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 ...
A buyer can back out of a home purchase even after signing a contract if all agreed-upon contingencies are not met. Common reasons for buyers to back out include issues revealed during a home ...
Also called a "due diligence contingency," an inspection contingency allows the buyer to have a property they're interested in buying inspected by an expert within a certain time frame, generally five ...
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 ...
Buying a home or investing in real estate is a powerful way to build equity and long-term wealth. If you've ever considered buying a home, you've probably heard the term contingencies. And while ...
Most real estate purchase and sale contracts allow a buyer 10-15 days to conduct various inspections pertaining to the property. But the types of inspections and the post inspection rights of the ...
Throughout the home buying process, you face numerous decisions, including which contingencies to add to your home purchase contract. Contingencies are basically clauses or stipulations in a real ...
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