This article provides what to expect during the period between when the contract "goes hard" and Closing. There are two processes Buyers and Sellers go through at this point:
1. Completing the transaction file and reviewing Closing documents.
2. Moving, cleaning, completing any inspection repairs and preparing for the final walk through.
Read MoreA conditional sale is a contingency in a purchase contract requiring that a home or property sell in order for the Buyer to close. Typically, it’s because the Buyer need funds from that sale in order to purchase a new home or property. It creates a chain of events that have to happen in order for the current property to close. Sometimes we see multiple conditional sales in a series of transactions, which means that a termination or requested extension in any one of those transactions could drastically affect all of the others.
Read More
