Sacramento and the surrounding areas are wonderful places to live with so much to offer. Nathan Cleaver is a dedicated professional who offers his expertise to clients by helping them make the best decisions for their family and for future resale. When you are buying or selling property in today's real estate market, it's important to have confidence in your real estate professional. Nathan keeps on the cutting edge of the real estate industry and makes excellent use of the latest technology. Nathan's commitment as your local REALTOR® is to provide you with the specialized real estate service you deserve. For more information click on the link below to visit Nathan's web site.
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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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What took over 30,000 workmen to construct and is considered the second largest palace in the world?
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| A |
The Palace of Versailles, 14 miles southwest of Paris and completed in 1682, is famous for its size and its beauty.
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