HomeLight

DECEMBER 30, 2023

While under contract, there are typically contingencies in the buyer’s offer that need to be resolved before the sale moves forward. If contingencies are not met, the deal might fall through. If the buyer fails to secure financing, they can withdraw without losing their deposit.

Home sale contingency 106

Home sale contingency Purchase and sale agreement Inspection contingency Inspection 106

HomeLight

DECEMBER 29, 2023

As a homebuyer entering a competitive real estate market, it’s likely you’ll encounter the term “non-contingent offer.” But what exactly does this mean if you’re buying a home? Here’s what it involves: Definition: A non-contingent offer is a bid to purchase a property without attaching conditions or contingencies to the sale.

Inspection contingency 92

Inspection contingency Home sale contingency Inspection Residential 92

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. Your question is very timely as the residential market is transitioning away from being a seller’s market to being a more balanced market.

Purchase and sale agreement 96

Purchase and sale agreement Earnest money deposit Pre-approval Home sale contingency 96

HomeLight

JANUARY 3, 2023

FSBO sellers in Colorado may consider getting a home inspection prior to listing their home for sale. However, be aware that if you get a pre-listing inspection, you will be required to share relevant findings with buyers and how you did or did not address them. Lead-based paint disclosure (sales).

Purchase and sale agreement 102

Purchase and sale agreement Inspection MLS Inspection contingency 102

HomeLight

MARCH 31, 2022

For Sale signs in the yard: Generally allowed, but regulations vary by jurisdiction concerning size, placement, and other limitations. Arizona law requires sellers to disclose material facts about the property through the Residential Seller Disclosure. Disclosures: . Is a real estate attorney required? .

Purchase and sale agreement 93

Purchase and sale agreement Inspection MLS Inspection contingency 93

HomeLight

MARCH 31, 2022

Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes. FSBO sellers in Florida may want to consider getting a home inspection prior to listing their home for sale.

Purchase and sale agreement 95

Purchase and sale agreement Inspection Title MLS 95

HomeLight

JANUARY 13, 2022

If a contingency isn’t met, then buyers can back out of a deal without any repercussions and they can get their earnest money back. Common contingencies include issues with appraisals, home inspections, or the buyer’s home sale. How is an active contingent listing different from a pending listing?

Backup offer 81

Backup offer Inspection contingency Purchase and sale agreement Home sale contingency 81