Found 2 blog entries tagged as Auburn home selling tips.

You’ve listed your home, and the first offer comes in—but there’s a catch. It’s a contingent offer, meaning the buyer has conditions that must be met before closing.
If you’re selling a home in Auburn or Opelika, you may wonder whether accepting a contingent offer is a smart move. The answer: it depends on your situation.

Let’s break down what contingent offers are, the pros and cons, and how to decide if one is right for you.

What Is a Contingent Offer?

A contingent offer means the buyer wants to purchase your home, but certain conditions must be met first. Common contingencies include:

  • Home Sale Contingency: Buyer must sell their current home before closing on yours.

  • Financing Contingency: Buyer must secure final mortgage…

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You’ve accepted an offer on your home—congrats! ???? But what comes next? While this is an exciting milestone, there are still several steps before the sale is final.

As a real estate expert in Auburn and Opelika, I walk sellers through this process all the time. Knowing what to expect can reduce stress and help you close smoothly. Let’s break down the key steps after you accept an offer on your home.

1. The Earnest Money Deposit is Collected

Once you accept an offer, the buyer submits an earnest money deposit  to show they are serious about the transaction. This money is held in an escrow account until closing.

Tip: If the buyer backs out for a reason not covered in the contract, you may get to keep the earnest money as compensation.

2.…

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