Remove Home sale contingency Remove Inspection Remove Renovation Remove Short sale
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. The last fees included are those for any home repairs deemed necessary by the iBuyer.

Title 85
article thumbnail

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

HomeLight

So what are the contract stipulations that put a listing into that “Contingent” stage, and how common is it for a property to hang in closing limbo? Here are 5 common contingencies in real estate contracts: Inspection contingency A buyer and their lender understandably want a home inspection to make sure they’re not investing in a lemon.

MLS 93
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

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

HomeLight

A cash buyer will generally not use a financing, appraisal, or home sale contingency , and many cash buyers will inspect the property for informational purposes only. Your inspection could reveal a big repair that you did not anticipate, forcing a renegotiation. You’re overwhelmed with prepwork.