Home sale contingency Mortgages Sales 
Housing Wire
AUGUST 27, 2024
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.
Realty Biz
JULY 17, 2022
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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HomeLight
MARCH 20, 2023
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.
HomeLight
MARCH 31, 2022
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?
Housing Wire
FEBRUARY 14, 2024
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.
Housing Wire
SEPTEMBER 30, 2024
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
Realty Biz
NOVEMBER 11, 2020
When you begin an online search for a home, you may find some sale statuses you don’t fully understand. It is fairly obvious what is meant when homes have a status of “for sale” or “sold,” but some statuses may not be as clear. For example, if a home sale is contingent or pending, can you still make an offer?
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