Housing Wire

SEPTEMBER 9, 2024

Like with the amount of earnest money deposit or including an inspection contingency, the amount the buyer is asking the seller to pay her agent is a term that impacts the strength of the offer,” Redfin chief economist Daryl Fairweather said in a statement. “We’ve

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Earnest money deposit Inspection contingency Agents Marketing 480

HomeLight

JANUARY 3, 2024

What contingencies might be attached to ‘under contract’ listings? Oriana Shea , a top-rated agent in California who has been helping homebuyers for 26 years, says that, depending on local multiple list service (MLS) rules and where the property is located, a listing might actually be tagged as “contingent” rather than under contract.

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Purchase and sale agreement Earnest money deposit Inspection contingency Pre-approval 115

RIS Media

MAY 19, 2021

” There are other statuses in the MLS listings like “Pending,” “Contingent,” “Coming Soon” and “Expired.” One of the most confusing things for buyers and sellers to understand is what contingent means vs. pending. Contingent vs. Pending? Appraisal Contingencies.

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

Realty Biz

NOVEMBER 11, 2020

If these contingencies aren’t met, the buyer can walk away from the deal. They will also get their earnest money deposit back , and the home will go back on the market. The home could be subject to a few different types of contingency. Home Inspection Contingency.

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Backup offer Home sale contingency Sales Earnest money deposit 111

Redfin

AUGUST 29, 2024

That way, you’ll be able to narrow down your search to the specific price range, style of home, location and neighborhood, and other amenities when searching for homes on the MLS. The offer letter will include details like your name, address, the price you want to pay, contingencies, and possibly, your earnest money deposit.

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Earnest money deposit Purchase and sale agreement Pre-approval Debt-to-income ratio 63

HomeLight

MARCH 20, 2023

Other common contingency clauses include: Inspection Contingency: If the buyer finds fault with the home inspection report, they can ask for the seller to make repairs, or they can cancel the contract within the contingency period. Offer a larger earnest money deposit. Money talks!

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Home sale contingency Purchase and sale agreement Sales Earnest money deposit 105

HomeLight

JANUARY 3, 2023

Since you won’t be able to access MLS data without a real estate license, you’ll need to look at major home search sites to collect your data. Listing on the multiple listing service (MLS) will get your property more visibility. Earnest money. Conduct your own comps analysis. Step 7: Field and negotiate offers.

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Purchase and sale agreement Inspection Inspection contingency MLS 115