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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

Weekends on Wednesday

We spent last weekend being "only" parents to Sage as Douglas stayed behind in Williamsburg for a volleyball tournament and Ava went along with her best-friends for a birthday weekend in D.C.





We attended Joe's cousin's wedding at the OBX. The ceremony was beautiful and the reception simple and fun. We were able to spend some time with Joe's dad, John and stepmom, Martha and his sister, Lindsey.




After the wedding we stayed with friends from Richmond down visiting for the week. Although we didn't need the eight bedroom home for the nine of us, it was nice having that much space to spread out. The pool was heated, the hot tub hot and the beach perfect for shredding some nar. 









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