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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

Thought of the Day: Less is More


The older I get the less I want. I mean how many pairs of shoes can one have? Or belts, or purses, or skirts, or jeans, or dresses. It makes life junky if you ask me. You see so many minimalist bloggers that say they don't want much but then parade around taking photos of all their new things.

To me this is pretty hypocritical. This is why you don't see many outfit posts here. I just don't buy a lot of clothes, totes, earrings, bangles, shoes, etc. I have a small closet and I think this has been the best thing in the world for me to deal with. I wear a couple of items and then they wear out. Then I buy something new. 

To me saving has become very important and it makes me richer is more than one sense.

What are you takes on this? Love to hear? 

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