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Contingencies in Real Estate: Inspection, Financing, Title, Appraisal

Posted February 3, 2020 by Robert Linker
Real Estate Contingencies

Typical contingencies include home inspection, financing, clear title, appraisal, and often home sale.

These are important to protect buyers and make sure that properties are safe and free from major problems.

Contingencies are important because they protect your interests.

 

What Does Contingent Mean in Real Estate? Pending, Sold, Reasons

Posted January 29, 2020 by Robert Linker

Common contingencies in real estate contracts include title, inspection and title clauses.

House sale contingencies are also common and can be complicated.

However, you should not be worried about an otherwise good contract with a house sale clause.

Read more about contingencies.

 

When a Buyer or Seller Should Back Out of a Real Estate Deal

Posted July 3, 2019 by Robert Linker
Back-Out-Real-Estate

Rea estate contracts have clauses that allow both buyers and sellers to back out for good reasons.

Cancelling after the offer is accepted but while the attorneys are still reviewing is acceptable. Other reasons to back out are home inspection issues and the property not appraising for the sale price.

Learn more about backing out of a real estate deal.

 

Do You Know What is Included in Real Estate Closing Costs?

Posted July 3, 2019 by Robert Linker
Whats-Included-Closing-Costs

Payments you must make when you close include recurring fees, like insurance, taxes, and interest on your loan.

They also include non-recurring payments, such as property, mortgage and transaction fees.

Learn how to calculate your mortgage costs, property taxes and realtor commissions.

Read more about closing costs.

 
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