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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

House Crush Alert: Wooded Kingspoint Home



Driving up to this house to preview it the other day, I felt like I was completely out of the city and in my own little world. The trees still with a couple of leaves hanging down from their branches welcomed me as I pulled up to the drive of this mid century modern home located in one of my favorite neighborhoods in Williamsburg; Kingspoint.

With a diverse architectural mode, Kingspoint is a neighborhood where you will not find cookie cutter homes but homes where each home owner lovingly chose the plan of their home. This home is a real treat!


This home is a breathtaking tree home with views of College Creek. All the rooms are spacious with loads of natural light. The screen porch is perfect to enjoy a cup of coffee or your glass of wine as you overlook the water. 




Call me today to see it! 757-784-3230

Comments

  1. I love that each of the homes in the area are different! That one is gorgeous!

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