making an offer: Fewer Buyer Contingencies Bring Fewer Headaches
- 04/26/16 05:30 AM
In the Palm Springs California Desert where I represent buyers and sellers, contingencies can make or break the sale! When you make an offer on a property, there will be several contingencies written into the contract. Others may be added. What are they and how do they affect the deal? A contingency is a provision that says that certain conditions must be satisfied or certain things must happen for the sale or purchase of a property to proceed. In our area, ALL Contingencies must be removed within the first 17 days of an accepted offer. Loan contingencies must be removed within 21 days of the offer. When (0 comments)