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Welcome > Sitemap > Local Information ...
La Crosse, La Crosse County, Onalaska and Holmen Information:
About La Crosse - Moving to La Crosse, Wisconsin? Get info here...
About La Crosse County - Moving to La Crosse County, Wisconsin? Get info here...
About Onalaska - Moving to Onalaska, Wisconsin? Get info here...
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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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What holds the title as the tallest reinforced concrete building in the U.S.?
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311 South Wacker Drive in Chicago was completed in 1990 and is 65 stories high. |
See More Real Estate Trivia > |
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