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.

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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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Realty Biz

FEBRUARY 20, 2021

The home buying contingencies below should be completely understood before signing on the dotted line of a purchase and sale agreement. Home inspection: often called a due diligence contingency, will give the buyer rights to have the house inspected. Purchasing is contingent on making the sale first.

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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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Redfin

MARCH 2, 2023

An appraisal gap clause is designed to protect both the buyer and the seller by providing a clear understanding of how to proceed if the appraised value differs from the purchase price. When should I use or waive an appraisal contingency? If the buyer is unable to sell their home, they can back out of the transaction.

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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.”. Inspection contingency. A professional home inspection gives the buyer the opportunity to uncover any potential problems with the house before purchasing.

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HomeLight

MARCH 13, 2023

Otherwise, instead of a speedy sale, you could lose valuable time if you have to search for a new buyer. With a cash home buyer, there are usually no financing or inspection contingencies typically found in traditional real estate contracts. An investor is simply there to make a return on investment.

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