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What Does Contingent Mean in Real Estate Sales

Realty Biz

When you begin an online search for a home, you may find some sale statuses you don’t fully understand. It is fairly obvious what is meant when homes have a status of “for sale” or “sold,” but some statuses may not be as clear. For example, if a home sale is contingent or pending, can you still make an offer?

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3 Big Reasons Your Home Offer Was Rejected—and How To Play It Right Next Time

Realtor.com

Sellers don’t just want the best price for their home; they also want the easiest deal—which means no complications. Sellers like the least number of contingencies,” stresses Hall. “But that’s not to say that a buyer should waive the due diligence period,” she adds. What to do if your home offer is rejected.

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How Can a Buyer Get Their Earnest Money Back?

Realty Biz

Buyers usually have real estate contingencies that could let them escape the sale. Home Inspection Results Buyers unsatisfied with the home inspection results can terminate the real estate transaction and get their earnest money refunded. Let's examine more closely how a buyer's funds can be returned.

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The Most Common Home Buying Real Estate Contingencies

Realty Biz

We will take an in-depth look at the most common real estate contingencies you need to understand when buying a home. Many buyers and sellers are not well educated about the intricacy of some real estate contingency clauses. Most buyers will have a home inspection contingency in their contract.

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

Redfin

Some smaller banks or online banks will not do a wire transfer or mail out a cashier’s check without you being present, so be sure to contact your bank ahead of time and have a plan to avoid delays in closing,” says David Hinds, CEO of VA Choice Home Mortgage. The home appraisal is lower than the sale price.

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A Seller’s Guide To When A Buyer Does and Doesn’t Get Their Earnest Money Back

HomeLight

There are other possible contingencies that a seller may encounter in reviewing offers, such as a Home Sale Contingency , which allows the buyer to back out of the agreement in the event that their current property doesn’t sell in time. In competitive markets, this contingency is very unattractive to sellers.

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

HomeLight

Whatever your reason for needing a quick sale without making a substantial investment, the Orlando real estate market is teeming with cash buyers ready to make a deal no matter your home’s condition. Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready.

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