Inspection contingency Loans Rent back 
Keeping Current Matters
JUNE 21, 2021
That’s why you should connect with a lender to get pre-approved for a loan early in the homebuying process. An agent can help you consider what levers you can pull that might be enticing to a seller, like: Offering flexible rent-back options to give the seller more time to move out. Know Your Numbers. Brace for a Fast Pace.
Realtor.com
OCTOBER 29, 2020
These are the most common contingencies that are part of your new home closing process: Home inspection contingency: This gives buyers the right to have the home professionally inspected. If something is wrong, you can request that it be fixed—or you can back out of the sale. Clear the title.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Redfin
JULY 28, 2020
markets waived the inspection contingency, compared with just 13.2% Winning offers waived the appraisal contingency at a similar rate—20.6%—up The inspection contingency allows the buyer to cancel a purchase or request repairs if they find an issue during the inspection period. In June, 19.9% up from 17.4%
HomeLight
JUNE 30, 2021
There are lots of other kinds of contingencies — inspection contingencies, appraisal contingencies — but the sales contingency can be especially tricky. In a hot market, sellers might be seeing offers without any contingencies, which makes a sales contingency a tough sell. Ask for a rent-back clause.
HomeLight
MARCH 31, 2022
Financing contingency: Even if you are preapproved for a mortgage loan, you may run into a problem getting a loan approved for a specific property. Or you could run into issues because something major changes with your finances during the loan approval process, such as losing your job or needing to take on a car loan.
HomeLight
FEBRUARY 28, 2022
If so, you’ll want to decide what kind of contingency you plan to include with the listing. You could try to find a buyer who will allow you to do a rent-back on the property, but if that isn’t available, you may need to move into a temporary rental property. Consider a bridge loan. Be flexible with contingencies.
HomeLight
MARCH 2, 2023
With tips on everything from how to save for your down payment, specific loan programs for buyers, and what you should look for in an agent, we’ve got you covered. Typically, the higher your credit score, the lower your interest rate will be, which saves you money over the life of the loan. Loans are between 3%-3.5%
Expert insights. Personalized for you.
326 
Let's personalize your content