Black Hole Of Real Estate Podcast
Protecting Yourself When Writing An Offer... Episode 270
Protecting Yourself When Writing An Offer... ...so that you don't feel trapped if things go wrong There are number of contingencies that can be put into an offer that would help a buyer feel more comfortable while under contract keep in mind that adding a lot of moving parts might make the deal more complex and less attractive to a seller if it's a competitive offer siutation it would make sense to limit these some of the basic and somewhat customary contingencies are: time for seller to accept the offer number of days to make escrow home inspection period appraisal contingency loan approval sale of the buyers home closing date there are a number of other contingency clauses that can be used for special circumstances and in most deals there is some give and take between the buyer and seller where they find common ground tune into todays show for all the details on contingencies