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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

Back to School with Douglas

Look who is going to be a junior this year. We live in a school district where I think in a couple of years they will take a hard look at what can and cannot be worn in high school. This might be one of the reasons... anyways. This is what my lovely daughter has chosen to showcase for you. 








Shirt: Papaya
Shorts: Free People
Beaded Necklace and Earrings: Vintage

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