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Pheasant Run Crossing Townhome Seller Delighted!
Recently we had the pleasure of using Dana Orr to sell our townhouse in Pheasant Run Crossing. Dana did a wonderful job of finding a full price buyer in a matter of hours. I have moved many times over the years, but this was the most painless sale I have ever been involved with. I would recommend Dana to anyone looking to buy or sell in the area.
James DeFrank
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Real Estate Contracts >Contingency Sale
Sellers may be reluctant to accept an offer that is contingent on the sale of another property. However, such a sale can be structured to minimize the risks.
The seller should put a limit on the amount of time that the buyers have to accept an offer, and they should keep their home on the market during that time. They should also reserve the right to require that any contingencies be met within a short period of time, ideally 24 to 48 hours, if they get a second offer. This is called a "First Right" contingency.
Contingent sales can work well for the sellers. The buyer is not in a position to ask for concessions on price or terms and may be able to get interim financing. Each situation is different, however, so go over the terms with your real estate agent before accepting a contingent offer.
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| Q |
What is considered to be one of the soundest long-term investments?
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| A |
Real estate has a long-term record of strong investment return and is a driving force of the national economy.
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- NUMBER1EXPERT™ 
