Inspection contingency Land Short sale 
HomeLight
NOVEMBER 8, 2024
You’re browsing home listings, and your eyes land on a beautiful house in your price range. We’ll also share tips on how you can make a strong, non-contingent offer so you’re not stuck in the pending zone. A home is marked as pending once an offer is accepted and both parties have agreed to the sale’s terms.
HomeLight
MAY 17, 2022
A short sale is a type of preforeclosure; when a homeowner stops making payments on their mortgage and owes more on the home than the house is worth in the current market, then they will need to sell the house for less than they owe, and the lender will be “short” on the amount of money they accept in the sale (hence the name).
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HomeLight
JULY 31, 2020
If all else fails and the repairs are too significant, it’s important to have an inspection contingency in the contract that allows the buyer to cancel the deal after evaluating the inspection report without losing their earnest money deposit. Short sale. Problems with the title. How it can delay closing.
HomeLight
JULY 31, 2021
When looking for properties to buy, he focuses on single- and multi-family homes rather than vacant land or mobile homes because they allow for “value-add.”. In addition, these properties allow for multiple exit strategies for investors, including flips, short- or long-term rentals, or wholesales.”. “A Inspection period.
HomeLight
OCTOBER 29, 2020
Contingencies can range from the relatively minor or otherwise workable — like requesting a $3,000 allowance to fix a plumbing issue that was revealed during inspection — to more serious stipulations, such as a buyer needing to sell their existing house before closing on the next. Negotiable contingencies. Home inspections.
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