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What is a Contingency?

  In my last blog I discussed what Pending means in Real Estate and I stated:   Anytime I say Pending, it means the house is under contract. Either with a contingency or not, the house is more than likely going to another buyer. It's just a matter of time until it closes and the new homeowner will be moving in. So what is a contingency?  Well a contingency in a contract is anything that must be first met to allow the sale to continue in the manner in which the contract was written. Most contracts have standard contingencies to include a home inspection, a financial contingency and an appraisal contingency. Other contingencies could include a home sale.  Home Inspection Contingency: This contingency allows the buyer to preform a home inspection (all home inspectors in the state of Virginia must have a license) and the buyer has the opportunity to ask for repairs in order for the contract to move forward. Sellers at this time can a couple of things. Repair all items Repair some it

Rainy Day in Williamsburg?


Cupcake Wars:
You’ve heard of the popular show on Food Network right? The girls and I love to get together and challenge each other on our cupcake making skills. We each choose a recipe from either a cookbook or an online publication, gather the ingredients and bake away. Of course presentation also counts too! Below is the latest winner!
Take a Dip:
 
Are you a member of James City County Rec Center? If so, why not take a dip in the pool and finish off in the hot tub? The kids can splash in the pool while you enjoy some R & R. If you are not a member, why not look into joining? With many activities going on, you can be busy as much or as little as you want.
Paint on Pottery: 
Located right next door to Quirks of Art in High Street, let Robin help you pick the perfect piece to add to your home. Spend time catching up with your kids and get creative too. Afterwards, why not drop by and say hi to us!
Visit Basset Hall:
Visit the home of John D. Rockefeller, Jr. and his wife Abby Aldrich Rockefeller during the restoration of Colonial Williamsburg. Show the kids some history and learn something for yourself. If you have a Good Neighbor pass, you pay once a year and can visit as many times as you would like. I would highly recommend getting one. It pays for itself.
Take the Ferry to Surry:
Why not? You are stuck inside anyways, why not pop on the ferry and check out the water for awhile. Have some tunes to listen to! Grab a bite to eat in at The Surry House Restaurant and then head home.
Happy Days!

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