HomeLight

JUNE 9, 2023

A property listed as “contingent” in real estate means the seller has accepted an offer, but the deal isn’t fully closed yet. The final sale hangs in the balance, waiting for certain conditions or “contingencies” to be met. Purchase mortgages today are taking over 40 days to close on average.

Home sale contingency 145

Home sale contingency Inspection contingency Purchase and sale agreement Inspection 145

HomeLight

FEBRUARY 20, 2025

There can be any number of contingencies in your real estate contract, but here are some common ones (besides appraisal contingencies, which well discuss more below): Inspection contingency: A buyer requests a home inspection and may use the results to negotiate a better deal or walk away.

Inspection contingency 75

Inspection contingency Due diligence Home sale contingency Title search 75

HomeLight

JANUARY 19, 2024

The decision to waive the mortgage contingency, while potentially making your offer more appealing, carries a sloshing bucket of risks and considerations. But it can also tilt a sale in your favor. You can then make a strong offer on your next home with no home sale contingency.

Earnest money deposit 111

Earnest money deposit Purchase and sale agreement Mortgages Home sale contingency 111

HomeLight

SEPTEMBER 25, 2023

If you need assistance with a bridge loan or “buy before you sell” mortgage, HomeLight encourages you to reach out to your own advisor. Navigating the journey of selling your current home and stepping into a new one can feel like a daunting dance of timing and finance.

Loans 115

Loans Home sale contingency Mortgages Finance 115

HomeLight

JANUARY 31, 2024

Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. You can then make a strong offer on your next home with no home sale contingency. Learn More What does contingent mean? How long can a house be contingent?

Purchase and sale agreement 115

Purchase and sale agreement Inspection contingency Home sale contingency Inspection 115

Point2Homes

DECEMBER 8, 2020

A home listed as contingent means the seller has accepted an offer. However, before the sale can go to closing, certain contingencies must be met. These clauses are defined in the sales contract and often have to do with home inspections, mortgage approvals and appraisals.

Purchase and sale agreement 145

Purchase and sale agreement Backup offer Home sale contingency Short sale 145

HomeLight

NOVEMBER 29, 2021

For example, it’s not unheard-of for a buyer to have a home sale contingency in place when they already own a home and are looking to buy a new one. The terms would typically state that for them to buy the new home, they have to first sell the old one. However, a buyer can also be protected by contingencies.

Purchase and sale agreement 111

Purchase and sale agreement Home sale contingency Inspection contingency Earnest money deposit 111

HomeLight

DECEMBER 30, 2023

Contingencies while ‘under contract’ Here are some common types of contingencies in residential home sales: Financing contingency: A financing or mortgage contingency safeguards buyers who need to finalize a home loan.

Home sale contingency 119

Home sale contingency Purchase and sale agreement Inspection contingency Inspection 119

HomeLight

DECEMBER 7, 2023

Discover the Innovative Way to Buy Your Next Home Before Selling Your Current Home Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. You can then make a strong offer on your next home with no home sale contingency.

Equity 111

Equity Loans Home sale contingency Debt-to-income ratio 111

Realty Biz

NOVEMBER 11, 2020

Understanding how a home inspection works is essential for both buyers and sellers, given the importance of this real estate transaction phase. Home Sale Contingency. If the buyer still needs to sell their home before they can close on the new property, a home sale contingency can be put in place.

Backup offer 111

Backup offer Home sale contingency Sales Earnest money deposit 111

HomeLight

JULY 30, 2024

Start Making Offers Without Waiting to Sell Your Home Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. You can then make a strong offer on your next home with no home sale contingency. How does a hard money loan work?

Hard money loan 113

Hard money loan Finance Home sale contingency Loans 113

HomeLight

DECEMBER 13, 2023

Discover the Innovative Way to Buy Your Next Home Before Selling Your Current Home Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. You can then make a strong offer on your next home with no home sale contingency.

Equity 119

Equity Loans Debt-to-income ratio Home sale contingency 119

HomeLight

NOVEMBER 29, 2023

Discover the Innovative Way to Buy Your Next Home Before Selling Your Current Home Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. You can then make a strong offer on your next home with no home sale contingency.

Equity 110

Equity Loans Home sale contingency Debt-to-income ratio 110

HomeLight

DECEMBER 15, 2023

Discover the Innovative Way to Buy Your Next Home Before Selling Your Current Home Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. You can then make a strong offer on your next home with no home sale contingency.

Equity 111

Equity Loans Debt-to-income ratio Home sale contingency 111

HomeLight

SEPTEMBER 10, 2022

Kick-out clauses are often employed when the buyers have to sell their current home first, and the sellers want to continue marketing their home in the meantime. The second buyer might offer more money or place fewer conditions on the deal, making the seller believe the home sale would be more likely to make it to the closing table.

Purchase and sale agreement 111

Purchase and sale agreement Home sale contingency Sales Inspection contingency 111

HomeLight

DECEMBER 13, 2023

Discover the Innovative Way to Buy Your Next Home Before Selling Your Current Home Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. You can then make a strong offer on your next home with no home sale contingency.

Equity 116

Equity Loans Debt-to-income ratio Home sale contingency 116

Realty Biz

JULY 6, 2022

Far Fewer Cash Sales. The vast majority of buyers will go back to getting a mortgage and having a contingency for it. More Offers With Home Sale Contingencies. When real estate markets favor sellers, buyers don’t even attempt to get a home sale contingency clause.

Home sale contingency 138

Home sale contingency Marketing Inspection contingency Inspection 138

HomeLight

DECEMBER 14, 2023

Discover the Innovative Way to Buy Your Next Home Before Selling Your Current Home Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. You can then make a strong offer on your next home with no home sale contingency.

Equity 111

Equity Loans Debt-to-income ratio Home sale contingency 111

HomeLight

DECEMBER 29, 2023

Discover the Innovative Way to Buy Your Next Home Before Selling Your Current Home Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. You can then make a strong offer on your next home with no home sale contingency.

Equity 111

Equity Loans Debt-to-income ratio Home sale contingency 111

HomeLight

DECEMBER 15, 2023

Discover the Innovative Way to Buy Your Next Home Before Selling Your Current Home Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. You can then make a strong offer on your next home with no home sale contingency.

Equity 111

Equity Loans Debt-to-income ratio Home sale contingency 111

HomeLight

JULY 31, 2024

Hard money loans are best for those needing quick cash without the stringent credit checks of conventional mortgages. Start Making Offers Without Waiting to Sell Your Home Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home.

Finance 111

Finance Hard money loan Home sale contingency Loans 111

HomeLight

JUNE 30, 2024

Start Making Offers Without Waiting to Sell Your Home Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. You can then make a strong offer on your next home with no home sale contingency.

Hard money loan 112

Hard money loan Finance Debt-to-income ratio Home sale contingency 112

HomeLight

JULY 25, 2024

Start Making Offers Without Waiting to Sell Your Home Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. You can then make a strong offer on your next home with no home sale contingency.

Hard money loan 115

Hard money loan Home sale contingency Loans Investor 115

HomeLight

DECEMBER 7, 2023

Discover the Innovative Way to Buy Your Next Home Before Selling Your Current Home Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. You can then make a strong offer on your next home with no home sale contingency.

Equity 111

Equity Loans Debt-to-income ratio Home sale contingency 111

HomeLight

JULY 15, 2024

Start Making Offers Without Waiting to Sell Your Home Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. You can then make a strong offer on your next home with no home sale contingency.

Hard money loan 111

Hard money loan Loans Home sale contingency Equity 111

HomeLight

JUNE 30, 2024

Hard money loans are a practical alternative to traditional mortgages, suitable for those with short project timelines, limited initial capital, or weaker credit scores. You can then make a strong offer on your next home with no home sale contingency. HomeLight always encourages you to consult your own advisor.

Hard money loan 111

Hard money loan Home sale contingency Finance Loans 111

HomeLight

AUGUST 27, 2024

Unlike conventional mortgages, these loans offer more flexibility and faster funding, which can be particularly helpful in Albany, where timing is everything. Understanding hard money loans is essential if you’re considering investing in property in Albany or tackling a home renovation project.

Hard money loan 111

Hard money loan Investor Home sale contingency Loans 111

HomeLight

JULY 18, 2024

Start Making Offers Without Waiting to Sell Your Home Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. You can then make a strong offer on your next home with no home sale contingency.

Hard money loan 111

Hard money loan Home sale contingency Loans Lending 111

HomeLight

DECEMBER 8, 2023

Discover the Innovative Way to Buy Your Next Home Before Selling Your Current Home Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. You can then make a strong offer on your next home with no home sale contingency.

Equity 111

Equity Loans Debt-to-income ratio Home sale contingency 111

HomeLight

DECEMBER 5, 2023

Discover the Innovative Way to Buy Your Next Home Before Selling Your Current Home Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. You can then make a strong offer on your next home with no home sale contingency.

Equity 111

Equity Loans Debt-to-income ratio Home sale contingency 111

HomeLight

SEPTEMBER 5, 2024

Start Making Offers Without Waiting to Sell Your Home Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. You can then make a strong offer on your next home with no home sale contingency.

Hard money loan 111

Hard money loan Home sale contingency Loans Investor 111

HomeLight

NOVEMBER 15, 2023

Discover the Innovative Way to Buy Your Next Home Before Selling Your Current Home Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. You can then make a strong offer on your next home with no home sale contingency.

Equity 111

Equity Loans Debt-to-income ratio Home sale contingency 111

HomeLight

SEPTEMBER 27, 2023

Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. You can then make a strong offer on your next home with no home sale contingency. A bridge loan is typically more expensive than a traditional mortgage.

Equity 110

Equity Loans Debt-to-income ratio Home sale contingency 110

HomeLight

NOVEMBER 30, 2023

Discover the Innovative Way to Buy Your Next Home Before Selling Your Current Home Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. You can then make a strong offer on your next home with no home sale contingency.

Equity 111

Equity Loans Debt-to-income ratio Home sale contingency 111

HomeLight

NOVEMBER 29, 2023

Discover the Innovative Way to Buy Your Next Home Before Selling Your Current Home Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. You can then make a strong offer on your next home with no home sale contingency.

Equity 110

Equity Loans Debt-to-income ratio Home sale contingency 110

Realty Biz

APRIL 20, 2022

Mortgage Financing Clause. Most home buyers do not have the finances available to buy without a mortgage. So financing is one of the common contingencies in an offer. Before you apply for a mortgage, you’ll need to do some research with lenders to find out what interest rate will be available to you.

Purchase and sale agreement 104

Purchase and sale agreement Home sale contingency Earnest money deposit Inspection contingency 104

HomeLight

MAY 8, 2024

Start Making Offers Without Waiting to Sell Your Home Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. You can then make a strong offer on your next home with no home sale contingency. See cost section below.)

Hard money loan 111

Hard money loan Loans Home sale contingency Finance 111