By allowing this type of contingency the seller
By allowing this type of contingency the seller has accepted the risk that the contract may not close. If the mortgage cannot be obtained within the prescribed time, the buyer may terminate the contract and receive a refund of deposit. [...] Inspection Contingency Contract procedures to allow the buyer to conduct inspections of the land vary from region to region. Contingency for Sale of Other realestate In some cases the buyer may have a contingency for the sale of a certain realestate, usually the buyer’s current home.
Chula Vista Ca Real Estate
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