RIS Media

APRIL 8, 2022

Something can come up (such as an unanswered financial obligation or a significant purchase before the closing that changes the debt-to-income ratio) and put a home back. . If you put an offer on a property marked contingent, you could be the next buyer should the current contract fall through. Low appraisal. It depends.

Debt-to-income ratio 144

Debt-to-income ratio Title search Backup offer Home sale contingency 144

Redfin

MARCH 5, 2025

Review your savings for your down payment , monthly income, and potential loan options to set a realistic price range. Maintaining a low debt-to-income ratio and a strong credit score can also enhance your eligibility for favorable mortgage terms.

Debt-to-income ratio 31

Debt-to-income ratio Backup offer Finance Pre-approval 31

Redfin

MARCH 5, 2025

Review your savings for your down payment , monthly income, and potential loan options to set a realistic price range. Maintaining a low debt-to-income ratio and a strong credit score can also enhance your eligibility for favorable mortgage terms.

Debt-to-income ratio 31

Debt-to-income ratio Backup offer Finance Pre-approval 31

Real Trends

MARCH 8, 2023

If your sellers have a backup offer, evaluate all the facts before you switch to accepting that deal. If there is no backup offer, request a 2-week extension so you have time to resolve the issues. Ratio issues What does this even mean? Typically, the total debt-to-income ratio should be 36% or less.

Debt-to-income ratio 99

Debt-to-income ratio Finance Backup offer Agents 99