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What Is a Home Sale Contingency?

HomeLight

That means a large majority of homebuyers must consider the sale of their current home prior to buying a new one. At the same time, it usually does not make sense for buyers to sell their home without having a new one lined up to move into. Most often, this type of scenario calls for a home sale contingency.

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A kick-Out Clause Beats a Home Sale Contingency For Sellers

Realty Biz

Kick-Out Clause vs. Home Sale Contingency. When the real estate market favors sellers home sale contingencies almost become extinct. In hot markets there would never be a need for a seller to even considered a home sale clause. However, there is one alternative that will become more popular.

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

HomeLight

But one of the most influential bargaining tools is eliminating contingency clauses, especially the seller contingency clause, also known as the home sale contingency. What is a contingency clause? Let’s begin by looking at the “what” and “why” of contingency clauses. Source: (Masjid MABA / Unsplash).

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Calque launches another “Buy Before You Sell” program

Housing Wire

Fintech Calque rolled out an affordable version of its Buy Before You Sell program that enables homeowners to remove home sale contingencies and debt-to-income (DTI) constraints. A sale contingency in a real estate purchase contract makes the sale of a property dependent on the successful sale of the buyer’s current home.

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It’s no longer a frenzy, but the Bergen County housing market is still hot

Housing Wire

Homes that are priced in that medium price range, which here is anything under $600,000, is still moving very quickly,” Fontanella said. “We Fontantella isn’t the only one seeing slower market conditions in Bergen County. The Altos Research Market Action Index score for the county has dropped from a 90-day average of 54.63 as of Sept.

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How Long Can a House Be Contingent?

HomeLight

Contingent listings can be puzzling and sometimes frustrating — especially when you’re searching for your dream home. In this post, we’ll unpack real estate contingencies, clarify the difference between contingent vs. pending, and explain how long a house might remain labeled as contingent. Why Move Twice?

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What Does Contingent Mean in Real Estate?

HomeLight

But as your eyes scan the details of the listing, you come across a term that makes you pause: “Contingent.” ” So, what does contingent mean in real estate? A property listed as “contingent” in real estate means the seller has accepted an offer, but the deal isn’t fully closed yet.