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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

Damn Good: The Georgia Peach Martini

As we gear up for our weekend beach trip visiting family in the OBX, Outer Banks for you guys who don't understand this term, I want to share with you a drink that I will be enjoying as we sit on the deck and overlook the canals of Colington Harbour this weekend. It is Damn Good. Hope everyone has a safe Memorial Day. No drinking and driving right? Call a cab; Much cheaper than a DUI or killing someone or someone else. 



Ingredients: 
2 oz Coconut Rum
2 oz Peach Vodka
2 oz Ginger Ale
Shake with ice.
Strain into cocktail glass
Garnish w/ fresh peach drink

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