🏡 Word of the Week: Non-Contingent Offer A non-contingent offer means the buyer’s offer isn’t dependent on any conditions — like financing, appraisal, or selling another home. 💡 In a competitive market, this type of offer can make you stand out by showing serious commitment and financial confidence — but remember, it also carries more risk if things don’t go as planned. Would you make a non-contingent offer? 👇 #RaveisWOTW #WilliamRaveis #WordOfTheWeek #RealEstateTips #HomeBuying #RealEstateEd
🏡 Word of the Week: Non-Contingent Offer A non-contingent offer mean…
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What is the difference between a “contingent” and a “non-contingent” offer on a home? Simply put - a “contingent” offer means your offer to purchase a home also requires that you sell your current home first (or closings are both on the same day). Offers like this can be more difficult to get accepted by the seller in a seller’s market (like the one we have been in over 5 years now). A “non contingent” offer means you can buy your next home without having to sell your current home first. These o
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Contingent vs. Non-Contingent Offers — What’s the big deal? When you’re selling your home and reviewing offers, a non-contingent offer (especially a cash one 💵) often wins out. Why? It’s ready to go—no waiting on another home to sell, no "what ifs." 🎯 If you can sell your home non-contingent, do it! It can give you a serious edge in today’s market. 📲 Have questions or need help navigating the process? Reach out! Want to keep learning tips and tricks to buying and selling? Click the link below
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