Even though a home sale contingency helps bring peace of mind to the buyer, it doesn't avoid other costs of home buying. Buyers must still spend money on home inspections, bank fees, andappraisal fees. These expenses are not refunded if the deal falls through due to the property not sel...
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however are most likely minor and never play a role in the livability of a house. Home inspectors are looking for potential problems that over time could have an impact on the health of a house or its value. Notice I said could. But inspectors are ...
If you were here in Silicon Valley then, during the “dot com boom”, you remember a frenzy with the hot sellers market, of home buying with multiple offers, and prices rising rapidly. In some parts of the market, it’s back. One of the ugly parts of ...
The sellers selected an all-cash offer for $75,000 over the listed price! Our real estate agent called it the minute we walked in the front door. “This house is listed for a bidding war,” she told us. We wasted three days constructing an offer anyway. Home Buying Contingencies In a...
Contingencies are helpful because they are a form of security for both parties. Buyers can make sure the house has no underlying or outstanding issues, and the&seller can&rest assured&that the&desired sale terms will be fulfilled. If you are thinking of selling or buying real estate, here ...