Realty Biz

NOVEMBER 11, 2020

When you begin an online search for a home, you may find some sale statuses you don’t fully understand. It is fairly obvious what is meant when homes have a status of “for sale” or “sold,” but some statuses may not be as clear. For example, if a home sale is contingent or pending, can you still make an offer?

Backup offer 111

Backup offer Home sale contingency Sales Earnest money deposit 111

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. Here’s all you should know about contingent sales as a potential home buyer. An active listing means the home in question is currently on sale, and sellers are actively open to offers. Contingent meaning. It depends.

Debt-to-income ratio 144

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

RIS Media

APRIL 18, 2022

There’s no guarantee that the property you like will be available when you’re ready to make an offer. Look at recent sale prices, as well as neighborhood trends. It may make sense to put in a backup offer when you’re not the winning bidder. Get pre-approved for a mortgage.

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Pre-approval Backup offer Due diligence Rent back 119

HomeLight

JUNE 9, 2023

A property listed as “contingent” in real estate means the seller has accepted an offer, but the deal isn’t fully closed yet. The final sale hangs in the balance, waiting for certain conditions or “contingencies” to be met. Learn More Should I accept an offer with a home sale contingency?

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Home sale contingency Inspection contingency Purchase and sale agreement Inspection 145

HomeLight

NOVEMBER 1, 2021

If you’re selling your home in a hot market rampant with bidding wars that drive up the purchase offers on home sales, you may realize that your home is unlikely to appraise for the inflated purchase offer or even for your asking price. Short sales or foreclosures in your area have driven home prices artificially low.

Purchase and sale agreement 111

Purchase and sale agreement Backup offer Proof of funds Finance 111

First Team Real Estate

DECEMBER 7, 2020

Here’s how to review details in a tidy, orderly manner so you can make sense of your home sale. In numerous cities, home buyer demand is up while inventory stays low– leaving house hunters fighting it out in multiple-offers scenarios and sellers attempting to browse everything.

Purchase and sale agreement 98

Purchase and sale agreement Pre-approval Title Backup offer 98

Redfin

MARCH 5, 2025

A mortgage pre-approval can give you a clearer picture of your financial standing and help you secure a deal faster. Look at for-sale-by-owner and inherited homes Some homeowners choose to sell their properties without involving real estate agents, often resulting in lower prices.

Debt-to-income ratio 35

Debt-to-income ratio Backup offer Finance Pre-approval 35