HomeLight

JUNE 9, 2023

Most real estate contracts — or roughly 80% — contain contingencies , according to data from the National Association of Realtors (NAR). As of 2023, 79% of contracts included an inspection contingency while 82% contained an appraisal contingency. What are the most common contingencies?

Home sale contingency 145

Home sale contingency Inspection contingency Purchase and sale agreement Inspection 145

HomeLight

MARCH 30, 2021

Days on market: The speed at which houses are selling can be telling. If houses are sitting on the market for a while, you may get a better deal … but is there a reason why buyers are shying away from a particular area? After the inspection, you’ll receive a detailed report along with a summary of any issues.

Due diligence 105

Due diligence Inspection Title Pre-approval 105

HomeLight

MARCH 31, 2022

Average days on market : 36 (April 2022). Buyers may ask for the offer to be contingent on other factors, such as the sale of their existing home or their ability to obtain financing. Fast Fasts for Selling a House in Arizona. Median sales price: $449,900 (Feb. 2022 for Phoenix metro). Disclosures: . Closing date.

Purchase and sale agreement 110

Purchase and sale agreement Inspection Inspection contingency MLS 110