Point2Homes

DECEMBER 8, 2020

Therefore, if you find a property that you really want to purchase but has been marked as “contingent,” it could be well worth your time to have your real estate agent check into where things are in the transaction. How is Contingent Different from Pending? Short Sale. Probate contingencies are far less common.

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Purchase and sale agreement Backup offer Home sale contingency Short sale 145

HomeLight

JULY 31, 2020

That means they should pay off any debts they have associated with the house and sit down with a real estate attorney to review all the pertinent documents for red flags before even putting the house on the market. Home sale contingency. Short sale. Image Source: (Shutterstock.com/Vitalii Vodolazskyi).

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Closing Purchase and sale agreement Title search Earnest money deposit 110

HomeLight

NOVEMBER 10, 2021

Please visit the iBuyer’s website for the most up-to-date information on each individual program’s fees, market coverage, business model, and more. When a buyer is scheduled to tour your home the next day, you can’t hit the sack. million depending on the market. Service fee: Between 5% and 13% of your home sale price.

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Home sale contingency Sales Closing Short sale 95

HomeLight

APRIL 15, 2022

An iBuyer is a deep-pocketed real estate technology company that uses digital tools to purchase homes directly from homeowners and close quickly. iBuyers tend to offer much closer to market value than other types of investors and flippers, but they also charge a service fee and are limited in the types of homes they will buy.

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Title House Flipping Title search Sales 84

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 Home sale contingencies.

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Backup offer Inspection contingency Purchase and sale agreement Home sale contingency 77

HomeLight

JULY 6, 2023

When your home first hits the market, your listing agent will note that it’s “Active,” as in ready and available for showings — but there’s a lot of ground to cover before your agent lists the status as “Closed,” when you have a done deal and you’re ready to hand over the keys. Learn More Contingent or pending, you’re under contract!

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MLS Backup offer Inspection contingency Purchase and sale agreement 92

HomeLight

MARCH 21, 2022

While selling to a We Buy Houses company offers a number of conveniences, house-buying businesses typically pay less than market value for the homes they purchase, and sometimes significantly so. They are another legitimate option for selling your home in the markets where they make purchases. House flippers.

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