HomeLight

MARCH 20, 2023

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.

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

HomeLight

MARCH 31, 2022

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? Let’s begin by looking at the “what” and “why” of contingency clauses. Source: (Masjid MABA / Unsplash).

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Home sale contingency Sales Purchase and sale agreement Inspection contingency 104

HomeLight

APRIL 21, 2022

Cash vs. financing : Cash offers usually result in a faster sale than mortgage-backed offers; if speed is an important aspect of the sale, this could make a significant difference. Therefore, the fewer contingencies tied to an offer, the more likely the deal will reach closing.

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Inspection contingency Home sale contingency Pre-approval Agents 111

HomeLight

JANUARY 4, 2022

Fifty-seven percent of agents have seen buyers leverage their own retirement or securities funds, 49% have seen buyers take out a home equity loan or home equity line of credit, and 38% have seen buyers receive short-term loans from family members in order to buy a house with cash.

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Investor Finance Inspection Sales 98

BAM Media

JUNE 14, 2024

The least stressful is to identify homes that have been on the market for more than a week and that would be more likely to accept a home sale contingent offer. Option 2 is speaking with one of our preferred lenders that specializes in Bridge loans. Option 3 is putting your home on the market.

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