if the home you’re looking for is in high demand and the seller wants to close quickly, waiving the contingency may show them that you’re serious enough to let go of some leverage. This move is safest when there’s a low chance of the appraisal being much lower than the selling ...
Anappraisalcan help the bank ensure that they don't lend more than the house is worth. If the property is determined to be of lower value than the negotiated sale, the mortgage lender is not going to loan at the selling price. A low home appraisal could trigger a contingency clause, all...
Guide to Selling Your Home SolStock / Getty Images A loan contingency clause in a contract defines a condition that must be met or an action that must be taken before a sales agreement becomes binding. A home loan contingency clause commonly gives the buyer the right to have the home indepe...
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The seller might be willing to continue showing the property during this time, but if it's a house you're excited about, talk to your real estate agent. It matters what the contingency is for. If the sale has a contingency based on the buyers selling their current home, for example, ...
What is a seller contingency? by Mary Pope-Handy | Sep 25, 2011 | Buying Tips, Selling Tips A real estate contingency is a provision that something must be overcome or approved to consummate a transaction. In other words, it’s a condition, such as “I will buy this house IF (fill ...
If the buyer does have $1 million bucks cash to pay for your $1 million house, he'll go through the process of putting down the 3% deposit, go through an inspection, increase the deposit further by a certain amount in escrow, and then finally pay for the entire property when legal...
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However, brand perspectives are regularly overlooked when considering strategic management in the business and marketing literatures. This has resulted in significant gaps and a shortfall of knowledge about important contingent aspects of the relationship between International Strategic Brand Management (ISBM)...
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