Remove Home sale contingency Remove Inspection Remove Rent back Remove Short sale
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.

article thumbnail

Do I Accept the First Offer on My House, or Wait and See?

HomeLight

If specific criteria aren’t met, the deal can fall through; i.e., the sale is contingent upon various factors outlined in the offer. Therefore, the fewer contingencies tied to an offer, the more likely the deal will reach closing. Common contingencies include an inspection contingency and an appraisal contingency.