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All agents are NOT alike! Find out why I am one of Perdido Key's top real estate experts. Call me direct at: 850-712-4631.
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Kathy Justice is one of The Top Selling Real Estate Experts™
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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 |
Where is the world's oldest hotel?
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| A |
The Hotel Ryokan in the village of Awazu, Japan dates back to AD 717, when an inn was built near a hot spring reported to have miraculous healing properties. |
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Kathy Justice
ResortQuest Real Estate
14620 Perdido Key Drive
Perdido Key, FL 32507
Direct Line: 850-712-4631
Fax: 866-561-1936
kathyjustice@NUMBER1EXPERT.com
kjustice@resortquest.com
Kathy is a leading real estate expert in Perdido Key, Florida whose exceptional market knowledge and genuine care for customer service catapolted her to #1 Volume Agent in Perdido Key in 2007 & 2008. "I don't view myself as a salesperson; I'm more of a teacher. I enjoy the process of educating people and providing them with the information they need to make the best decisions for themselves and their families." Kathy is more than an accomplished Realtor, she is also a Mechanical Engineer whose name appears on an international patent, a competitive athelete, and a spiritual woman whose faith is at the center of her achievements.
Top-notch customer service is at the foundation of Kathy's business and she tailors her work to each client's specific needs. "I appreciate the opportunity to serve my customers and look forward to sharing the many wonderful opportunities in Perdido Key!"  
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