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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

3rd Annual BBQ, Brews and Bands!

It is that time of year again! Our 3rd Annual BBQ, Brews and Bands is about to go down this Saturday at the Indigo Park Pool! The pool with be open and lots of fun will be had by all. Open to the Public, we hope you come check out this event. 

We will be smoking another large pig with chickens on the grill too. Many sides can be shared and if you would like to bring something, please do! 

We have three bands this years! Wow! Indigo Boys will be back after a long hiatus along with a couple of other local bands. Feel free to come join us starting at 6 and we end at 10. 

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