RIS Media

MAY 19, 2021

When your real estate agent puts your home in the multiple listing service, it will have an “Active” status. ” There are other statuses in the MLS listings like “Pending,” “Contingent,” “Coming Soon” and “Expired.” Contingent Meaning.

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Windemere Buying

AUGUST 31, 2022

Contingencies protect buyers and sellers against these natural characteristics of the home buying process and any problems that may arise before a home sale is finalized. Whether you’re a first-time home buyer or you’ve bought before, you should be aware of common real estate contingencies and the role they play in making an offer on a home.

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Realty Biz

NOVEMBER 11, 2020

The Definition of Contingent. Do you know what contingent means when either buying or selling a home? For example, if a home sale is contingent or pending, can you still make an offer? 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.

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Housing Wire

APRIL 29, 2024

It will then make two payments of $5 million each, which are subject to certain financial contingencies, no later than Dec. One of the contingencies states that the first payment will be made if “as of December 31, 2025, Douglas Elliman’s Cash Balance is at least $40.0 As part of the settlement agreement, Douglas Elliman will pay $7.75

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Windemere Selling

MARCH 14, 2022

Contingencies help to spell out the specifics of a real estate transaction by dictating what must happen so the contract becomes legally binding. If certain conditions aren’t met, the applicable contingency gives the buyer and the seller the right to back out of the contract per their agreed-upon terms.

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Windemere Selling

NOVEMBER 30, 2022

Different real estate transactions have different conditions based on the status of the listing. The following information is meant to clarify some common real estate terms that describe a home for sale and its position in the closing process. What does contingent mean in real estate?

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American Lifestyle

JUNE 25, 2021

The post An Overview of Common Real Estate Contingencies appeared first on American Lifestyle Magazine.

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Realtor.com

OCTOBER 18, 2021

Contingent vs. under contract. when you read a listing, it can be full of real estate status codes you may not know. The post Contingent vs. Under Contract: What Do All Those Real Estate Status Codes and Listing Terms Really Mean? appeared first on Real Estate News & Insights | realtor.com®.

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Housing Wire

FEBRUARY 14, 2024

Jeremy Foster, founder and chairman of Calque Buying a home today can be stressful and fraught with complicated issues, such as contingencies requiring the buyer to sell their current home before qualifying for the home they want to buy. debt-to-income requirements) instead of requiring substantive changes to the real estate process.

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Bigger Pockets

SEPTEMBER 4, 2023

You can still buy a property listed as contingent or pending. We'll explain the difference between contingent vs. pending and how to make an offer.

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Housing Wire

FEBRUARY 22, 2024

CashPlus has no appraisal or financing contingencies. The product is limited to conventional loans, primary residences and buyers who are represented by a real estate agent. “In

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Housing Wire

MARCH 19, 2024

Calque , a company that partners with lenders to offer non-contingent mortgages to homebuyers, has appointed Michael Bremer as CEO. Calque can help established lenders and real estate agents meet consumer needs without disintermediating them or disrupting their traditional roles.

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Housing Wire

SEPTEMBER 7, 2023

Rather than belabor the kick in the teeth this industry is feeling, I’d like to bring attention to the other side of the coin that has some real estate brokers licking their chops. During this time, we ( RTC Consulting ) have come to grips with various certainties prevalent in residential real estate.

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Housing Wire

OCTOBER 27, 2020

The real estate market is hot right now, and bidding wars are the norm in many parts of the country. It’s just one of the many reasons to think long and hard about making a contingent offer. It’s just one of the many reasons to think long and hard about making a contingent offer. Sellers can have contingencies, too.

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Housing Wire

MARCH 14, 2024

As the third largest real estate trade association in New Jersey, serving nearly 9,000 members throughout Northern New Jersey, Greater Bergen Realtors provides our members with some of the best educational and professional development opportunities to succeed in the real estate industry,” Jorge Ledesma, Greater Bergen Realtors CEO, said. “We

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Housing Wire

DECEMBER 8, 2023

How do you articulate the value you bring when representing a homebuyer in a real estate transaction? Guide them through escrow Once you’ve won the offer, help your clients through the contingencies, inspections, the appraisal process and the final walk-through. Top 10 ways to get homebuyers to work with you 1.

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Housing Wire

FEBRUARY 20, 2024

The bill essentially negates as a negotiating tool the waiving of the home inspection contingency , which makes an offer for a home contingent on the results of an inspection. Brian Ashe, who co-sponsored the House version of the legislation. Most inspectors come from the building trades, but there are many exceptions to that rule.

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Housing Wire

AUGUST 17, 2023

The Consumer Finance Protection Bureau (CFPB) issued orders against Freedom Mortgage Corporation and Realty Connect USA Long Island for illegal kickbacks on Thursday, the first enforcement action associated with the 1974 Real Estate Settlement Procedures Act in six years. Freedom must pay $1.75 million fine.

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Keeping Current Matters

SEPTEMBER 15, 2021

A Real Estate Professional Can Lead You to Victory. No matter what the housing market looks like, rely on a trusted real estate advisor. Agents are experts in the local real estate market. Understand the Seller’s Needs, but Resist Waiving Certain Contingencies. Bottom Line.

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HomeLight

JANUARY 31, 2024

Perhaps you’ve found a house you love, but it’s labeled with a “contingent” status. How long can a house be contingent? Contingent listings can be puzzling and sometimes frustrating — especially when you’re searching for your dream home. We’ll also share how you can make a strong offer with fewer contingencies.

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Maximum Exposure Real Estate

NOVEMBER 14, 2023

One of the questions I often field as a real estate agent from buyers and sellers is the difference between a pending home sale and a contingent home sale. Some will also ask what a contingency means as well. appeared first on Maximum Real Estate Exposure. appeared first on Maximum Real Estate Exposure.

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HomeLight

JANUARY 12, 2024

If you’ve been shopping for a home, you’ve likely come across the term “loan contingency,” and you may be considering including this clause in your purchase offer. Or perhaps you’ve already made a loan-contingent offer, and you’re wondering about contingency removal. But what does removing this contingency mean for you?

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HomeLight

JANUARY 24, 2024

In this post, we explain the bump clause in real estate and why some sellers may choose to label their property as “Active Offer No Bump.” You can then make a strong offer on your next home with no home sale contingency. Learn More What is a bump clause in real estate? What does ‘Active Offer No Bump’ mean?

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RIS Media

FEBRUARY 29, 2024

In real estate transactions, buyers and sellers often negotiate various aspects of the deal. Negotiations can include the purchase price, closing costs and contingencies. One element that frequently arises during these negotiations is referred to as seller concessions or repair credits.

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Keeping Current Matters

JUNE 21, 2021

Lean on a Real Estate Professional. While homebuying may seem like a whirlwind process to you, local real estate agents do this every day, and we know what works. Your ability to do a quick close or make an offer that’s not contingent on the sale of your current home. Make a Strong, but Fair Offer. Bottom Line.

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HomeLight

DECEMBER 29, 2023

As a homebuyer entering a competitive real estate market, it’s likely you’ll encounter the term “non-contingent offer.” A non-contingent offer is often seen as a bold move in residential real estate transactions, signifying an offer to buy a property without certain conditions or “ contingencies ” that must be met first.

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HomeLight

JANUARY 10, 2024

Most purchase agreements are contingent on two key items: home inspection and financing. As a homebuyer, knowing what these contingencies mean for you and the seller can help you make decisions with more confidence and avoid unexpected surprises and pitfalls. Get Started What does contingent mean when buying a home?

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HomeLight

FEBRUARY 16, 2024

You’re told that the seller is receiving multiple offers, but some have attached contingencies — conditions the other buyers have included in their offers. Now is the time to act, but you need to know how to beat a contingent offer. Here’s how you can beat a contingent offer and move one step closer to securing your future home.

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HomeLight

DECEMBER 12, 2023

This is where a mortgage contingency can save the day. A mortgage contingency protects you in such situations, ensuring that you’re not left holding an empty bag if the financing falls through. Get Started What is a mortgage contingency? How does a mortgage contingency work?

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Keeping Current Matters

MARCH 15, 2021

Listen to Your Real Estate Advisor. A real estate professional should be the expert guide you lean on for advice when you’re ready to make an offer. Without an inspection contingency, you could be stuck with a contract on a house you can’t afford to fix.”. Understand Your Finances. Bottom Line.

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Keeping Current Matters

NOVEMBER 30, 2020

Today’s real estate market has high buyer interest and low housing inventory. Listen to Your Real Estate Agent. Your real estate professional should be your primary source for answers to the questions you have when you’re ready to make an offer. Understand Your Finances. Bottom Line.

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HomeLight

JANUARY 3, 2024

But what does “under contract” mean in real estate? Find a Top Agent With Experience in Contingency Offers If you need to make an offer on a home with contingencies, you’ll want a top agent by your side who can avoid pitfalls and secure the home you want. Get Started What does ‘under contract’ mean?

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RIS Media

JANUARY 29, 2024

The plaintiffs’ attorney successfully argued that the whole real estate industry engaged in collusion and price-fixing. As real estate professionals, we know that isn’t true, right?

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RIS Media

APRIL 8, 2022

Once you find your dream home and it happens to be marked as contingent, you can still place an offer. Here’s all you should know about contingent sales as a potential home buyer. Contingent meaning. Real estate listings go through different stages. What about houses listed as “contingent?”

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Realty Biz

SEPTEMBER 11, 2023

Real estate transactions involve multiple stages, with "under contract" being a critical phase. We will explore why under-contract homes may fall apart and clarify the difference between "under contract" and "pending" status in real estate. Many sales will never make it to the closing due to various contingencies.

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HomeLight

JANUARY 26, 2024

For this reason, most contracts contain an inspection contingency clause. But what happens if the inspection contingency expires? If this contingency period lapses before you’ve finalized your decisions, will you lose your deposit? Get Started How does an inspection contingency work? Will you lose the house?

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Realty Biz

JULY 25, 2023

What It Means to Be Under Contract or Pending Sale In real estate, the term “ under contract ” means that the buyer has made an offer on a property and the seller has accepted. There may still be contingencies that need to be met, such as a home inspection or appraisal. Why Are Contingencies Important?

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