Real Estate Contingency Removal: What Lenders Need to Know to Help Their Borrowers Win
When a home purchase depends on selling another property first, the deal often stalls. For lenders, this is more than a small hiccup; it is a recurring obstacle that delays approvals, complicates underwriting, and frustrates borrowers. Real estate contingency removal has become one of the most effective ways to keep transactions moving, giving buyers a […]
Integrating Bridge Financing into Your Lending Products – A Playbook for Lenders
In a housing market where timing can make or break a deal, many borrowers face the challenge of needing funds for a new home before their current property has sold. Traditional mortgage products often fail to address this issue, leaving both buyers and lenders at a disadvantage. This is where bridge financing becomes valuable. Bridge […]
Contingent vs. Pending: What Every Agent Should Tell Their Buyers
Homebuyers are often surprised to learn that a property marked “contingent” is not the same as one marked “pending.” The two statuses appear similar in online listings, but they signify distinct stages of a transaction. Misunderstanding the difference between contingent vs pending can lead buyers to think a home is already off the market or, […]
Avoiding Contingency Pitfalls When Selling New Homes
Selling new homes should be about moving projects forward with speed and certainty. Yet too often, deals get tangled in contingencies that slow down timelines or even derail contracts altogether. A buyer who must sell an existing property before closing on a new one, or who needs financing approval that may fall through, creates risk […]