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Protecting Yourself When Writing An Offer...

...so that you don't feel trapped if things go wrong

There are number of contingencies that can be put into an offer

that would help a buyer feel more comfortable while under contract

keep in mind that adding a lot of moving parts might

make the deal more complex and less attractive to a seller

if it's a competitive offer siutation it would make sense to limit these

some of the basic and somewhat customary contingencies are:

time for seller to accept the offer
number of days to make escrow
home inspection period
appraisal contingency
loan approval
sale of the buyers home
closing date

there are a number of other contingency clauses

that can be used for special circumstances

and in most deals there is some give and take

between the buyer and seller where they find common ground

tune into todays show for all the details on contingencies