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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

This Weekend: At the Pier








What a wonderful weekend. I hope yours was great. We spent our time hanging in Kill Devil Hills, N.C. at my mother and father-in- laws house. Perfect weather except for the wash out Saturday night but at least it was at night right?

Here a couple of shots at Jennette's Pier. What an interesting pier. So much to see and do. If you are around that area you should surely drop by and at least walk the beach. This Friday you should check out the Arnette Cash Pot Series surf contest. Tag your photos at the event #livearnette. 

Joe's Swim Trunks: RVCA
Joe's Sunglasses: Arnette
Leigh Ann's Suit: Marshall's
Leigh Ann's Sunglasses: JCrew
Douglas' Suit: Vulcom
Douglas' Sunglasses: ModCloth

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