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7 Common Contingencies in Real Estate That Buyers Should Know

Redfin

In real estate, contingencies are conditions included in a purchase agreement that must be met for the transaction to move forward. Although not required, contingencies are standard in most real estate contracts – and some are especially important depending on where you’re buying.

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

HomeLight

If you need to move even more swiftly than that, selling to an online direct buyer through a platform like HomeLight’s Simple Sale could take as little as 10 days. How it might take 12-75 days to sell your home. This means, using the conventional process, you can generally sell your home in as little as 48-75 days.

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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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Earnest Money and House Deposits Explained

Rochester Real Estate

(585) 704-7095 Contact Now Search Homes Home Fair Housing S.O.P. The Essentials of Home Deposits When you make an offer on a house , you want the seller to take their property off the market. This isn’t without risk for the seller, and to show you are serious about the purchase, a good faith house deposit is required.

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When a Home Sale Falls Through, What Now?

HomeLight

Youve cleaned, staged, listed, and accepted a promising offer. And then, unexpectedly, the home sale falls through. of homes under contract failed to close. Thats one in seven pending home sales and one in seven life chapters placed on hold. Make a strong offer with no home sale contingency.

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What Is a Counter Offer in Real Estate? A Guide for Agents

The Close

These negotiation strategies are vital elements of real estate transactions and often determine the success or failure of a property sale. By mastering these techniques and learning from real estate counteroffer examples, agents can ensure that buyers and sellers achieve mutually beneficial agreements.

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7 Straightforward Steps to Selling a House with a Realtor®

HomeLight

Marketing your home “for sale by owner” (known as FSBO ) or selling to an iBuyer (instant buyer) like Opendoor or Offerpad are options that may seem to prioritize profit and speed, respectively. But the most conventionally respected process for selling your home involves a licensed Realtor®, and there are proven reasons why.