Equity Inspection contingency Pre-approval 
HomeLight
JANUARY 3, 2024
After you open escrow and the buyer submits a good faith earnest money deposit, some or all of the following contingencies may need to be addressed: The financing contingency will appear in contracts where a buyer needs to finalize a mortgage loan to purchase the home.
Point2Homes
SEPTEMBER 30, 2021
The Buyer Is Not Pre-approved for a Loan. Although buyers are not required to be pre-approved for a loan in order to buy a house, expecting them to be is perfectly reasonable. As a seller, you will save valuable time when dealing with pre-approved buyers. If not, the deal falls through.
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Redfin
MARCH 4, 2025
These properties are often priced below market value, making them attractive to buyers looking for a good deal or hoping to build equity quickly. If the auction accepts financing, make sure you have a pre-approval ready. Short sales A short sale is not the same as a foreclosure or a pre-foreclosure.
HomeLight
MARCH 28, 2025
HomeLight’s Buy Before You Sell program can unlock a portion of your equity upfront to put toward your next home. Make a strong offer with no home sale contingency. Buyer home sale contingency: If your buyers own home didnt sell in time, they may no longer be in a position to purchase yours. Get Started 1.
HomeLight
AUGUST 25, 2020
The overarching question, as you make your way down your pre-sale checklist , is likely something along the lines of: “How long is this going to take?”. Below are just some of the typical pre-listing preparations that Shapiro calls out as essential: Reduce clutter. In fact, it could even wipe out any equity you might stand to gain.
Redfin
AUGUST 29, 2024
Homeownership is a long-term investment, and staying in one place allows you to build equity and stability. Debt-to-income ratio (DTI) Another major factor that a lender will consider when approving your mortgage loan is your debt-to-income ratio (DTI). What is a home inspection contingency?
HomeLight
MARCH 6, 2023
Closing costs in California average about 1% of the home’s sale price , and there are other pre-paid costs to consider as well. He explains that owning a house is the most constructive and easiest way to build wealth, and even if you pay more now, you are still building equity, and will likely enjoy significant tax benefits.
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