Realty Biz

NOVEMBER 11, 2020

Home Inspection Contingency. Home inspections are one of the biggest hurdles in home sales. It is not uncommon for a home to go from being market “contingent” to “back on the market” because of some issues discovered from the home inspection. Home Sale Contingency.

Backup offer 111

Backup offer Home sale contingency Sales Earnest money deposit 111

HomeLight

JULY 6, 2023

In the meantime, with a “Contingent” status, the seller is typically allowed to continue showing the home and accept backup offers in the event something goes awry. So what are the contract stipulations that put a listing into that “Contingent” stage, and how common is it for a property to hang in closing limbo?

MLS 105

MLS Backup offer Inspection contingency Purchase and sale agreement 105

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. Real estate listings go through different stages. An active listing means the home in question is currently on sale, and sellers are actively open to offers. Home inspection problems. Contingent meaning. It depends.

Debt-to-income ratio 144

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

HomeLight

JANUARY 5, 2022

Typically, the seller’s agent stops accepting offers once the home is pending sale. However, it’s often a good idea to table backup offers, which may come into play if the sale falls through. Seller’s agents are obligated to present all offers to the seller, even after a contract has been signed,” says Garrett.

Purchase and sale agreement 111

Purchase and sale agreement Backup offer Inspection Agents 111

RIS Media

MAY 19, 2021

The contingent status typically allows the home to be shown to other possible buyers, allowing backup offers to be made. Common real estate contingencies include the following: Inspection Contingencies. The most common contingency is the home inspection contingency. What Other MLS Statuses Are There?

Purchase and sale agreement 98

Purchase and sale agreement Earnest money deposit Inspection contingency Home sale contingency 98

Marco Santarelli

APRIL 15, 2023

This could be related to financing, inspection reports, or other factors that need to be addressed before the deal can proceed. If you're selling your home, setting contingencies protects you if something comes up with either buying another property or finding an acceptable offer from someone who wants to buy yours.

Backup offer 52

Backup offer Purchase and sale agreement Inspection Finance 52

HomeLight

JUNE 28, 2022

Assists in staging or hires a professional staging service. Vets all buyers and presents you with all offers and backup offers. Evaluates and negotiates offers and makes recommendations on counteroffers. Provides guidance and support through complex or stressful stages of your home sale. Buyer side.

Purchase and sale agreement 110

Purchase and sale agreement Agents Brokerage Backup offer 110