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Contingent vs. Pending: Real Estate Lingo Explained

RIS Media

.” There are other statuses in the MLS listings like “Pending,” “Contingent,” “Coming Soon” and “Expired.” ” What do they mean and how will they affect your home sale? Despite this, there can still be room to negotiate the conditions of the sale. Pending Meaning.

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

HomeLight

Title contingency Before closing, a title company pulls public records and other details to guarantee that no one else can stake a claim on the property you’re trying to sell. Home sale contingency This contingency can arise when a buyer must sell their current home before buying yours.

MLS 92
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23 ways to find off-market, hidden inventory

Real Trends

According to Altos Research , last week’s inventory fell again by 6,858 listings, which is more than we saw last year, but still not enough homes for sale. New build sales reps can be a goldmine , especially in medium-priced and luxury new construction communities. For sale by owners (FSBOs).

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Bridge Loans in Texas: How to Unlock Home Equity to Buy Before You Sell

HomeLight

Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. You can then make a strong offer on your next home with no home sale contingency. Higher interest rates have made sales volume go down, but prices have gone up over the last year.

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How to Sell a House by Owner in South Carolina: A FSBO Guide

HomeLight

When the time comes to move, some tenacious homeowners in South Carolina are eager to take over the reins of their home sale and figure out how to sell a house by owner. As the market shifts, you may have new concerns about how much you can get for your home and the amount of your net proceeds. Get Started.

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How to Sell a House By Owner in Alabama

HomeLight

When the time comes to move, some tenacious homeowners are eager to take over the reins of their home sale and figure out how to sell a house by owner in Alabama. With millions of homes sold each year, a modest portion of sellers — about 7% in 2021 and 10% in 2022 — choose to list “For Sale By Owner” (or FSBO — pronounced fizz-bow).

MLS 68