🏡 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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🏡 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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What is a contingency? A contingency in real estate is basically a built-in protection for buyers (and sometimes sellers). Think of it as a condition that must be met before the sale can officially move forward. Here are the most common ones you’ll see👇 ✅ Inspection Contingency – Lets the buyer inspect the home and negotiate repairs or walk away if major issues pop up. ✅ Appraisal Contingency – Protects the buyer if the home doesn’t appraise for the purchase price. ✅ Financing/Mortgage Continge
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What is a contingency? A contingency in real estate is basically a built-in protection for buyers (and sometimes sellers). Think of it as a condition that must be met before the sale can officially move forward. Here are the most common ones you’ll see👇 ✅ Inspection Contingency – Lets the buyer inspect the home and negotiate repairs or walk away if major issues pop up. ✅ Appraisal Contingency – Protects the buyer if the home doesn’t appraise for the purchase price. ✅ Financing/Mortgage Continge
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Tyler Houser on Instagram: "✅ Home sale contingency? Do you have a home sale contingency holding you back from getting an offer accepted on a new home? Or, would you prefer the ease and convenience of buying your new home first before selling your existing home? The Houser Mortgage Team specializes in creative financing solutions to help you achieve your goals and remove your home sale contingency! How do we do it? 1.) Recast method 2.) Bridge loan 3.) Trade-in-mortgage Tyler Houser NMLS 939962
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No, buying a home with a home sale contingency won’t scare off sellers from accepting your offer as long as your offer is infused with the right strategy 📝 This is why having experienced guidance makes *all* the difference. I help my clients curate their offers to match the seller’s desires, without my clients having to sacrifice any of their own desires. This is how we make that home sale contingency blend right in ✨ If you’re looking to buy or sell in South Jersey, PA, or the Jersey Shore any
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