Lake and Waterfront Homes

Found 1 blog entry about Lake and Waterfront Homes.

Contingency Contracts

home contingency contracts As a REALTOR, I get many calls from buyers who have found a house on line and want to get more information.  So many times I have to tell them that the house is already under contract.  Yes, our Nashville TN area real estate is booming and many houses are under contract.  

The issue is that buyers are looking on 3rd party websites that do not show that a home is under a contingency contract and are still showing as Active.  This is because the listing agent will not toggle the listing as a Pending until the buyer contingencies have been satisfied. Those contingencies could be inspection period, financing, or buyer has a home to sell.  The listing agent wants to protect his/her seller and make sure the house remains on the

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