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What Buyers Need to Know About Making an Offer on Active Contingent Listings

HomeLight

Financing contingencies may also be called loan contingencies. Buyers can theoretically waive this type of contingency, but it’s ill-advised unless you happen to also have the cash in-hand to buy the house outright. Title contingencies. A title is the legal right to own a property.

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6 Ways to Find Probate Leads & Purchase Probate Properties

The Close

Search LinkedIn for someone with CPRES in their title, or US Probate Services has a directory of probate vendors like attorneys and real estate agents listed on their site. Typically, probate purchase agreements don’t include a loan contingency, so you must secure a loan in time to avoid losing your deposit.

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How to Sell Your House Without a Realtor: 14 Steps to Selling FSBO

HomeLight

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. Selling solo: You’ll work directly with the settlement rep (escrow officer or attorney) to: Clear any outstanding title liens.

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How to Sell a House ‘As Is’ in Ohio

HomeLight

Cash eliminates the lender-ordered appraisal as well as the time it takes to close on the buyer’s loan, creating a faster and clearer path to settlement. Some buyers may even make a cash offer with no loan contingency, but then may end up getting a mortgage. Only about five percent of Lynn’s offers are from cash buyers.

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