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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

Pricing Your Home to Sell Not Sit

Pricing Your Home to Sell Not Sit
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Did you know the best chance for selling your property is within the first seven weeks?

It's true. I promise.
Studies show that the longer a property stays on the market, the less the seller will net upon the sale. It is very important to price your property at a competitive market value at the signing of your listing contract. The market is so competitive that even over-pricing by a few thousand dollars could mean that your house will not sell.
An Overpriced Home:
· Minimizes offers
· Lowers agents response
· Limits qualified buyers
· Showings are minimal
· Prospects are minimal
· Limits financing
· Total waste of advertising dollars
· Nets less for the seller: 
When you are ready, contact me today for a personal market value analysis of your home. 

No hassles or obligation - just honest advice on how to get top dollar for your home!

Use the contact button on the side to get in touch or email me today!

leighannfisher@lizmoore.com

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