Remove Finance Remove Home sale contingency Remove Renovation Remove Short sale
article thumbnail

Real Estate Pending Vs. Contingent: MLS Lingo Explained for Sellers

HomeLight

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
article thumbnail

Sell Your House for Cash: For Some, the Convenience Can’t Be Beat

HomeLight

According to a Q3 2021 study by ATTOM Data Solutions, all-cash home sales are at their highest level since the first quarter of 2015, with 34% of all single-family homes and condos purchased without financing. “In Who’s paying cash for houses? Reasons to sell your house for cash.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

13 of the Top House Buying Companies in 2022

HomeLight

Not all sellers have the time or budget for hefty renovations necessary for a proper listing, and that’s OK. Generally trade-in companies will offer to buy your current home, freeing up your funds to buy a new home and removing the need for a home sale contingency. Orchard Move First. Local investors.

article thumbnail

iBuyer Real Estate Guide for 2022: What Is an iBuyer?

HomeLight

A couple in Atlanta is ready to sell their charming and recently renovated three bed, two bath brick two-story home. They share photos of the home, complete a digital walkthrough, and have the property exterior inspected. Some companies that offer home trade-in programs include HomeLight , Knock , Opendoor and Orchard.

Title 81