Home sale contingency Pre-approval Title search 
Windemere Buying
MAY 19, 2025
Financing Contingency Also known as a mortgage contingency, a financing contingency gives the buyer a specified period of time to secure adequate financing to purchase the home. Even if you are pre-approved for your mortgage , you may not be able to obtain the right loan for the home.
RIS Media
APRIL 8, 2022
Since most homes are financed, and financing isn’t guaranteed until a buyer has signed the dotted line, failure to secure funds can put a home back up for sale. While financing may be pre-approved, the process is complex. If the house doesn’t get sold in the stipulated time, the sale can fail to materialize.
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Realty Biz
NOVEMBER 11, 2020
Understanding how a home inspection works is essential for both buyers and sellers, given the importance of this real estate transaction phase. Home Sale Contingency. If the buyer still needs to sell their home before they can close on the new property, a home sale contingency can be put in place.
HomeLight
JUNE 23, 2022
It is simply a period of time that the buyer sets to secure financing approval from a lender for the purchase of the home. However, the seller-focused Kick-Out Clause allows the seller to continue marketing the home and receiving offers. The home’s appraisal comes in low. Buyer’s current home doesn’t sell in time.
HomeLight
NOVEMBER 9, 2021
A buyer using a mortgage will most likely include the following contingencies (all of which have deadlines): Inspection contingency (note: this one is optional and buyers can choose to waive it). Appraisal contingency. Home sale contingency. Mortgage contingency. A title search can take up to 14 days.
Realty Biz
JULY 1, 2023
Depending on how far along in the escrow process you are, this can be done in a variety of ways: Providing a deposit - If you have not yet made an offer on a home, consider providing an earnest money deposit as your first step. Step 6: Ensuring Clear Title When buying a home, ensuring a clear title is paramount.
Redfin
MARCH 3, 2022
Unless you’re submitting an all-cash offer, you’ll need to obtain financing to purchase your home. It’s recommended to get pre-approved before house hunting to give yourself a realistic idea of how much home you can afford ; however, a mortgage pre-approval doesn’t guarantee that your loan application will be approved.
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