As spring eventually arrives and we inch closer to summer, the number of homes with accepted offers will rise. As a seller, you probably want to make sure you can find your next home prior to selling your current home. A tool that allows you to do this is called a “Purchase Contingency,” and it is a part of your sale process.
Purchase Contingent
- You would list your home for sale and negotiate a purchase agreement that would be contingent upon the seller (you) finding a home of your choosing prior to a certain date. If you are unable to find a home during the contingency period, the purchase agreement is cancelled and neither party is obligated to the other.
It’s not a tool for everyone, but it allows you to take the stress out of not knowing where you are going to go.
If you have questions about contingencies or have any real estate related questions, please reach out. We are happy to answer questions and help you in any way we can!
Give us a call: 952 473 7000
Stop by our office: 15550 Wayzata Blvd, Wayzata, MN 55391
Upcoming Events:
Fazendin Realtors’ Spring Shred-a-thon
Friday, April 20th – 1:00pm to 5:00pm
15550 Wayzata Blvd, Wayzata MN 55391
Fazendin Realtors invites you to gather all of your old paper documents and bring them to our office on April 20th!
Veteran Shredding Services will be here to safely destroy your outdated records. Happy Spring Cleaning!
(Personal Invitation – Please No Businesses)
https://www.facebook.com/events/269923416879216/
Grillfest
Saturday, May 5th & Sunday, May 6th
CHS Field – 360 N Broadway St,
St. Paul, MN 55101
Get your tickets to test out the hottest grills, gather recipes, and learn how to barbecue like a pro. Get the latest grilling tips at the grilling stage and find special pricing on grills and products that will make you the envy of your neighbors. Your ticket includes samples of food and beverage from 100+ vendors.
https://www.eventbrite.com/e/grillfest-tickets-42008110389?aff=es2
Leave a Reply