The Real Estate Briefings

Entries Tagged ‘contingencies’

Buying An Older Home Needs Consideration

As you search for a home to buy, or prepare your residence to sell, how much thought do you give to its energy efficiency? With fuel costs rising, and shortages already evident, it is time to take an active interest. Old houses are energy sieves except for the occasional (and expensive) newer home, almost all [...]

When Is A Good Time To Back Out Of A Real Estate Deal

With so many homes on the market today to choose from, it is very easy to find a home that fits your needs exactly. But, what if something has gone wrong during the buying stage and you are unsure about buying the home after all. Where do you stand and what are your options? It [...]

Should Home Buyers Insist On Special Contingencies?

When buying a home, there are several contingencies that come in contracts as standard. These include a home appraisal, a home inspection, and a title search. Home buyers can ask for a variety of contingencies above and beyond these, and it’s up to the seller to either agree or disagree. In most cases, the costs [...]

Don’t Let Your House Buyer Get Cold Feet

As a home seller, one of the most important parts of the sales process is agreeing to a price and getting that contract signed. Unfortunately, that contract is only as good as the conditions attached to it, and in today’s market, contingencies leave a lot of holes for buyers who get cold feet. The key [...]

When Buying A Home Time Is The Key To Success

When buying a home, you can take as long as you wish looking. However, once you have made your decision, you need to act with cautious haste. In other words, act quickly, act decisively, but always have that hint of caution hanging around. Why is time important? There are several time factors that a home [...]

Home Buying With A 72 Hour Kick Out Contingency

The housing market is considered to be a ‘buyers market’ at present and that generally means buyers get to dictate the shots. One contingency that is often found in a home buyers offer is the contract being executed once the contract has been signed. With home sales down, that could be months away from now. [...]

When Is A Home Sale Legally Under Contract?

When it comes to buying and selling homes, the one thing both the buyer and seller agree on is that they want the sale legally under contract as soon as possible. But then, at what stage is the house ‘legally under contract’? This is a question that is not as simple as it sounds. However, [...]

Beware The Special Conditions When Buying A Home

First time home buyers are often caught out by special conditions attached to the sale of a home. In almost every case, those special conditions are advertised with the home, yet buyers chose to overlook them or not take them into consideration when making their final decision. If the price of a home sounds low, [...]

Understanding Real Estate Appraisals

When is a sale not a sale? When it comes to homes, almost any time up until the keys change hands.  Finding a home and making an offer is only the first step to buying a home. If the seller accepts your offer, then you’re headed in the right direction. However, for both the buyer [...]

Don’t Let Home Buying Contingencies Lapse

A contingency is something that has to be done before another act can proceed. When buying a home, for instance, you have a home inspection contingency as a right – it’s also a form of protection for the buyer. The sales process cannot proceed until the home inspection has been done and the report acted [...]