Tag Archive: contingent

Appraisal contingencies: What are they & are they beneficial?

Once a home seller has accepted an offer to purchase their property, the end of the home selling journey may feel close.  However, the mortgage lender of the homebuyer may appraise the property for a lower amount than the purchase price. If this happens, it’s vital to examine the terms of ...

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The 4 Key Rules Every Contingency Contract Must Follow

When making an offer on a home, a buyer may add contingencies to their contract. There are many types of contingencies that apply to myriad situations and can protect the buyer from unexpected issues in the transaction. Sellers can also add their own contingencies either on their own or in ...

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