Whether you're buying a single-family home or a multifamily property for sale in Silicon Valley, you'll hear the term contingencies floated around - but what does that mean, and does it apply to you? What, exactly, are contingencies in a real estate purchase contract? Here's what you need to know. What Are Contingencies in a
If you’re financing your new home, you need to stay on top of your lender’s requests for documents related to your mortgage and update or submit them quickly. One of these documents is the mortgage or loan appraisal report. Your lender will require a mortgage appraisal to learn about your home’s fair market value
When you’re selling a duplex, triplex or fourplex – or even a single-family home, for that matter – your REALTOR® will talk to you about contingencies. One of the most common contingencies in real estate contracts is the appraisal contingency. What is an Appraisal Contingency? A contingency is a condition that must be met
When you’re selling a duplex, triplex, fourplex or single-family home in Silicon Valley, you’ll encounter the term contingency. But what is a mortgage or loan contingency, and how will it affect your real estate deal? What is a Mortgage or Financing or Loan Contingency? A contingency is a condition that must be met –
Most real estate transactions include contingencies – conditions that must be met to close the deal. One of the most common real estate contingencies involves home inspections, which are designed to protect buyers from purchasing a property that has major issues. Here’s what you need to know. What is an Inspection Contingency? When someone
When you’re selling a duplex, triplex or fourplex – or even a single-family home – in Silicon Valley, you need to know that the buyer’s lender will require an appraisal. The appraisal is the hinge that can make or break your real estate deal. What is an Appraisal? An appraisal is an opinion of
When you’re selling a duplex, triplex or fourplex in Silicon Valley, it may make sense to have the property inspected for pests – and to get a roof inspection done – before you put it on the market. Here’s what you need to know. Should You Pay for Termite Inspections Before You Sell a
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