RIS Media

MAY 19, 2021

The home inspection can lead to some delays in the process, too, for around 10% of cases. Financing or Mortgage Contingencies. The majority of homebuyers use a mortgage to finance their purchases. The financing contingency makes sure that the buyer can secure the amount of finance they need for the purchase.

Purchase and sale agreement 98

Purchase and sale agreement Earnest money deposit Inspection contingency Home sale contingency 98

HomeLight

JULY 6, 2023

According to HomeLight’s Top Agent Insights Report for Summer 2023, a gents estimate that buyers only waived the inspection contingency on 20% of contracts. Financing contingency Sometimes called a mortgage contingency , this specifies that the deal hinges on the buyer securing their loan.

MLS 90

MLS Backup offer Inspection contingency Purchase and sale agreement 90

HomeLight

SEPTEMBER 25, 2023

In this post, we’ll unpack this financing option and how you can put it to work for you. 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.

Equity 81

Equity Loans Debt-to-income ratio Home sale contingency 81

Real Trends

FEBRUARY 27, 2023

New build sales reps can be a goldmine , especially in medium-priced and luxury new construction communities. They don’t take resale listings, and they won’t take a home sale contingency. This means they know who has a home to sell before they can close on the new one!

Marketing 94

Marketing MLS Pre-approval Home sale contingency 94

HomeLight

NOVEMBER 21, 2022

Gila adds that FSBO sellers should list their home at fair market value , especially when competing with new construction in South Carolina that offers high incentives for buyers as well as real estate agents who provide Realtor® bonuses and buy-down interest programs or closing costs paid by sellers. See the next step!).

Purchase and sale agreement 74

Purchase and sale agreement MLS Pre-approval Agents 74

HomeLight

APRIL 26, 2023

A bank statement will help weed out people who are just looking around and don’t have the qualifications to purchase your house from legitimate buyers who can obtain financing. Here are key considerations when evaluating an offer on your Alabama home: Vet potential buyers by requiring a mortgage pre-approval letter or proof of funds.

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MLS Agents Sales Proof of funds 66