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. What is a loan contingency?

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Realty Biz

JANUARY 7, 2021

The fact is that another round of negotiations is frequently needed after the house is professionally inspected. Nor should the inspector be involved in a second round of negotiations after the inspection. Nor should the inspector be involved in a second round of negotiations after the inspection.

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HomeLight

JANUARY 31, 2024

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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HomeLight

AUGUST 31, 2021

A cash offer simply means that a buyer already has the funds available to buy the house and can pay for it without securing a mortgage loan. The associated contingencies , which come with additional risks for the seller, are where you’ll find most key distinctions between a cash offer and an offer backed by a mortgage loan.

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HomeLight

JANUARY 13, 2022

You’re getting ready to call your agent to schedule a showing when you notice that the listing says the property is “active contingent.”. What on earth does active contingent mean? In this guide, we’ll take the term “active contingent listing” and break down what it means. What does active contingent mean?

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HomeLight

NOVEMBER 29, 2021

Your house is spotless, if you can ignore the open house signs and marketing flyers strewn across the dining room floor. It’s time to sell your home, and you’ve made the bold decision to do so on your own — without hiring a Realtor®. Research your home’s market value and set a competitive listing price.

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HomeLight

SEPTEMBER 18, 2024

Platforms like HomeLight’s Simple Sale help Boise homeowners connect with vetted cash buyers, making it easy to sell your home quickly without the usual hassles of staging, showing, home inspections, and financing. Once you accept, you can close the sale swiftly, as there are no inspections or loan contingencies to hold up the process.

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