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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

Decorate Friday: Salty Style

Many people have wondered what Salty Heirs means, it means living by the sea and heir to the abundance of    coastal living. I spent my childhood living in the Mississippi delta where mosquitoes would carry you off if you didn't wear enough Deet. Cotton fields, sweet tea and Mam Mam and Pap Paw... Today I live along the Virginia Coast and love it. Mosquitoes may still try and carry us off without enough Deet but the sounds of the water and salty heir make up for that!

Joss and Main
West Elm

Joss and Main
Pier One

Zazzle

Crate and Barrel




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