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.

Question: My daughter is buying her first house. The professional home inspection revealed a leaky roof and that the garage should be either torn down or rebuilt. How does she get a repair credit for ...

If your home is listed for sale, or if you think you might sell it someday, it pays to anticipate the three favorite home buyer ”escape clauses” and know how to handle them. Without this knowledge, ...

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 ...

Home sellers and their real estate agents know we are in a buyer`s market, which means there are more sellers than buyers, so sellers can`t be too fussy. However, smart home sellers shouldn`t allow ...

When I bought my first residence more than 30 years ago, theprinted purchase contract (the realty agent called it an “agreement”) wasonly one page. Today, it is not unusual for printed home ...

In real estate transactions, the term “contingency” comes up a lot. Why do you hear it so often, and what does it mean? A contingency is a clause added to the contract to give the parties the option ...