"If I'm representing a seller and I have a contract for them that has additional contingencies that are written into it, it's not...
For example, a home buyer who includes an to their deal deserves to inspect the home, including systems that service...
For instance, there might be a clause mentioning: "This agreement rests upon Purchaser successfully getting a home loan at an interest rate of 6...
These enable the buyer to demand brand-new terms or repair work must the inspection discover certain problems with the property and to...
For instance, there might be a provision mentioning: "This agreement is contingent upon Buyer successfully obtaining a mortgage at an interest rate of 6...
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On a side note, it is VERY bad practice for the Purchaser to request a repair work or a credit for an item they...
For instance, there might be a clause stating: "This contract is contingent upon Buyer successfully getting a mortgage at a rates of interest...
Without contingencies, if the buyer refused or stopped working to go through with the deal, he would remain in breach...
Depending upon the precise terms of the assessment contingency, the purchaser can: Authorize the report, and the deal moves forwardDisapprove the report,...
