From trapeze artists to baseball spectators seated behind home plate, everyone appreciates a good safety net. Homebuyers and sellers are no exception, which is why contingency clauses continue to be ...

Sellers don't like offers that are contingent upon the sale of the buyers' home. Buyers don't like to make offers on homes that are contingent upon the sellers' finding a replacement home. The reason ...

We have had our home on the market for three months, and finally received an offer last week. The contract includes a “loan contingency” clause that says the buyer can cancel the deal if he cannot get ...

MANHATTAN, NY - Buyers purchasing property in Manhattan risk losing substantial deposits if they cannot secure ...

In real estate transactions, the term “contingency” comes up a lot. Why do you hear it so often, and what does it mean? A contingency is a clause added to the contract to give the parties the option ...

A kick-out clause is a clause written in real estate contracts, usually in the context of home sales. It applies when someone has made a contingent offer to buy the house. The kick-out clause says ...

They are two of the most common little words in the English language – if and when – but they can mean a lot to subcontractors in terms of bringing in precious revenue. The existence of “pay-when-paid ...

If your home is listed for sale, or if you think you might sell it someday, it pays to anticipate the three favorite home buyer ”escape clauses” and know how to handle them. Without this knowledge, ...

Q. My husband and I recently bought a house (which is not built yet) in Texas. At the time we signed the contract, the builder asked us to put down $500 earnest money and $5,000 for an additional ...

Buying a home is one of life`s most tramatic events, especially for first-time home buyers. But experienced home buyers who have purchased several homes know the value of one or two carefully worded ...