When you buy a cattle ranch in Lake City, a home for sale in the area, or anything else, the transaction depends on the home inspection—and your Lake City Realtor® will write your purchase offer to include a contingency that says if the inspection turns up something you’re not willing or able to deal with, […]
What Are Contingencies in a Real Estate Contract?
Whether you’re buying a large farm near Lake City or a land-home combo in the same area, you’ll have a real estate purchase contract to seal the deal. Within that contract, you’ll most likely have contingencies—but what is a contingency, and why do you need them in your contract? What is a Real Estate Contingency? […]