From pre-approval to paying points, buying a home is always a complicated process. But throw “waterfront” in the mix, and things get even more complex. Fortunately, real estate agents who
4 Contingencies That Protect You As A Homebuyer
Dated: December 9 2019
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Here are some important ones to consider:
Home inspection contingency - allows you to have the home inspected
Appraisal contingency - protects you from owing extra money should your lender's appraisal come in low
Financing contingency - allows you to back out if your mortgage loan doesn't come through
Sale contingency - says your purchase is only valid if you're able to sell your existing home first
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These Properties are provided courtesy of Broker Reciprocity/IDX Lake Of The Ozarks Board of REALTORS® and Bagnell Dam Association of REALTORS® MLS, Inc. Multiple Listing Service. This information is copyrighted by The Lake Of The Ozarks Board of REALTORS® and The Bagnell Dam Association of REALTORS® MLS, Inc. Multiple Listing Service. Information is being provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties
