Remove Closing Remove Finance Remove Home sale contingency
article thumbnail

What Is a Home Sale Contingency?

HomeLight

Most often, this type of scenario calls for a home sale contingency. With the help of real estate agent Jesse Allen , a single-family home expert in southern Indiana , we’ll help to explain the ins and outs of home sale contingencies, and offer additional alternatives for buyers who currently own a home.

article thumbnail

Is a Home Sale Contingency Clause Always Necessary? Here Are Your Options

HomeLight

Cash offers or flexibility in choosing a closing date can also be attractive enticements to a seller. But one of the most influential bargaining tools is eliminating contingency clauses, especially the seller contingency clause, also known as the home sale contingency. What is a contingency clause?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How does the “buy before you sell” model differ from iBuyers and Power buyers?

Housing Wire

As a result, homeowners either must sell their current home and suffer through double moves and short-term rentals to access the equity they’ve accrued, or they have to make contingent offers that require the sale of their current house to close. We work with lenders to fix the problem at its root (i.e.,

article thumbnail

Hard Money Lenders El Paso: Quick Financing Tips

HomeLight

These loans provide faster access to funds compared to conventional financing, making them a popular choice for real estate investors. We’ll also explore alternatives and highlight top local lenders to help you decide if this financing option aligns with your investment goals. How does a hard money loan work? Here’s how they work:

Finance 114
article thumbnail

Bridge Loans in Phoenix: How to Unlock Home Equity to Buy Before You Sell

HomeLight

When inventory is low, and prices are high, it might seem like your only option is to sell first, move out, and find a temporary place to live while you search for your next home. This short-term financing option can help you buy your new home first and then sell your old one on your schedule. Yes, You Can Buy Before You Sell.

Equity 52
article thumbnail

Hard Money Lenders San Jose: Flexible Financing Solutions

HomeLight

Are you searching for financing options for your next real estate investment in San Jose? Whether you’re eyeing a fixer-upper in Willow Glen or planning to invest in rental properties near Santana Row, hard money lenders in San Jose offer a speedy and flexible financing option. How does a hard money loan work?

Finance 115
article thumbnail

Richmond’s Hard Money Lenders: Flexible Financing Solutions

HomeLight

Hard money loans offer a quick and flexible financing solution for real estate investors, allowing them to capitalize on opportunities that traditional loans might not support. These loans provide a faster funding option with less focus on your credit score, enabling you to secure the financing you need based on the value of your property.

Finance 115