection 98

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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HomeLight

DECEMBER 22, 2020

CNBC reports that Manhattan apartment sales plummeted by a staggering 46% in the third quarter of 2020 , leaving more than 10,000 properties for sale — a new record for the area. Actually, some homebuyers are looking to capitalize on the unusually soft market by buying in the city for the very first time.

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