Columbus real estate OH, Upper Arlington real estate and Dublin real estate, home listings and homes for sale in Ohio - Jim and Betsy Edwards, REALTORS® Jim and Betsy Edwards REALTORS(r) for Columbus, Upper Arlington and Dublin, Ohio real estate - NUMBER1EXPERTS™ Jim and Betsy Edwards NUMBER1EXPERTS(tm) for Columbus, Upper Arlington and Dublin, Ohio real estate
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Jim and Betsy Edwards, REALTOR®, real estate agents and broker for Columbus, Upper Arlington and Dublin Ohio home listings, property and land for sale - NUMBER1EXPERT(tm)




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Real Estate Tips
Real Estate Contracts >Contingency Sale

Sellers may be reluctant to accept an offer that is contingent on the sale of another property. However, such a sale can be structured to minimize the risks.

The seller should put a limit on the amount of time that the buyers have to accept an offer, and they should keep their home on the market during that time. They should also reserve the right to require that any contingencies be met within a short period of time, ideally 24 to 48 hours, if they get a second offer. This is called a "First Right" contingency.

Contingent sales can work well for the sellers. The buyer is not in a position to ask for concessions on price or terms and may be able to get interim financing. Each situation is different, however, so go over the terms with your real estate agent before accepting a contingent offer.

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Real Estate Trivia
Q 
What are the three most common environmental toxins for which homes are tested?

A 
Mold, asbestos, and lead are tested by specialized inspectors as a regular part of many real estate contracts.
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Jim and Betsy Edwards, REALTOR®, real estate agents and broker for Columbus, Upper Arlington and Dublin Ohio home listings, property and land for sale - NUMBER1EXPERT(tm)

Jim and Betsy Edwards
Keller Williams Classic Properties Realty

3518 Riverside Drive
Columbus, Ohio 43221
Phone: 614-325-1920
Phone: 614-560-1091
Fax: 614-451-1213
Email: edwardsteam@kw.com

Jim Edwards is a lifelong resident of Columbus, Ohio with fifteen years of residential real estate experience, six years of residential construction experience and twelve years of relocation experience. Jim is respected both as a real estate leader and a community leader because of his total commitment. Jim's satisfied clients from all walks of life and all over Columbus are a testament to his true professionalism, his vast knowledge and his ability to listen to people.


Keller Williams Classic Properties Realty real estate and homes for sale in Columbus, Upper Arlington and Dublin Ohio

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