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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: 114 N Berwick in Ford's Colony


Nestled down a private drive and golf views from every direction, this house has all the charm you could want in a home. A partial wrap around porch with one of most beautiful green doors, I've seen in awhile, this house welcomes you in. 


Formal living and dining rooms situated on the front part of the house with the casual areas in the back. 


Featuring a large first floor master with a sitting area off the side door are perfect for sipping your coffee in the morning or a glass of wine in the evening. Enjoy the screened in porch off the casual kitchen with a sitting room with fireplace. This house has all of the outdoor living spaces you could ask for in a home. Upstairs offers four bedrooms and two bathrooms upstairs-- the owners have such great taste. 





If you would like a private showing, please give me a call! 757-784-3230 or shoot me an email at leighannfisher@lizmoore.com


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