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11 kwi 2024 · Contingencies are optional clauses in a real estate contract that state something must happen before closing — essentially, deal breakers. If the contingency isn't met, the buyer can walk away with their deposit.
- Purchase Agreements
Low Commission Real Estate Agents; What if I am not working...
- What Is a Home Appraisal and Do I Really Need One
In real estate, a house appraisal is almost always required....
- Can a Seller Back Out of an Accepted Offer on a House
We recommend consulting with your real estate agent and/or a...
- What Is a Kick-Out Clause
It means the seller has accepted an offer with contingencies...
- How Much Do Home Inspections Really Cost
Ideally, your real estate agent will know of a reliable home...
- Credit Score
Anything below 550 is considered bad credit. If you don’t...
- Contingent Vs. Pending
Otherwise, a good real estate agent can talk to the seller's...
- Seller Financing
Real estate investors often use seller financing when...
- Purchase Agreements
20 mar 2023 · When searching for a home or applying for a mortgage, you may hear your real estate agent or lender use any of the terms or acronyms below. Keep this guide handy — you'll be fluent in the language of home buying before you know it.
30 cze 2020 · Presley Attardo Contributing Author. In real estate, an offer typically doesn’t constitute a done deal. As a seller you want to know: how often do contingent offers fall through, and what are your odds of actually closing? As you measure your risk, here’s what you should know.
6 mar 2023 · In a fast-paced, competitive market, having an escalation clause as part of your offer on a house can benefit the homebuyer and seller alike. But it does come with some downsides, so it’s...
17 kwi 2022 · A contingent offer is when a buyer makes an offer to purchase a home, but reserves the right to back out of the deal, with their full earnest money deposit, if the conditions of the contingency clause are not met.
6 gru 2016 · As you're approaching the home stretch of your sale, you might encounter some pitfalls that could send your deal into the ditch — so it’s smart to know the most common reasons home sales fall through and how you might avoid them.
30 lip 2013 · Disclosing the existence of an accepted conditional offer will essentially mean that showings will stop or, at the very least, significantly slow down. Not disclosing a conditional offer means, at some level, showings would likely continue.