What are Home Sale Contingencies?

what are contingencies

There are many different types of contingencies in real estate transactions, but one of the most common types is a home sale contingency.

As the name implies, a home sale contingency stipulates that a buyer’s current home must sell in order for the transaction to buy a new home to move forward.

These contingencies include dates by which the buyer’s current home must sell. If the home is sold by that date, the contract on the new home can go ahead. If, however, the buyer’s current home does not sell, the transaction is nullified.

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3 Reasons to Sell Your Home in 2019

3 reasons to sell your home in 2019If you’ve been on the fence about listing your home for sale, you might want to take action soon. That’s because 2019 is shaping up to be a great year to sell your home.

Though deciding to sell your home is a big step and requires that you weigh your options, spending too much time waffling back and forth could mean that you miss a prime time to get the most value for your property.

That being the case, consider the following as top reasons to list your home sooner rather than later.Read more