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Is a Home Sale Contingency Clause Always Necessary? Here Are Your Options

HomeLight

MARCH 31, 2022

Or you could run into issues because something major changes with your finances during the loan approval process, such as losing your job or needing to take on a car loan. The contingency allows you to walk away without penalty if you can’t secure financing to buy the house. Why would a seller reject a home sale contingency?

Home sale contingency 79
Home sale contingency Sales Purchase and sale agreement Inspection contingency 79
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How to Buy a House in San Diego: 14 Steps to Close the Sale

HomeLight

MARCH 2, 2023

Loans are between 3%-3.5% CalHFA works through approved lenders, and buyers apply for the program through their loan officer. Do they need to do a rent-back on the house, or do they want a quick close? What is their timeline and what will make our offer stand out?”

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Closing Earnest money deposit Sales Inspection 89
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