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Columbia, SC Homes For Sale and Real Estate for sale! I can help. Call me at 803-608-4663 or e-mail jimoylan@sc.rr.com.
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"As a Retired Florida Realtor..."
"Jill Moylan guided us through the process of purchasing our home in Columbia with aplomb!"
C. Morgan, retired Florida Realtor
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Home Advantage Realty
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| BACKYARD |
NEIGHBORHOOD |
| BEDROOM |
PORCH |
| CHARLESTON |
REAL ESTATE |
| COLUMBIA |
RESTAURANT |
| EDISTO BEACH |
RIVERBANKS ZOO |
| HOME ADVANTAGE REALTY |
SCHOOL |
| HOMES |
SOUTH CAROLINA |
| HOUSE |
STATE HOUSE |
| JILL MOYLAN |
STREET |
| LAKE MURRAY |
UNIVERSITY OF SOUTH CAROLINA |
| MOVING |
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Real Estate Contracts >Contingency Sale
Sellers may be reluctant to accept an offer that is contingent on the sale of another property. However, such a sale can be structured to minimize the risks.
The seller should put a limit on the amount of time that the buyers have to accept an offer, and they should keep their home on the market during that time. They should also reserve the right to require that any contingencies be met within a short period of time, ideally 24 to 48 hours, if they get a second offer. This is called a "First Right" contingency.
Contingent sales can work well for the sellers. The buyer is not in a position to ask for concessions on price or terms and may be able to get interim financing. Each situation is different, however, so go over the terms with your real estate agent before accepting a contingent offer.
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| Q |
Fewer than 2 percent of homeowners build this type of home:
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Fewer than 2 percent build a custom home; most buy an older home or select from a home builder's menu. |
 See More Real Estate Trivia > |
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- NUMBER1EXPERT™ 
