Housing Wire

FEBRUARY 14, 2024

Buy before you sell’ (BBYS) products like The Trade-In Mortgage powered by Calque eliminate the stressors caused by financing contingencies. Also, BBYS products make homeowners competitive bidders because they can submit non-contingent offers that can compete with cash offers, which made up one-third of winning offers in Q4 2023.

Backup offer 448

Backup offer Loan Officer Home sale contingency Branding 448

HomeLight

JUNE 29, 2022

As interest rates start increasing, as they are right now in 2022 , sellers may not have as many backup offers to consider as they would when rates were low. Price your house right to attract competitive offers. Negotiate closing costs with your ‘win’ priorities in mind.

Earnest money deposit 111

Earnest money deposit Purchase and sale agreement Closing costs Closing 111

HomeLight

MARCH 20, 2023

Financing Contingency: If the buyer’s mortgage proceedings fall through, they can walk away from the home. A kick-out clause acts as a sort of compromise in light of an offer with a home sale contingency. They may be able to accept backup offers as well, depending on how the clause is written. Money talks!

Home sale contingency 105

Home sale contingency Purchase and sale agreement Sales Earnest money deposit 105

Windemere Selling

NOVEMBER 30, 2022

Pending: When a home is listed as “pending” it means the seller has accepted the buyer’s offer and the sale will most likely be finalized after a successful final inspection and the buyer securing financing. Both parties agree on a closing date and see the deal through to its completion. What does contingent mean in real estate?

Purchase and sale agreement 52

Purchase and sale agreement Backup offer Home sale contingency Inspection 52

Windemere Buying

JUNE 22, 2022

Making an offer on a house feels like a reason to celebrate. You’ve applied for financing , worked with your agent to search for available listings, put in time attending open houses, and have found the place you’re ready to call home. So, what happens after you make an offer on a house? Now you’re ready to close!

Purchase and sale agreement 52

Purchase and sale agreement Inspection contingency Backup offer Seller concession 52

First Team Real Estate

DECEMBER 14, 2020

We listen to the needs of our lifelong clients, educate them with facts, and match for custom solutions in regards to inventory and creative financing. It’s this local knowledge that helped us build our proprietary Buyer Pipeline database, revealing how many buyers are active in your area and what price points they’re looking for.

Brokerage 105

Brokerage Backup offer Staging MLS 105

First Team Real Estate

DECEMBER 13, 2020

We listen to the needs of our lifelong clients, educate them with facts, and match for custom solutions in regards to inventory and creative financing. It’s this local knowledge that helped us build our proprietary Buyer Pipeline database, revealing how many buyers are active in your area and what price points they’re looking for.

Brokerage 40

Brokerage Backup offer Staging MLS 40