The 4 Most Common Contingencies Every Home Buyer Needs To Know About
If you?ve thought about buying a home, odds are you?ve seen the phrase ?contingencies? pop up once or twice in your research. While the term can be a little intimidating at first glance, contingencies are there to protect you. These clauses indicate that certain events need to occur in order for the sale to move […]The post The 4 Most Common Contingencies Every Home Buyer Needs To Know About appeared first on Freshome.com.
When you’re ready to buy a home, these are the contingencies you need to know about. Image: Thomas de Cruz Architects & DesignersIf you?ve thought about buying a home, odds are you?ve seen the phrase ?contingencies? pop up once or twice in your research. While the term can be a little intimidating at first glance, contingencies are there to protect you. These clauses indicate that certain events need to occur in order for the sale to move forward. If they don?t, you?ll be able to walk away from the sale unscathed?and with your escrow deposit securely in hand.While the exact clauses you decide to include in your offer will be up to you, there are a few common contingencies that nearly every buyer uses. We’ve listed them below to help you get started. Read them over to learn how they can help you on your path to home ownership.Inspection contingencies are the most common. Image: National Association of the Remodeling IndustryInspection contingenciesOf all the available contingencies, the inspection contingency is the one that most peopl...
When you’re ready to buy a home, these are the contingencies you need to know about. Image: Thomas de Cruz Architects & DesignersIf you?ve thought about buying a home, odds are you?ve seen the phrase ?contingencies? pop up once or twice in your research. While the term can be a little intimidating at first glance, contingencies are there to protect you. These clauses indicate that certain events need to occur in order for the sale to move forward. If they don?t, you?ll be able to walk away from the sale unscathed?and with your escrow deposit securely in hand.While the exact clauses you decide to include in your offer will be up to you, there are a few common contingencies that nearly every buyer uses. We’ve listed them below to help you get started. Read them over to learn how they can help you on your path to home ownership.Inspection contingencies are the most common. Image: National Association of the Remodeling IndustryInspection contingenciesOf all the available contingencies, the inspection contingency is the one that most peopl...
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