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Jj, Both Buyer and Seller in Woodbridge, VA

What's a Form 100? Can it be used to cancel a contract even when all other contingencies have been met?

Asked by Jj, Woodbridge, VA Mon Jun 30, 2008

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As Daniel indicates Form 100 is for removing the financial contingency from your contract. Please consult your agent to discuss any details as to your specific contract and situation,
Web Reference: http://cindyjoneshomes.com
0 votes Thank Flag Link Mon Jun 30, 2008
Form 100 removes the financing contingency. The form in itself is not a way out of the contract. I don't know which contract you are using so I can't say for sure, but there is probably language regarding the financing contingency that may leave you a way out. Talk to your agent and/or a real estate lawyer for further guidance.
Web Reference: http://LoudounScene.com
0 votes Thank Flag Link Mon Jun 30, 2008
Its a stupid form created when the last revision to the regional contract took place. Do you have an agent? He/she should be able to give you a copy, and then you'd see what the use was. No agent? Send me an email or call me. I'll forward a copy of the form to you if you need it.
0 votes Thank Flag Link Mon Jun 30, 2008
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