Sentences with phrase «accept an offer contingent»

Occasionally, a seller might accept an offer contingent on the buyer selling his current home.

No, Fannie Mae will not accept offers contingent on the sale of your current home.

As an example, if you were to bring your own home to the market, offering it for sale — would you feel compelled to «help the buyer» understand what you have stated above, or accept an offer contingent upon YOUR having done an efficiency report?

Not exact matches

1) Do not blindly accept the highest offer if it is contingent on the buyer getting a loan.

In fact, sellers can consider other offers even after they've accepted a contingent offer.

Once a candidate accepts the offer (contingent on mentor match), they will be matched with a mentor teacher and encouraged to connect with current residents.

The bid is not contingent on financing, as MFC has enough cash to finance the entire deal several times over, but is contingent on at least 2/3 of Compton shareholders accepting the offer.

We will receive a fee for our services upon delivery of this opinion, which is not contingent upon the Offer being accepted or rejected by the Company.

It means an offer on a home has been made and the seller has accepted it, but the finalized sale is contingent upon certain criteria that have to be met.

We offer free consultations, and we accept nearly all of our cases on a contingent fee basis.

There is also no obligation to accept a contingent offer.

Like I mentioned in the call, if the bank will not accept the POF letter when making a cash offer, you can still make the offer with the letter from Tailwind but make it contingent on financing.

An agent would call for a copy of the report to be part of an Agreement of Purchase and Sale, but it would seem that the offer would need to be contingent upon review of the efficiency report (by a professional who specifically understands such) within a specific time frame, and apparently the buyer would be advised to adjust his accepted - by - the - Seller price point, based on the findings.

Coldwell Banker Village Green Realty v. Pillsworth (32 A.D. 3rd 568 [3rd Dept.]-RRB-- Order of the Supreme Court granting broker's motion for summary judgment affirmed; in the absence of an agreement to the contrary, the broker's right to a commission is not contingent upon performance of the underlying real estate contract, receipt by the seller of the sale price, transfer of title, or even a formal execution of a legally enforceable sales contract; seller could not utilize the provisions of a subsequently executed sales contract wherein seller agreed to pay broker's commission «if and when title closes» as a bootstrap to avoid her obligation to the broker under the clear and unambiguous provisions of the listing agreement as such language was contained in the contract of sale prepared by counsel and to which broker was not a party; provisions in listing agreement that seller would accept a binder or purchase contract contingent upon purchaser's ability to obtain conventional financing and provided any other contingencies in the binder or purchase agreement are acceptable to the seller speak only to the type of purchase offer that seller was obligated to accept and does not alter or otherwise qualify broker's right to a commission

However, using July 2016 MLS data, I looked at the average number of days it took residential properties to go from Active to Contingent (offer was accepted) in Franklin County, then sorted by zip code to come up with my -LSB-...]

Steven G. Walther, Inc. v. Taranto (16 A.D. 3d 1076) buyers procured by broker remained ready willing and able to complete the purchase pursuant to the terms of the purchase contract thereby entitling broker to its commission where purchase and sale contract addendum made the offer contingent upon the sale of buyer's existing residence; pursuant to the addendum, seller received another purchase offer, he was entitled, upon notice to the buyers, to accept the offer and cancel the contract with the buyers unless they removed the sale and transfer of title contingency within three days after receiving such notice; buyers could remove the contingency by demonstrating in writing that they had accepted a mortgage loan commitment which does not require the sale and transfer of title of their property as a condition of the mortgage loan funding; buyer complied with such requirement, even though mortgage loan commitment was subject to additional conditions not prohibited by the contract; judgment for broker.

Tip: «If we have a buyer in escrow on his house, I would take a hard look at how solid that deal was,» said Wood, adding, «Not too many contingent offers are being accepted in this market.

These national websites have no mechanism by which to remove those contingent properties, so many times you're looking at properties that already have accepted offers.

Phase II (contingent on Phase I passing): After the condo board agreed on an offer and shared it with the owners, 75 % + unit owners had to agree to accept the offer.

If another offer is submitted, Standard of Practice 1 - 7 requires that you advise the seller to seek legal advice unless the offer is contingent on the termination of the accepted offer.