Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax expert. She has been in the accounting, audit, and tax profession for more than 13 years, working with individuals and a ...
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If you’ve ever bought or sold real estate, you’ve probably heard of contingencies. In the most basic terms, a contingency is a specific requirement that must be met in order to make a real estate ...
A: As spring progresses, the real estate market continues to be very competitive. Buyers are doing all sorts of things to acquire houses beyond writing the heartfelt “pick me” letter. In some cases, ...
In real estate, a "contingency" refers to a condition of the Agreement of Sale that needs to occur in order for the transaction to keep moving forward. As the buyer, there are many contingencies that ...
Manhattan buyers, concerned about the difficulty of obtaining a loan in the wake of the subprime mortgage crisis, are more reluctant to purchase apartments without a mortgage contingency clause in ...
Real estate markets across the U.S. have been plagued with unusually low inventory, spurring fierce competition among buyers. January—ordinarily a slower month for real estate transactions—was the ...
It is common practice when purchasing a single-family home to include a physical-inspection contingency in the purchase agreement. A contingency is a condition of the purchase. The physical-inspection ...
If a home is seeing a lot of activity in terms of showings, agent James Moyer advises sellers to wait for an offer that doesn't contain any contingencies. If a house isn't seeing much activity, Moyer ...
Q We bought a house four months ago. Because there was a lot of interest in the property, our real estate agent advised us not to include a contingency for a home inspection in our offer. The agent ...
QUESTION:We have been looking for a new home since the spring. There have been at least a half a dozen properties that we liked and made a bid on. Each one has had multiple bids and our offer was not ...
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