Contingent Kick Out All Locations : Nationwide Real Estate Advice

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Matt Laricy, Real Estate Pro in Chicago, IL
Matt Laricy answered:
Will a buyers agent bother to show their clients a home that is listed as contingent? Reason I ask is ...
I dont waste my time showing houses that are CTG because 99.9% of the time, I cant show them even if I wanted to. The reason being, they accepted a contract, so the sellers ... more
0 votes Share Flag Thu May 30, 2013 Home Buying in 60605
Laura Gianno…, Real Estate Pro in Manahawkin, NJ
Laura Giannotta answered:
We might be receiving an offer on our house in New Jersey for the asking price with a contingency. The
Accepting an offer with a sale of home contingency means that you lock in the price. The buyers agree to buy your home when the home they're in sells. The sale price for your home is ... more
0 votes Share Flag Tue Jun 9, 2009 Home Selling in 08318
Aj Zaki, Real Estate Pro in Boca Raton, FL
Aj Zaki answered:
My wife and I had an accepted offter for a short sale home. The listing agent told our agent that we needed
Hi Tt
It all depends on what is mentioned in your contract. It looks like you did not have a signed and executed contract in the first place between you and the seller ,you ... more
0 votes Share Flag Sat Jun 27, 2009 Home Buying in Buffalo
Haidee Reyes,  in Grass Valley, CA
Haidee Reyes answered:
Kick out clause????
Here in California when a seller accepts an offer a seller is in contract! Are you working with an agent in your area? Is the kick out clause for the term of the contract? USDA may not ... more
0 votes Share Flag Sun May 12, 2013 Home Buying in Lewisburg
Andres Garcia, Real Estate Pro in Hoboken, NJ
Andres Garcia answered:
What would a good counter offer be to the banks counter offer on a foreclosure?
First, where did you get those comps from? A $240,000 range on a home in that price range is not thoughtfully researched at all. Look at the condition and selling dates of those comps ... more
0 votes Share Flag Thu Apr 9, 2009 Home Buying in Gilbert
Steven Ornel…, Real Estate Pro in Fremont, CA
Steven Ornellas answered:
how do you file a lis pendens ( California)? Do you need to be an attorney to do it?
Michelle, don't mess around with this, its time to get a Real Estate Lawyer involved to put the issue to rest. A simple letter from you lawyer may solve the issue.

Best, Steve
0 votes Share Flag Fri Aug 21, 2015 Home Buying in 91362
Marcy Moyer, Real Estate Pro in Palo Alto, CA
Marcy Moyer answered:
How long should the "sale pending" phase last?
Escrows can be as short as a week for a cash transaction to several years for large land deals. However, right now the average length is 30-45 days. Sometimes they are pending f ... more
0 votes Share Flag Fri Apr 9, 2010 Home Buying in Palo Alto
Jeff Royce, Real Estate Pro in Fairfax, VA
Jeff Royce answered:
Timing of buying and selling
In a buyers market like we have in Northern Virginia, people who are looking to sell their current home and purchase another have a tough choice to make. Should they sell their current ... more
0 votes Share Flag Fri Mar 5, 2010 Financing in Oakton
Michael Klij…, Real Estate Pro in Nottingham, MD
Michael Klijanowicz answered:
Is this home at 103 Achsah Dr. Owings Mills, MD 21117, still on the market or sold?
According to the MLS it is currently under contract but has a 72 hour kickout due to a third party approval contingency that has not been fulfilled yet. If you have any further questio ... more
0 votes Share Flag Sun Nov 30, 2008 Home Buying in Owings Mills
Mike Kelly A…, Real Estate Pro in Santa Rosa, CA
Mike Kelly Allison Norman answered:
I'm looking for information about a company called Green Credit Solutions.
Tracy, I'm a bit confused by "DRE sanctioined"? The Department of Real Estate works with licensees and NOT attorneys unless the attorney seeks a license (which they can due to being an ... more
0 votes Share Flag Thu Apr 29, 2010 Foreclosure in 95404
Michael Barr…, Real Estate Pro in Irvine, CA
Michael Barron answered:
I'm currently in Escrow and should close on Wednesday. Can I sell my home in 3 years and make a profit?
Hi there Michelle. If you hate this home why are you buying it? Nobofy really knows about the Market in the future. Nobody has a crystal ball. Over time real estate will appreciate. Th ... more
0 votes Share Flag Mon Jul 13, 2009 Home Buying in Mission Viejo
Michael Hjal…, Real Estate Pro in Rochester, MN
Michael Hjalmervik answered:
I own a large lot in an area of expensive homes. A realtor wants to list it so a buyer would be committed to
Gregg, Generally speaking any time you limit your pool of buyers you extend your market time and have the potential to limit the return from your property. A buyers selection of a bui ... more
0 votes Share Flag Fri Oct 22, 2010 Home Selling in 55438
Brian Block, Real Estate Pro in Alexandria, VA
Brian Block answered:
Why is the house I am buying suddenly not lsited at all on the MRIS?
Tom & Heather, once a property goes under contract, it will typically not be displayed any longer on the public versions of the MLS. Agents and brokers can still view the property mark ... more
0 votes Share Flag Mon Jun 30, 2008 Home Buying in Springfield, VA
Steve Javier,  in Orlando, FL
Steve Javier answered:
What exactly does contract pending, with first right of refusal mean on a home for sale? Does the listing?
You need to hire someone. Its at no cost to you. Some people want to tackle buying or selling homes themselves only to find out how bad they will get burn. Again do yourself a favor. ... more
0 votes Share Flag Wed Feb 25, 2009 Home Buying in 32837
Sylvia Barry,…, Real Estate Pro in Marin, CA
Sylvia Barry, MAS,CIPS,SRES answered:
What does a Contingent with a Kick Out mean and can this house be bid on?
Hi Arvind:

Usually a Contingent with Kick Out means that there is a contract pending on the house (usually pending on the sale of the buyers home). However, the seller reserve the r ... more
0 votes Share Flag Mon Jun 23, 2008 Home Buying
Frank Diaz, Real Estate Pro in Honolulu, HI
Frank Diaz answered:
Can we enter into contracts with multiple parties when both offers have subject to sale contigencies? We
You can accept one contract, not two. It is customary to deal with the first offer first, trying to get the best terms for you.

A "second potential buyer" is just that. Until the off ... more
0 votes Share Flag Sat Nov 22, 2008 Home Selling in Chicago, IL
T.E. & Naima…, Real Estate Pro in Dallas, TX
T.E. & Naima Sumner answered:
What is the Market conditions in Kingsmill addition in Mansfield, tx?
It's a highly desirable area... There are 17 homes on the market right now. Of those 2 are foreclosures and 1 is under contract. There are several that are new from the custom builders. ... more
0 votes Share Flag Tue Jun 25, 2013 Market Conditions in 76063
Shirley Thom…, Real Estate Pro in Germantown, TN
Shirley Thomason answered:
Pls advise me about contingent offers. Can anyone tell me pros and cons. Also risks in giving a contingen ...
It is O.K. to accept a contingent offer, but be sure to have an agreement to keep your house on the market.
Also, be sure to have a short period of time 24-48 hours in which the buyer ... more
0 votes Share Flag Tue Dec 16, 2008 Home Buying in 94536
Michael Lefe…, Real Estate Pro in Westborough, MA
Michael Lefebvre answered:
How commonly are appraisal contingencies used, and with what sort of wording?
Hello. I'm a Realtor and also own a real estate appraisal company. Usually the appraisal contingency is used when the buyer is worried or concerned that the pending sales price is too h ... more
0 votes Share Flag Fri Apr 4, 2008 Home Buying in Boston, MA
Danilo Bogda…, Real Estate Pro in Reston, VA
Danilo Bogdanovic answered:
Can someone give me some details about CNTG/NO KO and CNTG/KO. Do you still put offers on houses that?
CNTG/NO KO means that they are not actively accepting offers, but you may want to check if they'll take a back up offer.

CONTG/KO means that they are still accepting offers because t ... more
0 votes Share Flag Tue Jan 7, 2014 Home Buying in Ashburn
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