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What is Real Estate Contingency Contract? A Real Estate Contingency Contract is a provision that makes the contract null and void due to certain conditions. It is essentially like an escape clause that can be used under defined circumstances. It’s also known as a condition. It’s normal for several contingencies to appear in most real […]
A piggyback loan, which is also referred to as a blended rate mortgage, is a combination of two mortgages. It involves taking out a second mortgage to amass a down payment over 20% of the value of the property as a means of removing the need to pay a private mortgage insurance lender. So […]
Is it possible to buy and sell a home at the same time? In this article, we will discuss the options you have if you decide to buy and sell a home at the same time. We will also show the available options for you before making a decision about whether to buy or sell […]
“AS IS” contract is a warranty disclaimer. Property is sold “as is” in order to limit any liability relating to the condition of the property. FAR or the BAR approved contracts is what most South Florida real estate agent use. The FAR/BAR “AS IS” Contract and the FAR/BAR Standard Contract are streamlined and comprehensive. As […]
How HELOC or Bridge Loan Can Help You Buy Your Next Home? Buying and selling a home all at once can be stressful. If you sell first you could end up with no place to live until you find your perfect home. And if you buy first, you might get stuck having to pay two […]