HomeLight

JANUARY 30, 2024

Navigating the real estate market in Denver can feel like a high-wire act, especially when juggling selling your current home with purchasing a new one. This balancing act becomes even more challenging in a market with low inventory and high prices. But a potential solution to this buy-sell conundrum is a bridge loan.

Equity 91

Equity Loans Debt-to-income ratio Home sale contingency 91

HomeLight

NOVEMBER 30, 2023

Selling your home in Missouri and buying a new one often involves a tricky dance of timing and finances. This becomes particularly challenging in a market where homes are scarce, and prices are high. Enter the bridge loan. You can then make a strong offer on your next home with no home sale contingency.

Equity 101

Equity Loans Debt-to-income ratio Home sale contingency 101

HomeLight

NOVEMBER 29, 2023

Navigating the complexities of selling your old home while purchasing a new one in Michigan can often feel like a high-stakes balancing act. Especially in today’s market, where inventory levels are low, and prices are soaring, aligning the timing and finances of both transactions can be particularly challenging.

Equity 96

Equity Loans Debt-to-income ratio Home sale contingency 96

HomeLight

NOVEMBER 29, 2023

Navigating the real estate market in Hawaii can often feel like a high-stakes balancing act, especially when you’re trying to sell your old home while buying a new one. This challenge becomes even more daunting in a market where inventory is scarce, and prices are soaring. What is a bridge loan, in simple words?

Equity 89

Equity Loans Debt-to-income ratio Home sale contingency 89

HomeLight

DECEMBER 29, 2023

Selling your old home while looking for a new one in Dallas can be difficult, especially when juggling the complex timing and limited finances. This can be even more difficult in a market like Dallas, where inventory is scarce and prices are soaring. What is a bridge loan, in simple words?

Equity 92

Equity Loans Debt-to-income ratio Home sale contingency 92

HomeLight

NOVEMBER 29, 2023

This balancing act becomes even more challenging in a market with low inventory and high prices. You might think your only option is to sell your current home, find a temporary place to live, and search for your new dream house. However, a bridge loan could be the solution you’re looking for.

Equity 86

Equity Loans Debt-to-income ratio Home sale contingency 86

HomeLight

NOVEMBER 17, 2023

This challenge intensifies in a market with low inventory and high prices, a common scenario for many Illinois homeowners. You might find yourself contemplating the daunting prospect of selling your home, moving to a temporary location, and then hunting for a new house. What is a residential bridge loan?

Equity 92

Equity Loans Debt-to-income ratio Home sale contingency 92

HomeLight

DECEMBER 14, 2023

You might think your only choice is to sell your home, move out, and then scramble to find a new one, but there’s an alternative you likely haven’t considered — a bridge loan. A bridge loan is a short-term financing option that allows you to buy a new home before selling your current one.

Equity 96

Equity Loans Debt-to-income ratio Home sale contingency 96

HomeLight

DECEMBER 15, 2023

Managing the sale of your Austin home while trying to purchase a new one can be difficult. With rising prices in a market where homes are in high demand, timing your sale and purchase can be particularly challenging. But what if there was a better way to transition from your old home to your new one?

Equity 91

Equity Loans Debt-to-income ratio Home sale contingency 91

HomeLight

NOVEMBER 29, 2023

Navigating the real estate market in Idaho can often feel like a high-stakes balancing act, especially when you’re caught between selling your old home and securing your new dream house. This challenge becomes even more daunting in a market where inventory is scarce and prices are soaring.

Equity 87

Equity Loans Home sale contingency Debt-to-income ratio 87

HomeLight

NOVEMBER 29, 2023

Selling your old home while buying a new one in Wisconsin can often feel like a delicate balancing act. In a market with limited inventory and high prices, aligning the timing and finances for both transactions becomes a significant challenge. However, a strategic alternative could smoothly bridge this gap: a bridge loan.

Equity 89

Equity Loans Debt-to-income ratio Home sale contingency 89

HomeLight

NOVEMBER 30, 2023

Buying and selling homes in Maine often involves a tricky balance of timing and funds, especially in a market with low inventory and high prices. As a homeowner, you might feel cornered into selling your current home before you can afford to buy a new one, leading to the hassle of finding temporary housing in the interim.

Equity 97

Equity Loans Debt-to-income ratio Home sale contingency 97

HomeLight

DECEMBER 4, 2023

Selling your old home while buying a new one in North Carolina often presents a tricky balance of timing and funds. In a market where inventory is low and prices are high, synchronizing the sale of your current home with purchasing a new one adds an extra layer of complexity. What is a bridge loan, in simple words?

Equity 98

Equity Loans Debt-to-income ratio Home sale contingency 98

HomeLight

NOVEMBER 7, 2023

The balance of timing and funds becomes even more precarious when faced with a competitive housing market where inventory is scarce and prices seem to keep climbing. For many, it feels like the only path is to sell, move into a temporary place, and then hunt for a new home — a process that is both costly and stressful.

Equity 97

Equity Loans Debt-to-income ratio Home sale contingency 97

HomeLight

DECEMBER 5, 2023

That’s where a bridge loan in Connecticut can be your saving grace. A bridge loan is your short-term financial bridge, designed to help you purchase that new home while your old one is still on the market. You can then make a strong offer on your next home with no home sale contingency.

Equity 92

Equity Debt-to-income ratio Loans Home sale contingency 92

HomeLight

NOVEMBER 29, 2023

Balancing the sale of your old home with purchasing a new one in Washington state can be tricky, especially in a market where homes are scarce and prices are high. You might feel cornered into selling first and then facing the hassle of finding a temporary place to stay while you search for your next home.

Equity 90

Equity Loans Debt-to-income ratio Home sale contingency 90

Housing Wire

FEBRUARY 14, 2024

Consequently, 37% of homeowners say they want to move but are staying in their current home. Buy before you sell’ (BBYS) products like The Trade-In Mortgage powered by Calque eliminate the stressors caused by financing contingencies. HW: How has the proptech space evolved in the last 5-10 years?

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HomeLight

NOVEMBER 17, 2023

The balancing act becomes even more intricate when faced with low inventory and high prices in today’s real estate market. You might find yourself in a predicament where it seems the only option is to sell your home, move out, and temporarily relocate while you hunt for your new dream house. What is a bridge loan?

Equity 91

Equity Loans Debt-to-income ratio Home sale contingency 91

HomeLight

DECEMBER 13, 2023

This can be especially tough as the San Diego market is plagued by notoriously low inventory and high prices. You might think your only choice is to sell your current home, find a temporary place to live, and search for your new house. But there’s an alternative you probably haven’t considered — a bridge loan.

Equity 105

Equity Loans Debt-to-income ratio Home sale contingency 105

HomeLight

DECEMBER 30, 2023

Can you make an offer on a home that’s under contract? What buyer contingencies might put a listing back on the market? What home contingency missteps should you avoid when making an offer? If the buyer fails to secure financing, they can withdraw without losing their deposit.

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Home sale contingency Purchase and sale agreement Inspection contingency Inspection 99

HomeLight

JUNE 9, 2023

So if you’re buying a house and see a listing that’s contingent, it’s likely going to be fully off the market soon. If you receive a contingent offer as a seller, statistically speaking, that deal is likely to still close. That said, contingencies in a real estate contract do create some uncertainty.

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Home sale contingency Inspection contingency Purchase and sale agreement Inspection 139

HomeLight

JANUARY 19, 2024

You can then make a strong offer on your next home with no home sale contingency. Learn More What is a mortgage contingency? A mortgage contingency is a clause found in most home purchase agreements that safeguards the buyer. So how do you know if waiving this clause is right for you?

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Earnest money deposit Purchase and sale agreement Mortgages Home sale contingency 95

The Close

SEPTEMBER 10, 2020

A strong seller’s market is a lot like dealing with the craziness of this pandemic. Hating to lose more than I wanted to win, I came up with these seven creative strategies to make any offer stand out in a seller’s market. For most sellers, the fear of a buyer’s financing falling through and not getting to the closing table.

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Home sale contingency Pre-approval Earnest money deposit Marketing 114

HomeLight

FEBRUARY 16, 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. The short answer is yes, you can put an offer on a house before selling your current home.

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Home sale contingency Equity Finance Sales 96

HomeLight

NOVEMBER 29, 2021

But first, you have to sell your old home, potentially secure financing, and secure a home appraisal (and likely an inspection) on your new house. For example, it’s not unheard-of for a buyer to have a home sale contingency in place when they already own a home and are looking to buy a new one.

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Purchase and sale agreement Home sale contingency Inspection contingency Earnest money deposit 90

Realty Biz

AUGUST 22, 2022

That’s probably why the price was a little below the market average. Yeah, I’ve been studying the market for a while and knew what houses were selling for. In my eagerness to buy my first home, I made a full-price offer with the only continency being that my mortgage was approved. I didn’t even include an inspection contingency.

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Purchase and sale agreement Earnest money deposit Pre-approval Home sale contingency 96

Realty Biz

APRIL 20, 2022

Mortgage Financing Clause. Most home buyers do not have the finances available to buy without a mortgage. So financing is one of the common contingencies in an offer. Your credit score , income, and debt will contribute to the financing that is offered by lenders. Home Sale Contingency.

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Purchase and sale agreement Home sale contingency Earnest money deposit Inspection contingency 105

Point2Homes

DECEMBER 8, 2020

Therefore, if you find a property that you really want to purchase but has been marked as “contingent,” it could be well worth your time to have your real estate agent check into where things are in the transaction. How is Contingent Different from Pending? Notably, short sales don’t have the best completion percentage.

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Purchase and sale agreement Backup offer Home sale contingency Short sale 145

RIS Media

APRIL 8, 2022

Homes that are listed as pending or sold are officially off the market. . Can a home listed as contingent fall through? Home purchase contracts can be terminated because of factors such as job loss. Other factors can also put a home back on the market. Finances falling through. Low appraisal.

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Debt-to-income ratio Title search Backup offer Home sale contingency 144

Realty Biz

MARCH 29, 2023

The global real estate market reached a size of $3.69 There are various selling options, and one of those is to sell your home to a cash buyer. This is someone who wants to buy a property with an all-cash bid, eliminating the need for a mortgage or other financing solution. trillion in 2021. Keep reading for more.

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Home sale contingency Loan contingency Finance Loans 72

Realty Biz

NOVEMBER 11, 2020

Let’s take a closer look at the meaning of contingent , so you can see how it might affect a home you are looking to buy. If you are selling a home, there are also some ramifications you should know about as well. How your real estate agent markets your property when an offer has been accepted can have vital implications.

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Backup offer Sales Home sale contingency Earnest money deposit 110

Windemere Buying

AUGUST 31, 2022

Making a Contingent Offer on a Home. After you and the seller agree on the price of a home, both parties have certain duties to finalize the transaction. Buyers are responsible for securing financing , having the home inspected, and getting the property appraised. Financing Contingency.

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Home sale contingency Inspection contingency Title Pre-approval 52

Real Trends

DECEMBER 27, 2022

Low appraisals are common during a “seller’s market,” which often occurs when housing demand is greater than housing supply. Home sale contingency. I’ve shared the situations that can trigger a home inspection contingency or appraisal contingency. You should also be aware of home sale contingency.

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Sales Home sale contingency Pre-approval Inspection 60

Windemere Selling

MARCH 14, 2022

This is why many sellers find a pre-listing inspection to be beneficial: it provides transparency about the home’s condition ahead of time and can help to streamline the buying process, which can be especially helpful when selling in competitive markets. The seller won’t be on the hook if the buyer fails to cancel the contract.

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Purchase and sale agreement Home sale contingency Inspection contingency Pre-approval 52

Real Trends

AUGUST 8, 2022

Your buyer or seller gets cold feet, or struggles with financing, leading to a “dead deal.” In today’s market, with quickly rising interest rates, some agents are finding themselves with this unfortunate situation more often than usual. Why deals might fall through as the market tightens. Financing falls through.

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Realty Biz

APRIL 17, 2023

Unsuccessful Getting a Mortgage Another way buyers can get their earnest money refunded is if they cannot procure financing. When buyers cannot obtain a loan or other financing to complete their real estate purchase, they can request their earnest money returned. The post How Can a Buyer Get Their Earnest Money Back?

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Earnest money deposit Purchase and sale agreement Home sale contingency Title 66

Redfin

JANUARY 25, 2021

An appraisal contingency protects lenders more so than the homebuyer, and is almost always required by your lending institution if you’re taking out a home loan. With an appraisal contingency in place, you can also back out of the purchase of the home if it’s appraised value isn’t as high as it’s listing price.

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Purchase and sale agreement Home sale contingency Inspection contingency Title 77