Finance Inspection contingency Pre-approval Purchase and sale agreement 
Realty Biz
AUGUST 22, 2022
In my eagerness to buy my first home, I made a full-price offer with the only continency being that my mortgage was approved. I didn’t even include an inspection contingency. In a few short weeks, the market has gotten much softer in this neighborhood and I’m not even sure the house will appraise for my purchase offer.
HomeLight
JANUARY 3, 2024
Sometimes you come across a home for sale that checks off every box on your list, but the listing status says that it’s “under contract” or “sale pending.” In most cases, there are contingencies in the buyer’s offer that need to be cleared before the transaction is moved to the more solid “sale pending” status.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
HomeLight
JUNE 9, 2023
A property listed as “contingent” in real estate means the seller has accepted an offer, but the deal isn’t fully closed yet. The final sale hangs in the balance, waiting for certain conditions or “contingencies” to be met. Get Started Are contingencies common in real estate?
Windemere Selling
MARCH 14, 2022
When selling your home, a buyer may make their offer with contingencies attached. Here are some common contingencies you might see in a buyer’s offer and what they mean for you. Even if a buyer is pre-approved for their mortgage , they may not be able to obtain the right loan for the home.
Windemere Buying
JUNE 22, 2022
You’ve applied for financing , worked with your agent to search for available listings, put in time attending open houses, and have found the place you’re ready to call home. Sellers will typically request alterations like a higher price, a modification to your contingencies , or an adjustment of closing dates.
HomeLight
NOVEMBER 9, 2021
If you need to move even more swiftly than that, selling to an online direct buyer through a platform like HomeLight’s Simple Sale could take as little as 10 days. The Simple Sale process frees you of the hassle of staging your home and jumping through hoops for the buyer’s lender. Buyer’s financing method. Traditional Sale.
HomeLight
JULY 31, 2020
There’s a house for sale that you want to buy. Out of the delayed contracts, the most common causes were financing issues (37%), followed by appraisal issues (18%) and inspection issues (16%). Loan approval. The appraisal is lower than the purchase price. Closing on a house seems pretty straightforward.
Expert insights. Personalized for you.
96 
Let's personalize your content