What is it with Real Estate Contingencies, should I be concerned?

    As A Santa Clarita Seller of Real Estate and as a Buyer of Santa Clarita Real Estate – the answer to the question of, “Should I be concerned with Real Estate contingencies”, is YES!

    You just have to have the agent you are working with give you the pro’s and con’s of each of the contractual contingencies that are in effect.

    Their enforcement is key.  If you are a Santa Clarita Real Estate buyer, there are going to be contingencies that will concern you when buying a home.  You will have a certain amount of time to do your inspections.  You will also have contingencies in place that will protect you as a buyer.  Such as a “appraisal” contingency – Which gives you a way out of the transaction if the property does not appraise at the amount you offered.

    Sellers have contingencies that area all of their own.  Such as needing the home they are selling to close at the same time as the home they are buying.

    In both of the above scenarios – you need to have a game plan developed where your Santa Clarita Realtor will cover all of the nuances of each contingency.  Most are in place to protect you while selling the largest investment of your life.

    For buyers, contingencies are in place to protect them when buying the largest investment of their lives.


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    Paris and Connor MacIvor

    Connor and Paris MacIvor are in the Top 1% of Realtors Nationwide, starting their real estate business in 1998 with RE/MAX Gateway - Santa Clarita Valley and Valencia CA. Their becoming licensed real estate consultants and representatives came from the horrible experience they had when they bought their first home. There were many things that the agent they had hired did not explain and disclose, which per law he should have. Getting that agent on the phone after they closed escrow and after he had gotten paid was impossible. Paris and Connor called the broker, the board of realtors, the office manager and all they received was the promise of a phone call back. The remedy did come, but not as fast and in the way they wanted. That act - that bad agent was the reason why Paris and Connor became Realtors. That was all they needed to vow to never let the same fate befall anyone else, that befell them. Today Connor and Paris are focused on client service. Protection and top-shelf service with regard to their real estate clientele. They primarily work within the Santa Clarita Valley and Valencia CA. However, for a referral, where 80+ of their business is referrals they have License and Will Travel to other parts of Ventura County, Los Angeles County, and Orange County to handle real estate transactions for those who trust their real estate operation. Writing on their Real Estate Blog is a passion. SCVnest.com/blog is where you will find over 10,000 real estate articles. Go to SCVnest.com/radio to listen to their latest real estate radio broadcast.

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