Keyword Analysis & Research: financing contingency
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What is Financing Contingency? | Zillow
https://www.zillow.com/learn/financing-contingency/
WEBAug 5, 2015 · A financing contingency is a clause in a home purchase and sale agreement that expresses that your offer is contingent on being able to secure financing for the house. Typically a buyer uses this clause to establish a set period of time to apply for a mortgage and/or close on the loan.
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Mortgage Contingency: What is it & How Does it Work? | Chase
https://www.chase.com/personal/mortgage/education/financing-a-home/mortgage-contingency
WEBA mortgage contingency is a clause in many real estate agreements that dictates the offer is contingent — or dependent — on the prospective homebuyer being able to secure a mortgage. A mortgage contingency may also be referred to as a …
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Financing contingency: everything homebuyers need to know
https://www.moneyunder30.com/financing-contingency-for-homebuyers/
WEBSep 12, 2023 · A thorough financing contingency typically includes the following key points: Your mortgage type – Conventional, FHA, etc. A deadline – Typically within 30 or 60 days of the seller accepting your offer. An amount – How much money you’ll need for a mortgage since you’ll have to back out of the deal if you’re approved for less.
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How Does A Mortgage Contingency Work? | Rocket Mortgage
https://www.rocketmortgage.com/learn/mortgage-contingency
WEB5 days ago · A mortgage contingency – also known as a financing contingency or a loan contingency – is a clause that allows buyers to cancel the contract of the home purchase without penalty and receive a refund of their earnest money …
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Contingency Clauses in Home Purchase Contracts - Investopedia
https://www.investopedia.com/articles/personal-finance/102913/contingency-clauses-home-purchase-contracts.asp
WEBApr 6, 2023 · A financing contingency (or “mortgage contingency”) gives the buyer time to obtain a mortgage and the right to cancel if financing is denied. An inspection (or due diligence contingency)...
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Why you need financing contingency & how it works | finder.com
https://www.finder.com/mortgages/financing-contingency
WEBSep 21, 2021 · A financing contingency clause is a line in the contract that’s drawn up when you put a bid on a house. This clause makes the purchase conditional upon receiving financing — usually a home loan. It also tells you how to proceed with the seller if you aren’t approved for the loan you expected.
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How A Mortgage Contingency Works | Bankrate
https://www.bankrate.com/real-estate/mortgage-contingency-how-it-works/
WEBMar 1, 2023 · What is a mortgage contingency? In a real estate transaction, both sides can add contingencies to the purchase and sale agreement. These are clauses that let either side back out of a...
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What is a Financing Contingency? - RealFX.com
https://www.realfx.com/blog/what-is-a-financing-contingency/
WEBFeb 17, 2024 · In a real estate contract, the financing contingency is a provision that allows the buyer to terminate the contract if they fail to obtain mortgage approval and funding for the purchase price within a specified time. Not all home financing contingencies are created equal, however.
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What Is A Mortgage Contingency? – Forbes Advisor
https://www.forbes.com/advisor/mortgages/mortgage-contingency/
WEBFeb 28, 2023 · A mortgage contingency is a condition written into a real estate purchase contract that the buyer indicates must be met in order for them to close on...
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Contingent: What It Means In Real Estate | Rocket Mortgage
https://www.rocketmortgage.com/learn/contingent
WEBFeb 22, 2024 · Contingent means “depending on certain circumstances.” In real estate, when a house is listed as contingent, it means that an offer has been made and accepted, but before the deal is complete, some additional criteria must be met.
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