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What’s the Deal with Making a Cash Offer on a House?

HomeLight

AUGUST 31, 2021

The lender usually also requires additional contingencies before they’ll approve the loan, such as an appraisal contingency to make sure the home is worth the amount they are loaning you to buy it, and an inspection contingency to see if there are any potential problems.

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Due diligence Inspection Pre-approval Pre-qualification 77
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Use These 8 Strategies to Get Yourself a Home in 2022’s Real Estate Market

HomeLight

MARCH 23, 2022

Speaking of contingencies, Peterson says the fewer, the better. If you must include contingencies, such as a loan contingency or appraisal contingency to secure a mortgage, try to include as few as possible. Letters like these can potentially impact which offer a seller chooses.

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Pre-approval Marketing Inspection Finance 95
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