Contingencies to Consider Before You Buy

The standard home contract includes a few conditions that must be met before the closing can occur, covering issues like financing, insurance, inspections, and that’s only the tip of the iceberg. These conditions are called “contingencies.” They’re critical to give you an out if, for instance, your financing falls through or other situations or disclosures make obstructions to you closing the deal.

rebates on real estateKeep in mind, purchasing a house isn’t like going to the store and buying a refrigerator, where you can return it inside of 30 days in the event that you don’t care for it. When the arrangement is done, it’s essentially done. So, along with making a great offer and taking advantage of real estate rebates (when available), it is worth exploring whether you’re making the best decision and making contingencies permitting you to make these exemptions before the sale is concluded.

How Do Contingencies Work
A few possibilities are very standard, and both seller and buyer would most likely be crazy to reject them. For instance, a purchaser’s has the right to an inspection. You condition the closing on accepting the reports from the home inspectors whom you contract.

A finance contingency is common, conditioning the sale on the seller and buyer, on securing a loan with which to purchase that house. While it was assumed buyers would get the loan, especially if they had pre-qualification or a pre-approval letter from a bank, home buying credit has really tightened up, and many loans fall through during the last minute. Sellers now favor buyers who make cash offers, leaving out the financing contingency, or at prove to sellers’ satisfaction they can secure qualification.

Buyers add insurance contingencies to home buying contracts. Homeowners living in certain states with a history of mold, fires, earthquakes, tornadoes, or hurricanes, could receive flat out no coverage response from many insurance carriers. Home buyers and sellers can make the contract contingent on applying for and then receiving insurance in writing.

Many other contingencies are less the normal, and become a matter for negotiating at the table. For example, the home seller could ask that the contract be made contingent on successfully buying a different house. If you need to move out of the house quickly, you could reject the contingency or ask for a time limit. Also, you could request the deal is contingent on you successfully selling the house; but in slower markets, where it could take you a long time to sell, the seller is liable to walk at this point.


Keeping the Thrill in Your Boating Buying Experience

Ask a boater what their favorite two days are, and they will tell you the day they bought their boat and the day they sold that same boat. Don’t become one of thousands who simply made the wrong purchase and never got to experience all the thrills of boating. If you follow just a few of these simple steps before heading off to the next boat sale, you will be well on your way to having some memorable times out on the high seas with all your family and close friends. Boat sale

1. Make sure that you identify your boating needs before you choose a boat that is in your price range. Different boats provide exceptional times for different experiences. You can not enjoy tubing or water skiing if you buy a boat that was designed for fishing. You will never get the most out of a fishing excursion when you bought a party boat because it looked cool or was affordable. Rather than buy in this manner, find the right boat to match your boating lifestyle, then you enjoy the time on the water more.

2. Take time long before you even start shopping for a boat to carefully consider what all the expenses will be that come with owning a boat. Too many people assume the price of the boat is the only real financial obligation, then start getting buried with bills for storage, fuel, repairs, maintenance, licenses, permits, safety equipment, fishing equipment, and even a new trailer. Get these all down on paper and incorporate into the budget. If you can afford the boat and all these expenses up front, you will get the most of this experience.

3. Go out with some friends this weekend and start living the boating lifestyle as often as possible. hang around late and see what goes into putting the boat away or getting it on a trailer. Get there early to see all the preparations that go into getting a boat read for a day out in the sun. This is a labor of love for many, but if it feels like a chore at this point you may not be cut out for owning a big boat. Get a feel for the lifestyle and start with a smaller boat. This way you can always upgrade down the road if you truly love boating.

Now you know how to keep the thrill in boating and make certain you are going to have the best possible boat buying experience.

How to Curb the Emotions | Charleston Real Estate For Sale

Charleston Real Estate for SaleThere are a variety of reasons why people put up their homes for sale. A new job in another city or state or a bigger or a smaller house is required. Whatever the reason, preparing your house for sale is crucial in attracting potential customers. Here are a few good tips from Premier One that everyone can use not just those with Charleston real estate for sale.


The fact that this is your home you are selling should be disassociated from their owners. You can start by telling yourself that it is not your home. It’s a house and it’s something that is put up for sale, like a carton of milk in the supermarket shelf.

Accept the fact that the house will soon not belong to you anymore. Let go of the emotions. You can start by picturing yourself giving out the keys and the documents for the appliance warranties to its new owners.

Some home sellers also suggest saying goodbye to each room in the house. The bottom line is looking toward the future and not looking back.


Those old family heirlooms and personal photographs don’t belong there anymore so start packing them up. Your home shouldn’t contain personal artifacts from their previous owners and neither should yours if you don’t want buyers to be distracted. A buyer should see himself living in the house you are selling.


When you have lived for so long in a house, you tend to collect and keep an unbelievable amount of junk. When de-cluttering homes for sale, the general rule is that if you haven’t used it for more than a year, you probably don’t need it. And since you don’t need it, you can donate, sell, or just throw it away.

Rearrange closets and cabinets

Buyers will open up cabinet and closet doors so you don’t want items falling out when they snoop around. Being organized sends a message to potential buyers that the house has been taken care of properly. You might need to alphabetize spice jars and stack the dishes neatly.

Rent storage

It’s always better to show homes for sale that have less furniture. You can rent storage units where you can keep furniture that could block walkways and paths, making the area small and tight. You can highlight the purpose of each room by leaving just enough furniture. Give the buyers plenty of room to move around.

Make it sparkle

If you haven’t had a general house cleaning, now will be the best time for it. Wash all the windows, inside and out. Clean the exterior and sidewalks using a pressure washer. Sweep out the cobwebs. Polish the chrome mirrors and faucets. Do a thorough vacuum cleaning for all the rooms. Wash the floors. Replace those worn rugs. These are just some of the things you can do make your house cleaner and more attractive.