contract contingencies: Franklin TN Home Buyers That's What Contingencies are For
- 06/17/12 05:28 PM
Franklin TN Home Buyers That's What Contingencies are For If you are preparing to buy or sell a Franklin TN home, then you need to understand contract contingencies prior to entering into a residential sales agreement. Contract contingencies are primarily in place to protect the rights of the buyer. They give buyers the opportunity to withdraw from a contract should the contingencies not be satisfied. For example, in the case of a financing contingency, if a buyer is unable to obtain a mortgage, he is entitled to a reimbursement of his earnest money and the contract is voidable. There are … (18 comments)
contract contingencies: Understanding Contract Contingencies
- 07/11/11 09:02 AM
Understanding Contract Contingencies If you are preparing to buy or sell a home, then you need to understand contract contingencies prior to entering into a residential sales agreement. Sellers should understand that most real estate contingencies are there to protect the rights of the buyers. Contingencies give buyers the opportunity to withdraw from a contract should the contingency not be satisfied. For example in the case of a financing contingency, if a buyer is unable to obtain a mortgage, he is entitled to a refund of his earnest money and the contract is voidable. There are often timelines by which the … (27 comments)
Franklin TN Homes Real Estate Blog by Tammie White is a Great Place For Real Estate Agents and Potential Buyers and Sellers to get to know more about Franklin TN Homes as well as other parts of Williamson County.
Franklin TN Home Buyers That's What Contingencies are For If you are preparing to buy or sell a Franklin TN home, then you need to understand contract contingencies prior to entering into a residential sales agreement. 
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