Tag: sales contract

Counting Days in a Contract

Written by Ben Raffel on 2023-07-05.

Counting days in a contract can often be confusing. If you put a 7-day inspection contingency in the contract, how many days is that? Is that business days or calendar days? What day do you begin to count, and what time of day does the...

What does contingent mean?

Written by Federal Title on 2022-08-06.

When browsing homes for sale on a real estate app like Zillow or Redfin, you may come across property labeled contingency or contingent. What does contingent mean in real estate?A contingent contract means the offer to buy the house includes...

Homebuying competition drops in D.C. real estate market

Written by Federal Title on 2022-08-01.

The stories about homes for sale receiving multiple offers, contracts with waived contingencies and properties purchased sight unseen may soon be coming to an end.Rising interest rates, inflation, high home prices and an uncertain economic...

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The bait ‘n’ switch: From an all-cash offer to not

Written by Todd Ewing on 2013-08-13.

Consider the following scenario: It’s a bidding war, and the seller of a property is choosing between multiple offers. It comes down to the two highest offers: Offer A: $505,000, FINANCING of 20% down and 80% loan, $5,000 earnest money deposit,...

Have a home inspection without placing a contingency in the contract

Written by Federal Title on 2013-03-05.

I want a home inspection, but I don’t want to put a contingency in my offer. How can I have it both ways? Since inventory is low in the DC area, most potential buyers do not want to remit an offer that has any contingencies. Many buyers find...

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Tag: sales contract

Counting Days in a Contract

What does contingent mean?

Homebuying competition drops in D.C. real estate market

The bait ‘n’ switch: From an all-cash offer to not

Have a home inspection without placing a contingency in the contract

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