Posts tagged “Contingencies”
Practical guides for transaction coordinators and the agents they work with: deadlines, contingencies, documents, signatures and keeping every party in the loop.
Transaction Coordination
Backup Offers in Real Estate: How Backup Position Works
What a backup offer is, how it moves from second position to primary under the Texas, Wisconsin, Florida and North Carolina forms, what happens to earnest money and deadlines, and what to track.
Transaction Coordination
Home Sale Contingency: Kick-Out Clauses and How Sellers Respond
What a home sale contingency is, how kick-out and bump clauses work in the Texas, Wisconsin, California and Florida forms, how sellers …
Transaction Coordination
Mortgage Contingency: How the Financing Contingency Works
What a financing contingency protects, how long it lasts in specific state forms, what actually satisfies it, what to do if the …
Transaction Coordination
Real Estate Contingencies: Types, Deadlines and How Removal Works
The contingencies in a home purchase contract, what each protects, sourced deadline examples from real state forms, and how active and passive …
Transaction Coordination
Contingent vs Pending: What Each Listing Status Means
What contingent, active under contract and pending mean on a listing, why the names differ from one MLS to the next, whether …