A short sale is when the home is sold for less money than what is owed on the mortgage. Typically short sales are initiated by the bank or mortgage company and can take months to complete. “Contingent – short sale” means that an offer has been accepted and is in the process of a ...
With lots of buyers competing for a limited number of homes, sellers are likely to get and choose offers without this condition. Other contingencies Other standard contingencies can include such things as a termite certification, a report showing clear title to the home and the definition of a ...
A seller isn’t likely to accept this contingency because their home sale depends on the sale of someone else’s home. What happens when the seller accepts a contingent offer? Once the seller accepts the contingency offer from the buyer, they can take their house off the market and hope ...
Importantly, the stock price might be lower than desired when a conversion is triggered. If the bank is having financial difficulty and needs capital, this is reflected in the value of its shares. As a result, CoCos can convert to equity while the stock’s price is declining. This puts in...
By definition, it means a future event or circumstance that is possible but cannot be predicted with certainty. In real estate, this clause defines a condition or action that must be met in order for a real estate contract to become binding (as aforementioned, with a home sale contingency in...
With lots of buyers competing for a limited number of homes, sellers are likely to get and choose offers without this condition. Other contingencies Other standard contingencies can include such things as a termite certification, a report showing clear title to the home and the definition of a ...
Thus, a critical question for the CFS policy remains: what CFS threshold should be set by an online retailer when demand surges in a short time during large-scale promotions? In this paper, we present a new CFS policy with delayed delivery (DD-CFS) for online retailers during large-scale ...