HomeLight

NOVEMBER 29, 2023

Selling your old home while simultaneously buying a new one in Indiana can often feel like a delicate balancing act. In a market where inventory is limited, and prices are high, syncing the timing and finances of both transactions becomes a significant challenge. What is a bridge loan, in simple words?

Equity 104

Equity Loans Debt-to-income ratio Home sale contingency 104

HomeLight

DECEMBER 15, 2023

Lining up the sale of your current home while trying to close the deal on a new one, particularly in a competitive market where inventory is low, may feel impossible. You might think your only choice is to sell your current home, move into temporary housing, and hope your future home becomes available without delay.

Equity 96

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

HomeLight

NOVEMBER 30, 2023

Selling your old home while simultaneously buying a new one in Iowa can often feel like a delicate balancing act. In a market where inventory is limited, and prices are high, syncing the timing and finances of both transactions becomes a significant challenge. What is a bridge loan, in simple words?

Equity 94

Equity Loans Debt-to-income ratio Home sale contingency 94

HomeLight

NOVEMBER 30, 2023

Selling your old home and buying a new one in New Jersey often involves a tricky balance of timing and funds, especially in a market with low inventory and high prices. This short-term financing option is designed to bridge the gap, allowing you to purchase your new home in New Jersey before you’ve sold your old one.

Equity 102

Equity Loans Debt-to-income ratio Home sale contingency 102

HomeLight

DECEMBER 13, 2023

Purchasing a new home in Miami, especially when trying to sell your old home, can be difficult. Balancing limited time and finances may feel impossible in a market where inventory is tight and prices continue to rise. You can then make a strong offer on your next home with no home sale contingency.

Equity 103

Equity Loans Debt-to-income ratio Home sale contingency 103

Realty Biz

JULY 6, 2022

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.

Home sale contingency 136

Home sale contingency Marketing Inspection contingency Inspection 136

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. You can then make a strong offer on your next home with no home sale contingency.

Equity 88

Equity Loans Debt-to-income ratio Home sale contingency 88

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. This can be a game-changer in fast-paced markets like Denver.

Equity 93

Equity Loans Debt-to-income ratio Home sale contingency 93

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 97

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

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. This is where a bridge loan comes into play.

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. You can then make a strong offer on your next home with no home sale contingency.

Equity 103

Equity Loans Debt-to-income ratio Home sale contingency 103

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. How does a bridge loan work in Dallas?

Equity 94

Equity Loans Debt-to-income ratio Home sale contingency 94

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 98

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

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 93

Equity Loans Debt-to-income ratio Home sale contingency 93

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 89

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

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. You can then make a strong offer on your next home with no home sale contingency.

Equity 91

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

HomeLight

NOVEMBER 17, 2023

Navigating the complexities of selling your old home and purchasing a new one in Illinois can be a challenging balancing act, especially when trying to align the timing and funds. This challenge intensifies in a market with low inventory and high prices, a common scenario for many Illinois homeowners.

Equity 94

Equity Loans Debt-to-income ratio Home sale contingency 94

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 99

Equity Loans Debt-to-income ratio Home sale contingency 99

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.

Equity 99

Equity Loans Debt-to-income ratio Home sale contingency 99

HomeLight

DECEMBER 5, 2023

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. That’s where a bridge loan in Connecticut can be your saving grace.

Equity 94

Equity Debt-to-income ratio Loans Home sale contingency 94

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 92

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

HomeLight

NOVEMBER 7, 2023

Navigating the intricate dance of selling your old home while securing your new dream house in Oklahoma can be a daunting task. 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.

Equity 99

Equity Loans Debt-to-income ratio Home sale contingency 99

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. How does a bridge loan work in Georgia?

Equity 93

Equity Loans Debt-to-income ratio Home sale contingency 93

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.

Purchase and sale agreement 105

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

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.

Home sale contingency 97

Home sale contingency Equity Finance Sales 97

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.

Purchase and sale agreement 92

Purchase and sale agreement Home sale contingency Inspection contingency Earnest money deposit 92

HomeLight

SEPTEMBER 20, 2023

On the flip side, selling your home first clears up finances but can rush your next purchase. You can then make a strong offer on your next home with no home sale contingency. This decision hinges on numerous personal, financial, and market-specific factors. The choice is seldom black and white.

Home sale contingency 84

Home sale contingency Finance Equity Marketing 84

HomeLight

DECEMBER 13, 2023

Selling your existing San Diego home while trying to purchase a new one can feel insurmountable. 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.

Equity 106

Equity Loans Debt-to-income ratio Home sale contingency 106

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.

Debt-to-income ratio 144

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

Point2Homes

DECEMBER 8, 2020

A home listed as contingent means the seller has accepted an offer. However, before the sale can go to closing, certain contingencies must be met. These clauses are defined in the sales contract and often have to do with home inspections, mortgage approvals and appraisals.

Purchase and sale agreement 145

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

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. Now I have buyer’s regret.

Purchase and sale agreement 96

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

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.

Home sale contingency 52

Home sale contingency Inspection contingency Title Pre-approval 52

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.

Backup offer 110

Backup offer Sales Home sale contingency Earnest money deposit 110

Real Trends

DECEMBER 27, 2022

Before a mortgage is approved, lenders will have a property appraisal. This ensures that the value of the deal is in sync with the sale price. Low appraisals are common during a “seller’s market,” which often occurs when housing demand is greater than housing supply. Home sale contingency. Financing fallout.

Sales 60

Sales Home sale contingency Pre-approval Inspection 60

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.

Home sale contingency 72

Home sale contingency Loan contingency Finance Loans 72

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.

Purchase and sale agreement 52

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.

Pre-approval 79

Pre-approval Inspection Title Home sale contingency 79