Understanding the Kick Out Clause in Real Estate
When navigating the world of real estate, one might come across the term “kick-out contingency”. This lesser-known, yet crucial provision can be a game-changer for both buyers and sellers. In this article, we’ll dive into the mechanics of the kick-out contingency, its advantages, and potential drawbacks. What is a Kick Out Clause? A kick-out clause…
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Appraisal Contingency In Florida Real Estate – What You Need to Know
Real estate contingencies make the sale conditional. In other words, the buyer will only buy the home if certain conditions are met. The appraisal contingency in Florida is a common contingency that impacts whether or not a sale goes through. Below, we’ll explore the appraisal contingency in-depth, including when to use it, when not to,…
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The 8 Most Common Home Sale Contingencies in Florida
Home sale contingencies are a common part of the home-buying and home-selling process. In fact, in May 2020, the National Association of Realtors found that 76% of offers had contingencies. Understanding what contingencies are out there—whether you’re a seller or a buyer—will help your real estate experience run smoothly. What are Home Sale Contingencies? Contingencies…
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