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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

4 Paint Colors Buyers Turn Their Nose To

I will tell you,when you call me in for a listing interview, I will tell you a fresh coat of paint will sell your home must faster than scuffed up, flat painted walls. According to HomeAdvisor, typically painting all the walls in your home will run you around $1700. Be careful in the selection though or your may regret your decision later. 

So what colors should you avoid?



1. Orange: I went to UT Knoxville and met my husband. We started our family wearing Orange but it really isn't the most attractive to color to paint any room and especially not the outside of the house. NEVER. For the sake of your Realtor's sanity and your neighbors. 

2. Neon Green: I recently walked into what was once a kids room in a empty house listed in a great neighborhood and had to put on my sunglasses. Hey, I get it. Your kid's favorite color but your new buyers? Not so much.


3. Fairy Tale Pink: Again, I get it. Your daughter is obsessed and you want to make her happy but those people looking to buy a house, they hate it.


4. Browns and Yellows: This once was a smart move in real estate. Everyone was into yellow walls and dark floors. Not so much anymore. Today it is more about grays, blacks and white. Paint the wall, leave the floors. Also, it photographs terribly.

What are your thoughts?

Leigh Ann Fisher-
Liz Moore and Associates
757-784-3230

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