For Home Sellers:
My Unique Sellers Approach - Why home sellers in Waynesboro, Staunton and Charlottesville choose Kathleen Kellett. Free Presentation - Free in-home listings presentation on marketing your Waynesboro, Staunton and Charlottesville, in Augusta and Albemarle County Virginia property. Property Valuation - How much is your Waynesboro, Staunton and Charlottesville home worth? What Did That Home Sell For? - What did that Waynesboro, Staunton and Charlottesville, Virginia property or other real estate sell for? FSBO - Selling your Waynesboro, Staunton and Charlottesville real estate on your own? Go to Main Sitemap - Main sitemap sections include Find Waynesboro, Staunton and Charlottesville Homes, For Home Buyers, For Home Sellers, Waynesboro, Staunton and Charlottesville Information, Real Estate Resources, and About Kathleen Kellett.
Please Sign Up For The Latest Listings and the Latest Real Estate News
Real Estate Contracts >Contingency Contracts
Buyers walk into your home in your area and fall in love with it. There is one problem--they will have to sell their home before they can buy yours. Their offer contains a contingency clause which makes the purchase dependent upon selling their present home. Should you accept such an offer?
Your decision should be based on several factors. Is their home being professionally marketed at this time, or are they trying to sell it themselves (a risky proposition!)? How long has it been on the market? Is it overpriced? If the house doesn't sell, can the buyers take out a bridge loan or make other arrangements to get to the closing table? How important is timing for you? Will the buyers agree to let you continue marketing your home and accept a non-contingent contract (and void theirs) if their house does not sell? Contingent contracts often work out well, but you need the help of a professional to weigh the pros and cons.
|
 |
| Q |
What is considered the primary factor distinguishing buyers of prestigious properties from the average home buyer?
|
| A |
Financing doesn't worry these buyers; they often put down 40 percent or more or pay cash for a property |
 See More Real Estate Trivia > |
|
NUMBER1EXPERT®
© Best Image Marketing and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed.
|
- NUMBER1EXPERT™ 
