HomeLight

JANUARY 12, 2024

If you’ve been shopping for a home, you’ve likely come across the term “loan contingency,” and you may be considering including this clause in your purchase offer. Or perhaps you’ve already made a loan-contingent offer, and you’re wondering about contingency removal. What is a loan contingency?

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Loan contingency Loans Earnest money deposit Inspection contingency 104

Realtor.com

NOVEMBER 28, 2022

Getty Images (3) Buying a house while simultaneously selling your current home is always a treacherous tight wire to traverse—but in today’s high-priced, high-interest-rate housing market, it’s both a blessing and a curse. How disruptive will it be to have the home I live in on the market?

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Marketing Pre-approval Equity Finance 119

Realty Biz

MARCH 29, 2023

The global real estate market reached a size of $3.69 This is someone who wants to buy a property with an all-cash bid, eliminating the need for a mortgage or other financing solution. This is someone who wants to buy a property with an all-cash bid, eliminating the need for a mortgage or other financing solution.

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Home sale contingency Loan contingency Finance Loans 72

HomeLight

APRIL 25, 2022

And then there are the challenges of trying to make a sales-contingent offer on a new home in a bustling seller’s market. This removes the sales contingency and frees up cash for clients to find their perfect new home and quickly submit an ultra-competitive offer — no contingencies necessary. Source: ( Peter Abdelmesseh.

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Loan contingency Agents Sales Finance 90

HomeLight

AUGUST 31, 2021

Cash offers are more popular in some markets than others; for buyers trying to find a house in an area where cash offers are prevalent, competing against those offers can be a discouraging part of the homebuying process. The most obvious contingency with an offer that requires financing is, of course, the financing itself.

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Due diligence Inspection Pre-approval Pre-qualification 82

HomeLight

JANUARY 13, 2022

Common contingencies include issues with appraisals, home inspections, or the buyer’s home sale. In other words, the primary deal on an active contingent listing might (maybe) fall through, causing sellers to place their home back on the market — or accept a backup offer. “I Financing contingencies.

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HomeLight

AUGUST 23, 2022

Clients maximize the value of their quick home sale with a competitive top market offer and no additional fees, commission or upfront costs. Median days on market for Ohio. Your agent should also be willing to go the extra mile on marketing. Be aware of minimum property standards for certain loans. Request Offer.

As-is 101

As-is Investor Closing costs Inspection 101