Monday, March 13, 2006

Contingency clauses make a comeback

Sellers should consider a contingency clause in exchange for getting a good price for their home. In a market where there is a competing inventory of homes, sellers may want to agree to the the contingency that the Buyer first sells their home. I would also recommend retaining the right to sell to another, giving the original purchaser the right of first refusal. Read more here... Contingency clauses make a comeback