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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

Happy 18th Birthday Sage

18 Years Ago

I was in labor at Baptist East in Memphis, TN doing pretty well. After giving birth to Douglas, I was pretty prepared for birth this go around. Of course none of my children ever came naturally so I was always induced. I was on my pitocin drip, most of my family was in Gulf Shores for the holiday weekend--- Memorial Weekend. I was surrounded by a small group of family and friends and little bit Sage came into the world at 4:20 p.m. She came into the world very easy and she has been that way every since.

If the way your child comes into the world sets the tone for the way the child's personality will be, then she has proved that to be true. She is graduation next week and then we get ready for her to attend Mississippi State in the Fall. So far away, but so proud of her.

Happy Birthday Sage!








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