If there is a contingent house or pending house that you simply can’t miss out on, it doesn’t hurt to write a personal plea to the current homeowners. Regardless of the posted status or what the listing agent says, it’s not always possible to know the dynamics of a home sale. If...
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, themortgage lenderis not going to loan at the selling price. A low home appraisal could trigger a contingency clause, allowin...
6 Holiday Front Porch Decor Ideas Spruce up your outdoor space this holiday season with these easy decorating tips. Liz Brumer-SmithDec. 12, 2024 Is Rent Due After a Natural Disaster? Learn tenant and landlord responsibilities after a catastrophe and the legal steps you need to ...
Can You Still Make an Offer on a Contingent House? The contingent sale phase typically allows other potential buyers to make offers. The reason for this is that the sale is still considered active. There is still a possibility of the current buyer backing out of the deal or other things go...
MORE: How a mortgage nerd bought a house in a seller’s market Sellers are bound once the sale is pending Once all contingencies are settled (or if there are no contingencies in the first place), the home sale is pending. The seller can't back out of the sale, unless the buyer fails...
Skipping the 12-month lease agreement has perks, but be prepared to pay more for the extra flexibility.
Social impact bonds, also known as Pay for Success Bonds or social benefit bonds, are a specific type of instrument that acts as a contract with the public sector or local government. Repayment and return on investment are contingent upon the achievement of certain social outcomes and achievements...
When selling a home, you are often forced to deal with scenarios that are less than ideal. One such scenario is a purchase offer that is contingent on the sale of the buyer’s home. Should you accept such an offer? Are there any options that could make such an offer more appealing –...
Certificate of occupancy:If you are buying a newly constructed house, you need this legal document to move in. Ask for a copy of the title policy and survey, as well. Purchase agreement:This is a binding contract that spells out the terms of a real estate transaction. Signing it finalizes...
As an aside, the age of the annuitant(s) is a key factor in determining the monthly income you receive. A younger buyer would receive less income than an older buyer given the same premium paid. That's because the total number of payments received is contingent on the annuitant's life ...