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Dec 5, 2023 · Borrowers saw their equity slip by 1.7% in Q2 2023 compared to the year before with an average decline of $8,700 between Q1 and Q2, according to a recent CoreLogic report. Nonetheless, home equity ...
- Robin Rothstein
When a property is marked as contingent, an offer has been accepted by the seller. Contingent deals are still active listings because they are liable to fall out of contract if requested provisions are not met. If all goes well, contingent deals will advance to a pending state. What does pending mean in real estate?
Jan 23, 2024 · If some car owners ignore the advice to spend no more than 10% of their income on car-related expenses, that could mean less money available for their housing options. However, it could also mean a return to urban areas with robust public transit systems and ride sharing options in which car ownership is no longer necessary.
Mar 8, 2023 · The short answer: If a home you love is pending sale, don’t give up hope. You could still be the golden buyer. What does “pending” mean in real estate? A pending sale status means...
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Apr 11, 2024 · What Does Contingent Mean in Real Estate? When a house is marked as contingent, it means the seller has received an offer but an issue — the contingency — needs to be resolved before the deal closes.
- According to a recent survey, 6% of recently terminated home contracts were due to contingencies not being met. Learn more about how often continge...
- A real estate contingency is a clause in the sales contract that says a condition must be met within a specific time period. If not, the buyer can...
- Pending means contingencies in the sales contract have been met. All that's left is the closing and signing of the contract by both parties. But ev...
Mar 1, 2024 · When interest rates go up in the real estate world, so do monthly payments and the total amount of interest you’ll pay on a mortgage. How much? Here’s an example. Let’s say we have two couples who each bought $350,000 houses with 20% down and 15-year fixed-rate mortgages. Couple #1, Jim and Donna, bought their house in January 2022 when ...
May 20, 2022 · The odds of a home price correction just spiked—this interactive chart shows if your local housing market is at risk. Lance Lambert. Fri, May 20, 2022, 5:00 AM 4 min read. There's no way around...
