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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

Friday Favorites

This kitchen is almost perfect to me. The Gothic touches make me feel a bit Holier somehow. The dark paneled refrigerator doors and the banquet. It's really is a small kitchen too but feel so regal. I wish I was a princess. 

My husband loves this salad and I think I know why. It's got so much protein in it. Doesn't it drive you crazy when you and your hubby diet at the same time and while you snack on wheat thins and stick of cheese he devours something like this and still loses more weight than you? Pisses me off too. Then he adds BLUE CHEESE to it!?!?! Make it this weekend and smother some of that awesome, smelly cheese and take a damn bite. MMMMMM.....

Personally I'm a bit pissed summer is about over. I love the water and the sun and the boat and the hot sand on my feet and hanging outside. I wish I had an outside space a bit like this to drink one of those soda pops from too.

I so want PURPLE CHINA! 

Need to pitch a moldy picture in my entry hall and thinking I might try my hand at something like this? What you think?

Happy Favorites! What are yours this week?





Comments

  1. I'm not usually one for modern art, but that painting is beautiful. I love the dots and colors and streaks! I'm sad that summer is over, too. Everyone fusses about how excited they are for fall and I always think to myself, "Why?"

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