74% of home purchase contracts contain contingencies.

The 2019 Realtor Confidence Index Survey says 74% of home purchasing contracts contain contingencies, with the most common ones pertaining to home inspections, getting a acceptable appraisal, and obtaining a loan.

That means 26% of buyer home purchasing contracts do not contain any contingencies at all.

Sellers LOVE non-contingent offers.

That means that if the buyer backs out of the deal, for whatever reason, the buyer could lose their deposit to the seller (usually 3% of the purchase price).

Wouldn't you find a non-contingent offer appealing if you were selling your home?

Pending home sales are up 8%

California saw a 3.1% uptick in pending home sales in August, an increase of 8% from a year ago.

Economists say home sales are forecasted to rise in the coming months and into 2020.

I think their prediction will be correct!

What is a "recording"?

You officially become the owner of the home once recording takes place.

Recording, AKA having the title of the property put in the new buyer's name, can happen any time between 8am-6pm.

You are not allowed to have the keys to the property before recording has taken place (unless the owner has given permission).