Buying a home or investing in real estate is a powerful way to build equity and long-term wealth. If you've ever considered buying a home, you've probably heard the term contingencies. And while ...
Manhattan buyers, concerned about the difficulty of obtaining a loan in the wake of the subprime mortgage crisis, are more reluctant to purchase apartments without a mortgage contingency clause in ...
Although a small number of contingent offers fall through, it still happens. These are some of the most common reasons deals don’t make it to the finish line. The buyer can go through financial ...
Reader question: Our home is currently on the market, and we are actively looking. It has been two weeks, and we have had three showings and no offers. Our agent seems to think that we are going to ...
Click to share on Facebook (Opens in new window) Click to email a link to a friend (Opens in new window) Click to print (Opens in new window) Click to share on X (Opens in new window) Dear Monty: We ...
It is common practice when purchasing a single-family home to include a physical-inspection contingency in the purchase agreement. A contingency is a condition of the purchase. The physical-inspection ...
Sellers don't like offers that are contingent upon the sale of the buyers' home. Buyers don't like to make offers on homes that are contingent upon the sellers' finding a replacement home. The reason ...
Dear Paula: My wife and I have been looking to purchase a home in the Vail Valley and have missed out on a couple of opportunities due to multiple offer situations. When we find a home we really love, ...
QWe are in the process of selling our rental property. A buyer signed a purchase contract, using the standard regional sales contract form. Several days later, we received an addendum stating that the ...