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Ft. Campbell, KY, Clarksville, Tennessee and Montgomery County Information:
About Ft. Campbell, KY, Clarksville, Tennessee and Montgomery County - Moving to Ft. Campbell, KY, Clarksville, Tennessee and Montgomery County, Tennessee? Get info here...
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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.
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What is the only land in the world that has not been walked on by human feet?
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A small 200 square-mile section of Antarctica is the only terrain on Earth that not one person has stepped foot on.
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See More Real Estate Trivia > |
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Christine Demonbreun and Debbie Nunn Keller Williams Realty 2271 Wilma Rudolph Clarksville, TN. 37040 Phone: 931-648-8500 Fax: 931-648-8551 Cell: 931-320-2133 Cell: 931-320-1651 Email: christinedemonbreun@NUMBER1EXPERT.com
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