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 ...

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 ...

Add Yahoo as a preferred source to see more of our stories on Google. Putting an offer on a home and going under contract is a major step toward making what is likely the biggest purchase of your life ...

Scott Mollen discusses "Mason v. Pembroke NY," where a purchaser breached contract by failing to comply with mortgage contingency clause in applying for a larger mortgage than permitted by the clause, ...

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 ...

We have had our home on the market for three months, and finally received an offer last week. The price that the buyer is offering is fine with us, but the contract includes a “loan contingency” ...

If you are buying a home, there are two things you should never, under any conditions, waive. The first is home inspection, along with your right to unilaterally withdraw your offer based on the ...

This transcript was prepared by a transcription service. This version may not be in its final form and may be updated. J.R. Whalen: Here's Your Money Briefing for Monday, March 27th. I'm J.R. Whalen ...

QWe are in the process of selling our rental property. A buyer signed a purchase contract, using the standard regional sales contract form. Several days later, we received an addendum stating that the ...

This transcript was prepared by a transcription service. This version may not be in its final form and may be updated. J.R. Whalen: A home is one of the most expensive things you'll purchase in your ...