A contingency clause in real estate specifies conditions that must be met for a contract's validity. Learn how these clauses protect buyers and sellers.
Common real estate wisdom says it's smart to get a inspection of a property before you buy it. Waiving a home inspection is unadvisable for most homebuyers. But more buyers are taking the risk. More ...
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 ...
Given a competitive market, did a significant amount of Buyers in Massachusetts waive the Home Inspection contingency as a tactic for their offer to be more favorable? Yes. This led Massachusetts ...
MILWAUKEE - It’s a gamble many home buyers took over the last year: waiving their home inspection contingency. In many cases, it was a necessary gamble to land a winning bid. However, with risk can ...
Dear Paula: My wife and I have been looking to purchase a home in the Vail Valley and have missed out on a couple of opportunities due to multiple offer situations. When we find a home we really love, ...
To compete in an overcrowded housing market, Eva PenzeyMoog and her husband made the tough decision to waive a house inspection. Their real estate agent told them it’s always the same song and dance: ...
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 ...
Buyers are no longer treating inspections as a box to tick on the way to closing. You are increasingly using that contingency as leverage, either to demand steep repair credits or to walk away ...