Remove Debt-to-income ratio Remove Home sale contingency Remove Inspection Remove Pre-approval
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Can You Put an Offer on a House That’s Contingent?

RIS Media

Since most homes are financed, and financing isn’t guaranteed until a buyer has signed the dotted line, failure to secure funds can put a home back up for sale. While financing may be pre-approved, the process is complex. Real Estate appraisals are usually completed when homes are bought via mortgage loans.

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How to Avoid a Delayed Closing: 7 Common Roadblocks to Be Aware of

Redfin

From appraisal issues to home inspection roadblocks, there’s a lot that can go awry before finally closing on your property. For example, a termite inspection could show that there is damage that’ll require major repairs or the appraisal value of the home comes in lower than the price you offered on the home.

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