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A kick-Out Clause Beats a Home Sale Contingency For Sellers

Realty Biz

Kick-Out Clause vs. Home Sale Contingency. Depending on the type of real estate market you are likely to see different clauses added to a real estate contract. When the real estate market favors sellers home sale contingencies almost become extinct. We will also do the same.

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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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What Does Contingent Mean in Real Estate?

HomeLight

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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Under Contract vs. Pending: A Home Buyer’s Guide to Status Tags

HomeLight

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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Bridge Loans in Washington, D.C.: How to Unlock Home Equity to Buy Before You Sell

HomeLight

Finding the perfect balance between selling and buying can be tough in a market where inventory is low and prices are high. It can be difficult to juggle the timing and financial details when you’re pressed to sell before you can invest in your new home. Enter the bridge loan – a short-term financing option.

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How does the “buy before you sell” model differ from iBuyers and Power buyers?

Housing Wire

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. Calque provides homeowners with a Purchase Price Guarantee (i.e.,

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10 Signs Your Real Estate Market Is Shifting

Realty Biz

It is not unusual for real estate markets to change. Quite often real estate markets stay the same for quite a while and then something happens that causes a shift. Sometimes it is the general economy, other times it could be interest rates moving significantly up or down, and possibly the stock market changing drastically.