Definition of Bump and Bumpable - Redfin www.redfin.com › definition › bumpand-bumpable
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Jul 17, 2019 · A property is listed as “bumpable” or “BMP” in the MLS if the seller receives an offer from a buyer, but the buyer includes a contingency that ...
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A bumpable buyer is the same thing as a contingent sale. It means that the buyer owns a house that they must sell in order that they may use the proceeds of ...
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Sep 14, 2011 · If a buyer has to write an offer subject to the sale of another property and the offer is accepted, the buyer is considered “bumpable.
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Sep 27, 2018 · The home is now in bumpable status and not pending yet. Meaning another buyer could be moved to first position with taking the appropriate ...
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Summary: A bumpable buyer is the same thing as a contingent sale. It means ...
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May 13, 2022 · A real estate bump clause lets sellers enter into a contract with a potential buyer while reserving the right to continue marketing their ...
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Aug 16, 2012 · If you're buying a home in the Portland Metro Area, bumpable status means that the sellers have accepted a contingent offer. Most likely it's ...
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Jul 6, 2018 · A bump clause allows sellers to enter into a contract with a buyer but continue to market the property. If the seller then receives a better ...
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A house listed as “bumpable” means the seller has accepted an offer that is contingent upon the buyer meeting some condition, but the seller can accept a ...
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Aug 9, 2018 · The bump clause allows the seller to accept another offer, so long as the seller notifies the original buyers and sees if they will waive their ...
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“Bumpable” is a property listing status that is ... real estate agents and prospective buyers that a ...
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A house listed as "bumpable" means the seller has accepted an offer that is contingent upon the buyer meeting some condition, but the seller can accept a .
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This status means that the property is on the market until the seller learns that buyer has either waived or satisfied a contingency. Advantages of bump clauses ...
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Active is the status for any property for which you have a current and ... Accepted offers with bumpable buyers shall be only those listings with an ...
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