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Common real estate contingencies and what they mean
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 ...
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QWe are in the process of selling our rental property. A buyer signed a purchase contract, using the standard regional sales contract form. Several days later, we received an addendum stating that the ...
It’s possible to back out of an accepted home offer, but there could be consequences if you don’t plan ahead carefully. Building the right contingency clauses into the contract upfront makes it much ...
Making a contingent offer to buy a home protects your interests, but including too many stipulations makes it harder to win a bidding war. Some or all of the mortgage lenders featured on our site are ...
QWe recently entered into a contract to buy our first house. Our contract contained two contingencies: seven days in which to obtain a satisfactory inspection of the house; and 30 days to obtain ...
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 ...
Investors can make money with wholesale real estate contracts by acting as intermediaries between property sellers and buyers. The wholesaler identifies a property, negotiates a purchase price with ...
Guidance on common risk allocation mechanisms in commercial real estate contracts, such as purchase and sale agreements, leases, joint venture agreements, loan documents, and construction documents.
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