1) Do not blindly accept the highest offer if it is
contingent on the buyer getting a loan.
This Resolution authorizes the School District to enter into an amendment to the Agreement of Sale to add a zoning contingency to the Agreement of Sale so that the sale will be
contingent on the Buyer obtaining a zoning variance for the property to change the zoning from a RSD - 3 classification to a RMX - 3 classification.
Occasionally, a seller might accept an offer
contingent on the buyer selling his current home.
Another time, the deal was
contingent on buyers» other home selling, but they had all kinds of problems and had to take it off the market.
This inspection is
contingent on the buyer's SUBJECTIVE SATISFACTION of inspections of the property and the improvements on the property».
It could be a loan contingency, an appraisal contingency or an inspection contingency — maybe it's
contingent on the buyer selling another home that the buyer can't seem to sell.
Not exact matches
Buyers might not have to make an offer
contingent on the sale of their current home.
Yet with this new emphasis
on dynamics, has Honda been forced to make concessions elsewhere in order to cater to a specific
contingent of
buyers?
«We understand the competitive nature of supply and demand,» said Steward, «
Buyers are afraid that if they put in an offer
contingent on the outcome of a home inspection, they may lose the home to three or four other bidders who are willing to take the risk of buying the home without that contingency.
Most
buyers make their purchase offer
contingent on the results of a home inspection so they can decide not to buy if the inspection reveals significant structural problems.
Buyers like to make contracts
contingent on the sale of their current home.
Contingent on home inspection A professional home inspection is not mandatory for
buyers.
Having sold a home and my dealing with my
buyer's contingency and the
buyer's
buyer's contingency stressed me because my new home purchase was
contingent on their contingencies, it became clear what an advantage it is to come in with an offer in cash.
Shortly thereafter, REALTOR ® B presented REALTOR ® A with a signed offer to purchase from his client which was
contingent on REALTOR ® A's willingness to reduce her commission by the amount she had offered through the MLS to subagents and
on the seller's willingness to compensate the
buyer for the commission the
buyer owed to REALTOR ® B, his agent.
On Stirlin's advice, the buyer made another offer contingent on inspections and a home warrant
On Stirlin's advice, the
buyer made another offer
contingent on inspections and a home warrant
on inspections and a home warranty.
We found a
buyer, who signed a contract
contingent on the completion of an environmental study.
A
buyer signed a contract
contingent on the completion of an environmental study.
In fact, when a market gets hot,
buyers are afraid that if they put in an offer
contingent on the outcome of a home inspection, they may lose the home to others who are willing to take the risk of buying the home without that contingency.
In May 2002, the Broker obtained a $ 159,000 offer for the Farm,
contingent on a walk - through of the property by the prospective
buyers.
The deal was
contingent on them selling their old house, and at the last minute, their
buyers cancelled.
An agent would call for a copy of the report to be part of an Agreement of Purchase and Sale, but it would seem that the offer would need to be
contingent upon review of the efficiency report (by a professional who specifically understands such) within a specific time frame, and apparently the
buyer would be advised to adjust his accepted - by - the - Seller price point, based
on the findings.
Escrow — Delivery of deed by the seller, which is
contingent on some other event (such as the
Buyer's loan being funded).
Helmsley - Spear, Inc. v. Kupferschmid (301 A.D. 2d 442)-- no commission was due where sale of the subject property and broker's commission were
contingent upon the satisfaction of the condition which went unsatisfied through no fault of the seller; broker failed to produce a
buyer ready, willing and able to purchase the property
on terms acceptable to the seller where the «marked - up» contract returned to seller by the
buyer's lawyer constituted a counteroffer which seller did not, and was not in good faith obligated to, accept.
Private
buyers also often make the sale
contingent on your home passing an elaborate inspection — which is not always guaranteed, especially if you have a fixer - upper or an older home
on your hands.
Negotiations can include your own contingencies, such as a first right of refusal if your
buyer's offer is
contingent on selling their home, making the offer
contingent on you buying another home, or adding contingencies for closing and occupancy dates or
buyer financing.
If you are a cash
buyer, use it to your advantage, make cash offers and promise a fast closing, not
contingent on financing.
Tip: «If we have a
buyer in escrow
on his house, I would take a hard look at how solid that deal was,» said Wood, adding, «Not too many
contingent offers are being accepted in this market.
A condition put
on an offer to buy a home; such as the prospective
buyer making an offer
contingent on his or her sale of a present home.
REALTORS ®, acting as subagents or
buyer / tenant representatives or brokers, shall not use the terms of an offer to purchase / lease to attempt to modify the listing broker's offer of compensation to subagents or
buyer / tenant representatives or brokers nor make the submission of an executed offer to purchase / lease
contingent on the listing broker's agreement to modify the offer of compensation.
Most
buyers are going to make offers that are
contingent on the sale of their current property (or another extenuating circumstance).
A solution for some
buyers and sellers, and one some real estate agents say is gaining increased acceptance in the housing downturn, is making an offer
contingent on the sale of a
buyer's home.
Sellers should be aware that some other companies offer what SEEMS to be a Flat Fee Listing service but in fact they contract to keep some of the
contingent sales commission for themselves such that EITHER the
Buyers Agents are actually being offered LESS commission to sell your home than they are being offered to sell other homes
on the market OR you are contracting to pay a sales commission which is in excess of what the listing agent is actually offering to pay to the
Buyers Agents so that the listing agent can keep a commission of say 1/2 % while they are calling it a Flat Fee.
As a note, a funding fee of up to 2.15 percent for first - time
buyers and up to 3.3 percent for subsequent
buyers may apply,
contingent on details like military branch and the number of times of a VA loan has been used.
However, the offer was
contingent on the potential
buyer being approved by the co-op board and the
buyer failed to get approval from the co-op board.