Housing Wire

FEBRUARY 14, 2024

a binding backup offer on their existing home) which allows consumers to replace Calque with another buyer that either offers more or will close more quickly. Lenders want to consider who owns the client relationship and which brand is front and center in the transaction.

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Backup offer Loan Officer Home sale contingency Branding 448

HomeLight

MARCH 21, 2022

Generally trade-in companies will offer to buy your current home, freeing up your funds to buy a new home and removing the need for a home sale contingency. Example home trade-in companies: HomeLight Trade-In. Some home-buying companies focus on purchasing houses in specific regions, states, and cities.

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Home sale contingency Closing costs Investor Sales 105

Realty Biz

APRIL 4, 2022

Homebuyers in the Northern Virginia Area and Virginia Beach can now overcome barriers to homeownership by using “All Cash by Weichert Financial, powered by Ribbon” – waiving mortgage, appraisal, and home sale contingencies. For many, purchasing a home is an increasingly elusive part of the American dream.

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Home sale contingency Loan Officer Investor Title 76

First Team Real Estate

DECEMBER 7, 2020

Any contingency consisted of in the agreement needs to be kept in mind and thought about. When providing deals to sellers, it’s crucial that they comprehend how contingencies may affect the sale. Home-sale contingencies are likewise typical, they do include another layer of intricacy to the offer.

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Purchase and sale agreement Pre-approval Title Backup offer 98

HomeLight

DECEMBER 22, 2020

It had brand new appliances, flooring, and renovated bathrooms. Everything in the home was fresh and ready to go. Other homes in the neighborhood were nowhere near as polished. “We “It was the second house we looked at, and we fell in love,” Rivera shares. And best of all? There was a perfect loft space playroom for the kids.

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Closing Home sale contingency FHA loan Title 110

HomeLight

OCTOBER 30, 2020

A cash deal can close in as little as 7 days, while financed home purchases tend to take an average of 45 days to close. And if you add a home sale contingency into the mix (that is, if you need to sell your current home before you can buy a new one), closing the deal can take even longer. Because it’s fast.

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Closing Inspection contingency Title search Purchase and sale agreement 116

HomeLight

SEPTEMBER 11, 2020

An appraisal contingency that allows you to get your earnest money back if the transaction has to be canceled because the appraisal doesn’t support the purchase price of the home. A financing or mortgage contingency , which states that the buyer can back out of the deal if they can’t obtain financing to complete the purchase.

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