Episode Details
Back to EpisodesDishin' Dirt with Gary Pickren on Sale and Close Contingencies and First Right of Refusal.
Description
Sale and Close Contingency and Close Contingency. What is the difference and how does each one work? Are they good for both parties and when should they be used? Can your contract be bumped for a better offer? When do you have to start due diligence?
In this episode we examine the terms of the Sale and Close Addendum and the Close Contingency in relation to the Central Carolina REALTOR Association contract and the Sale Contingency associated with the South Carolina REALTOR Association contract. I also examine the issues with First Right of Refusals and how it could actually be very bad for the seller.
Also, another episode of Gary's Good News Only!
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Gary
* Gary serves on the South Carolina Real Estate Commission as a Commissioner. The opinions expressed herein are his opinions and are not necessarily the opinions of the SC Real Estate Commission. This podcast is not to be considered legal advice. Please consult an attorney in your jurisdiction for applicable legal advice germane to your issue.
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Gary
* Gary serves on the South Carolina Real Estate Commission as a Commissioner. The opinions expressed herein are his opinions and are not necessarily the opinions of the SC Real Estate Commission. This podcast is not to be considered legal advice. Please consult an attorney in your area.