Question: My daughter is buying her first house. The professional home inspection revealed a leaky roof and that the garage should be either torn down or rebuilt. How does she get a repair credit for ...

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 ...

QWe recently signed a contract to buy a house and thought we were smart enough to insist, over the real estate broker's objections, on having the contract contingent on our obtaining at our expense a ...

Home sellers and their real estate agents know we are in a buyer`s market, which means there are more sellers than buyers, so sellers can`t be too fussy. However, smart home sellers shouldn`t allow ...

In real estate transactions, the term “contingency” comes up a lot. Why do you hear it so often, and what does it mean? A contingency is a clause added to the contract to give the parties the option ...

When you first heard the word, you may have considered “contingency” to be a fancy, multi-syllabic byproduct of overcomplicated legalese. But if you’re planning to buy or sell a home, you’ll quickly ...

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 ...