Remove Home sale contingency Remove Mortgages Remove Sales
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Calque launches another “Buy Before You Sell” program

Housing Wire

Fintech Calque rolled out an affordable version of its Buy Before You Sell program that enables homeowners to remove home sale contingencies and debt-to-income (DTI) constraints. A sale contingency in a real estate purchase contract makes the sale of a property dependent on the successful sale of the buyer’s current home.

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A kick-Out Clause Beats a Home Sale Contingency For Sellers

Realty Biz

Kick-Out Clause vs. Home Sale Contingency. When the real estate market favors sellers home sale contingencies almost become extinct. In hot markets there would never be a need for a seller to even considered a home sale clause. However, there is one alternative that will become more popular.

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What Is a Home Sale Contingency?

HomeLight

That means a large majority of homebuyers must consider the sale of their current home prior to buying a new one. After all, few people can afford to hold two mortgages. At the same time, it usually does not make sense for buyers to sell their home without having a new one lined up to move into.

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

HomeLight

For instance, getting preapproved for a mortgage is imperative in the 2022 tight market. 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?

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

Housing Wire

A majority of homeowners must sell their current home before they can qualify for a mortgage on their next home due to federal lending requirements around debt-to-income and down payments. When, and if, contingent offers are accepted, they can result in paying as much as 11% more for the home relative to a cash offer.

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It’s no longer a frenzy, but the Bergen County housing market is still hot

Housing Wire

Local agents attribute much of the lack of existing inventory to homeowners locked in at pandemic-era low mortgage rates , but Fontanella said this isn’t the only issue. But they also believe the recent slowdown indicates that the market is returning to normal seasonal trends. “I

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

HomeLight

Selling your current home while buying a new one can feel like a high-stakes balancing act. Timing the sale and purchase just right especially in a competitive market like Phoenix often adds extra pressure. You can then make a strong offer on your next home with no home sale contingency.

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