Contingent payment clauses are often used in connection with contracts between general contractors and subcontractors or subcontractors and lower tiered subcontractors. Essentially, this type of ...

Most people looking to purchase a new house or apartment will need financing. This is the reality for most that make a foray into the real estate world. However, sellers hate financing because it ...

PDF Page 1]"If the mortgage doesn't go through, I can cancel the contract, right?"This is something I often hear when people ...

To make an offer on a home more attractive, homebuyers are considering waiving the appraisal contingency. But is that a good idea?

Scott Mollen discusses "Mason v. Pembroke NY," where a purchaser breached contract by failing to comply with mortgage contingency clause in applying for a larger mortgage than permitted by the clause, ...

With any luck, the time between making an offer and closing on a house will be smooth sailing. However, there are plenty of things that could go wrong, big or small. That's why many buyers include ...

A kick-out clause is a clause written in real estate contracts, usually in the context of home sales. It applies when someone has made a contingent offer to buy the house. The kick-out clause says ...

In very hot real estate markets, offers made contingent on the sale of another property usually don't go very far. When sellers have multiple offers to choose from, they usually go with offers from ...

QWe are in the process of selling our rental property. A buyer signed a purchase contract, using the standard regional sales contract form. Several days later, we received an addendum stating that the ...

In the home-buying process, buyers and sellers should negotiate to write contingencies into their contract to mitigate risk. For example, sellers may want to condition their obligation to sell on ...

This transcript was prepared by a transcription service. This version may not be in its final form and may be updated. J.R. Whalen: Here's Your Money Briefing for Monday, March 27th. I'm J.R. Whalen ...