contingency: What Are Contingencies In A Home Purchase Contract? - 02/13/19 05:02 PM

Contingeny:  a future event or circumstance which is possible but cannot be predicted with certainty
If you're working with an agent in the Cincinnati/Dayton Ohio area, we work with a common MLS approved contract.  It's developed by real estate attorneys and includes pages and pages of details that covers the normal process of buying a home.
And part of that normal process of buying for a home?  The provision for contingencies.
There are many things that SHOULD happen from first offer to sitting at the closing table and finalizing a home's purchase, but not everything happens as it should 100% of the time.
And considering … (3 comments)

contingency: FAQ: What Are Home Purchase Contract Contingencies? - 06/15/17 07:14 PM

If you're buying or selling a home in the Cincinnati Ohio area, chances are the purchase offer will be written on a Cincinnati Area Board of Realtors standard contract.   It's written originally by real estate attorneys and there are blank spots for your agent to fill in key terms such as:
Offer price
Closing dates
Time frames
Now contingencies in the purchase contract fall into two categories:
Those built into the contract are standard language and cover critical aspects such as financing, inspection, appraisal & HOA review.
It's also possible to write in additional contingencies, but they need to be carefully constructed to be very clear (and … (2 comments)

contingency: The HOA Document Review Contingency In Cincinnati Home Purchases - 01/22/15 09:42 AM
The HOA Document Review Contingency In Cincinnati Area Home Purchases
Love them or hate them, HOAs are a big part of our Warren County market.  As Drees, Fischer, M/I, John Henry and many, many other builders created subdivisions, they came with stipulations.
Some communities the rules are pretty stringent (some might even say draconian).  Here's the ONE mailbox you can use, and EXACT shade of paint for its post, and you BETTER ask before painting your front door.  And that portable firepit that you brought around from the backyard to the driveway for the evening but was too hot to move … (5 comments)

Liz and Bill Spear,  RE/MAX Elite Warren County OH (Cincinnati/Dayton) (RE/MAX Elite 513.520.5305 Ambassador large

Liz and Bill Spear

RE/MAX Elite Warren County OH (Cincinnati/Dayton)

Mason, OH

More about me…

RE/MAX Elite 513.520.5305

Address: 5720 Gateway Blvd, Suite 203, Mason, OH, 45040

Mobile: 513-520-5305

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REALTORS(R) serving Warren County Ohio and surrounding areas. Observing and reporting on real estate and related topics to help your quality of life! And if you're asking where is Warren County Ohio? We fill the space between Cincinnati and Dayton. Perfect for enjoying the bigger cities without living in them. Places like Mason, Lebanon, Springboro, Waynesville, Franklin and more. Plus lots of rural properties available too. We work with both residential home buyers and sellers.




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