Home sale contingencies are a common part of the home-buying and home-selling process. In fact, in May 2020, the National Association of Realtors found that 76% of offers had contingencies. Understanding what contingencies are out there—whether you’re a seller or a buyer—will help your real estate experience run smoothly. What are Home Sale Contingencies? Contingencies…
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Buying a house is a significant milestone in many people’s lives. The process can be daunting, especially for first-timers. Here’s your comprehensive guide to buying a house in 2024, designed to help you make informed decisions every step of the way. Buying a House in 2024: A Step-by-Step Guide STEP 1 – Save for Your…
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Navigating the real estate market can be complex, especially when it comes to understanding the various statuses a property may hold throughout a transaction. These statuses in Florida – Coming Soon, Active, Contingent, Pending, and Expired – are not just labels; they represent different stages in the life cycle of a real estate deal. Here,…
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In the world of real estate, the term “pending” often pops up, leaving many prospective buyers and sellers curious about its exact meaning. When a home is listed as pending, it signifies that an offer has been made and accepted, but the sale is not yet final. Importantly, this stage indicates that there are no…
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When navigating the world of real estate, one might come across the term “kick-out contingency”. This lesser-known, yet crucial provision can be a game-changer for both buyers and sellers. In this article, we’ll dive into the mechanics of the kick-out contingency, its advantages, and potential drawbacks. What is a Kick Out Clause? A kick-out clause…
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The world of real estate is full of myths that can cloud the judgment of both buyers and sellers. These misconceptions often lead to poor decisions with potentially costly consequences. In this article, we’re here to set the record straight by debunking 10 of the most pervasive real estate market myths. Myth 1: Spring is…
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You can sell or buy a home in Florida without a realtor. However, just because you’re allowed to doesn’t mean it’s the best idea. Whether you’re planning to buy or sell, having a qualified realtor on your side to guide you and represent your interests is always a good idea. Below, we’ll explore the top…
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Buying a home with cash isn’t just possible—it’s something one in four homebuyers achieved in May 2023. Before joining in and purchasing a home without financing, stop and take some time to think it through. 7 Things to Think About Before Buying a Home with Cash 1. All-Cash Offers Will Make Your Offer Stand Out…
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Real estate contingencies make the sale conditional. In other words, the buyer will only buy the home if certain conditions are met. The appraisal contingency in Florida is a common contingency that impacts whether or not a sale goes through. Below, we’ll explore the appraisal contingency in-depth, including when to use it, when not to,…
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Ready to move, but only if you can sell your home first? You aren’t alone. According to the National Association of Realtors (NAR), more than half of home buyers in 2022 previously owned a home. Many choose to buy and sell at the same time. While it may require some extra effort, you can make…
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