HomeLight

JANUARY 31, 2024

Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. You can then make a strong offer on your next home with no home sale contingency. Learn More What does contingent mean?

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HomeLight

MARCH 31, 2022

But one of the most influential bargaining tools is eliminating contingency clauses, especially the seller contingency clause, also known as the home sale contingency. What is a contingency clause? Let’s begin by looking at the “what” and “why” of contingency clauses. Source: (Masjid MABA / Unsplash).

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Realty Biz

FEBRUARY 20, 2021

Home inspection: often called a due diligence contingency, will give the buyer rights to have the house inspected. Most buyers will have a home inspection contingency in their contract. Obtaining financing: allows the purchaser to get the funds to buy the property from a lender of their choice.

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HomeLight

JUNE 30, 2021

We’re bound by a certain code of ethics that really governs everything that we do and is designed to protect our clients and to put our clients first.”. There are a number of factors to consider, and you’ll need to assess your finances and take your priorities into account. Financing contingency.

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Redfin

MARCH 2, 2023

When a buyer applies for a mortgage to purchase a home, the lender requires an appraisal of the property to determine its fair market value. With an appraisal contingency in place, the buyer can protect themselves from being obligated to pay more than the fair market value of the property.

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HomeLight

JANUARY 3, 2023

The most effective solution, according to the Colorado Department of Public Health & Environment, is to install a sub slab depressurization system , which typically will cost between $800 and $1200 in Colorado, assuming no design difficulties are encountered. HomeLight Buy Before You Sell allows you to buy a new home with confidence.

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HomeLight

MARCH 13, 2023

Insurance companies may not insure homes with aluminum wiring or Federal Pacific Stab-Lok electrical panels due to the greater risk of fire. You are either replumbing the house, rewiring the house, or putting a new roof on the house prior to closing so that a financed buyer can get insurance.

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