Winnipeg real estate and homes for sale in Manitoba - Steve Mackenzie, REALTOR® Steve Mackenzie REALTOR(r) for Winnipeg, Manitoba real estate - NUMBER1EXPERT™ Steve Mackenzie NUMBER1EXPERT(tm) for Winnipeg, Manitoba real estate

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Steve Mackenzie, REALTORŪ, real estate agent and broker for Winnipeg Manitoba home listings, property and land for sale - NUMBER1EXPERT(tm)




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Real Estate Tips
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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Real Estate Trivia
Q 
What is considered the oldest surviving non-native building in the U.S.?

A 
The governor's palace in Sante Fe, New Mexico, built in 1609, was constructed with materials and methods adapted from the native Indians.
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Steve Mackenzie, REALTORŪ, real estate agent and broker for Winnipeg Manitoba home listings, property and land for sale - NUMBER1EXPERT(tm)

Steve Mackenzie
Royal LePage Dynamic

1450 Corydon Avenue
Winnipeg Manitoba
Canada R3N 0J3
204 989-5000
877 855-0010
Fax: 204 989-7911
Email: SteveMac@RelocationWinnipeg.com

Performance NOT Promises - 100% guaranteed or my commission back - Knowledgeable and outstanding commitment and marketing

Equal HousingMLSREALTOR


Royal LePage Dynamic real estate and homes for sale in Winnipeg Manitoba

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