"Bumping" someone is a real estate term in Central Ohio.
"The Bump" was a dance in the 1970's... in the era of disco... "The Hustle" and "The Funky Chicken" are a couple of other 70's Disco Dances...
I wanted to find a YouTube dance video to illustrate the dance "The Bump..." but the related videos on YouTube are downright scary...
In Central Ohio you as a buyer if you do not have a house to sell can "bump" a contract that is contingent on the sale of a home. Other parts of the country they use different terminology. I think someplaces they use the term "Kick Out Clause."
We bump, they kick.
If a property is in contract (another buyer has entered into a contract with the seller) there is nothing you can do to "bump" that contract, unless there is a contingency with an escape clause. If the present contract on the property is contingent on the sale of a home you may be able to "bump" the contract.
If you do not have a home to sell, you can "bump" the contract.
Bumping a contract makes me think of slang for killing someone gangster style... "bumping them off." You kill off the other buyers contract by submitting a non contingent offer.
No rhythm or dance moves required.
First Time Home Buyer Tax Credit
Central Ohio Round Table Closing
Search Central Ohio Homes - Maureen McCabe - 614-388-8249 - Real Living HER
*The 1970's disco dance, "The Bump" should not be confused with "bump and grind" which is a whole 'nother matter.
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Photo Credit: the photo of the disco ball is from Bruno Girin's photo stream
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