Inspection contingency Marketing Pre-approval Title search 
Windemere Selling
MARCH 14, 2022
When selling your home, a buyer may make their offer with contingencies attached. Here are some common contingencies you might see in a buyer’s offer and what they mean for you. Even if a buyer is pre-approved for their mortgage , they may not be able to obtain the right loan for the home.
Windemere Buying
AUGUST 31, 2022
In a seller’s market , competition amongst buyers is high. To sweeten their offers in such market conditions, buyers will typically waive their contingencies. Common Real Estate Contingencies. Home Inspection Contingency. Title Contingency. Image Source: Getty Images – Image Credit: andresr.
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Realtor.com
DECEMBER 7, 2019
Monopoly: Hasbro Concept: Greg Chow In a white-hot market, you may feel pressure to make some concessions to win over a seller—and, no, we’re not talking about sending a basket of banana-nut muffins. That’s all hunky-dory in a buyer’s market. Contingency: Early move-in. Remember—these aren’t hard rules.
Windemere Buying
JUNE 22, 2022
In return, the seller agrees to take the home off the market. The timeline for inspections during the closing process vary state to state. Getting the home inspected allows you to ask the seller that certain repairs be made, request seller concessions, and renegotiate your offer. Now you’re ready to close!
Realty Biz
NOVEMBER 11, 2020
Let’s take a closer look at the meaning of contingent , so you can see how it might affect a home you are looking to buy. How your real estate agent markets your property when an offer has been accepted can have vital implications. For example, some agents will mark your home contingent, while others will mark pending.
Real Trends
DECEMBER 27, 2022
Before a mortgage is approved, lenders will have a property appraisal. On the buyer’s side, if a property’s appraised value is lower than the contract’s value, the mortgage may be declined; the mortgage may be approved if the buyer contributes cash up-front (to make up for the difference in value). Home sale contingency.
HomeLight
JULY 31, 2020
Loan approval. In fact, buyers should go one step further (if they can) and get pre-underwritten for a loan , which offers even more security for both buyers and sellers. Problems with the title. Minimizing clouds in a title search requires the seller to be proactive. How it can delay closing.
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