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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 Colington Harbour: Stay Soundfront


Colington Harbour is a favorite spot for us to stay when we visit the Outer Banks of North Carolina. It is a community mostly inhabitated by locals but mostly always vacationers. With a private beach perfect for days when the ocean is too cold to swim in or the wind is coming in from the east, you can dip in a the water is normally amazing. With a public playground with vintage rockers, tall swings and private pool, this place has it all. If you have a boat, a boat ramp is available at the community center. Kayaks are fun to use in the canal or in the sound too.

The house I have chosen to show you today is located on the soundside where the sunsets will be amazing. Enjoy a cup of coffee on the deck in the morning and a drink under the house in the afternoon. The afternoon sun can be brutal but do as the locals do and hide out under the house. Try crabbing with a chicken neck you can purchase at the grocery story for little to nothing and buy a crabbing kit. Fling your chicken in the water, tied to part of the dock, and watch the crabs come for dinner. 

I'm going to let you in on a big secret too about the Outer Banks, after September through October, the water is still VERY WARM. Shhhhh.... 




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