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Is a Home Sale Contingency Clause Always Necessary? Here Are Your Options

HomeLight

Home listings have been in short supply for several years now across the U.S., leading to bidding wars in many of the major markets. For instance, getting preapproved for a mortgage is imperative in the 2022 tight market. The contingency allows you to walk away without penalty if you can’t secure financing to buy the house.

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The Most Common Home Buying Real Estate Contingencies

Realty Biz

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. Home sale contingency is put in place when the buyer has not yet sold their own home.

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How to Sell a House by Owner in Colorado

HomeLight

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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What is An Appraisal Contingency and How Can it Impact Your Homebuying Journey?

Redfin

Regardless of your experience, navigating the housing market can be daunting, especially when it comes to understanding the complex jargon and legalities involved in purchasing a property. One important concept that all homebuyers should be familiar with though is the appraisal contingency. Are you a first-time homebuyer ?

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Here’s How You Can Make an Offer On a House Without a Realtor® in 9 Steps

HomeLight

Even as an agent with over 400 homes under my belt and 11 years of experience, I would never buy in a market in which I’m not licensed without a real estate agent,” says Jessica Arledge , a top agent who works with over 76% more single-family homes than the average Savannah agent. “The Inspection contingency.

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Find Cash Home Buyers in Orlando for a Fast, Simple Sale

HomeLight

Perhaps your Metro West resort-style condo isn’t bringing in the revenue you expected as a vacation rental and you don’t want to invest more money to list it on the market. Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. Need to Sell Your House Fast in Orlando?

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