Fredericksburg real estate and homes for sale in Virginia - The Belcher Team, REALTORS® The Belcher Team REALTORS(r) for Fredericksburg, Virginia real estate - NUMBER1EXPERTS™ The Belcher Team NUMBER1EXPERTS(tm) for Fredericksburg, Virginia real estate

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The Belcher Team, REALTORŪ, real estate agents and broker for Fredericksburg Virginia home listings, property and land for sale - NUMBER1EXPERT(tm)
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Real Estate Tips
Real Estate Contracts >Contingency Contracts

Buyers walk into your home in your area and fall in love with it. There is one problem--they will have to sell their home before they can buy yours. Their offer contains a contingency clause which makes the purchase dependent upon selling their present home. Should you accept such an offer?

Your decision should be based on several factors. Is their home being professionally marketed at this time, or are they trying to sell it themselves (a risky proposition!)? How long has it been on the market? Is it overpriced? If the house doesn't sell, can the buyers take out a bridge loan or make other arrangements to get to the closing table? How important is timing for you? Will the buyers agree to let you continue marketing your home and accept a non-contingent contract (and void theirs) if their house does not sell? Contingent contracts often work out well, but you need the help of a professional to weigh the pros and cons.

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Real Estate Trivia
Q 
Who received the largest land grant ever given to an English subject for only two beaver skins per year?

A 
William Penn, the Quaker leader, received Pennsylvania and Delaware to settle a debt owed his father by King Charles II.
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The Belcher Team, REALTORŪ, real estate agents and broker for Fredericksburg Virginia home listings, property and land for sale - NUMBER1EXPERT(tm)

The Belcher Team
RE/MAX Allegiance

1671 Jefferson Davis Hwy., Suite 204
Fredericksburg, VA. 22401
Phone: 800-729-3013 x135
Phone: 540-373-2800 x135
eFax: 866-399-4753
Email: thebelcherteam@NUMBER1EXPERT.com
Email: thebelcherteam@gmail.com

"The Belcher Team" is consistently the Top Team recipients in the Fredericksburg Virginia area. Let our expertise make your real estate transaction easy. Please do not hesitate to calll us for more information.

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