HomeLight

JANUARY 13, 2022

If a contingency isn’t met, then buyers can back out of a deal without any repercussions and they can get their earnest money back. Common contingencies include issues with appraisals, home inspections, or the buyer’s home sale. How is an active contingent listing different from a pending listing? Appraisal contingencies.

Backup offer 97

Backup offer Inspection contingency Purchase and sale agreement Home sale contingency 97

HomeLight

NOVEMBER 29, 2021

When reviewing an incoming offer, you’ll take into consideration the overall offer terms, such as: the buyer’s ability to qualify for a home loan. inspection and loan contingency time frames. Schedule inspection appointments with the buyer. Renegotiate with the buyer’s agent based on inspection findings.

Purchase and sale agreement 98

Purchase and sale agreement MLS Inspection Agents 98

HomeLight

AUGUST 23, 2022

Consider a pre-listing inspection. A pre-listing home inspection is the same as a standard home inspection except that the seller pays for it before listing their home on the market. Some buyers may even make a cash offer with no loan contingency, but then may end up getting a mortgage.

As-is 111

As-is Investor Closing costs Inspection 111