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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

Virginia Is For Lovers

We stopped at the rest area on 64 right before Williamsburg when we were almost home from our Thanksgiving holiday in Memphis and this is what we shot. 

Douglas is trying out the pink headband look from the 80's along with the dirty white tennis shoes and black socks. 

I understand why bad fashion design never dies. 
Kids, they think they can bring anything back and make it better. 

You can't get Sage out of this red, Berkeley hoodie and Ava is mad because she wanted the V.

Comments

  1. This post made me laugh!! This is a lovely photo! I was in Virginia for Thanksgiving... it was freezing!!

    xo
    Rachel

    ReplyDelete

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