contingencies: Contingency Contracts and Kick-Out Clauses... - 09/16/07 03:11 PM
If you own a home and want to buy a new home but don't yet have your first house sold, you have the option of putting a contingency offer on the home you are trying to buy. This means that the home you are trying to buy can be held while you try to get your current home sold.
Contingency contracts usually only hold the house for a limited amount of time though, and in some cases, you might get bumped if another buyer shows up with a more substantial offer. Meaning no contingency, more cash or better credit. Although this is an option, it should be … (0 comments)

 

Christy Schleicher

Precious Memories - Dallas TX

Frisco, TX

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