Scott Paulson is co-host for one of Kansas City's best local business radio shows....Bizz Buzz Live, Hot Talk on 1510 AM every Saturday morning from 10:00am - 11:00am. 
Real Estate Contracts >Contingency Contracts
Buyers walk into your home in your area and fall in love with it. There is one problem--they will have to sell their home before they can buy yours. Their offer contains a contingency clause which makes the purchase dependent upon selling their present home. Should you accept such an offer?
Your decision should be based on several factors. Is their home being professionally marketed at this time, or are they trying to sell it themselves (a risky proposition!)? How long has it been on the market? Is it overpriced? If the house doesn't sell, can the buyers take out a bridge loan or make other arrangements to get to the closing table? How important is timing for you? Will the buyers agree to let you continue marketing your home and accept a non-contingent contract (and void theirs) if their house does not sell? Contingent contracts often work out well, but you need the help of a professional to weigh the pros and cons.
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Where would you go to visit the largest ancient castle in the world?
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You would travel to Prague, Czech Republic, to see the Prague Castle, built in the 9th century, with a total surface area of 18 acres. |
 See More Real Estate Trivia > |
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Deines/Paulson Real Estate Group
Reece and Nichols
1153 N.E. Rice Road
Lee's Summit, MO 64086
Roger Deines: 816-210-6101
Scott Paulson: 816-251-1523
Lori Wold: 816-522-2068
Mike Hastings: 816-251-1433
Jonell Warren: 816-251-1453
Email Roger Deines: rogerdeines@reeceandnichols.com
Email Scott Paulson: scottp@reeceandnichols.com
Email Lori Wold: loriwold@reeceandnichols.com
Email Mike Hastings: mhastings@reeceandnichols.com
Email Jonell Warren: jwarren@reeceandnichols.com
Deines/Paulson Real Estate Group has
Over 34 years experience combined in Resale, Short Sales, Foreclosures, New Construction, HUD, and REO home sales! We are with the #1 Company in the area Reece and Nichols. Specializing in but not limited to Lees Summit, Raymore, Lake Winnebago, Blue Springs, Kansas City Metro and Johnson County.        
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