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 ...
Dear Monty: Our home just went up for sale 10 days ago. We have had two showings. We just received an offer for our asking price, which is acceptable. We are hesitating because the buyer has a home to ...
When you’re working in an online document, the “undo” function can be an invaluable tool. So can a contingency clause when you’re looking to buy or sell a home. Real estate contingencies provide a way ...
Dear Monty: We are looking to buy. We’ve lost out on five homes. We currently own a home with about $270,000 in equity. In making offers, we’ve included the home sale contingency. Sellers don’t like ...
In real estate transactions, the term “contingency” comes up a lot. Why do you hear it so often, and what does it mean? A contingency is a clause added to the contract to give the parties the option ...
When you’re shopping for a home, you might not be able to tell your chances of buying the home from the listing. That’s because properties have different listing statuses that are on a spectrum from ...
Most people aren’t prepared for the wild and sometimes-bumpy ride of negotiating counteroffers in real estate, even though the experience is remarkably common. Home sellers are free to make a ...
Buying a home is exciting, but you might be concerned about making an offer only to find out the home needs costly repairs and isn’t worth the price. It’s impossible to know a home’s true value until ...