Invest, Save, or Spend: Put Your Home Sale Proceeds Toward a Better Financial Future
Invest, Save, or Spend: Put Your Home Sale Proceeds Toward a Bet…
Sep 28, 2018
homelight.com
🏡 What Is a Sale Contingency in Real Estate? A sale contingency means your deal depends on another home being sold first. ⭐ If You’re the Buyer: A sale contingency says: > “I want to buy your home, but only if my current home sells first.” This protects the buyer so they don’t get stuck owning two homes at once or being unable to close financially. There are two common types: 1. Home Sale Contingency Your current home is not yet under contract. You’re telling the seller you need time to list it
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FacebookThe Kerin Group
Got a home sale contingency? Here are some tips to raise your chances on getting that offer accepted! And more overall thoughts on dealing with these situations! Watch and Listen as Anthony explains! | Crush It In Real Estate
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Sale of Home Contingencies Explained in Plain English 🧠
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What Contingencies Protect Buyers? When you submit an offer on a home, contingencies are your built-in safety nets. Here are the most important ones: 🔍 Inspection Contingency – Allows you to negotiate repairs or walk away if major issues are discovered. 🏦 Financing Contingency – Protects you if your loan approval falls through. 📊 Appraisal Contingency – Ensures you’re not forced to pay more than the home’s appraised value. 🏠 Home Sale Contingency – Protects you if you need to sell your curre
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