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What Does Contingent Mean in Real Estate Sales

Realty Biz

Let’s have a look at the most common types of contingency you are likely to see. Home Inspection Contingency. The purchase of the property can be contingent on the home inspector’s report. If the home requires some repairs, the price can be renegotiated, or the seller can fix the issues.

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Can You Put an Offer on a House That’s Contingent?

RIS Media

Once you find your dream home and it happens to be marked as contingent, you can still place an offer. Here’s all you should know about contingent sales as a potential home buyer. Contingent meaning. Real estate listings go through different stages. What about houses listed as “contingent?”

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How to Buy a House Contingent on Selling Yours: 4 Paths to Success

HomeLight

Here are the four primary options available to you when it comes time to buy a house that is contingent on selling yours. ?. What is a home sale contingency? In real estate, a “ contingency ” refers to certain circumstances that must be met before a home sale can be finalized. Don’t skimp on staging.

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Contingent vs. Pending: Real Estate Lingo Explained

RIS Media

Not all sales will have contingencies with them, but most will. Common real estate contingencies include the following: Inspection Contingencies. The most common contingency is the home inspection contingency. Financing or Mortgage Contingencies. Home Sale Contingencies.

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

HomeLight

So what are the contract stipulations that put a listing into that “Contingentstage, and how common is it for a property to hang in closing limbo? Buyers also can use the findings of an inspection to negotiate for repairs or credits. Buyers also can use the findings of an inspection to negotiate for repairs or credits.

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How Fast Can I Sell My House? It Can Take 75 Days or 12

HomeLight

This means, using the conventional process, you can generally sell your home in as little as 48-75 days. The Simple Sale process frees you of the hassle of staging your home and jumping through hoops for the buyer’s lender. Most buyers get an inspection, which may initiate repairs or re-negotiations.

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17 Tips to Sell Your House in a Down Market

HomeLight

This is when a certified appraiser independently tours your home and reviews your square footage, overall condition, and features, and compares that information to other houses in your area. Get a pre-listing home inspection. Paint your house – painting the outside or toning down the inside could help your sale.

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