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Latest Listings: Westport, Wilton and Weston Connecticut home buying, real estate listings, and homes for sale in Fairfield County, CT

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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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Q	The upper walls of what famous holy temple are lined with gold?
A	The Golden Temple in Amritsar, India is the most sacred temple and spiritual center of the Sikhs.
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Sara and Charles Hemmerdinger, REALTORŽ, real estate agents and broker for Westport, Wilton and Weston Connecticut home listings, property and land for sale - NUMBER1EXPERT(tm)

Sara and Charles Hemmerdinger
Prudential CT Realty
272 Post Road East
Westport, CT. 06880
203-429-1069
800-462-ROCK
Fax: 203-222-1741
Email: SaraandCharles@NUMBER1EXPERT.com
Sara and Charles, long time residents of Westport, specialize in marketing and selling homes in Westport, Weston, Wilton, Norwalk, Fairfield, and all of Coastal Fairfield County. Working together as an award-winning team since 1992, Sara and Charles go the extra mile in service, each step along the way. Call them today! Prudential Connecticut Realty is an independently owned and operated member of The Prudential Real Estate Affiliates Inc., and Prudential is a service mark of The Prudential Insurance Company of America.

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