Question: My daughter is buying her first house. The professional home inspection revealed a leaky roof and that the garage should be either torn down or rebuilt. How does she get a repair credit for ...

With any luck, the time between making an offer and closing on a house will be smooth sailing. However, there are plenty of things that could go wrong, big or small. That's why many buyers include ...

A contingent offer means that an offer on a new home has been made and the seller has accepted it, but that the final sale is contingent upon certain criteria that have to be met. These criteria, or ...

QWe recently signed a contract to buy a house and thought we were smart enough to insist, over the real estate broker's objections, on having the contract contingent on our obtaining at our expense a ...

QWe are in the process of selling our rental property. A buyer signed a purchase contract, using the standard regional sales contract form. Several days later, we received an addendum stating that the ...

A kick-out clause is a clause written in real estate contracts, usually in the context of home sales. It applies when someone has made a contingent offer to buy the house. The kick-out clause says ...

In real estate transactions, the term “contingency” comes up a lot. Why do you hear it so often, and what does it mean? A contingency is a clause added to the contract to give the parties the option ...