Remove Finance Remove Home sale contingency Remove Purchase and sale agreement Remove Rent back
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Is a Home Sale Contingency Clause Always Necessary? Here Are Your Options

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But one of the most influential bargaining tools is eliminating contingency clauses, especially the seller contingency clause, also known as the home sale contingency. What is a contingency clause? Let’s begin by looking at the “what” and “why” of contingency clauses. Source: (Masjid MABA / Unsplash).

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What Is a Home Sale Contingency?

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That means a large majority of homebuyers must consider the sale of their current home prior to buying a new one. At the same time, it usually does not make sense for buyers to sell their home without having a new one lined up to move into. Most often, this type of scenario calls for a home sale contingency.

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Everything You Need to Know About Making an Offer: 15 Tips for Homebuyers

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The seller will either accept your offer (in which case it becomes your purchase agreement ), or will counter your offer (you can accept or counter again), or the seller could also flatly decline. No sales contingency? Are you a first-time homebuyer, or have you already sold your home? Outline your contingencies.

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Tempted by Those ‘We Buy Houses’ Ads? Weigh the Pros and Cons

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We buy houses” companies are flippers who purchase properties “as is” for cash and renovate them, generating a profit at resale. We buy houses” operations are cash buyers or house buying companies that purchase homes directly from homeowners. Need a quick sale? Source: (Butterfly Moon / Unsplash).