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Real Estate Contracts >Contingency Contracts
Buyers walk into your home in your area and fall in love with it. There is one problem--they will have to sell their home before they can buy yours. Their offer contains a contingency clause which makes the purchase dependent upon selling their present home. Should you accept such an offer?
Your decision should be based on several factors. Is their home being professionally marketed at this time, or are they trying to sell it themselves (a risky proposition!)? How long has it been on the market? Is it overpriced? If the house doesn't sell, can the buyers take out a bridge loan or make other arrangements to get to the closing table? How important is timing for you? Will the buyers agree to let you continue marketing your home and accept a non-contingent contract (and void theirs) if their house does not sell? Contingent contracts often work out well, but you need the help of a professional to weigh the pros and cons.
June Seebohm Keller Williams Realty, Hilton Head Island, SC 8 Lafayette Place Hilton Head Island, SC. 29926 843-290-2929 843-682-8111 877-877-1957 Fax: 843-681-6579 Email: June@AlwaysJune.com
June offers you a degree of personalized service rarely found among
Realtors. Through a unique combination of devotion, compassion and good, old-fashioned hard work June has established an excellent reputation among, not only her clients but her peers as well. June is originally from Northern Ireland and has moved many times in the UK and US so she understand very well the kind of stress involved in residential sales and purchase. It's often an intense time of transition for all involved.
Also her personal knowledge of building new homes and renovating homes
is invaluable. Her high-tech office and staff allow immediate response
to phone calls, emails and faxes. She is always "on the other end" of
her cell phone. Please call her any time.
www.AlwaysJune.com
is brought to you by June Seebohm
NUMBER1EXPERT in real estate for Hilton Head Island and Bluffton, South Carolina