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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

Visit Key West: Hidden Beach


Where to Stay:
Hidden Beach
Key West

Sometimes the two of you want to get away from it all together, alone. Hidden Beach is the  perfect spot for you two. With the only natural beach in Key West, you can put your toes in the sand in style. Three blocks from Duval Street, Hidden Beach is right on the Atlantic Ocean next to Loui's Backyard. The decor is exquisite and you will be taken away with the sights on your own private, covered porch!

I've seen enough, haven't you? I say book the darn thing!

Do:
Drink a lot!
Take it easy and chill!







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